Newly launched Milwaukee startup Aeroplicity Inc. has created a blockchain-based aerospace and defense platform geared toward small and medium-sized businesses.
The company’s “Traceability” application allows businesses to create digital twins of their documents, which can be shared through QR codes, eliminating the need for physical copies. The use of blockchain technology ensures the authenticity of the documentation and improves supply chain transparency, speed and efficiency, the company says.
Jerome Miastkowski, founder and chief executive officer of Aeroplicity, said the requirement to conduct business as an aerospace and defense supplier is becoming increasingly complex. Mandates are being passed down from the government to Tier 1 suppliers in the aerospace and defense space. This in turn trickles down and affects smaller manufacturers and suppliers within the supply chain.