GSC will use the blockchain to track Aviation parts from manufacturer through installation until its end of use.

GSC will enable Aviation Part traceability throughout the whole supply chain from manufacturer to installation then till the end of its service life by recording the vital data on the blockchain via hashlinks.

This will improve flight safety by reducing accidents related to part fatigue and the use of counterfeits and increase trust and reliability between suppliers and buyers.

“The potential benefits could include:

Improved data quality

Single, traceable record of serial numbers

Better and more accurate maintenance history

Increased trust between service providers, suppliers and operators

Cheaper compliance, increasing airworthiness”

source https://blog.ifsworld.com/2017/06/disrupting-aviation-blockchain/

GSC Will provide a Reverse Auction Marketplace where transactions can be executed in GSC Tokens via Smart Contracts

GSC will expand the Aviation supply chain and purchases for airlines/MROs by providing a verified database to enable buyers to contact reliable supply businesses globally including emerging markets such as Africa, Middle-East and Asia.

Transactions can be settled quickly and reliably through the use of GSC tokens and smart contracts utilizing all the advantages of using cryptocurrency as payment.

GSC will provide a database of integrated couriers as part of the Marketplace database. Shipments will be covered by insurance Smart Contracts.

The Marketplace will also provide a database of vetted Courier services for buyers to select with contracts secured via the blockchain and smart contracts executing insurance contracts if shipments are late or damaged.

Market size and competitors.

The Aviation market alone is worth over 1 trillion dollars

source http://www.eulerhermes.com/economic-research/sector-risks/Global-Aeronautics-Report/Pages/default.aspx

GSC Platform applications for Heavy Industries

As you can see on our roadmap found here: gscplatform.io our supply chain solutions will be rolled out to other Industries of scale, beginning with the Automotive sector then targeting the Rail sector, both huge markets of opportunity facing the same inefficiencies and lack of cohesive manufacture to end of use parts tracking.

No known competitors are offering this complete solution

The Aviation Sector will be able to reach new heights of efficiency to save time and money.

“The use case has to be realistic. The four features of blockchain are resilience, traceability, integrity and disintermediation [and] are well suited to the aviation supply chain,”

source https://www.coindesk.com/air-france-tests-blockchain-supply-chain-tracking/

Our traceability can offer manufacturers like Airbus, Boeing and Comac the ability to offer a new kind of service for their customers: before a new airplane sale they will be able to share with us the list of all vital parts with the potential of life and shelf life on this aircraft.

Then we will be able to provide to their customers the maintenance planning to change these parts with optimal timing.

This will give them the opportunity to schedule a years procurement with their preferred suppliers and let them spend the time saved finding the perfect compromise in prices/procurement/negotiation and contracts.

ICO Presale starts July 1

Visit us at our GSC Aviation Telegram for more information.