Magchain is born, startup for the quality certification of aircraft components
The new company is controlled by the Magnaghi group and aims to provide certainty and streamline the management of documentation for individual products.
MagChain, a new startup, has been launched to manage quality certification for aerospace components using blockchain technology. The company is majority-owned by Magnaghi Group, along with Italian blockchain experts from D4k and SMT Technologies. MagChain's first product, Industrial Trust Layer (ITL), has been applied to structural components of a civil transport aircraft produced by Salver, a Magnaghi Group company, and was presented at the Farnborough International Airshow in July.
ITL uses blockchain to securely store and verify quality documentation for aerospace components, eliminating the need for manual verification and ensuring the integrity of the documentation.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
