Blockchain reduces airline cargo costs by 7%, boosts efficiency
Airlines were able to reduce communication errors by 90% thanks to the transparency of blockchain technology.
Airlines can save up to 7% in overall cargo handling operations using blockchain-based supply chain management solutions, which is another testament to the technology’s disruption potential.
Airlines saved 7% in cargo handling operations in a recent study conducted at Heathrow Airport by Aventus, a firm offering enterprise-grade blockchain-as-a-service solutions.
Beyond the 7% cost reduction, airlines also saw improved operational efficiency during the study, according to Alan Vey, the founder of Aventus.
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Author: Zoltan Vardai
