Hong Kong, Bangkok, Tokyo, Nagoya
Aviation blockchain platform startup Block Aero Technologies secured a multi-year contract with JALUX Inc.
Jalux evaluated solutions to accelerate innovation, deepen cooperation with customer and vendor networks, and fully integrate internal and external IT systems to support digital transformation of the MRO supply-chain.
Block Aero was selected for its strong understanding of the airline industry, agility in bringing new technology to market, and corporate venture partnership model of collaboration.
In the near-term, Jalux expects to gain efficiencies in MRO business operations from the purpose-built aviation modules of Block Aero. Ultimately, distributing benefits to all ecosystem stakeholders by adopting solutions based on emerging technologies like blockchain are a long-term growth trend. This aligns with the corporate strategy of Jalux to open up new opportunities for business model innovation, pursue sustainable development goals, and share value creation with customers, vendors, and society.
“We are honored to be trusted by a client as respected and established as Jalux,” CEO and Founder of Block Aero Technologies, Todd Siena said: “This is a very important milestone in realizing our vision to provide practical and scalable solutions that transform fragmented aviation data into frictionless digital assets.”
Block Aero is a peer-to-peer collaboration platform purpose-built to solve problems in aviation data exchange and asset management throughout the total lifecycle. To achieve this objective, Block Aero offers a turn-key aviation blockchain network solution. The platform increases trust in the flow and sharing of information by securely connecting assets, organizations, and people.
JALUX Inc. is a trading company having its own strength in the aviation and airport-related domains. It provides original value-added products and services in following four business domains; Aviation & Airport business, Life service business, Retail business and Food & Beverage business.