This project aims to develop a blockchain-based platform to enhance transparency and traceability in the supply chain for small and medium enterprises (SMEs) within the Aerospace & Defense industry. By leveraging blockchain technology, the platform will securely record and verify transactions involving critical components, ensuring compliance and reducing operational risks.
Small and medium enterprises in the Aerospace & Defense sector involved in the sourcing, manufacturing, and distribution of critical components.
The lack of transparency and traceability in the supply chain poses significant risks to SMEs in the Aerospace & Defense industry, potentially leading to compliance issues and operational inefficiencies.
The target audience is ready to invest in solutions that ensure compliance with regulatory requirements, reduce risk of fraud, and streamline operations, providing them a competitive edge.
If this problem isn't addressed, companies face potential compliance violations, increased fraud risk, and operational inefficiencies that could result in significant financial losses.
Current alternatives include traditional ERP systems which are often costly, less secure, and lack the decentralized benefits of blockchain technology.
This platform offers unmatched security and transparency with blockchain's immutable ledger, ensuring compliance and reducing operational risks efficiently.
The go-to-market strategy involves targeting SMEs through industry conferences, partnerships with aerospace associations, and leveraging digital marketing to highlight the platform's compliance and efficiency benefits.