Intelligent CIO Middle East Issue 28 | Page 57

////////////////////////////////////////////////////////////////////////// FEATURE: BLOCKCHAIN Taking blockchain into the air VIMANA is a company that is extending blockchain into the air. It builds blockchain based and regulated airspace ecosystems to provide air mobility programmes in countries such as the UAE, ensuring the safe and seamless operation of a multitude of aircraft. www.intelligentcio.com B lockchain is more often than not associated with financial transactions but it has a surprising versatility that has yet to be fully exploited. Evgeni Borisov, CEO, VIMANA Global, tells us how it is being used in aviation with a strong emphasis on international safety and security standards. What blockchain projects is the company involved in? At VIMANA, we are building a novel blockchain-based and blockchain-regulated airspace ecosystem. The ecosystem intends to provide urban air mobility programmes in smart cities like Dubai, New York and Tokyo with daily network aerial commuting based on fly-by-wire operating Vertical Take-Off and Landing Autonomous Aerial Vehicles (VTOL AAVs). How is VIMANA ‘extending blockchain into the air’? The main challenge facing implementation of an AAV network is that existing air traffic control towers are unequipped to manage potentially thousands of AAV flights in a given city. VIMANA addresses this hurdle by incorporating AAV flight paths into Blockchain Airspace. A blockchain is essentially a digital ledger that chronologically records INTELLIGENTCIO 57