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The blockchain in automotive and aerospace & aviation industry analysis conducted by BIS Research highlights that the market is projected to grow at a CAGR of 60.35% during the forecast period 2019-2029. As per the blockchain in automotive and aviation report depicts that the market was valued at $138 million in 2018.

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The blockchain in automotive and aerospace & aviation technology is majorly driven by the factors such

The absolute must for air travel is aviation safety. Proof of the seriousness in addressing the issue of aviation safety is the fact that the US has been taking steps to bring standards to improve aviation safety from almost the very beginning of commercialization of air travel. Aviation being the kind of activity that it is; aviation safety has to be so comprehensive that it should take into consideration all the possible factors that could contribute to a lack of it. This makes aviation safety