Accenture and Thales decided to implement Blockchain Technology for improving security and speed up processes. by amar15

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news · @amar15 · Jul 19 '18 (edited)

$3.69

Accenture and Thales decided to implement Blockchain Technology for improving security and speed up processes.

![image.png](https://ipfs.busy.org/ipfs/QmRHfASgZwt4c8J1NAGJKZYTDamB7eV2farFfbgj83itGk)
source: [here](https://www.google.com/search?q=accenture+and+thales+partnership+for+blockchain+technology&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjCjpnLmabcAhUFo48KHXGVAkoQ_AUIDCgD&biw=1366&bih=662#imgrc=q9J1A_Pu-9DX7M:)

Accenture, Ireland based company specialized in providing management consulting and Technological Services and French aerospace and defense (A&D) major Thales have decided to connect with blockchain technology. That will be able to improve security and solve complex global supply chains supporting the Aerospace and Defence (A&D) industry.

The project based on Hyperledger fabric hosted by the Linux Foundation, the demo combines Blockchain, Internet of Things (IoT), distributed ledger technology (DLT) and few other innovative technologies.

John Schmidt, the head of Accenture A&D department stated: 
**"A & D has one of the biggest and complex supply chains in this situation Blockchain technology offers a new, elegant and secure way for the industry to track and trace myriad components while deterring counterfeiting and improving maintenance capabilities.  Used in combination with technologies like digital twins and digital threads, blockchain could ultimately be a game-changing innovation for this sector."**

The model will help A&D industry players improve tracking of parts of the supply chain. The system prepared by with the help of blockchain and IoT will able to reduce cost, confirm authenticity and identify defective parts of the system.

According to previous [researches](https://newsroom.accenture.com/news/vast-majority-of-aerospace-and-defense-companies-plan-to-integrate-blockchain-by-2021-accenture-report-finds.htm) of Accenture, 86 percent of A&D companies will implement blockchain technology to improve security and productivity by 2021.

Gareth Williams, vice president for secure communications and information systems at Thales UK stated:

**"Identifying counterfeit and grey-market goods in the A&D supply chain can be challenging. Using blockchain in combination with crypto seals and physically unclonable functions allows you to build a trusted history behind parts. This demonstration builds on the strong relationship Accenture and Thales have created developing innovative digital solutions for a variety of industries."**

That's really a good approach to implement blockchain technology because it provides more flexibility, transparency and good speed. Today's world is all about technology.

sources: [here](https://newsroom.accenture.com/news/accenture-and-thales-demonstrate-how-blockchain-technology-can-secure-and-simplify-aerospace-and-defense-supply-chains.htm)
www.accenture.com
www.thalesgroup.com

Thank you so much for reading, <b>Don't get Stressed, Stay Blessed</b> and if you like it then please give me some blesses :-)
Here are my previous blogs: 
* [Top 3 Altcoins that can give you huge profit in near future.](https://steemit.com/cryptocurrency/@amar15/top-3-altcoins-that-can-give-you-a-huge-profite-in-near-future-you-can-do-your-last-investment-in-these-coins)
* [Electroneum back again with ASIC mining, iOS App (Beta). Why Electroneum price is not raising?](https://steemit.com/cryptocurrency/@amar15/electroneum-back-again-with-asic-mining-ios-app-in-beta-why-electroneum-price-is-not-raising)
* [Microsoft announced a Blockchain Partnership with Digital China and Hot Cool Taiwan.](https://steemit.com/news/@amar15/microsoft-announced-a-blockchain-partnership-with-digital-china-and-hot-cool-taiwan)
* [Why RBI is not comfortable with Crypto trading in INDIA?](https://steemit.com/mgsc/@amar15/why-rbi-do-not-comfirtable-with-crypto-trading-in-india)
* [A Wolf Man Shaun Ellis. How and Why he became a Wolf Man?](https://steemit.com/life/@amar15/a-wolf-man-shaun-ellis-how-and-why-he-became-a-wolf-man)
* [(EOS) Why Daniel Larmier wants to change entire constituion](https://steemit.com/eos/@amar15/ripple-xro-huge-partnership-ripple-expected-to-jump-to-usd20-after-official-announcement)
* [Is Bitcoin A Blind Game?](https://steemit.com/cryptocurrency/@amar15/is-bitcoin-a-blind-game-do-you-know-the-drawbacks-of-cryptocurrency)

Thank you so much for your love and affection ;)

feel free to give me your feedback and suggestion you are always welcome.

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@aman98115 · Jul 18 '18

good artical  and nice post

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@amar15 · Jul 18 '18

Thanks @aman98115

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@amands · Jul 18 '18

Great news

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@booster · Jul 17 '18

<p>This post has received a 1.59 % upvote from @booster thanks to: @amar15.</p>

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@dashingh · Jul 18 '18 (edited)

Great blog sir keep doing this

Posted using [Partiko Android](https://play.google.com/store/apps/details?id=io.partiko.android)

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@amar15 · Jul 18 '18

Thank you @dashsingh

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@embomb701 · Jul 17 '18

Very good read, thanks for posting friend keep up the great work.

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@amar15 · Jul 17 '18

Thank you @embomb701

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@embomb701 · Jul 17 '18

My pleasure @amar15

👍 wsmart

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@hatu · Jul 17 '18

You create very high quality content buddy.
But I am afraid Steemit is not the place for high quality content unless you have a lot of money to promote it. :(

👍 amar15

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@amar15 · Jul 17 '18 (edited)

Thank you so much Sir... 
But you know my weaknesses, I can't afford money for promotion :-)

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@heyimsnuffles · Jul 17 '18

Blockchain is changing the world day by day! I saw your reputation was higher than many and wanted to curate your post! I’m a crypto enthusiest and if you haven’t signed up for the STEEM/Byteball partnership i am running an initiative and giving away @steembasicincome! Check it out!

https://steemit.com/byteball/@heyimsnuffles/byteball-airdrop-anddd-steembasicincome-free-sbi-with-byteball-signup-and-easy-tutorial

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@amar15 · Jul 17 '18

Thank you so much for you tutorial Sir..... for joining byteball air drop

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@jasstaneja · Jul 18 '18

Done

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@kmayegaindia · Jul 18 '18

@amar15 blockchain technology is a future and gonna it will be the great revolution.

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@luckys · Jul 18 '18 (edited)

It is going to happen every where, if the technology is strong.. no one can stop to adopt it. Just keep watching and u will get that day by day these type of news will come tha.. today this and today that company is trying to think this technology.

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@amar15 · Jul 18 '18

Yes, you are absolutely right...
Thank you :)

properties (22)

@online87700 · Jul 17 '18

All IT companies are in the process of implementing blockchain but I am happy to this information from you bro thank you

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@amar15 · Jul 17 '18

thanks for reading...

properties (22)

@rs1007 · Jul 18 '18

Very nice informatic blog

Upvoted 
Hope u too

https://steemit.com/cryptocurrency/@rs1007/will-cryptocurrency-become-a-part-of-everyday-life

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@amar15 · Jul 18 '18

Sure bro.....

properties (22)

@rs1007 · Jul 18 '18

Very nice informatic blog

Upvoted 
Hope u too

https://steemit.com/cryptocurrency/@rs1007/will-cryptocurrency-become-a-part-of-everyday-life

👍 rs1007

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@amar15 · Jul 18 '18

Okay

properties (22)

@somasekhar · Jul 18 '18

Nice article.

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@steemitboard · Jul 18 '18

Congratulations @amar15! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@amar15) Award for the number of upvotes

<sub>_Click on the badge to view your Board of Honor._</sub>
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To support your work, I also upvoted your post!


**Do not miss the last post from @steemitboard:**
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@taksheel · Jul 17 '18

Good content, thanks for posting friend keep up the great work.

Upvote !!!

@taksheel  [ More one gives more he gets ]

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@amar15 · Jul 17 '18

Thank you @taksheel

properties (22)

@trojanwall · Jul 18 '18

This post has been upvoted by the Trojan Wall community.
We are a group of authors who support each other in our everyday struggle to get our posts noticed.
Stay strong, keep steeming.
![Ban.png](https://cdn.steemitimages.com/DQmNggS7FV4mBUdKQVauDezSYxxpR4kyNbNKpJDGpVoLpEA/Ban.png)

👍 trojanwall

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@amar15 · Jul 18 '18

Thank you @trojanwall

properties (22)

@yanabrui · Jul 17 '18

Excellent information, thanks for sharing with us, our dear friend ..

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@amar15 · Jul 17 '18

Thank you @yanabrui :-)

👍 yanabrui, amar15

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