Saudi Aims Blockchain Adoption Across 28 Airports February 11, 2023 February 11, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsFebruary 11, 2023 by Kelly Cromley

Saudi Aims Blockchain Adoption Across 28 Airports

IR4LAB and Saudi Ground Services (SGS) announced at LEAP 2023 the adoption of DocCerts Blockchain management platform for all training-associated digital papers and ground service device licenses granted by SGS at 28 Saudi Arabian airports where SGS conducts ground handling services. The system using Blockchain technology will let SGS to generate more than 10,000 electronic files yearly, including licenses.

Airport ground services facilitate flight operations. These facilities offer passenger services, luggage management, scaling, traffic management, load control, and fleet facilities, among other functions. As per Expert Market Research, the worldwide Airport Ground Market Size will expand at a CAGR of 10.40% from 2023 to 2028.

Eng. Ayman Alghamdi, Vice President of Human Resources at SGS, stated, “This is a momentous occasion and the initial effort of its type in the aircraft industry. Annually, SGS provides services to more than 88 million passengers on 690,000 flights. Utilizing DocCerts’ Blockchain technology at KSA airports, we will indeed be able to quickly, safely, and effectively authenticate papers and licenses, enhancing the client experience. We are happy to be contributing to Saudi Arabia’s 2030 goal via these initiatives.”

Majd Jamal Alafifi, Co-founder & CEO of IR4LAB, commented, “IR4LAB was Saudi Aramco’s initial blockchain technology investment in the Kingdom, given our commitment to growing technology usage in the nation and developing local skills. This partnership with SGS exemplifies the productive engagement between domestic blockchain technology startups and major domestic enterprises in the use of innovative technologies, including blockchain. As portion of the effort to realise Saudi Arabia’s 2030 goal and become a regional and global leader, we intend to sign further deals with other KSA-based parties.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.