Russia’s Largest Airline Pioneers Blockchain Pavements for Aviation Refueling

Energy company Gazprom Neft and Russian airline S7 Airlines have announced the successful development and implementation of a blockchain-based system for handling aviation refueling. In a press release on Gazprom’s official website, it was revealed that the Aviation Fuel Smart Contract (AFSC) system has improved the speed and efficiency of two-way settlements in the highly precise and time-sensitive activity of aviation refueling. It has also effectively automated the process of planning and accounting for aviation fuel supplies. How it Works Information released to the media states that with the new…