Company • Founded in 1914 • Now a global provider of avionics, engines, systems, and service • Products and services touch virtually every aircraft in the world and in space • 2018 sales of $12.9 billion Goals • To create an Amazon-type marketplace for used aircraft parts • To cut purchasing time from days or weeks down to seconds • To connect each physical part to its digital pedigree Approach • Model the marketplace on popular e-commerce sites • Use blockchain to overcome the trust barrier • Choose an effective blockchain framework • Set high standards that encourage quick adoption • Provide a stream of new benefits Results • $4 million in sales in less than a year • More than 50 vendors with storefronts in the new marketplace • Purchase time reduced from days to minutes • Future boost

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