Gazpromneft-Aero uses blockchain to automate air stations – Bits Media

Gazpromneft-Aero, subsidiary of Gazprom Neft, announced the launch of the blockchain-based Smart Fuel platform. It is designed to automate air stations.

The new platform has already been used in more 100 regular flights of the Russian budget Airlines Smartavia. Raiffeisenbank became a participant in the pilot project. The platform is integrated with the payment services of Raiffeisenbank and the ERP Smartavia system. The service operates on the Blockchain Hyperledger Fabric, And for automation and acceleration of payments processing, smart contracts are used.

According to the leadership of Gazpromneft Aero, The system is able to process payments in a few seconds, Whereas the processing of traditional payment transactions takes up to five days. Now, Thanks to the blockchain, The workflow from the moment the aircraft arrives to complete calculation has decreased to 30 minutes, Moreover, payment is made for 15 seconds. Smart Fuel project manager Dmitry Makarov explained, that usually the air recovery process implies a large amount of documentation and entails excessive expenses. The exact volume of fuel, necessary for the flight, It is impossible to foresee in advance. Therefore, airlines are forced to overpay suppliers, so that the aircraft is enough fuel.

Using the Smart Fuel platform, Pilots provide current data before refueling the aircraft, and then reserve the desired volume of fuel. A certain amount is written off from the airline account, And after that, refueling occurs. Makarov said, that Smart Fuel guarantees data security, provides maximum transparency for all participants in transactions and increases the effectiveness of mutual settlements. The test of the platform lasted from September to December 2020 of the year. Given the successful testing of the platform, Smartavia will also use this solution to refuel aircraft in the future.

“Organizations make a large number of payments daily, And the blockchain will help to automate many business processes. Innovations simplify the lives of customers, Therefore, the demand for such decisions will constantly grow ", – Said the head of the Office for Large Companies of Raiffeisenbank Dmitry Medon.

Director of the Center for Technological Research and Development of Raiffeisenbank Yevgeny Ovchinnikova added, that using this platform based on blockchain, Its users can continue to work in any convenient ERP system, without studying new programs.

“We are proud of that, that became one of the first banks, who helped the leader in the air station market automatically automatically calculations for fuel using blockchain technology, - said Ovchinnikova.

Gazpromneft-Aero has already created solutions for refueling aircraft based on blockchain. IN 2018 For a year, this company, together with the Russian air carrier, S7 Airlines introduced a similar Aviation Fuel Smart Contracts project (Afs).