A Slovakian startup is poised to make its mark in the local aerospace and defense industries while also serving as a blockchain evangelist, 3IPK cofounder and CEO Maria Capova believes.
3IPK is a developer of blockchain-based digital solutions
automating certification, supply chain, maintenance and program management
processes for aerospace, automotive, defense and nuclear sectors. Based in
Bratislava, her company recently celebrated a significant achievement when it
became the first blockchain technology company accepted for membership in the
Security and Defense Industry Association of the Slovak Republic.
Ms. Capova began her career in the corporate world but soon decided she liked the challenge of building a startup. She had a colleague with an idea for the aerospace sector and together they partnered with DECENT, a fellow Slovakian company. Developers of the blockchain protocol DCore, a platform allowing users to create or migrate applications into a blockchain environment, DECENT has expanded to locations across Asia as well as Europe and the United States.
“We met the DECENT guys and partnered with them as they saw
big potential in using blockchain technology,” Ms. Capova said. “Once they
explained the features and advantages of blockchain we saw its potential.”
The DECENT partnership yielded other advantages, she added.
Their blockchain is easier to modify so it meets the needs of individual
3IPK works with aerospace companies through a series of
steps beginning with simplifying and securing the capture of design data
approvals which reduce the cost of certification. Smart contracts are deployed
to automate contractual terms and execution and introduce trust.
Blockchain technology can make significant contributions to
defense and aerospace by making processes efficient and more transparent, Ms.
“The big issues with the supply chain are that it’s deep and
global, so it’s hard to track data across the whole supply chain. Now you can
track data and build trust and transparency.”
With immutable data stored in the blockchain forever,
parties can track back if there is trouble with a part to learn who approved
the data and when. Each step is time stamped and everyone knows who is
responsible for delivery. Counterfeiting is prevented via detailed part
provenance. Smart contracts automate contract execution in compliance with
An important feature 3IPK offers their clients is the
ability to improve the certification process. Every part’s certification and
approval status can be verified in real time, and those parts can come with a
100 percent originality assurance through a unique fingerprinting
identification system based on Smart Dust, Ms. Capova said. It combines
approvals and other verified information in a blockchain and matches it with
ongoing work to keep a current record of different components. The information
is distributed in a decentralized method, but in a different sequence each time
so hackers cannot detect an exploitable pattern.
Privacy is crucial to this industry and blockchain technology
can assist by certifying participants so only those with permission can access
specific documents, Ms. Capova explained.
“If documents are for government purposes they need access
to data limited for security reasons,” Ms. Capova said.
She’s excited about the opportunities coming with 3IPK’s
membership in the Security and Defense Industry Association of the Slovak
Republic. Even though Eastern Europe boasts a very strong technology community,
government awareness of blockchain technology in the Slovak Republic is limited
to Bitcoin, which has a checkered reputation.
“They don’t see or understand the technology behind
blockchain and they don’t see the potential it has,” Ms. Capova said.
This is a golden opportunity for 3IPK to tout blockchain
technology’s benefits to the Slovak Republic’s top aerospace companies and
government officials at a crucial stage in 3IPK’s development, Ms. Capova said.
“It’s a big opportunity for us as a startup company to get
in the network of Slovak companies that work in the defense industry,” Ms.
The safety offered by blockchain technology is attractive to
the defense industry where security is paramount, Ms. Capova said. Fighter jets
and drones will communicate with each other via satellite and their systems
will exchange valuable data.
“The security of data is going to be important,” Ms. Capova
concluded. “We see a big opportunity for blockchain in this industry.”
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