AKC just finished the development of the new blockchain technology named Asterion Blockchain.
ASTERION Blockchain is a new technology dedicated to support the growth of maintenance spare parts by allowing the manufacturers to be connected to an exclusive shard database to provide or receive all type of spare parts in a very efficient way.
Asterion is a permissioned blockchain consisting of three layers: a distributed ledger layer, a validation layer, and a bridge layer.
Process in Asterion is using 3 layers of security
Preventing Airlines and MRO to receive counterfeit spare parts and also to register their actual parts (refurbished in the aftermarket, etc..)
Asterionallow also the users to be part of a secure mechanism for maintenance, recording, and all of these services are provided in the triple play system provided to MRO, Airlines Operators etc…
The distributed ledger layer is a place in which data used in the blockchain are separately stored, and only data of transactions agreed to in the validation layer are processed.
Distributed ledger data can be added through transactions. The validation layer is where a transaction is executed and verified; this layer includes an EVM that runs the smart contract. The validation layer has a transaction scheduling function, which has a significant impact on the performance and scalability of Asterion.
The bridge layer is used to securely import data needed by an on-chain smart contract within the blockchain in cooperation with an off-chain. In the bridge layer, nodes naturally exist on- chain and off-chain, and an E-Protocol that implements can encryption technique called Elliptic Curve Cryptography –Threshold Cryptography (ECC-TC) is used for reliable communication between these nodes.
Asterionis a unique technology developed for AMAC and the Aeronautical industry, Asterionis using a Radix Merkle Tree to store a current state of the blockchain. Validator nodes that check conformity of blocks all contain Radix Merkle Tree.
Radix Merkle Tree displays some data with optimal space. If there is only one child node, it unites the nodes into one, so it can effectively use memory.
In a leaf node of the Radix Merkle Tree, a node address is included, and thus it is possible to identify a sibling or a parent of the node by the node address value.
A validator node examines a node address included in a transaction within a block and a batch to verify the transaction.
To support Asterion, AMAC has signed an agreement to develop a new Quantum Data Center capable to handle multiple transactions all over the world, Malaysia will be first global and international gateway and electronic hub for aeronautical business (the entire world will transit by Malaysia).
The quantum data center will handle security, validation, localization, registering, licensing, decommissioning, etc.. For all the worldwide MRO’s.
It’s a unique opportunity for Malaysia to be the number One !