Honeywell presented it GoDirect Trade platform thatćs based blockchain technology and has the goal to provide a unique online E-commerce market for new and used airplane parts. As the company representatives claim, this is a pioneer product on the market that has to goal to simplify the market and give better communication between consumers and providers.
https://www.aerospace-technology.com/news/honeywell-develops-blockchain-platform/
I read the article and several others by an internet search and don't see any downside to the new process to buy parts. If it makes it easier for the customer to get what they need to keep their plane in the air it sounds like a good idea.
Hmmm....Blockchain. Sounds like an HR policy directive name. And not one you'd like. "your all chained to block 9" for example.
What this is probably about is making sure the Honeywell customer base is covered via an internal "Ebay", to make up for the company's phasing out of caring anything about customers after they've bought a product. Let the "free market" provide the solution. While making commission off the sales. LOL