K SYS 1: A Decentralized and AS/EN 9100 Compliant Quality Management System for the Aerospace Industry
K SYS (K Systems) are a set of DApps that live on the Ethereum blockchain. The first of them, K SYS 1, is a production & quality tracking DApp for the aero spatial industry. It is a decentralized application that can be used to version, store, secure, certify and track all the data regarding the industrial production of an aircraft or a satellite module. Forever.
K SYS 1’s implementation of the standards AS/EN 9100 is achieved using multiple Smart Contracts that are linked to each other and that use the only decentralized consensus algorithm capable of meeting the performance requirements of applications on the blockchain, Delegated Proof of Stake (DPOS).
K SYS 1 uses the KSYS ERC20 token to reward the suppliers that have submitted the parts, and/or the documents required by the project, and uses IPFS to store the actual data (transport documents, drawings, emails, CAD files, invoices, CAM part programs etc.), it has a penalty system for the suppliers whom do not deliver on time or at the required quality level.
K SYS 1 is based upon:
- The ETHEREUM blockchain
- The «Inter Planetary File System» (IPFS)