Honeywell: “Corporate America Needs to Change Its Mindset”

Honeywell, a publicly traded company with an $80 billion market cap, previously announced a blockchain-based marketplace for airplane parts. According to a recent interview with BnC, they may soon begin recording your home’s carbon footprint on a blockchain ledger as well.

Lisa Butters, general manager of Honeywell’s GoDirect Trade platform, noted that the company took an unorthodox approach to the adoption of this complex technology.

Paradoxically, although Honeywell’s GoDirect Trade platform is built on a permissioned Fabric blockchain, “anyone with a Gmail account can sign up and purchase airplane parts”, confirmed Butters.

Since their initial announcement in December 2019, Honeywell has also been working with iTRACE on the authentication of “aerospace products via blockchain”.

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