The International Blockchain Registry of Mobile Assets

This article proposes the use of an international blockchain registry of mobile assets to better support the authentication for the International Registry (IR). The IR, established by the Convention on International Interests in Mobile Equipment, Cape Town (2001), supports the efficient financing and leasing of mobile equipment including certain aircraft, rail, and space assets. Current, the IR can be searched online by those seeking current registrations, entities, or contracting States. Entities wishing to register on the IR must apply to the website. The author of this article proposes the use of a blockchain registry system, specifically a “permissioned” variant of the Etherum blockchain that uses a non-fungible ERC721 standard to digitally tokenize each registered asset. This approach would support a more efficient, error-resistant, and secure mechanism of authentication and registry for the IR. The author assures readers that this strategy would not affect the Supervisory Authority’s approval process or confidentiality protocols.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/19347170
• Authors:
  • Dylus, Erich P
• Publication Date: 2018

Language

• English

Media Info

• Media Type: Print
• Features: References;
• Pagination: pp 205-212
• Serial:
  • Issues in Aviation Law and Policy
  • Volume: 18
  • Issue Number: 1
  • Publisher: International Aviation Law Institute
  • ISSN: 1934-7170
  • Serial URL: https://las.depaul.edu/centers-and-institutes/chaddick-institute-for-metropolitan-development/research-and-publications/Pages/issues-aviation-law-policy.aspx

Subject/Index Terms

• TRT Terms: Asset management; Assets; Blockchains; Databases; Equipment; International; Privacy; Registrations
• Identifier Terms: Convention on International Interests in Mobile Equipment
• Subject Areas: Administration and Management; Aviation; Operations and Traffic Management; Railroads;

Filing Info

• Accession Number: 01708074
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 19 2019 11:05AM