Blockaviation ltd. is an Irish smart contract startup based in Dublin. Our area of focus is developing a platform of Aircraft Asset Managers. In 2018 we took part in the Shannon Accelerator program, which is sponsored by Boeing, Datalex, Enterprise Ireland and the Irish Aviation Authority. The aviation world is replete with proprietary systems and documentation methods. The information stored is vitally important to ensure passenger safety and that the value of the asset is protected. It is managed in silos and is not simultaneously transparent to all stakeholders in the value chain. Blockaviation is leveraging emerging smart contract technology, to move this information to a shared platform. This information will be shared amongst all relevant stake holders in an immutably reliable way. Blockaviation has been investigating this problem and the applicability of emerging technology to address this since August 2017. We have identified a technology platform and have built the technology foundations of the platform. We have structured deliverable roadmap with the ultimate solution being a shared information platform which can enable true "power by hour leases". We envision all actors on an interdependent information network, which will allow new asset back finance trade opportunities and insurance contract profiles. This has the potential to revolutionize the industry.