Have you known a blockchain system that gives Business to Robotics operation? This isa about it. Blockchain technology is a unique opportunity to set up unmanned aircraft operating platforms and SKYFchain is the First Industry to use Blockchain Technology for Business-to-Robots (B2R) operations. They aim to set standards for new inroboticdeliveryinareas such as financing, manufacturing, operation, maintenance, insurance, and authorization of unmanned and robotic aircraft, on land and at sea. SKYFchain is an open blockchain platform for keeping records of all the key events occuring with cargo robots and their interactions in the supply chain. Each transaction is recorded on the platform. Each record has an own cost depending on the type, frequency and complexity of transactions and is denominated in a traditional currency. All calculations within SKYFchain will be processed in SKYFT tokens, as required by the smart contract logic. Since the number of participants and the number of transactions in the platform will constantly be increasing, while the number of the tokens is fixed, the cost of the SKYFT token will be increasing as well. SKYFT tokens will be freely quoted on the main cryptocurrency exchanges. Next to that, the SKYFT tokens holders will receive their share of the cost of every transaction made within the SKYFchain platform.Traditional cargo logistics is one of the most complex industries. It is extremely dependent on the human factor; a lot of manual labor is used in the transportation process. In order to continue their expansion, companies will have to change the freight industry itself. Further optimization of the market of traditional logistics is simply impossible. Most of the proposed iterations make it possible to reduce only tenths, and sometimes even hundredths of percent of costs, or barely slightly reduce the time spent on delivery. The future of the industry is unmanned cargo logistics. Such market giants as Google and Amazon have already begun to test using UAVs for small parcels delivery, and UGVs for the service of the warehouse complexes. The actual system is not transparent enough. It includes dozens of mediators, and the number of their interactions with each other within a delivery can sometimes exceed a hundred or even a few hundreds. Blockchain can help solving this problem. Blockchain can help solving this problem. The technology will naturally fit into the logistics market and will make it more efficient in the very near future. Furthermore, blockchain is necessary for the full implementation of unmanned delivery, whether it is to be done by drones or car wagons.
How is SKYFchain(SKYFT) unique?
Long flight time, heavy carrying capacity, and ease of production separate SKYF from any other commercial drone on the market. Only SKYF combines a gas engine for lift and smaller electric propellers for control. Two large (2.8m) propellers connect to an internal combustion engine to provide powerful lift and long flight time. Eight smaller electric engines provide control. SKYF can carry a max load of 250kg (550 lb) up to 3 hours. It can carry 50kg up to 8 hours with a 350km (220 miles) range. No other drone on the market comes close to this performance.
About the Drone
Drone
The technological context, it's an unmanned aerial vehicle. UAVs can be remotely controlled, and can fly autonomously with the built-in software (flight plan), working in close connection with on-board sensors and GPS systems. In recent past, unmanned aerial vehicles had exclusively military applications, where they were originally used to destroy aerial targets and collect intelligence information. Now drones have been widely used, ranging from search and rescue operations, surveillance, weather monitoring, traffic, fire extinguishing, for personal purposes, business with an emphasis on photo and video shooting, in agriculture and even in cargo delivery services. First unmanned aerial vehicle was realized in 1935 using the example of the full-size biplane De Havilland DH82B "Queen Bee". It was equipped with a radio receiver and a control servo located in the back seat. Later it was used as a live target for training firing from anti-aircraft installations with the goal of training artillerymen. In total, 380 De Havilland DH82B "Queen Bee" aircraft were built. The term "drone" was born thanks to this historic event. Integration of unmanned aerial vehicles and the Internet has made it possible to use drones everywhere in enterprises. Drones operate on IoT terrestrial sensor networks, help agricultural companies monitor lands and crops, energy companies use drones to inspect power lines and related equipment. Great demand for commercial and private drones also caused a number of problems related to safety, regarding the consequences of collisions and loss of control. In this regard, many countries at the legislative level have introduced a number of amendments to the air code. There were no-fly zones.
SKYFchain OP business model
The main purpose of the SKYFchain OPis to integrate information for all market participants and organize the execution of smart-contracts for transactions. Transactions may vary in value and frequency. The platform will collect commissions from each transaction.All transactions will be paid in USDor other fiat currency but executed in system using the SKYFT tokens. SKYFT token will be the internal currency of the platform. Only 1.2 bntokens will be issued at ICO in form of Ethereum ERC20 tokens. This is fixed amount for all system. We are going to test the platform using SKYF drones, then we shall educate drone producers and integrate other drones into the system. When sea-borne and ground-borne cargo robots come into the market, we shall integrate them as well by organizing workshops with respective associations of producers.
The Team
Alexander Timofeev(CEO)
Moscow Institute of Physics and Technology Latvian State University in Physics Founder and CEO, Microbor-Nanotech Founder and CEO, InvestKinoProject Founder and Managing Partner, FPI innovation fund.
Maxim Khabur(CMO)
Marketing Director. FPI Partners Managing Director. Young & Rubican Group Managing Director. Added Value Senior Marketing Manager.
Valery Krivenko
The managing Partner at Bright Capital Head of High Tech Inv estments, ONEXIM Group. McKinsey & Company, Roland Berger Strategy Consultants and all.
The Conclusion
Blockchain technology is a unique opportunity to setup the drone cargo-operating platformSKYF is the world’s first industrial grade heavy cargo drone. We partner with our current clients in oil&gas, agriculture and logistics to make SKYFchain reliable and easy to integrate into today's supply-chain 20% of revenue for the first 1000 drones sold will be used to buy back SKYFT tokens (the equivalent of $50-70M) and fund the development of the SKYFchain Operating Platform SKYFchain has exclusive rights for mission planning, verification and operations support of SKYF drones,
Official Links for More Details
Website : http://www.skyfchain.io/
Whitepaper : https://fpivc.app.box.com/v/SKYFchainWhitePaper
ANN Thread : https://bitcointalk.org/index.php?topic=2799527
Telegram channel : https://t.me/SKYFchain
Facebook : https://www.facebook.com/SKYFchain-2030350540582744/
Twitter : https://twitter.com/SKYFchain
My bitcointalk,
Name : rathnayake
Bitcointalk link : https://bitcointalk.org/index.php?action=profile;u=1503176
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