The global logistics industry is continuously evolving but there are still some flaws in the industry which can only be solved by switching to the services carried out by unmanned robots. In traditional logistics services labor charges count for the major cost which can be cut dramatically by switching to unmanned logistics. Cargo handled by unmanned robots on the ground or in the air even at the sea would reduce the operational cost by a big margin and will also increase the efficiency for customers all over the world.

Recent studies have suggested that the market size for airborne drones alone is close to $127 billion but the industry is facing so many hurdles right now which do not allow the industry to perform at its full potential. These hurdles include lack of stable credit, high insurance cost and strict regulations in some countries which almost prohibit the use of airborne robotic services. At the moment this industry is in its very initial stage, big corporations are just testing this technology for feasibility purposes.

SKYFchain Operating Platform (SKYFchain OP):

SKYFchain OP is the latest innovation in the robotic logistics industry. This is the very first B2R (business-to-robots) blockchain enabled operating platform that is applicable globally and encompasses all segments of cargo robotics industry.

In the initial phase it will be developed and then tested by SKYF drone, which will be the very first cargo airborne robot. SKYFchain will also get an access to the client base of SKYF drone which will be very useful in the development of future unmanned business procedures. At a later stage all kinds of unmanned cargo systems, airborne, at the sea or on the ground will be connected to SKYFchain.

Blockchain based SKYFchain comes with built-in smart contracts that will provide an access to authentic data source and a transparent control over the robotic assets for all stake holders including cargo operators, insurance and leasing companies, banks and the regional authorities all over the world. It will further open new venues of profitable and long-lasting business opportunities for all industry sectors. It will provide a transportation system which will have very low risk for the society and will also reduce the operational costs substantially that will in turn increase the affordability of goods and services.

SKYFchain will issue SKYFT tokens which will be used in the platform for all kinds of internal transactions. The value of SKYFT is expected to increase tremendously over time because of two main reasons which are as below,

1. Over the course of time many new companies including big financial corporations are expected to connect with SKYFchain that will ultimately help the growth of transactions on SKYFchain and demand of SKYFT.

2. For all sorts of transactions on SKYFchain whether it is getting loan for the purchase of an unmanned logistics vehicle, customer payment or anything else, a certain commission will be charged by SKYFchain, out of which 25% will be transferred to SKYFT holders.

Global drone market lacks a universal operating system, the stake holders have no access to any system to verify the technical condition of the drones. For this reason, the authorities have put restrictions on drone operated logistics services. Blockchain technology provides complete transparency and enables all stake holders including regional authorities to track the technical history of drones in real-time. This transparency will boost the credibility of unmanned robotic logistics services worldwide.

Company

SKYFchain
Website: https://www.skyfchain.io/
Whitepaper: https://fpivc.box.com/v/SKYFchainWhitePaper
Bitcointalk thread: https://bitcointalk.org/index.php?topic=2799527.0
Telegram: https://t.me/SKYFchain
Twitter: https://twitter.com/SKYFchain

Proof of work: https://bitcointalk.org/index.php?action=profile;u=1887821