SKYFCHAIN: A BLOCKCHAIN BASED BUSINESS FOR UNMANNED CARGO

ifykiki (43)in #blockchain • 6 years ago (edited)

Cargo has emerged as a very strong pillar and lifeblood of the global economy. It was generally known in time past as transportation by sea, but now it covers both air and land. Research has shown that about 60% of the global economy is done through cargo. However, it is being plagued by low impact of technology. The low impact of technology on cargo industries has greatly diminished its efficiency. Other problems like security threats, unfavourable regulations., high cost of insurance, and others are also affecting it. There is a need for development and exploration of the cargo system. This is exactly the motive for the inception of SKYFchain.

SKYFchain is a blockchain- driven platform designed for the exploration of cargo transportation. It aims to reform the cargo transportation by incorporating it with robotics technology, resulting into an unmanned cargo system. It is the first globally operating platform for cargo robot. The cargo robots will be able to carry out their task in water, air and Land. There has been many complains on late and inefficient deliveries, but with drones, deliveries will be at a very high speed, efficient and lower cost.
SKYF is also the world's first platform for unmanned air cargo. It offers solution to the problem of multi- copter scalability through the invention of a new aerodynamic design.

The inception of SYKF airborne drones with gasoline engines give solution to the technical issues and short flight range of the existing drones. It has an algorithm-based autopilot control system which ensures safety during operations and in any case of malfunction or abnormal situations.
Talking about the issue of security threats and unreliable operational platforms, SKYF offers a reliable and transparent operating platform which give financing and insurance companies a direct control over their assets.
Some of the inventions of SKYF are:

Air-borne cargo robots
Unmanned trucks, ships and cars.
Drone- related VC

Cargo is facing the problem of high cost of transaction which is to some extent due to the ratio of labour to other factors; research has shown that labour occupied 50% of the logistics supply chain. Drones are capable of performing various tasks thereby replacing humans and perform the task with maximum accuracy and at lower cost.

In addition to cargo, SKYF drones can also perform diverse functions in various sectors. These include;

AGRICULTURE: this is the sector with the highest consumption rate and need to improve its productivity. SKYF drones can desegregate all the planting, growing and harvesting procedures, reducing risk of production in the industry. They are also capable of detecting crop diseases and spray accurately with the right chemicals.

INFRASTRUCTURE COMPANIES: they have the capability of providing significant information for every of the construction process. They can also be used for a quick survey of the construction sites; meaning that they are capable of detecting any problem or misappropriation on the sites. They can perform hazardous tasks thereby reducing the risk of injury and death.

MEDICAL SEGMENT

MINNINIG, and lot more.

SKYF has an internal currency system called SKYFT token which is issued through ICO. It is used for all transactions on the platform.