HOW MCFLY WILL DISRUPT AIR TAXI WITH THE USE OF BLOCKCHAIN TECHNOLOGY

in #blockchain6 years ago

Flying cars have been the anticipation of many people in different generations. Right from the ages of BCs and the Industrial Revolution .
Flying cars can't be talked about without briefly looking into the history of transportation.

Transportation is as old as man. Different generations used different modes of transportation in their era. Right from time humans have been transporting from one place to another through foot. Imagine travelling from Los Angeles to New York City.

Then transportation with animals ( such as donkeys, horses, and carmel was learnt around 4,000 BC to 3,000 BC.

In 3,500 BC, wheel was first introduced, and it was invented in Iraq, made from wood. Prior to the time, canoe was used for transportation on the sea, made from burning a log of wood and removing the burnt part and left with a hollow of wood in a canoe like shape.

In 3,100 BC, the sailing boat was invented by Egyptians ,while Romans built roads across in Europe.

John McAdams Loudon built the first modern road during the Industrial Revolution.

In 17th and 18th centuries many mode of transportations was invented, ranging from, trains, motor cars, bicycles, trucks, airplanes, boat (were built with internal combustion)

However all these mode of transportation were very expensive and rare. Only the rich and wealthy can afford it at the time. To make transportation available for the mass and cheaper, some companies introduced, ride-haling and ride-sharing .

Ride-hailing is a form of transportation wherein a passenger summon a car service through phone calls or through the company's app.

Rides haring is literally sharing a ride with another passenger.
Many transportation companies offer one of these services.

Here comes McFly project that combines both services (i.e ride-hailing and ride-sharing).

MCFLY PROJECT

McFly project is a platform that comprises of ten consortium companies that offer different services. Three of which manufacture flying cars; namely Bartini, Hepard and IAMAERO. Three blockchain developers, universa.io , Emercoin, and AIRA Labs. And battery and charging point manufacture, Farad.Energy . As well as drone employee which makes smart contract for auto-piloted drones.

All these make up the ten consortium companies that are developing the project; and it's open for many developers (like, flying car manufacturers, blockchain developers etc) to join the consortium companies to tokenize their products on McFly platform.

In McFly platform, only the transfer of McFly tokens to the vehicle's wallet will trigger the flight. One token for a minute's flight.

To ensure safety McFly platform, a flying car's lifetime is determined to receive a fixed number of token , after which the flying taxi will be restricted.

In ordering flying taxi, McFly will develop an app for ordering flight through phone.

McFly app is an app where passengers will request a flight, and it'll locate the nearest air taxi to offer this flight. The air taxi picks you up from the nearest pad to the nearest closest landing pad to your destination.

Blockchain.aero is the blockchain platform for flying cars, take off pads and charges. It enables owners (of a product) to lease out those products to consumers (passengers).
Blockchain tokens (McFly tokens) shall be used in all the transaction.
It could be gotten from the app, or swapped on exchange.

Transparency : Blockchain technology enables transparency and decentralization. The merchants market are monopolised by big corporations. The McFly project being built in blockchain enables everyone to be involved, from manufacturers, developers, pilots owner of take off pads and chargers .

It's so transparent that you can see how costs add up to comprise the end price.

The analysis of the price cost;

1 McFly token === A minute's flight

0.1 McFly token === charging station

0.4 McFly token === pilot

0.6 McFly token === landing pad

21 McFly token === Total price for ten minutes
flight.

Passengers who use McFly are going to get flight at cheaper and affordable prices.

McFly project is currently running an ICO (initial coin offering).

To contribute visit here;
https://mcfly.aero/token

To read more about their project, download their whitepaper here;
https://mcfly.aero/whitepaper.pdf
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