SKYF: A PLATFORM FOR DECENTRALIZED CARGO ROBOTICS

sebastianlbj (40)in #cryptocurrency • 6 years ago (edited)

The roles played by cargo industries in the global economy are relatively indispensable, it is a lifeblood for the global economy; meaning that the improvement of the global economy is to a reasonable extent dependent on the improvement of cargo industries. The cargo system is greatly in need of development to improve efficiency in services rendered . In addition, the cargo system is also experiencing limitations like lack of stable credit, high cost of insurance, and government regulations which are preventing the system from exhibiting its full potential. For the unveiling of new developments in the cargo system, SKYF chain platform was established.

SKYF chain is a blockchain-based platform designed to provide solutions to the limitations of the cargo system. It mainly aims to incorporate robotic technology into cargo system thereby switching it to an unmanned system. This will reduce the cost of supply line worldwide and also improve efficiency in services. This platform is the first blockchain based platform for the development of cargo robotics for industries. It is transparent and reliable; it offers financing and grant insurance companies a direct control of their assets.

Labour occupies about 50% of cost in production, contributing to high cost of production and transaction. Al, autopilots and some other developing fields of IOT can replace labour thereby enhancing huge savings in logistics. The platform designed an aerodynamic drone which will solve the problem of multi-aero scalability. The drone is less expensive and easy to operate. In addition to the airborne drones, SKYF chain is planing to also incorporate unmanned trucks, unmanned ships and unmanned passenger vehicles.

The platform reveals its various users to new profitable opportunities in business with lower risk and cost. The cargo robotics requires insurance, risk management and control, therefore SKF chain knowing how vulnerable online transactions are to risks has taken some measures to mollify the risks. Some of the measures are registration of SKYF chain with Estonia in which there is one of the most favourable regulations for blockchain based companies, compliance of SKYF tokens with the SEC of USA and more.

SKYF chain offers integration of information to all its participants and implementation of smart contracts for transaction. The SKYF drones are applicable in wide variety if industries ranging from agricultural firms, infrastructure companies, medical logistics, transport sector (especially food delivery), oil and gas companies, mining, security segment, to financial institutions, and lots more.

Drones have the potential of performing some hazardous tasks at certain height like fixing things on the wall, painting and window cleaning; replacing human and mollifying the risk of death and injury. They will also carry out task at higher efficiency.

SKYF also have an internal currency system. It is an utility token offered through ICO. It is used in exchange for transactions on the platform and it complies with the USA's SEC. The platform offers 25% of transaction fees to all its token holders, 25% goes for the development and expansion of the system, and the blockchain super-node holders will obtain 50% of transactions.

SKYFCHAIN TOKEN DETAILS AND ALLOCATION