SKYFchain (SKYFT)

The SKYFchain Operating Platform will provide a disruptive solution for switching global logistics industries to unmanned systems. As an independent blockchain-based Operating Platform open to all industry participants it will contain critical information for each stage of lifecycle of a cargo robot. The operations and access to clients of SKYF drone will be used to develop and test the SKYFchain. We aim to set the standards for the new industry in robotic delivery in areas such as
financing, manufacturing, operations, maintenance, insurance, and authorization of drones and robots in the air, on the ground and at the sea.

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What is SKYFchain

Unmanned cargo robots in the air, on the ground and at the sea can dramatically reduce cost of logistics worldwide and increase efficiency for industrial users and end customers.

While PwC have estimated addressable market size for airborne drones alone to be $127, the current industry limitations including lack of stable credit, costly insurance and near-prohibitive regulations in some countries do not allow it to realize its full potential. Currently, this industry exists in form of feasibility studies carried out by large corporations or startups.

Universal operating platform for the cargo robots does not exist.

SKYFchain Operating Platform (hereinafter SKYFchain OP) is the first B2R (business-to-robots) blockchain based operating platform applicable globally in all sectors of a developing cargo robotics industry. It will be initially developed and tested by using the first industrial cargo airborne robot – SKYF drone – which will also give SKYFchain instant access to its client base for development of unmanned business processes. Later all other unmanned cargo systems: in the air, on the ground and at the sea will be connected to SKYFchain.

The first feedback from our customers in oil and gas industry confirms that if they switch from helicopters to cargo drones they can supply their on-shore rigs with 5 to 10 times less cost.

SKYFchain as a blockchain with built-in smart contracts will provide trusted source of data and reasonable control over unmanned assets for clients, logistics operators, insurance and leasing companies, banks, and authorities worldwide.

It will unveil new profitable business opportunities for all industry participants, transportation system with lower risk for the society, and increased overall affordability of goods and services due to substantial cost cutting in the global supply chain.