Have you ever imagined a world where robots do the job rather than humans? Welcome to SKYFchain.
Industries, especially logistics have suffered a great fall, thanks to human failures. Either with customers not getting their goods delivered at the expected time, companies having issues getting their goods on board and many more that will be discussed later in the course.
SKYFchain, a spin-off of the successful SKYF drone (the world’s first heavy and industry cargo drone system) is introducing the first business-to-robots (B2R) operating system built on a trusted blockchain that is globally accessible in every area of a developing cargo robotic industry.
PwC over the years has recorded a total of $127 billion market size of just airborne drones. Limitations such as unsustainable credits, expensive insurance and strict regulations presently facing this company have restricted it from reaching maximum satisfaction and it is surprising to know that feasibility studies ran by new and existing corporations are the guides behind the operation of this industry.
SKYFchain runs an inbuilt smart contract in its blockchain system that makes available trusted data and has full control over unmanned assets for users such as logistic operations, companies, insurance, banks, individuals, and all types of industry. It guarantees profitable business opportunities with reduced risk and an increased affordability of goods and services. It is projected to experience rapid growth as it maintains its value through two main drives such as:
Consistent use of the platform by more companies, clients, and different financial establishments which automatically enhances the growth of SKYFchain and increases the demand for SKYF Tokens (SKYFT)
For every successful SKYFchain transaction, commissions on loans used in purchasing a vehicle or for client payment will be charged and 25% of this commissions will be given to SKYFT holders which makes it an ever-encouraging system
The main aim of the SKYFchain operating system is to make relevant information available to users and establish smart-contracts for every transaction which may definitely change depending on the value and frequency. As mentioned earlier, the platform looks at reducing costs in logistics by at least 50% and by doing this certain risks may set in that is why prior arrangements as seen below are already in place to address these risks.
SKYFchain is a legal entity under SKYF Drones Services OU where activities on the platform are all registered in Estonia (one of the best and updated regulations in the world for blockchain related networks)
Team members on this platform are experienced and trusted engineers, finance managers, business and technology experts with proven results
SKYFT tokens are approved by SEC of USA and accessible for US investors
SKYFchain operators have direct access to the successful SKYF Drone to test and carry out any activity on the platform
With the huge impact of SKYF Drone on SKYFchain, projects on the platform can be sustained as 20% revenues from sales made on the former to purchase tokens from the latter, protects the platform standards from falling
On SKYFchain, a user requests for a transaction and pays safely in fiat money and cryptocurrencies through a smart-contract. For token buyers at ICO, a secured strategy has been put in place using three (3) unique resources:
Exclusive Service of SKYF Drone: This system is capable of vertical take-off, landing and also useful for heavy items of 400kg/880lb with a flying range of about 350km/220miles. It is suitable for different markets and already possesses a huge client-base system that will help the growth of SKYFchain.
20% Revenues from SKYF Drone: This will be deducted from the first 1000 SKYF Drone reserved by a legal agreement to purchase SKYFT Tokens from the market. Tokens purchased through this system will be remitted to community development fund and used to reward stakeholders alongside operators.
Mission Planning: SKYFchain runs a unique private blockchain which is used in verifying activities supported by SKYF Drones.
SKYFchain MARKET
AIR-BORNE CARGO ROBOTS (Drones)
For the growth of the market, SKYF drones enable prospective users to test and confirm how successful SKYFchain is before inviting them to use the platform. In 2015, it took PwC $127 billion to globally make an addressable value of drone-powered solution available and with $100 billion service market size SKYFchain achieved this.
UNMANNED VEHICLES
After the introduction of airborne drones, SKYFchain plans on adopting other robot and unmanned vehicles such as cargos, ships, trucks, and so on. According to research, the total number of robot vehicles will exceed 110 million by 2026 to prove the unending growth and demand of the automated system.
DRONE-RELATED VC DEALS
Reports as it that in 2016, the total disclosed VC capital realised for automated systems went from 123% to more than $1.3 billion just after the state of drone technology VC funds got recognized in UC. It has been confirmed that the adoption of drones in this digital age is at a very high demand.
PROBLEMS FACING THE LOGISTIC INDUSTRY
Other issues facing this industry are as follow:
Lack of Transparency: It is discouraging that the drone market has no central operating system where clients can monitor technical conditions or confirm their safety in the market.
Technical Issue: Do you know there are dozens of toy-drones in the market, yet airports have huge manned helicopters? Sadly, scalability problem facing this system is still in view.
SOLUTIONS OF SKYFCHAIN OP
The platform through the following approaches addresses the above problems:
Transparency: It runs a transparent and reliable system where clients can confidently monitor their assets and the growth of the industry.
Gasoline Engine: SKYF drone uses a new aerodynamic design to solve the issue of multi-copter scalability. It is very easy to operate and cheap, unlike other existing solutions.
HOW IT WORKS ON SKYFchain OP
Below is a briefing on how the platform brings all it users together and how some of them save and access data on the system.
DEVELOPERS
OPERATORS/USERS
FINANCIAL MARKET
TOKEN
The SKYFchain token (SKYFT) will be issued in the form of an ERC20 token. It will serve as a multi-utility token that will be used to fuel the SKYFchain platform. Token holders will stand to benefit from the platform as 25% of all transaction goes to token holders.
Total token supply: 1,200,000,000
Platform: Ethereum
Token Symbol: SKYFT
Hard Cap: 30,000,000 USD
Current price: 1 SKYFT= 0.065 USD
Accepted currencies: ETH and BTC
Minimum investment: 3,000 SKYFT
The SKYFT is in compliance with the U.S. SEC.
FUNDS ALLOCATION
SKYFchain maintains a well-structured system for the use of funds recurred. The platform allocates 45% of its funds to research and development which comprises of salaries, contractors and general researches. While 25% is spent on marketing to help build a robust marketing system in different languages, then 24% goes to general operations to enhance the growth of the business through strategic partnerships and the remaining 6% is for legal and administrative purposes like IP security, accounting and the other running of the company.
TEAM
Kindly visit https://www.skyfchain.io/ for more information.
Whitepaper:https://fpivc.app.box.com/v/SKYFchainWhitePaper
ANN: https://bitcointalk.org/index.php?topic=2799527.msg28700556#msg28700556
Telegram: https://t.me/SKYFchain_chat
Writer: Sucre123456
Author's profile link: https://bitcointalk.org/index.php?
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