After spending some time writing about my findings when starting a drone business I have been starting. I realised I also needed a way to supplement this business as equipment can be costly as usual I searched the web and came across cryptocurrency. So again I searched the web to learn some more about blockchain and thought it was a good idea like many others out there. I can now see more and more people investing in this for so many different needs it’s brilliant. The IoT (internet of things) being a major part of the whole system. I have also travelled full circle as so far I can find a few companies using the blockchain to service the growing drone industry. Distributed sky based on the Ethererum blockchain wants to be able to create a global air traffic control. MOTA is another company who bought the rights to Lilly drone (Lilly drone started life as a crowdfunding project that raised over 30 million dollars that promised investors a drone, they basically closed their doors when they could not produce.) MOTA have an interest in the technology as they quite rightly think there is a huge amount of drones flying in the air at one time and that no centralised place should exist. If there is ever a crash then the data should be visible to anyone.
Aero Token is a start up ICO who believe there should be a system in place to allow drone users to request permissions to fly legally at lower altitudes over private land therefore the landowner being able to set up fees for the privilege. Being a drone user this could be costly but could also be very beneficial if an accident was to occur the landowner has no way of denying the flight should never have taken place.
I believe another large American store are also interest in the combination of drone and blockchain technology to perform deliveries and track the parcels while being dropped off to their location all being monitored on the blockchain. Times are moving forward in both the drone and blockchain technology and it’s great to see the two crossing paths.
