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SKYFchain – B2R Delivery Blockchain Platform

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Judging by how actively robots are being integrated into everyday life, the future has already come. While such spheres as surgery, manufacturing, and cleanings already reap multiple benefits from robotic assistance, in some areas, it’s not widespread though could have made a day-and-night difference. Transportation and delivery are not an exception: imagine how much money and effort autonomous cars and drones would save! Realizing the potential of artificial intelligence in shipping SKYFchain team has introduced a groundbreaking project.

But before we start, let’s observe the main problems faced by the industry of autonomous machines.

Autonomous Shipping: Underestimated and Underinvested?

Preferring traditional shipping options, some companies simply do not realize there is a less costly alternative – trust the task to artificial intelligence. In fact, unmanned shipping robots can be constructed to move freely in water and in the air, as well, – they are able of overcoming hundreds of miles without human assistance. Have you heard about an autonomous car driving people, or the first pizza delivery performed by a drone? This is only the tip of an iceberg. Delivery robots are capable of much, much more.

The air drones market cap has reached $127 bln already, but there are some limitations hindering industry development. These include:

  • Lack of credit. Yes, most companies do not trust their parcels to drones and robots. Since their construction and navigation system are far from perfect, they still tend to lose way or get damaged.
  • Expensive insurance, not mentioning a high cost of drones and robotic cars themselves.
  • Very strict regulations. Such countries as the USA, Canada, Australia and some EU regions have a law prohibiting the use of autonomous machines and drones for safety and privacy reasons.

Therefore, the industry is still at the initial stage of its development – studies are being conducted by startups and large companies.

SKYFchain is Here to Change it

SKYFchain is an exclusive blockchain project that serves as a B2R (Business-to-Robots) environment that will help companies organize and manage delivery thanks to the help of autonomous machines. This platform would be highly useful for a wide range of niche, including:

  1. Providers of delivery and transportation. The platform can be used by both carriers and their customers.
  2. Government authorities and analytics. The information concerning delivery operations will show governments that autonomous shipping is a perspective and promising sphere.
  3. Machine leasing and leasing. These tasks will be much easier and faster with a versatile platform.
  4. production and maintenance of autonomous machines.

With the help of blockchain and smart contracts, the project will provide users with a reliable data and full control over autonomous machines. The platform can be exploited by delivery companies, insurance agencies, banks, and vehicle producers. It can make such services as autonomous delivery less costly and much more available.

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What’s the Plan?

For you to understand the potential of SKYFchain, let’s see what they have already implemented, and what will be done in the following years. From 2014 to 2017, the team has been working on its proprietary SKYF drone: it has successfully passed aerodynamic tests, and now is able of flying 350 km (220 miles) with a maximum load of 400 kg. In 2018, SKYFchain infrastructure is being developed: the team is still working at the blockchain system, and cooperates with potential partners and customers, hardware producers, and so on.

In 2019, drone flights will be performed in CIS countries, Asian and African regions. In 2020, the project will start inviting air drones, and in 2020, sea and ground robots will be implemented.

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Financial Details

The blockchain-driven infrastructure implements SKYFT token for users to pay for the operations. Payments are to be performed in fiat currencies, and will be automatically converted into SKYFT for internal transactions.

In fact, the platform’s commission is 25%, which is high enough with regard to the amount of money paid by customers, insurance agencies, and service providers. Most probably, this is due to the fact that 1,200,000,000 tokens are to be emitted, and the team plans to buy all the tokens back, and 1 SKYFT is now worth around $0.065.

SKYFchain puts a heavy focus on robotic delivery, so this project should be interesting for leasing companies and those who plan to use autonomous delivery services (which won’t be introduced earlier than 2020).


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