SKYFchain: Reducing Labour costs in the Drone industry through unmanned logistics
What is Skyfchain?
SKYFChain is a platform that would unite all the participants of the market. It provides a perfectly clear system of registration of all the processes occurring to a drone during its life-cycle. The system is equally accessible for businesses, financial, controlling and governmental institutions, and of course the robots themselves.
At the moment, all the processes in the branch are done by humans. On SKYFChain, it will be fully automated. The platform will allow following literally every event in a drone’s life as registered automatically: production, maintenance, application opportunities, routes, operations. Basically, this means running whole missions by unmanned vehicles right from a laptop — how amazing is that?
SKYFChain will allow to decrease the costs in the industry and reduce the risks it faces now. Operations will become more transparent, more safe, more efficient, and much quicker. This is exactly what businesses are waiting for. By the same token, authorities, insurance companies, and financial organizations are interested in SKYFChain to the same extent: the transition to it will make operations control much easier.
The pre-ICO of SKYFT tokens that began on the 1st of March has already reached the goal set. There is obviously much interest in the project and investors are ready to become the ambassadors of the SKYFChain and spread a word about it. This is not surprising: the appeal of blockchain is in the possibility to create decentralized and unchanged registers supported by many parties at a time, and this is exactly what the freight industry needs at the moment.
Since information on a blockchain platform cannot be hacked, damaged, or altered, the value of the information stored in the chain increases enormously.
The Market
1. The market for air-borne cargo robots (drones)
$127bn –that’s how much PWC estimated the total addressable value of drone powered solutions to be in all applicable industries. Exponential investments growth into the sector has already began. $100bn is the service market size for SKYF drone in agriculture, logistics, and infrastructure. During the first three years it is expected that SKYFchain would service clients of SKYF drones in these industries.
The value in $bn of drone-powered solutions in addressable industries globally
Despite high demand, none of the commercially available drone solutions fully satisfy the market needs.
Market expansion of SKYF drones would allow for development and testing of the SKYFchain platform before inviting other industry participants.
SKYF launch geography (dark grey areas on the map)
- Russia
- Kazakhstan
- Canada
- South America
- Northern Europe
SKYF expansion geography (medium grey areas on the map)
- Australia
- New Zealand
- USA
SKYF received letters of intent from several big oil & gas companies (NGK Slavneft, PAO SIBUR Holding) and agricultural industry (Syngenta AG, Avgust Crop Protection, Rusagro Group, Prodimex), willing to use the SKYF drone services.
2. Unmanned trucks, ships and cars
After the launch of air-borne drones, SKYFchain will invite other cargo robots, unmanned trucks, unmanned ships, and later unmanned passenger vehicles.
We are planning to invite air-borne drones from 2020 onwards, and sea-borne and ground-borne robots starting from 2022 onwards.
According to Abhimanyu Raheja, an analyst at BIS Research, "the overall number of automated vehicles is expected to reach more than 110 million by the end of 2026."
Exane BNP Paribas is giving lower, but also promising projections of 40 millions automated vehicles of all typesin 2026.
Benefits of the unmanned trucks
Proponents of automatedtrucks are talking about several useful features. They say that such trucks will be more efficient because they would not waste fuel by accelerating and braking as frequently as trucks driven manually by a human driver. Similarly, developers have plans to use truck platooning to save on fuel. Other benefits may include: increased safety and less stress for drivers during long-haul monotono us drives.
3. Drone-related VC deals
According to the CBInsights report “The State of Drone Technology” 1VC funds have recognized an opportunity in UC; the total disclosed VC capital raised for unmanned systems (drones) in the year 2016 increased by 123% to over $1,3bn.
Launching SKYFchain Blockchain
The road to testing and market deployment is already planned and well underway. The company has manufactured operational drones in the unmanned vehicle space. This allows it to deploy its own blockchain as the operational protocol for the fleet. The drones are now being employed in several key Russian business sectors including agriculture, oil and gas, mining and logistics. Russian Post is one of the company’s key partners already. This is a multi-billion dollar market opportunity in its own right, and one with fewer regulations than future planned international expansions including the EU and US.
SKYF offers many advantages for its participants
- Ability to take off and land vertically. The gasoline fan and its powerful engine allow it to carry large loads compared to similar types of helicopter drones.
- The plane can fly 350 kilometers at 70km / h. It is possible to carry 400 kg and can be used as a marching aircraft for monitoring, rescue, and fire suppression purposes.
- SKYF can fly for eight hours continuously.
- Labor costs are the highest cost consumers in the logistics industry. The robotless transport mechanism and robot will help cut operating costs by more than fifty percent
- This is a transparent and trusted platform that offers financing and asset insurance.
SKYF uses SKYF token (SKYFT) as their official currency in the platform. SKYFT is a cryptocurrency that will be accepted and used on the platform.
How It Works?
The blockchain platform SKYFchain will record all the important events happening to a cargo robot within the supply chain. Every record made will have an own cost (denominated in a traditional currency and depending on the frequency of the transaction and other factors).
The system will generate invoices for a client to pay in any suitable way. The money received by the system will then be automatically converted into SKYFT tokens, as the smart contract logic only recognizes tokens and not the traditional currencies. After the invoice is paid, the operations can be processed by the drones. The platform will be able to implement financial calculations and logistics schemes of any delicacy.
SKYFChain will make the interaction between operators and their customers significantly easier. Moreover, it will give the institutions involved (think of financial and governmental organizations) a perfect instrument to control the assets. As a result, the SKYFchain distribution system will unite all the participants of the market. The sustainable development of the SKYFchain will be insured by automatically transferring 25% of every token used in the system to the Development Fund.
On March 1, 2018, the pre-ICO of SKYFchain was launched. The platform released 1.2 billion SKYFT tokens at a price of 3.9 cents. It is already pretty clear that the investors love the idea of SKYFchain. And, this is exactly what SKYF was counting on: to see an enthusiastic response from the market and make sure the project will draw enough ambassadors to spread their ideas further.
How to participate in the ICO
- Step 1 : you need to access to this site : it is given in below informations
- Step 2 : You click to button " Get SKYFT Tokens "
- Step 3 : You sign up with you email and your password then click " continue "
- Step 4 : you fill your all information in detail like birthday , name , address , passport ID , Then save and wait them to accept you to be in whitelist .
SKYFchain ICO:
Date of ICO: 10-03-2018 to 15-06-2018
Token acronym: SKYFT
Price of token: 1 SKYFT = US$ 0.065
Bonus availability: Yes
Platform: Ethereum
Currencies accepted: ETH, BTC
Minimum investment: 3000 SKYFT
Soft cap: US$ 5 million
Hard cap: US$ 30 million
Fund allocation:
- Percentage of funds allotted for the developmental and research purposes is 45%
- Percentage of funds allotted for the corporate, business and operational purposes is 24%
- Percentage of funds allotted for the marketing purposes is 25%
- Percentage of funds allotted for the admin and legal purposes is 6%
Roadmap
Team Skyfchain
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