Over the years there has been an improvement in the supply chain business, especially with the manufacturers, and this is due to the implementation of improved technology in their methods. However, as technologically advanced as the process may seem, there is still the big issue of logistics. There is an ever-increasing demand for goods from different parts of the world, and this high demand rate is due to the fact that human population is constantly increasing at an exponential rate. One major problem affecting the supply chain is the effective transportation and delivery of these goods. Every production line which has to transport its goods to different parts of the world usually have to pay a lot of money to the different personnel whose job it is to transport these goods.
Cargo logistics has always been a big problem, which is as a result of its total dependence on humans for its facilitation, and apart from being very expensive, there is also the possibility of a high rate of human-related errors, like damage to goods as a result of careless handling and negligence, among others.
Robotics Handling Cargo Transportation and Delivery
This is a blockchain designed finance tool to be utilized in the cargo industry; this is a platform like no other, as it functions as a database and finance option for unmanned vehicles that transport cargo. This financial tool called SKYFchain enables the unhindered flow of transactions on the platform with the aid of digital currencies.
With this system, financial institutions and individuals will have access to data, and with the aid of smart contracts, will have total control of their assets. SKYFchain intends to be the key to unlocking the financing needed in the cargo industry, especially with regards to the use of robots for logistics.
SKYF Drone and Operations
The SKYF Drone is the first drone in the world created to lift heavy cargo, and is also the first drone for lifting cargo that can perform vertical takeoffs and landings. This drone can be adapted for different causes including emergency relief drops, logistics, and agriculture. The drone is powerful enough to transport cargo that weighs as much as 400kg and can fly distances of about 350km. There is no doubt about the versatility of the equipment.
The platform will be used for the storage and verification of every data that is related to the operations of the drone, and this will be as a result of the availability of the distributed ledger. The ledger will contain credible information about the drone, including the maintenance history, drone specifications, data about its license for operations, routes, plan, etc. In order to ensure there is a 100% compliance, the ledger will function as a means for verifying the details about a drop.
The platform will function using the SKYFT utility token, and there are benefits for people who participate in the crowdsale. The future of cargo logistics is unmanned vehicle cargo transportation, and SKYFChain is making it possible.