AEROTOKEN: The Future of Drone Delivery Services and AERO Foundation

The crypto-monetary token distributed on the network of Ethereum is AEROTOKEN (AET). The price of today is $0,198307 AEROTOKEN (AET) at a volume of 24 hours trading of $784,54. In the last 24 hours, the price is up 58.9%. There are 140 1,000 coins in circulation and 500,000 coins in storage. The AEROTOKEN trading exchange is Mercatox, the most active one. Find AEROTOKEN's email and payments on network explorers, including etherscan.io and ethplorer.io. Further AEROTOKEN coin information can be found at https:/www.aerotoken.org

Wal-Mart Stores is a global supplier and distribution infrastructure with a rival nationwide capability, and not only one of the largest retailers and employers in the world. Wal-Mart Stores, Inc. He has previously served as Senior Associate General Counsel and E-Discovery Group Leader and Walmart technologist under Aaron Crews and is the Vice President for Text IQ Strategies. Aaron has a long history of using technology to address some of the world's most complex business and legal issues.

The largest online store in Iceland joined in 2016 in the capital, Reykjavik, with a drone company to begin the direct distribution of the products to its customers. In 2017, in Switzerland, a US corporation successfully launched and designed a fully autonomous drone delivery network to speed up health and blood supply delivery around hospitals. Likewise, there is a drone distribution program in Rwanda for the regional production of blood and vaccinations.

In comparison, JD.com, the Chinese e-commerce firm, develops 150 drone sites and has already run over 100 routes throughout the mainland this year. JD.com believes that its drone delivery operations would support the nation's population most significantly and will reduce freight transportation costs by 70%.

Access to private air space at low altitudes is not just a legal, but a constitutional issue in the United States.

There is a crucial legal issue as to why big e-commerce companies are currently not providing US customers with packages through drones. In the United States, drone operators need permission to fly over private property at low altitude, without infringing an eminent domain action.

As articulated by the Supreme Court, compelling access to and utilization of airspace via private property would be a form of taking that would exclude enjoyment, use, and control of one's property: US c. Causby, 328 US 256 (1946).

The FAA, its involvement, and continuing engagement in unmanned aircraft systems in various private/public collaborative drone projects seem favoured. FAA Administrator Michael Huerta has expressed the view that the FAA expects the majority of fundamental issues relating to drone services to be addressed by companies, rather than government regulators. "It will be done faster and more effectively than the regulations ever could by the FAA."

The blockchain is the transparent, decentralized textbook in its simplest form. This helps everyone to function from the same software, which enables everyone to communicate and take part in a complex system much more quickly.

For instance, you have to use an agent to advertise admission to a reservation and process payment by using a third party (of example, Uber or AirBnb), or you have to oversee the reservation and transaction (for instance, Craig's list). You have to hire a resource to advertise availability. So it's still a very burdensome system even in the best-case scenario that can clearly be described as non-trivial.

Conversely, in a blockchain economy based on peer-to-peer, all parties can access the blockchain directly to notify network participants, and stakeholders of their asset and service is available. Better yet, if properly done in a blockchain economy, the actual reservation and compensation for parties can be automated.

In order for drone-service vendors to travel directly to consumers, they will need the capacity to work over property owned by non-drone entities at low altitude. Commercial drone service providers, therefore, need a mechanism that allows any landlord over which they travel along a low-altitude flight route to be conveniently licensed.

AERO solves the necessary technical and legal elements needed to make approval for low-altitude drone flight over private property simple for property owners.

AERO provides property owners with a volunteer and relatively easy way to generate passive income while providing drone service providers with flight routes available.

Of interest, drone delivery is both cheaper and faster in a shocking way. Most people would be surprised to learn from the amazing cost savings. "Robot and drone would reduce delivery costs immediately to almost zero and allow much faster delivery times," according to the Deutsche Bank. "The last few miles from the distributor to the consumer were rapidly accelerated in the very short term. Therefore, drone delivery is not just practical; for the majority of products, it redefines standards and significantly reduces costs. 86 percent of packages are below 5 lbs, according to the New York Times. Yet current drone technology can be treated.

Fast, real-world technologies can have a profoundly positive social effect. For example, drones could serve to accommodate persons with limited mobility, elderly people, and improve consumer lives dependent on others such as family, caregiver, or traditional shipping for medicinal use. Pharmaceutical supplies to the consumer directly.