Why I'm bullish on Unmanned Cargo Drones - SKYFchain (SKYFT)

First, you should watch a little bit of this speaker's thoughts on the Third Industrial Revolution HERE. It's an informative video that applies for many cryptocurrencies that will be used in the future. He claims that transporation costs will decrease in the future. That's why I'm bullish on Cargo Drone.

What is SKYF?

SKYF is an unmanned aerial carrier platform for vertical take-off and landing. It allows the development of unmanned aerial vehicles of various modifications for the execution of various tasks – from cargo logistics and crop dusting to fire extinguishing. At the moment, the carrying capacity of the platform is up to 250 kg, its flight range is up to 350 km (with a carrying capacity of 50 kg) and its flight duration is up to 8 hours (with a carrying capacity of 50 kg). SKYF is also the world's first cargo robots manufacturer.

How would SKYF be used?

1. Aerial application of chemicals - use of pesticides, fertilizers, pest control, organic fertilizers, etc.
2. Precipitation management - Precipitation management in summer and winter (accumulation of snow in fields, decrease of snow in cities), fire prevention and extinguishing
3. Forestry - Fast planting of seedlings in biodegradable capsules for the restoration of large forest areas after deforestation, fires, etc.
4. Logistics in oil and gas - Delivery of goods weighing 50-100 kg (food, spare parts, measuring equipment).
5. Postal Logistics - Delivery of goods weighing 20-100 kg (individual or assembled) from the terminal logistics centers to hard-to-reach residential areas
6. Marine Logistics - Delivery of medium-sized cargo (spare parts, mail, etc.) to ships at sea or on the move (makes it possible to significantly save time and fuel)
7. Geodetic works - Remote sensing with the use of professional lidars of the terrain (weighing 30-50 kg) e.g., for the construction of power lines, roads, and pipelines
8. Defectoscopy of hard-to-reach infrastructure using equipment weighing 30-50 kg
9. Emergency Situations - Delivery of food, rescue equipment and medicine to natural disaster locations, evacuation of the injured in distress at sea

What is SKYFchain?

SKYFchain is an unmanned logistics operating platform for clients of the SKYF drone. SKYFchain is the first blockchain basedB2R (Business-to-Robots) Operating Platform. Meaning, a client will pay SKYFT in order to use an unmanned aerial vehicle in order to complete various tasks.

Why the SKYFchain?

Many cryptocurrencies DO NOT need a token or blockchain technology. SKYFchain aims to solve many problems in the current drone market. Universal operating systems do not exist for the drone market. There isn't a system where customers can check the technical condition of drones and other safety indications. Meaning, there's a lack of transparency. Now you understand why drone flight has many restrictions and limitations in many countries.

Insurance problems are common because of the many stakeholders during drone operation. There's the drone manufacturer, the drone operator company, the drone pilot, the drone service company, the customer, civilians, etc. If all the data is stored on the block chain and then can be given to an insurance company, the risks become transparent and can be assessed quicker. The insurance payment would decrease and would be quicker.

The blockchain will be based on two conceopts:

1.SKYFchain blockchain itself -private permissioned blockchain customized for the most effective usage in the industry;
2.Ethereum ERC-20 SKYFT tokens-based perimeter of public blockchainfor processing and settling SKYFT tokens transactions and communicating them back and forth with SKYFchain.

How much will SKYFchain make a difference?

Unmanned Logistics will eliminate labor costs and save up to 50%by 2020. Customers worldwide can have a universal platform for the use of unmanned cargo drones. According to PwC, they've addressed the market size for airborne drones to be $127 Billion. If customers in the oil and gas industry switch from healicopters to cargo drones, they can reduce costs from 5 to 10 times. The increased affordability of good and services because of this reduced cost in transportation will benefit the society as a whole.

Why invest in the SKYFTchain ICO?

As more and more companies, clients, financial instituions adopt the use of SKYFchain, the amount of transactions on the SKYFchain will increase and so will the demand. It's your judgement to whether or not there will be an increase of usage in this field. For every SKYFchain transaction whether it’s getting loan to buy unmanned vehicle, client payment or something else SKYFchain will charge some commission. 25%of commissions will go to SKYFT holders. For those in the US that couldn't invest in other ICOs that prohibited US residents, SKYFT tokens are compliant with SEC of USA and available for US investors. 20% of revenues from the sale of SKYF drones will be used to purchase around $50 million SKYFT tokens in the next 3-5 years.

Where to find more information of SKYFchain

Official Website: https://www.skyfchain.io/
Whitepaper: https://fpivc.box.com/v/SKYFchainWhitePaper
Telegram: https://t.me/SKYFchain
Medium: https://medium.com/@SKYFchain
Twitter: https://twitter.com/SKYFchain
Facebook: https://www.facebook.com/SKYFchain-2030350540582744/

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