SKYFchain – Better Cargo Logistics Through Blockchain Technology
On March 10, the ICO of this working platform SKYFchain premiered. This is actually the very first B2R (Businesses-to-Robots) functioning platform for unmanned freight logistics of its type, depending on the blockchain engineering of smart contracts. The machine is currently available to all market participants also permits implementing irrigation schemes and monetary calculations of any sophistication in SKYFT tokens.
SKYFchain is an open blockchain platform for storing records of all of the vital events happening with freight bots and their interactions from the distribution chain. Each transaction is listed on the stage. Each listing has its own price based on the kind, frequency, and complexity of transactions and can be denominated in a conventional currency.
Since the number of participants along with the number of trades in the system will always be increasing, while the amount of these tokens is adjusted, the price of this SKYFT token will soon be rising as well. SKYFT tokens will be publicly quoted on the most important cryptocurrency exchanges. Alongside this, the SKYFT tokens holders will get their share of the expense of each trade made inside the SKYFchain platform.
Classic freight logistics is among the most complex businesses. It’s very determined by the human variable; lots of manual labor is utilized in the transport procedure. To be able to keep their growth, companies might need to change the cargo industry itself. Additional optimization of this marketplace of conventional logistics is just not possible. The majority of the suggested iterations make it feasible to decrease just tenths and at times even hundredths of the percentage of prices, or just marginally lower time spent on shipping.
The future of this business is unmanned freight logistics. Such market giants like Google and Amazon have started to test using UAVs for smaller parcels delivery, and UGVs for the support of their warehouse complexes. The true system isn’t transparent enough. It features heaps of mediators, and also the amount of the interactions with each other inside a delivery can occasionally transcend a hundred or maybe a few hundreds. Blockchain will help to resolve this problem.The technology will obviously fit the logistics marketplace and will allow it to be even more effective in the very close to future. What’s more, blockchain is vital for the entire execution of unmanned delivery, while it’s to be carried out by drones or automobile wagons.
It is SKYFchain that can unite all the market participants as based on the same distribution system. This will remove a lot of problems, starting with the approval of the delivery route for robots and ending with the calculation of insurance fees and payment transfers. Not only will this approach reduce transaction costs, increase the transparency of logistics schemes and calculations, but it will also increase the speed and quality of cargo delivery. The transition of logistics to the unmanned systems (rather ground than aviation) is a matter of a very short time. SKYFchain is the only solution able to satisfy all market participants. With the help of SKYFchain, we will support the logistics industry transition to the unmanned systems, which will result in a significant reduction of the transportation costs. All consumers will benefit from this, but especially those who are located in the least developed regions, in terms of logistics.
“I am very happy to support this revolutionary project as an adviser”, states Michael Terpin, Creator of Coinagenda.
The initial cargo robot to move the trade history to SKYFchain would be SKYF, an autonomous freighter drone (useful load around 400 kg, flight period around 8 hours range around 350 kilometers) developed by ARDN Technology. SKYF will utilize SKYFchain exclusively to run countless freighter drones which have already been arranged by the biggest oil/gas and logistics companies across the globe.
SKYFchain is available to some other producers of unmanned drones, such as automobiles and freight ships. It’s also available to logistics suppliers and monetary associations and has every opportunity to be a universal instrument, a benchmark for its unmanned logistics marketplace.
The SKYFT tokens emission adheres the global legislative regulation of this blockchain to the highest degree.
The SKYFchain ICO started on March 10th and will run through June 15, 2018. A total of 476,700,000 SKYFT tokens will be published in a base price of $0.065 each token. Discounts can be found on the following landmarks:
The ICO states:
- The first 25,000,000 tokens will be sold at a 30% discount;
- 20,000,000 at a discount of 20%;
- the next 20,000,000 at 10%;
- and another 20,000,000 at 5%;
- the remaining 391,700,000 will be sold at a regular price of $0.065 per token!
On March, 1-6 that the SKYFchain pre-ICO was held and reached $2,000,000. The token pre-sale has been encouraged by over 4000 individuals. $500,000 was raised prior to the official earnings release.