SKYFCHAIN AIMS TO REVOLUTIONIZE THE CARGO AND LOGISTICS INDUSTRY

INTRODUCTION

Several years ago, the logistics and cargo industry was mainly dominated by the human labour who primarily undertook the transfer of cargoes. And as a result of the human error factor, lots of accidents and losses of revenue plagued the industry. However, with the shift of focus to a more robotic revolution where the bulk of the activities within the industry is expected to be undertaken by unmanned logistics and cargo, the sector is set to experience growth in performance, efficiency, safety, cost-efficiency, and timeliness.

INTRODUCING SKYFchain

To join the moving train of the advancement in the robotic technology as evidenced by the introduction of drones and autonomous cargo vehicles, SKYFchain draws on the development and growth of the industry to further enhance the current cargo and logistics industry by creating a platform that will serve as the hub, a community for the users in the industry through the B2R (Business-to-Robots) operating platform that runs on the Blockchain technology.
While it might seem like the technology for the future, the critical success recorded by the introduction of drones has given a clear account of how possible it is to access the technology of the future now with a projected elimination of labour costs and up to 50% savings on labour cost by 2020.
SKYFchain is a detailed and shared database of robotic cargo drones and vehicles. It is also to serve as the financial tool that will facilitate transactions processing on the platform with the use of cryptocurrency. Besides, it offers a comprehensive data control to users and businesses with the use of smart contracts. It aims to facilitate funding for the Cargo Robots industry.

NOTICEABLE MILESTONE

SKYFchain embarked on its creating significant landmark in the unmanned logistics and cargo industry by creating a SKYF cargo drone, which is the first industrial heavy cargo drone with enhanced vertical take-off and landing feature. The drone is capable of flying up to 400kg load at a flight range of 350km, and an average of 8 hours flight.
At present, SKYF drone is being used in agriculture, logistics and cargo, and emergency relief. It is well-suited for different purposes, diverse climates, and national regulations; and it expected its use would be extended to other areas within and outside the industry.

SKYFchain SKYF OPERATIONS

SKYFchain is to serve as the data storage and verification centre for all drones operations. Its shared distributed ledger will contain details of all industrial drones in operation such as specs, history of maintenance, pilot, and operations license information, mission plans and routes. It is also to give the right of operation and route verification before each to guarantee 100% safety and prevent in-flight mishaps.

THE PROSPECTS, SKYF ICO, AND SKYF TOKEN

With the launch of its ICO, SKYFchain aims to expand its partner network to other regions with less strictness on cargo drones flight such as Asia, Africa and CIA. To achieve this, the SKYFchain SKYFT token was issued ICO to facilitate the platform in readiness for the expansion of the robotic cargo and logistics industry globally. Meanwhile, SKYFT complies with the SEC of the USA and internal currency of the SKYFchain operating platform.

CONCLUSION
Based on the potentials of SKYF, SKYFchain is unarguably the revolution the entire cargo and logistics industry has long waited for, with consequent reduction in manpower needs, avoidance of mishaps, efficiency and performance. The revolution has started and every crypto-investor should join this movement.

MEET THE TEAM MEMBERS

Skyfchain is managed by a team of experienced people