The growth of the logistic industry can be said to undoubtedly have reached its peak and it seems like there is nowhere else to go from here. The integral part of this limitating factor can be attributed to human labour. Human labour has made the industry less efficient, more expensive,less reliable and an easy target for theft and similar vices.
The shotcallers and major stakeholders of the logistic industry realise that there are more potentials that can be reached only if industry participants choose to think out of the box and bring on some really innovative developments into the space. For instance the british engineering company rolls-royce is working on turning cargo ships into semi or fully autonomous robots. They say this will be more efficient and safer than the currently existent manned ships.
Also amazon has an active drone delivery service it uses for its services and operation.
No doubt the use of unmanned cargo will reduce business operational costs,speed up the process and make the general operation more efficient but this transition to unmanned logistic industry might be limited by factors such as expensive insurance, unavailability of stable credit and other underlying limitations such as responsibility and maintenance issues as organization needs to keep abreast of information about its drone such as the events in the drone's life cycle, registration,e.t.c inorder to communicate with clients and other supply chains in the industry.
The SKYFchain solution
The SKYFchain profers to solve the afforementioned problems by offering the logistic industry with a first of its kind operational platform built on the blockchain.
The skyfchain operating plarform will serve as a global platform that would unite every participants in the logistic market and industry.
Financial institutions, business interest,governmental organisations would also be able to assess the platform to contribute their input and also add to the development of the platform.
The operating platform will put in place a machinery that will ensure registration and keep track of all the events happening in a drone's life cycle from its production to its maintenance to its application and routes operation to ensure proper control and efficient operation.
Business model of the SKYFchain:
The SKYFchain operation will unite and integration details and information for all parties existent in the logistic market and ensure the execution of smart contracts for transactions.
Building a project like this on the blockchain technology is very vital since but of its immutability and information of this nature cannot afford to be be compromised,hacked or destroyed.
Transactions are expected to vary in value dependent on the frequency and nature of operation. The platform will be entitled to commssion from every transactions and it will be paid in fiat currencies like USD and other specified currency but executed on thr platform using the SKYF-tokens.
The platform will be tested using the SKYF drone afterwhich other drone producers shall be educated and other drones connected into the system. The more the number of cargo robots integrated into the system, so does the number of transactions grows of which will eventually lead to an increase in the demand for skyf-tokens inorder to execute smart contracts on the skyfchain operating platform.
The skyft-tokens will be traded on four to five exchanges inorder to provide liquidity required by the operating platform.
Conclusion:
This new venture of cargo robotics will need investments while investment need risk management like insurance. It may also require regulation and new business practices. All these SKYFchain is aware of and are putting no stones unturned to ensure they are all developed and integrated into the SKYFchain operating platform.
To read more about SKYFchain or participate in token sale, check out the links below:
Author bitcointalk username: Ricowavy
Author bitcointalk profile:
Website : http://www.skyfchain.io/
Whitepaper : https://fpivc.box.com/v/SKYFchainWhitePaper
bitcointalk ann: https://bitcointalk.org/index.php?topic=2799527.msg28700556#msg28700556
Telegram : https://t.me/SKYFchain_chat
Twitter : https://twitter.com/SKYFchain
Facebook: https://www.facebook.com/SKYFchain
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