Robotics is a very advanced field of science that is overtaking human efforts to provide near perfect results and astounding efficiency in cost of operations. Unmanned cargo robots, if used in all means of transport, can change the way things are dealt with in supply chain management. Right now drones are extensively being used in the agriculture sector for spraying pesticides within a dime. Firefighters too are successfully using unmanned drones to save lives without putting any mortal in danger. To pep things up infrastructure industry is digging into the technology as well. Talk about factory operations and you have tesla's assembly lines run all by robots. The best use case is delivery of medical supplies or essentials to places where outside help is difficult to reach. Right now firms are exploring the ideas of drone delivery as well.
The addressable market size for airborne drones alone is estimated to be $127 billion. Limitations such as stable credit, costly insurance and near prohibitive rules and regulations in many countries are not letting things to be steep and smooth. A very nascent stage to ma the potential of a technology that can divert the course, this industry exists as studies or research carried out by large organizations.
Never before has this idea been explored by a firm as **SKYFchain has done by introducing a universal operating platform for robots.** SKYFchain Operating Platform is the first B2R (business-to-robots) blockchain based operating platform applicable globally in all sectors of a developing cargo robotics industry. Right now in testing phase, it will be developed and tested using their very own innovation- **SKYF drone.** This platform is actually a spinoff of the successful SKYF drone project. It can take a useful load of up to 400kg (882lbs) and has a flight range of about 350 km (220miles).
The **SKYFchain** boasts of several well-known names as its clientele such as Syngenta, Ponyexpress, Prodimex, Avgust crop protection to name a few.
**The operation model:**
With 50% costs entirely devoted to labor in logistics, the stage is ripe for disruption. SKYFchain intends to create a model to integrate information from all market participants and organize the execution of smart contracts for the transaction. All the transactions will be paid in fiat but executed in the system using the SKYFT tokens. The platform envisions to include seaborne and ground-borne cargo robots as well, once they come in the market. The participants include the following:
- Operations: logistics providers and their clients
- Hardware: Manufacturers and service providers.
- Regulations and support: Steel authorities and market analysts.
- Financing: leasing, insurance CAPEX and OPEX
It has already received letters of intent from several clients interested in using SKYF drones.
After the launch of its personal drone, they plan to invite other cargo robots, unmanned trucks, unmanned ships and later unmanned passenger vehicles. It is highly rated blockchain startup by top reviewing agencies. The presale was just sold out in 5 days!
**The highlights of the idea!!**
Besides blockchain's innate benefits, the platform boasts of several other features too. To mitigate risk SKYFchain is legally registered in Estonia, one of the most favorable locations for blockchain startups. The SKYF tokens are compliant with SEC of USA. The platform being used by hundreds of drones will help in testing the grounds and working on finer details. The experienced and trusted team is the core strength.
**Benefits:**
- Trusted source of data and reasonable control over unmanned assets for clients, logistics operators etc.
- The unveiling of new business opportunities for industry participants
- Lowered risks and inefficiencies in transportation
- Increased overall affordability of goods and services due to cost-effective supply chains.
- Room for greater innovations and inclusion of new and old industry players into the platform and many more.
**SKYF token and ICO details:**
SKYF will be an ERC20 based internal currency of the platform. It is compliant with U.S. SEC. The value of SKYF tokens will go on increasing as the number of participants increases, leading to increased number of transactions. The transactions are expected to grow exponentially as ROBOTS NEED TO TALK with clients.
SKYF will spend $50M in five years to buyback SKYF tokens further concentrating the value.
A total of 1,200,000,000 tokens (44% in crowdsale) have been issued. Operational and fintech transactions will be affected by them.
The presale was successfully completed. The main sale started on March 10, 2018. The minimum purchase volume is 3000 tokens. The per token price is 0.065 USD.
**Concluding Verdict:**
The project has all the oomph that makes investors drool over it. This has already been proved by the presale success. Bleeding edge innovation, a spin-off of existing brand and decentralized platform with risk mitigating factors what more can one want. The users would be benefited from economies of operations. For investors, the SKYF token is full of delights. It promises escalating appreciation in its value through greater usage and buyback within the next five years. The crowd sale has discounts starting from 40%. Right now the 20% discount is on. The Robotics is future and SKYF can be rightly called as the torch bearer.
**For more details visit:**
Website: [https://www.skyfchain.io/](https://www.skyfchain.io/)
Whitepaper: [https://fpivc.box.com/v/SKYFchainWhitePaper](https://fpivc.box.com/v/SKYFchainWhitePaper)
Blog By: Lanirm Knayam
BTT Profile: [https://bitcointalk.org/index.php?action=profile;u=1308391](https://bitcointalk.org/index.php?action=profile;u=1308391)
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