Regulations for automated air travelling vary worldwide and are frequently corrected. While the rules are undergoing numerous revisions thousands of companies were granted the permits for autonomous flights. SKYF will start commercial operations on SKYFchain mainly in the remote areas including some parts of Africa, Russia, Armenia, Ecuador, Brazil, Canada and so on. Right now, we do not see regulatory obstacles that can prevent us from commercial activities during the next 2-3 years. In those regions SKYF can fly already under the current regulations.

With the accumulated statistics and operations data next market entries will be easier. We plan to expand to Australia first, and then to other countries with similar regulations.

SKYFchain will serve not only aerial cargo robots (drones) but also ground based (trucks) and sea based (ships).

The smart contract is in the development stage. It will be published close to the ICO main sale end.

One of our clients, an oil and gas company, uses helicopters MI-8 with fuel consumption of 680 kg per hour for the delivery of spare parts to its oil rigs. For the same delivery SKYF needs only 28 kg of fuel per hour. In this application SKYF consumes 24 times less fuel. In 70% of cases MI-8 is substantially underutilized because they transport only 100-200 kg of cargo.

Technical specifications outlined in the whitepaper are confirmed by computer modelling, live test results of the core components, flight tests of SKYF prototypes and technical specifications of third party components.

Blockchain is a key component in SKYFchain. SKYFchain uses blockchain with built-in smart contracts to provide trusted source of data and reasonable control over the assets for clients, logistics operators, insurance and leasing companies, banks, and authorities from different countries and industries. SKYFchain helps to overcome the incompatibility of rules and standards.

SKYFchain decentralization will come from two main sources. First, more manufacturers of unmanned vehicles, operating companies, their customers from different regions will use SKYFchain driving its geographical and business sector decentralization. Second, SKYFchain will rely on the supernodes as parts of its blockchain infrastructure. During ICO sale SKYFchain offers supernode certificates for every 100 000 USD contributed. At the later stage the holders of the supernodes will include large logistics companies, banks, insurance and leasing companies.

SKYF drone manufacturer has Russian patent granted and PCT application with priority date 2016-02-17. These documents describe and protect a unique and proprietary SKYF drone design that defines the use of two different sets of propellers – the bigger for lifting and the smaller for steering. This scheme brings a much better utilization of power train compared to a traditional multicopter scheme. More information about the patent and its status is here: https://patents.google.com/patent/WO2017141069A1/en?inventor=arsentyev&oq=arsentyev

SKYF drone clients compare it with the existing solutions in their industries. Oil and gas companies in Siberia, Russia use helicopters to supply on-shore rigs with food, water and spare parts. According to their calculations they can slash cost by 5 to 10 times with SKYF autonomous drones.

In agriculture our clinets use small airplanes for crop dusting. That’s a very dangerous job because the flights are performed at low altitudes. https://www.nytimes.com/2014/10/03/us/for-crop-dusters-a-hidden-danger-in-the-fields.html

SKYF drones can dust the crops during the night time (the best time for dusting) which is almost impossible for traditional aviation.

SKYF drones can fly fully autonomously following an approved mission plan.

SKYF drone has its own proprietary autopilot it gives us another level of protection against reverse engineering. You can see the SKYF autonomous flight here https://www.youtube.com/watch?v=okjwu8DV5Ng