What is SKYFchain Project?

What Is Skyfchain ?

SKYFchain is the first B2R (Business-to-Robots) blockchain based operating platform. This private blockchain system provides independent secure data-exchange and payment channels for a total support of robot - centric logistics.

SKYFChain Operating Platform will based on private blockhain. It will use ERC20 compatible protocol for SKYFT tokens and build payment channels for exchange transactions. SKYFchain is unique because it will be designed to exclude the human as an intermediary and it will have access to confirmed clients of the first industrial heavy duty cargo drone – the SKYF drone, which is already flying. Technically, the main purpose of the SKYFchain is to integrate critical information for all market participants and organize execution of smart-contracts for transactions. SKYFchain aims to create the whole new industry of airborne cargo drones and later invite groundborne and sea-borne cargo robots for the new business opportunities.

How Skyfchain Work ?

SKYFchain project only have the fixed number of token , and every of their transaction will have to use SKYFT to activate . if anyone want to make transaction with Skyfchain , and do not have SKYFT , they can pay fiat ( USD ) money through its smart contract ,Skyfchain will use that money to buy SKYFT and use those token to operate transaction .

SKYFchain is an open blockchain platform for keeping records of all the key events occurring with cargo robots and their interactions in the supply chain. Each transaction is recorded on the platform. Each record has an own cost depending on the type, frequency and complexity of transactions and is denominated in a traditional currency. All calculations within SKYFchain will be processed in SKYFT tokens, as required by the smart contract logic. Since the number of participants and the number of transactions in the platform will constantly be increasing, while the number of the tokens is fixed, the cost of the SKYFT token will be increasing as well. SKYFT tokens will be freely quoted on the main cryptocurrency exchanges. Next to that, the SKYFT tokens holders will receive their share of the cost of every transaction made within the SKYFchain platform. Traditional cargo logistics is one of the most complex industries. It is extremely dependent on the human factor; a lot of manual labor is used in the transportation process. In order to continue their expansion, companies will have to change the freight industry itself. Further optimization of the market of traditional logistics is simply impossible. Most of the proposed iterations make it possible to reduce only tenths, and sometimes even hundredths of percent of costs, or barely slightly reduce the time spent on delivery. The future of the industry is unmanned cargo logistics. Such market giants as Google and Amazon have already begun to test using UAVs for small parcels delivery, and UGVs for the service of the warehouse complexes. The actual system is not transparent enough. It includes dozens of mediators, and the number of their interactions with each other within a delivery can sometimes exceed a hundred or even a few hundreds. Blockchain can help solving this problem. The technology will naturally fit into the logistics market and will make it more efficient in the very near future. Furthermore, blockchain is necessary for the full implementation of unmanned delivery, whether it is to be done by drones or car 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 and all.

Roadmap :

From 2014-2017 : They design and manufacture SKYF cargo drones attracted $5M; they test successfully aerodynamic technology and fully autonomous flights Q4 2017

From 2018-2019 : They develop the private blockchain; create of the international legal structure; sales of first SKYF drones and expansion of the partner network to the regions without strict regulation of cargo drones flights (CIS, Asia, Africa)

From 2020 - 2012 : They make plan to rapidly growth SKYF drone sales; inclusion of third-party drones data into SKYF-chain; lobby for new regulations in developed markets

From 2023 - 2025 : They connect ground and sea cargo robots into the system; passenger drones to follow

SKYFchain(SKYFT)-The Token

SKYFT tokens will be required for any transaction inside SKYFchain. A user requests a transaction in SKYFchain and pays securely in fiat money through his smart contract. SKYFchain acquires SKYFT tokens at a crypto exchange to execute the transaction. Transactions will grow exponentially because robots need to talk with clients. More and more companies, clients, financial instituions adopt the use of SKYFchain, the amount of transactions on the SKYFchain will increase and so will the demand. It’s your judgement to whether or not there will be an increase of usage in this field. For every SKYFchain transaction whether it’s getting loan to buy unmanned vehicle, client payment or something else SKYFchain will charge some commission. 25%of commissions will go to SKYFT holders. For those in the US that couldn’t invest in other ICOs that prohibited US residents, SKYFT tokens are compliant with SEC of USA and available for US investors. 20% of revenues from the sale of SKYF drones will be used to purchase around $50 million SKYFT tokens in the next 3–5 years.

Token SKYFT

Price 1 SKYFT = 0.065 USD

Bonus Available

Bounty Available

Platform Ethereum

Accepting ETH, BTC

Minimum investment 3000 SKYFT

Soft cap 5000000 USD

Hard cap 30000000 USD

Country Estonia

Whitelist/KYC Whitelist

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