SKYFchain (SKYFT) Whitepaper Whitepaper

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SKYFchain is the B2R blockchain based operating platform applicable in all sectors of a developing cargo robotics industry with initial focus on breaking up the airborne cargo drones industry.

The 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 will be designed to exclude the human as an intermediary and SKYFchain will have access to confirmed clients of the 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 industry of airborne cargo drones and later invite groundborne and sea-borne cargo robots for the business opportunities in financing, manufacturing, operations, maintenance, insurance, and authorization of drones and robots.

A user requests a transaction in SKYFchain and pays in fiat money through his smart contract. SKYFchain acquires SKYFT tokens at a crypto exchange to execute the transaction.

SKYFchain aims to sell the first SKYF drones and expend the network of SKYFchain`s patners to the regions where cargo drones flights are not strictly regulated (CIS, Asia, Africa).