Drones and Blockchain

According to Professor Klaus Schwab, founder and CEO of the World Economic Forum, one of the technological drivers of the Fourth Industrial Revolution are unmanned vehicles, in particular unmanned aerial vehicles, commonly known as drones.

The drones were initially created with the aim of reaching areas of difficult access for human beings and used for military purposes, such as obtaining bird’s eye views, intelligence, surveillance and reconnaissance. Since then, from filmmakers to farmers have used drones for very different purposes.

In the words of Schwab: “When drones are able to “feel” and respond to their environment (for example, altering their flight path to avoid collisions), they can perform tasks such as checking electric power lines or delivering medical supplies  in war zones.”

Well, blockchain technology is already being used by drones for commercial purposes.

MANNA Robotics is a startup based in San Francisco. The company has developed a drone founded on blockchain technology and has also generated a token called MANNA. The drone has been created to guarantee instant and safe exchanges between cryptocurrencies and fiat currency.

In Israel, the drones export country, Airobotics, a startup based in Petah Tikva, has been the first company to obtain authorization from the Civil Aviation Authority of Israel (CAAI) to fly commercial drones in Israeli airspace.

Another Israeli startup, Applied Blockchain, has developed a blockchain registry for drones. According to their website, “Flight path data captured by a drone during a flight can be uploaded onto the same shared ledger and represented visually on an interactive map. As this data is attached to a registered drone, aviation authorities can plot the flights of a specific drone, all drones of a given operator, or even all drones from a specific manufacturer, all on a single map and in real time.”

DEEP AERO is building a platform for unmanned drones based on blockchain. The goal is to provide the possibility of low altitude civil flights of both manned and unmanned drones in the shared airspace.

The named cases are just some examples of business initiatives in relation to blockchain and drones. It seems clear that the advances are taking place rapidly, so that companies in the sector compete to provide and sell technical solutions for the massive commercial use of drones for different purposes.

Its growing use will transform the way of working in sectors such as construction, energy and logistics, and will create new and different jobs in the next decade. The dron-blockchain association, in which the information will be shared directly by the parties involved without the need for a third party that provides confidence, will also contribute to transforming our way of working and thinking.

Nuria de las Heras

Nuria de las Heras

Databases & Blockchain Specialist Living the change of economic, social and personal paradigm.