Future Flight: Boeing Uses Blockchain Technology to Track Drones
Massive aerospace organization Boeing announces its intention to tap into blockchain technology to track and trace AI run, unmanned air vehicles that transport cargo in urban area in the future.
Boeing has partnered with the Artificial Intelligence developer SparkCognition to create a decentralized platform that can be used to trace drone vehicles in flight to allocate traffic routes in the air to guarantee safe transportation, the new company said in an announcement on Tuesday.
The partnership will mostly make use of the blockchain tech to track Boeing’s future next generation air vehicles that the company anticipates releasing in series of business applications like delivery services or urban air travel, the last is like that of Uber’s Air Taxi Service.
Boeing technology chief Greg Hyslop reported:
“We’re at a point in history where technological advances and societal trends are converging to demand bold solutions and a different way to travel.”
To get ready for the new future to come, the world’s largest aviation company is establishing Boeing NeXT, a new subsidiary that uses the research & development to improve AI controlled flight and next generation travel. Boeing Next is also using the company’s hypersonic passenger flight concept inside the company portfolio along with an electric run vehicle takeoff and launching (wVTOL) vehicles for cargo that is needed to be transported as well as urban area travel in the near future.
The new blockchain being developed endeavor is to follow the company’s venture arm that is participating in SparkCognition’s $32 million funding project that took place last month.
“Estimated by some analysts at $3 trillion, the urban aerial mobility opportunity will lead to the creation of the largest new market in our lifetimes,” stated SparkCognition founder and chief Amir Husain.