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What NASA, Uber, and Blockchain Startups Have in Common

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In November 2017, it was announced that Uber and NASA acquire partnered to begin developing a pilot project for air taxis. Coined Uber “Elevate”, the usage is expected to have a similar base fare as Uber “X”, creating a new ecosystem for commuter commuting and travel.

On first thought, the idea of flying cars and commuter drones seems out of peep. The reality is that the first manned drone flight has already been successfully finished. In May 2017, California-based Passenger Drone initiated testing on a vertical spoof and landing (VTOL) craft that could be powered both by benignant pilots and remotely. In August 2017, the first manned flights took suitable.

The US Government is also realizing the impact that drones and flying instruments will have. News just broke that President Trump stamped a law that will force all drones to be registered with the FAA. European lawmakers outmoded a similar rule a few weeks back targeting drone registration. Comprehensive drone registrations in the US topped 800,000 earlier in 2017 with an work out growth of over 7 million drones in use by 2020.

With this massive flowering comes the concerns of air safety and how to best regulate the future highways of the sky, both for commercial and consumer use. Innovative blockchain attendances are jumping at the chance to address this need with everything from safe keeping protocol to marketplaces for future flights.

For example, Blockchain Taxi, a cohort of Passenger Drone, is taking the lead on using all of Passenger Drone’s off data to build out a blockchain-backed protocol. By combining years of historical decamp data, Blockchain Taxi wants to create the smart contract ecosystem that can be old by regulators and enterprises to facilitate safe passenger drone and air taxi manipulations.

Another company in the space, McFly, has modeled out the projected cost of lose ones temper a passenger drone versus taking a private jet or Uber. Those representations, come out to roughly $8 per minute of flight time for an Uber Elevate vs. $50 for a in character helicopter ride.

Earlier this year The United States Palpable and Trademark Office (USPTO) published a patent titled “Unmanned aerial emancipation to secure location,” describing how Wal-Mart could use blockchain technology to automate the logistics of execution drones. In this example, blockchain technology could be used to certify identities, track packages in real-time, and log all critical information on a secured ledger.

Not all announcement from related blockchains startups has been positive. First mover AERO Emblem, received a tough critique from ICO rating agency Smith & Culminate for having an “incomplete appeal for investor support”. The challenges involved number the economics involved with building out this drone infrastructure as admirably as legal red flags due to different interpretations of laws.

Despite the challenges, it is acceptable to assume that manned drone flights and air taxis will at last be a part of our mainstream transportation culture. Whether used for emergency evacuations or logistics, there are multitudinous inner-city hurdles that could be solved using both commercial and voyager drones.

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