Gartner estimates blockchain technology will generate $3.1 trillion in new business value by 2030. This business value is extending to the unmanned aviation industry where blockchain has the ability to protect airspace safety, security, and auditability. As more drones take flight, this advanced technology can help automate compliance with the airspace rules, create immutable audit trails, and improve collaboration across the aviation industry.
We’ll explore the basics of blockchain technology and why it’s critical to safely integrate unmanned aircraft in the global airspace and enable a wide variety of commercial drone operations.
An overview of blockchain: a distributed ledger of immutable records stored in a decentralized database.
Business adoption rates of blockchain technology have reached nearly 30% in many industries and are expected to grow rapidly.
We'll uncover five key benefits, including flight data integrity, automated compliance, and maintenance guarantees.
A walk-through of the history of blockchain, starting in 2009 when the first whitepaper about bitcoin was released.
We'll examine the biggest challenges drone operators and authorities are facing when it comes to managing unmanned flights.
A few use cases for how blockchain technology can be applied to various commercial drone operations.