Boeing Applies Blockchain for Unmanned Planes
July 18, 2018
American air vehicle manufacturer Boeing has entered in partnership agreement with the SparkCognition startup to develop an unmanned airplane and other products using blockchain technologies, as reported in the company’s press release
Last month SparkCognition received from Boeing $32 million as investment. No the companies have a contract and will be working on platform that will control unmanned planes and arrange air corridors. As a side product of the development there will come a standardized software interface applicable for delivery services, industrial inspections and other commercial processes.
The head of SparkCognition Amir Husain believes, aerospace industry today is far-reaching field with possible market cap of $3 billion. As he put it, it can turn into the largest new market that risen in this century.