Red Cat Testing GoChain to Secure Drone Data (Globally)

in #parley-blockchain5 years ago (edited)


*Data analysis in Red Cat's platform. Source

In planes, black boxes record important flight data, as well as communications coming from the plane’s cockpit. Such information is key when a plane goes down. It helps investigators determine what happened, and examine mechanical failures. But no such parallel for drones existed.

“We can give you every bit of information about how your drone was performing on that entire flight, not only just for if you crash, but also information such as why this drone uses more battery than this drone, even though they’re almost identical,” says Jeff Thompson, CEO and founder of Red Cat.

This has implications not just for drone performance, but also for insurance companies, who need to be able to see how drones are performing, their flight paths, and who owns them in order to insure them. The insurance market around drones is growing and could be worth more than $500 million in the U.S. and $1 billion globally by 2020... Read More

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