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Deep Aero – A Futuristic AI-Based Drone Economy on the Blockchain

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Deep Aero

Deep Aero is looking to disrupt the global drone industry by introducing autonomous operations thanks to a combination of Artificial Intelligence (AI) and blockchain technology. The concept behind the project is informed by a real need in the urban space where transportation challenges abound in various forms.

While drones were initially limited to the military space, their use in other sectors has grown exponentially, first into leisure activities and later into cargo and passenger transportation. Thanks to their innovative design and features, they have introduced an entirely new dimension in every field of use, taking the Internet of Things to a whole new level.

On-Demand Passenger Drones

Urban mobility is greatly hampered by numerous factors ranging from the all-too-common traffic congestion and poor infrastructure among other issues. Consequently, minutes stretch into hours on the daily commute, robbing commuters of their precious time and causing inefficiencies in every aspect of life.

The main advantage that drones introduce is that they have the capacity to take off and land vertically. Even in congested cities, this capability makes them adept at offering reliable and fast transportation no matter where a commuter happens to be.

Such drones also come in handy in cases of emergency, helping in search and rescue missions and even carrying out evacuations from otherwise inaccessible places.

Cargo Drones

Using unmanned cargo drones for the delivery of commercial packages offers lots of distinct advantages. First, it eliminates the challenges that normally cause unnecessary delays in package delivery. Drones are not subject to the constraints of traffic snarl-ups or infrastructural limitations. They can traverse even the most challenging terrains, covering both land and water without any hindrance.

Accordingly, they offer one of the fastest delivery options for urgent packages like medical or relief supplies as well as time-bound commercial packages. Factoring in all the benefits of this form of cargo delivery could, in fact, lead to a significant cost reduction when compared to conventional methods, especially in places with a challenging terrain.

Harmonized Air-Traffic Management Framework

However, the current aviation infrastructure is not yet suited to handle their extensive use because, in spite of their having collision-avoidance capabilities, drones are not inherently designed for heavy air traffic areas. It is, in fact, becoming increasingly urgent to find a way to get drones and regular manned aircraft to coexist without incident. At the same time, the absence of a pilot to control drones raises challenges with regards to detecting and avoiding obstacles in their path such as other aircraft. Handling unforeseen dangers like weather changes is also an issue.

Current management frameworks mainly rely on voice communication between pilots and air-control stations as well as on radar detection.  Only larger, more expensive drones have the capacity to handle such communication. Additionally, even if there could be some form of communication established, the current frameworks cannot handle the density of air traffic anticipated in the next few years as drones become commonplace. For this reason, Deep Aero is set to create a self-governing framework for managing both manned and unmanned aircraft harmoniously.

The Deep Aero Unmanned Aircraft System Traffic Management (UTM) platform is a system driven by blockchain and AI technologies, offering autonomous air traffic management for all types of aircraft. Using this framework, both manned and unmanned aircraft will enjoy safe flights without the risk of crossing paths and causing harm to their passengers or cargo.

Incorporating data from manned air traffic control systems and global airspace data, Deep Aero UTM will combine this with other supplemental information about the weather, terrain, and obstacles in the path of drones to eliminate accidental collisions. Moreover, UTM will make it possible for drones to communicate with each other giving information about their immediate surroundings

And the best part about it is that the system will not require continuous monitoring by human operators. They would only intervene when there is a need for strategic decisions.

Details of the Ongoing ICO

In order to facilitate the execution of the project, Deep Aero is currently carrying out an Initial Coin Offering that is selling its native DRONE token. Out of a total of 5 billion tokens, 50% which is 2.5 billion is available for purchase during the ICO that started on May 1st, 2018 and is slated to run till June 1st, 2018. After the ICO period, any remaining tokens will be sold until a future expiry date that is yet to be specified.

More details on this futuristic project and its ongoing ICO are accessible on the platform’s official website.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page

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Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.

Performance

The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone, including those who are trying this betting for the first time.…

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