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Deep Aero – Taking Drone Technology to the Next Level

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Deep Aero

Deep Aero has the innovative vision of building a blockchain and AI-powered drone economy with autonomous capabilities to transform urban transportation. To this end, the company is planning to offer efficient cargo delivery and passenger services.

About Deep Aero

Deep Aero was founded in October 2017 and has its headquarters in Ajman, United Arab Emirates. The company has the objective of becoming a global leader in innovation surrounding the drone technology space.

Drones, also known as unmanned aerial vehicles (UAVs), essentially refer to aircraft without human pilots onboard. They usually make use of a controller on the ground and a communication system to act as a link between them. Different drones operate with varying levels of autonomy using either a remote control or built-in computer systems to steer them to the destination.

In the past, they were too expensive for the general populace, and their use was therefore restricted to research projects or government agencies. Such limitations meant that they would rarely come into contact with other air traffic eliminating the need for advanced management systems.

But as technology advances, production costs have gone down making them more readily accessible and subsequently increasing the level of risk that they pose. Unfortunately, the current air traffic ecosystem has not evolved to keep up with the changing needs for better management and control.

The Deep Aero Project

With this in mind, it has developed an innovative approach to revolutionize the space and streamline service provision and operations. Deep Aero is carrying out in-depth research into prototype innovations and technologies including dynamic geo-fencing, airspace design, route planning, sequencing and spacing, re-routing and contingency management among others.

Drone UTM

Drone UTM is an AI-based autonomous and self-governing system that has what it takes to transform the drone industry. Using the Deep Aero air traffic management framework, the platform is planning to facilitate autonomous control of drones and manned aircraft that have to co-exist on shared airspace.

Deep Aero’s system will incorporate a registration and identity framework that will uniquely identify all relevant stakeholders, e.g. pilots and operators. Other details such as flight planning and authorization, geo-fencing and situational data will also be taken care of on the autonomous system.

Drone Marketplace

Another outstanding aspect of the project is the Deep Drone Marketplace that seeks to offer every conceivable product and service related to drones. Users will have the opportunity to book drone taxis, rent and purchase drones for their projects, hire specialist operators and buy parts and accessories with ease.

A mobile device app will allow users to access these products and services, communicating with operators for quick and hassle-free transportation or cargo delivery right to their doorstep.

So as to make the project a success, Deep Aero will be working closely with the leading players in the drone industry, including manufacturers such as Workhorse, Ehang, Autonomous Passenger Drone and Volocopter. This collaboration will facilitate the successful launch of a drone taxi service on the platform which will ease commute times for urban dwellers.

The Team

The Deep Aero team is made up of professionals with years of experience in various relevant fields, offering diverse skills from their different backgrounds. They have a good outreach in the blockchain community and are a sufficient size given the scope of the project.

Gurmeet Singh is the CEO and founder of the project and comes with years of skills in drone technology.

Project CFO Mayank Jain is a graduate from the Institute of Chartered Accountants of India as well as a Bachelor’s in Commerce from the Delhi University. He has years of experience in accountancy and entrepreneurship and a passion for emerging technologies.

The company’s vice president of sales marketing, Harsh Sharma, studied at the European Management Institute and has a wealth of experience in marketing IT solutions.

Token Sale Details

In order to develop the platform and achieve its objectives, Deep Aero has scheduled an ICO that kicked off on May 1st, 2018 and will be running up until June 1st, 2018. The project has a total token supply of 5 billion DRONES, of which 2.5 billion will be available for purchase during the token sale. 1.25 billion tokens have been set aside for the founders, 500 million for its advisors, a further 500 million for the pre-sale (already took place from March 30thto April 15th) and the remaining 250 million for marketing purposes. The tokens are being sold at the rate of $0.05 each.

Further details about the project and its ongoing ICO are available on the 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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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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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:  

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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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