Boeing to Develop Blockchain Based Unmanned Vehicles

Boeing, an American multinational company that designs, manufactures, and sells airplanes has announced to develop a blockchain based autonomous vehicle. It is partnering with artificial intelligence (AI) technology giant, SparkCognition, to create unmanned aircraft system traffic management (UTM) solutions.

According to its press release, the newly-founded Boeing NeXt company will lead future commercial mobility solutions and bring flight closer to home. The company’s aim is to use artificial intelligence and blockchain technologies to track unmanned air vehicles in flight and allocate traffic corridors and routes for safe and secure transportation. This partnership will will also deliver a regulated programming interface to carry package delivery, industrial inspection and other commercial applications.

Amir Husain, founder and CEO of SparkCognition said that

”Estimated by some analysts at $3 trillion, the urban aerial mobility opportunity will lead to the creation of the largest new market in our lifetimes. The world’s number one aviation leader partnering with the world’s most innovative industrial AI company means that unparalleled experience in safety, innovation, scale, and reliability will be brought to bear to address this monumental opportunity”

Boeing is the world’s biggest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. The company is a top U.S. exporter. It also supports airlines and U.S. and allied government clients in more than 150 countries. It also manufactures commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.

Greg Hyslop, Boeing chief technology officer said that

“We’re at a point in history where technological advances and societal trends are converging to demand bold solutions and a different way to travel. Boeing has the experience and expertise to safely and efficiently shape this emerging world of travel and transport. Through Boeing NeXt, we intend to build on our legacy of opening up new frontiers to move people and goods with proven technologies”

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