Blockchain Tracking System For Unmanned Aircraft Planned By Aviation Giant Boeing

News | July 18, 2018 By:

Aviation giant Boeing is planning to use blockchain technology to track unmanned air vehicles.

Boeing designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. It also provides leasing and product support services. Boeing is among the largest global aircraft manufacturers, and is the largest exporter in the United States by dollar value.

Boeing recently announced that it is partnering with Texas-based artificial intelligence (AI) firm SparkCognition to develop a blockchain system for unmanned aircraft traffic management (UTM). It will track unmanned air vehicles in flight and allocate traffic corridors and routes to ensure safe, secure transportation. The system will also provide a standardized programming interface to support package delivery, industrial inspection and other commercial applications.

“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,” said Amir Husain, founder and CEO of SparkCognition. “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.”

To help advance UTM and next-generation travel and evolve the transportation ecosystem, Boeing established a new organization called Boeing NeXt, which utilizes the aviation giant’s experience in the fields of autonomous flight and advanced propulsion. Boeing NeXt’s portfolio will include the recently unveiled passenger-carrying hypersonic concept, as well as electric vertical takeoff and landing (eVTOL) vehicles that will provide on-demand cargo transport and urban air travel in the future mobility ecosystem.

“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,” said Greg Hyslop, Boeing chief technology officer. “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.”

The partnership follows Boeing HorizonX Ventures participating in SparkCognition’s $32 million funding round last month. The funds will be used for the development of a cognitive, data-driven analytics platform for the safety, security and reliability of data technology.