Blockchain is all Set to Revolutionize the Drone Industry

Blockchain is all Set to Revolutionize the Drone Industry

Naveen Joshi 15/01/2019 3

By combining blockchain and drones, organizations leveraging these two amazing technologies, can address cybersecurity risks, manage air traffic, and enable strong geo-fencing.

While drones have been around for almost a century now it is only recently that they are gaining momentum in unique application areas like goods delivery, agriculture, wildlife conservation, weather prediction, and so on. Although the use of drones hasn’t still become commonplace, a future that witnesses widespread adoption of drones across the globe, is foreseeable. But, as the adoption of drones becomes prevalent, a host of challenges will also surface, hindering the mainstream adoption of drones. Here are a few such challenges:

  • Growing air traffic
  • Increasing cybersecurity risks
  • Stopping drones from entering prohibited areas

FTo overcome the above, and other such, challenges associated with drone application, the commercial drone industry is looking at this fantastic technology - the blockchain. When blockchain and drones are combined, a new infrastructure is created, which ensures increased security, enhanced safety, and reduced collision rate.

Demystifying the Potential of the Blockchain

For quite a while now, we see an increase in the adoption rate of blockchain worldwide. But, what makes blockchain so special? The technology, which came into practice in 2009, pioneered a new way for companies to operate their business with high-level security, trust, safety, efficiency, and transparency. Due to blockchain’s potential to deliver such incredible attributes, most of the organizations across the globe are today harnessing the power of blockchain. Let’s see how the drone industry utilizes blockchain and its potential for addressing the challenges outlined above, thereby transforming the drone industry completely.

Combining Blockchain and Drones

It is quite obvious that as the adoption rate of drones increases, the risk of drones colliding with each other will also increase. Clearly, for addressing such an issue, drones require a new infrastructure that facilitates a robust traffic management system, while at the same time ensuring global-level connectivity. The current simplistic drone traffic management system lacks the required accuracy, efficiency, and safety in controlling the increasing density of air traffic. This is where blockchain holds promises. As blockchain offers a decentralized ledger for storing data, drones can update the information about their location in real-time on a blockchain-based global ledger. As the data on a blockchain network is publicly accessible, drones can keep track of other drones that are flying around the same time, thereby avoiding crashes. Additionally, the information on prohibited areas will be updated in real-time on a blockchain ledger, preventing drones from entering forbidden terrains.

While we are talking about challenges, how could we forget mentioning hackers? What if hackers attack a particular drone by transmitting unwanted and counterfeit information, thereby overwhelming its controller and impelling an urgent landing? What if hackers hijack the drones and use them for an unethical or illegal purpose? What if attackers inject malware into the drones, causing them to crash? Quite frightening, right? However, by incorporating blockchain, the drone industry can deal with such cybersecurity risks effortlessly. As blockchain is secured via cryptography, drones can access and share data only if they are legitimately a part of a blockchain network.

Blockchain-powered drones create a new wave of technological revolution, providing optimal route planning, traffic congestion control, robust geofencing, and most importantly, strong cybersecurity approach.

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  • Wayne Fethers

    The distributed nature of blockchain introduces a lot of adoption challenges.

  • Jeanette Pierce

    Perhaps the biggest challenge in the way of mass blockchain adoption in the drone industry is scalability.

  • Luke Richards

    Future drone solutions will need to be provisioned with cryptographic material

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Naveen Joshi

Tech Expert

Naveen is the Founder and CEO of Allerin, a software solutions provider that delivers innovative and agile solutions that enable to automate, inspire and impress. He is a seasoned professional with more than 20 years of experience, with extensive experience in customizing open source products for cost optimizations of large scale IT deployment. He is currently working on Internet of Things solutions with Big Data Analytics. Naveen completed his programming qualifications in various Indian institutes.

   
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