Red Cat, a manufacturer of data recorders for drones, has teamed up with GoChain, a blockchain startup, to move drone data analytics and services onto blockchain.
With the new blockchain solution, a variant of the Ethereum blockchain, drone flights can be monitored with absolute integrity based on such data like GPS coordinates, video, photos, and flight and telemetry logs on a distributed ledger.
“We’re full speed ahead on the commercialization of our blockchain black box and distributed storage system to move the drone industry forward and make the skies safer,” said Red Cat Jeff Thompson.
As a reminder, last month, Walmart filed a patent application for a drone delivery service backed by blockchain, which allows drones to exchange flight logistics information.