Posted 3 months ago | by @devadmin
Another day, another flying performance from electric drones maker EHang Holdings- IOST’s strategic partner since 2019.
January 2021, the shares of the Chinese manufacturer of electric drones were flying 500% higher than its record on November 2020, from $USD 8 to $USD $40 at the time of writing.
Blockchain, in general, and IOST blockchain in particular, have the potentials in addressing technical issues faced in the rapid-growing UAV industry. Combining the two cutting-edge technologies- UAV & blockchain creates an interesting application and will provide the tremendous potential to transform urban and rural infrastructure.
With this partnership took flight, IOST is not stopping and continues making entrances to more mainstream industries that opens mass adoption scenarios for us in the future.
IOST x EHang Partnership Recap
For the uninitiated, in April 2019, the IOST Foundation announced a strategic partnership with EHang in which IOST would provide flight data integrity and data analytics effectiveness in this new exciting aerospace project for the Civil Aviation Administration of China (CAAC).
IOST delivers to EHang a safe and reliable data management system, and a transparent, viewable entire record of data circulation from the source; all flight data is encrypted and verified and cannot be tampered with by any party. At present, the on-chain flight data is crucial, and the system has achieved significant results in practical applications.
IOST’s cutting-edge technology enables EHang in building an enterprise-level solution to protect aviation information on the blockchain more safely, making data access easier, faster, and safer.
UAVs x Blockchain- A Cross World of Powerful Technologies
The U.S. Department of Transportation (DOT) report highlights blockchain technology’s solution to air data sharing and management and trust issues in UAV by assisting in traffic management, solving data storage problems, and the trust issues of big data in UAV cloud systems.
Due to being deployed in open atmosphere, UAVs are vulnerable to being lost, destroyed or physically hijacked. Various problems in UAV networks such as intra-UAV communication, UAV security, air data security, data storage and management, etc. need to be addressed. Blockchain being a distributed ledger protects the shared data using cryptography techniques including hash functions and public key encryption. It can also be applied for enabling the trust level of the information stored and for improving the security and transparency of the UAVs.
EHang (NASDAQ: EH) is the world’s leading autonomous aerial vehicle (“AAV”) technology platform company. Its mission is to make safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with AAV products and commercial solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions.
As the forerunner of cutting-edge AAV technologies and commercial solutions in the global Urban Air Mobility industry, EHang continues to explore the sky’s boundaries to make flying technologies benefit our life in smart cities.
Recently, the State Post Bureau of China issued the “Specification for express delivery service by unmanned aircraft.”. This document was drafted by Ehang and has been officially released and implemented on January 1, 2021. As China’s first UAV delivery service industry standards document, the release and implementation are of great significance for improving the delivery services, ensuring the safety of UAV delivery services, and promoting the development of the UAV delivery services industry in China.
As a standard-setter and industry leader, Ehang has already independently developed a complete set of smart air logistics solutions. In the future, Ehang will provide more customized smart air logistic solutions for customers in logistics, retail, e-commerce, offshore petroleum & gas industries, and achieve cost reduction and efficiency increase.
Join The IOST Community!
The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by experienced blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University.
With an almost two-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships worldwide. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, over 400 nodes, top staking economy, and growing.
If you would like to hang out with the IOST community on chat, social media, or to discuss product development, we have something for everyone:
- International English Telegram Group
- IOST Announcement Channel
- IOST Official Twitter
- IOST CTO Terry Wang Twitter
- IOST CEO Jimmy Zhong Twitter
- Slack Developer Community
- Facebook Page
Original article published on IOST’s medium blog.