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Hedera Hashgraph (HBAR) Forms Partnership With UK Government To Build Air Traffic Control Infrastructure

by Daily Hodl Staff
January 11, 2022
in Altcoins, Fintech

An enterprise-grade altcoin that’s focused on security and regulatory compliance is looking to go airborne after securing a major infrastructure partnership.

In a new blog post, Hedera Hashgraph (HBAR) announces that aviation technology firm Neuron has harnessed the power of its network to successfully test new methods of air traffic control in the United Kingdom.

[adinserter block="1"]

Initial trials using sensors were conducted last April and October “to demonstrate the capability to safely track the movements of military, enterprise and government drones once out of visual line of sight.”

Neuron’s chief control officer Niall Greenwood explains how the technological innovations could lead to real-world use cases.

“Until now, drones have had limited benefit for governments and private enterprises, because they could not be flown safely out of line of sight and therefore, could not be used for long-distance deliveries, transport or inspections.

With this trial, leveraging Hedera Consensus Service, we have made unmanned, long-distance drone travel possible using safety-critical aviation infrastructure.”

Further proposed applications also include assisting the medical field with remote testing as well as the delivery of supplies to remote areas.

According to the report, funding for the sensor trial came from the UK’s Department for Business, Energy and Industrial Strategy.

Hedera Hashgraph co-founder Mance Harmon says of the successful test,

“Through this trial, Neuron has exhibited an extraordinary feat, allowing unmanned drones to safely exist in the sky.

The Hedera Consensus Service enables the use of drones to transport essential equipment across long distances, which has enormous implications in the fields of healthcare and national security in particular.”

Hedera is governed by two dozen of the world’s leading organizations, including Boeing, Google, IBM and LG Electronics.

The Hedera altcoin began 2021 priced below $0.04 and climbed to an all-time high of nearly $0.57 back in mid-September. It closed the year valued at $0.29.

HBAR is the 34th-largest digital asset by market cap, currently down 3.87% on the day and trading at $0.26.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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