Start Up Wants To Launch Flying Taxis Using Blockchain

Nairobi, Kenya is planned to be the site of a new flying car taxi service, one of 23 cities where the Vertical Take-Off and Landing (VTOL) urban flying taxi service is planning to launch.

It’s a futuristic idea that does not have concrete evidence that it will find the funding to work, and at a cost of $8 per minute the service will be much more expensive than alternative ride-sharing options.

The VTOLs will be two or four seat contraptions and fly a maximum of 1,000 metres above ground. There is still no working prototype, and until enough money is raised to build the first flying taxi, it’s impossible to predict the success of failure of the venture.

One of the more difficult selling points of the idea is that there will be no human pilots, but on the other hand more opportunities should develop for engineers, drone researchers and talented software specialists with a nose for writing code to make this project feasible.

If attractive software flows out of the labs, venture capital may follow.