For the first time, the concept of blockchain + ship navigation system is also seen, whether there are people in the industry can explain what pain points it can solve?
Most of all maritime accidents happens because of
1) Lack of awareness
2) Lack of communication
3) COLREG violations (COLlision REGulations)
These incidents covered by one term: Human error.
We are trying to make a semi-automatic navigation system, which can predict actions (requires action from watch officer) or even make maneuver itself (if both vessels equipped with our system. No action required from Later on, I'll call it NGB).
Why blockchain? Because it secure! If you using a system, which controls vessel with few billions US Dollars onboard, your vessel MUST be protected from every part.
Physical security of vessel is easy of achieve - just put barbed wire and water jet blasters on ship's side, and she will sail safely. This practice is not overkill - this is recommendations from UKMTO for High Risk Area. Compiling to these recommendations helped to reduce piracy a lot.
But we are not talking about physical security here. Quite important to understand, that cybersecurity is much more important these days. Imagine situation, where you are ships owner and your fancy drone ship has hijacked with just a laptop, GPS spoofer and few lines of codes. Of course, you will be mad!
This is why, all commands from shore or onboard should be encrypted and logged. All radio signals should be cross-checked.
Usage of blockchain is just a small part of a giant development, which not just should, but must be done.
Otherwise, industry will stagnate or even worse.