Nowadays, containers are actively employed in the maritime trade industry (60%). The total turnover in this business domain was equal to $12 trillion in 2017. Nevertheless, the shipping industry is facing many obstacles nowadays: the overload capacity, low prices for freight rates and so on. Besides, there are strict environmental standards and, in their turn, safety regulations leave much to be desired.
Moreover, there exists is a vital problem today: empty containers. According to the stats, containers mostly just stay empty during their economic life. And that is completely unprofitable, from a commercial point of view. What is more, this problem affects the environment. Thus, many companies engaged in sea industry lose about $15 - $20 billion every year. So, we really need technological help here to create innovative solutions for empty containers tracking. Let’s welcome Blockshipping company and their Global Shared Container Platform (GSCP).
Global Shared Container Platform (GSCP)
It’s time for a renewed tracking method for containers worldwide that integrates both a special blockchain system and a register, solving the major problems of the sea business.
Denmark Marine Fund has already started cooperation with Blockshipping and provide financial resources for the developers. Now, Blockshipping are holding ICO to raise additional funds, necessary to speed up their economic development.
GSCP aims at the creation of a comprehensive and smart shipping containers register. They will employ blockchain for their solutions development. This innovative register marks all the containers and tracks their locations. Users worldwide would be able to watch these data in real time. So, any container may be tracked from any spot of the world.
The Blockshipping teamintendsd to occupy 60% of this market and register about 16 mln containers.
Now let’s see the main directions of the GSCP perspectives:
- To get the position of the first platform providing financial operations between all the parties dealing with the sea containers in their business;
- To elaborate a special tracking system for all containers;
- To become the first platform with IOT in the sea business;
- To monetize all containers data using AI with machine learning.
The mechanism of work
Blockshipping GSCP uses a special app connected to GreyBox. The latter stands for the application used for container data distribution to different companies. In addition, a special system for container booking and registration is also elaborated by GSCP.
So, the container transportation and location data would be fully controlled.
It’s worth adding that the project will develop a special blockchain system. This resource would provide the safety, scalability, monitoring and flexibility having a good combination. It will also provide low expenses for financial operations and the reduction of the cost of energy resources.
Worth adding, Blockshipping applies the "Coco framework" developed by Microsoft. This is a special resource having the code with a source that is open. It allows user to adjust the network of the blockchain system having a large scalability. This would speed up the integration of the system provided with the blockchain into the whole crypto economy structure. This aspect would be achieved through a system using the following apps:
- Execution environments (TEEs);
- Intel SGX;
- Windows Virtual Safe Mode (VSM).
Summing up, GSCP will allow many industry players to collaborate, perform some services dealing with exchange and organize financial operations in a decentralized environment that is regulated by the nodes that are engaged into the system. It’s highly transparent and provide confidentiality control, which means users’ trust.
Let's briefly consider the main details of the ICO
The Blockshipping ICO is open, to participate, you need to follow the link: Participate in the ICO
- Total number CCC tokens released: 50,000,000
- Price for one token on ICO: USD 0.62
- Hard Cap: USD 24,800,000
- End of ICO - 14.06.18
- There are two tokens types that are going to be sold:
- (CPT): Internal Container Platform Token
- (CCC): External Container Crypto Coin.
Ethereum platform will regulate all the tokens. The Blockshipping resource would use the internal token.
The holders would have the possibility of selling the type of the second token, that may be exchanged for Ethereum.
Conclusion
We have an entirely new project that has no analogs, which covers a vast industry with an impressive multi-billion dollar capitalization. Blockshipping can solve the most critical problems in this industry, which can not be solved with the help of standard technologies. This industry currently needs blockchain.
I believe that this project has excellent chances of success, many large investors have invested in this ICO. A considerable amount of money has already been collected during the sale of the tokens. In many crypto-currency communities, this project is often discussed, he is known.
The chances are high that the distribution of tokens will fall into the phase of market growth and then we will see good grow of tokens, much higher than ICO prices.
With detailed information about the project you can get acquainted with these links:
Official website
Whitepaper
Bitcointalk ANN Thread
Bitcointalk Bounty Thread
Telegram
Youtube
Bitcointalk Username: CapnBDL
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=212645
My Ethereum address: 0x577FA2553Af35908072Af7fc61270fd98022002b
