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If you ever had to order anything online, you are probably familiar with the anxieties and frustrations that involves. Shipments can be stolen or misplaced, considerable delays could occur, and even if everything goes well, receiving shipments can be a needlessly complicated process. The spread of e-commerce has made those procedures familiar to many of us, but delivery companies have yet to work out all the kinks.

https://www.nextpakk.com/

NextPakk plans to attack this problem on the proverbial last mile: The delivery of the package from a transport hub to the final recipient. Combining “sharing economy” methods pioneered by the likes of Uber and Airbnb with the Stellar blockchain, it creates a decentralised service platform. Through it, local businesses and drivers can earn money by receiving and delivering packages.

The NextPakk delivery model

Any individual could create a NextPakk profile for free. The profile will be associated with a unique customer ID and a shipping address that will be used in all operations, with any personal information remaining private. Eventually, NextPakk hopes to take this privacy to the next level by encrypting delivery labels. The user could then order a package to be delivered to the given address. It would first arrive to a nearby local partner business operating as a PDP (Package Delivery Point) and providing unused space for shipment storage. Then it would be picked up by a driver, who would deliver it to the recipient. Depending on the option chosen, the Pakka token payment could be made then or carried out through a previously arranged smart contract escrow. Either way, tokens will be distributed between NextPakk, the PDP and the driver. Deliveries will be made within an hour in the evening, and if they do not happen in time, no payments will be made.

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The first one million users will be rewarded with 25 Pakka just for registering, to stimulate early activity on the platform. Those tokens could also be used to buy products and services from NextPakk's partner businesses. In addition to the escrow service, users will have such advanced options as setting an exact schedule for their deliveries, tracking deliveries in real time and communicating directly with the couriers to sort out any potential complications as they come up. The Stellar blockchain was picked for its speed and scalability. Most of the platform fee revenues will be distributed among network nodes.

What does NextPakk bring to the table?

NextPakk's services should make online shopping an altogether less stressful experience, as well as a more reliable way of acquiring goods. It offers the blockchain advantages of transparency and privacy, as well as convenience and control, to a target market that is known to value all of those things highly. Additionally, it would be very useful to retailers in terms of attracting and retaining customers, and might prove popular with pharmacies and health care providers by making it easier for their patients to use electronic prescriptions.

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NextPakk has already been tested and went through several iterations before moving to the blockchain. Its pilot program proved the effectiveness of the core business model on a small scale. The NextPakk team consists of experienced software developers and entrepreneurs. So far, it has attracted several partners in different fields, including e-commerce firms and the BitNautic shipping platform. It has also received high ratings thanks in part to its active engagement with the community. Some part of it may also be because of its lofty yet plausible-sounding plans, such as helping the environment by streamlining deliveries and expanding into Sub-Saharan Africa to offer a new way to meet the complex logistical needs of developing countries there.

https://www.nextpakk.com/

Token sale details

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As of August 19th, the NextPakk ICO has been temporarily frozen in response to adverse market conditions, to be resumed at some point between late 2018 and early 2019. Current investors are allowed to withdraw funds.

The last piece of the logistics puzzle

While the ICO is on pause, NextPakk will continue its marketing and partnership outreach program. Although this is a setback, NextPakk's basic value proposition is probably strong enough to survive it, combined with its proven expertise and technology. The last mile is the most important part of the delivery, as without it, the rest is pointless. If it can be effectively improved, that could make a huge difference for both customers and businesses.

The sharing or access economy has had a number of major successes so far, and this could be another one. If NextPakk can find enough partner businesses with unused space and enough drivers wishing to supplement their incomes, it might follow Uber and Airbnb into becoming a household name.

Links:

Website: https://www.nextpakk.com/
WhitePaper: https://bit.ly/2BCeOkz
Telegram: https://t.me/nextpakk
Facebook: https://www.facebook.com/nextpakk
Twitter: https://twitter.com/nextpakk
Medium: https://medium.com/nextpakk
ANN: https://bitcointalk.org/index.php?topic=3340387.msg34956348
Author: https://bitcointalk.org/index.php?action=profile;u=980049

Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.

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