Blockchain and smart contracts are efficiently revolutionizing multitude of industries and businesses for improving efficiency and bringing transparency in all the matters. Container shipping industry has finally got attention to upgrade the mechanism and functionality of all the market players.
As per the analysis, more than 55% of the seaboarn trade consists of container shipping and its market value was estimated to be worth $12 trillion last year. It’s needless to say that industry is progressing and seeing a growth-potential in all areas. None of the current platforms are facilitating the stakeholders to get real-time location of the containers accurately, which is resulting in inefficient handling of the goods and consequently becoming expensive. The other problem that needs adressal is the utilization of empty containers that needlessly run from one place to another serving no purposes other than burning fossil fuels and corrupting the environment. For that reason, strict environmental regulations become a barrier for the growth of the industry.
Global Shared Container Platform (GSCP) is the first ever freight container registry. The platform performs multiple functions to facilitate all the participants of the industry. All concerned participants can track the location of their container accurately through this platform. This platform provides real time location and there is no other system that gives accurate locations by the time I am writing this piece.
The second most striking feature of this platform is that it gives access to the users to make transactions between several entities. The domain of these transactions is not restricted to financial transactions only but it also involves other kind of transactions through smart contract. This digital contract ensures that the system protects your interest by providing transparency of funds and accuracy of records which can’t be tempered.
The third significant feature offered by GSCP is that it ensures the utilization of empty containers. The feature has a three-fold appeal. It makes sure that you are not spending on the fuel which is not being utilized for carrying goods and transportation by providing the information of all the containers status and location. Having detailed information about the containers, the market will get all-round benefits.
The next advantage of this platform is that it burns less fuel which helps reduce the CO2 emission. There are approximately 27 million containers serving the industry worldwide. By economically utilizing the resources of GSCP, the industry will save $5.7 billion and will also help the environment by reducing approximately 4.5 million tons of CO2 emission annually.
GSCP is offering two tokens for different uses, Container Platform Token (CPT) and Container Crypto Coin (CCC). CPT token will be used for paying against the services on the platform and it will not be available on the exchanges. The value of one CPT is 1USD.
The ICO will start on 14 th May, 2018.
Total number of CCC tokens: 50,000,000
Tokens offered in ICO phase: 42,500,000
Price: USD 0.62 per token during the ICO
For more details abot Blockshipping ico visit.
Website:
https://www.blockshipping.io/
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https://bitcointalk.org/index.php?topic=3502572.0
Whitepaper:
https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
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