Global logistics and supply chain industry has experienced an unprecedented growth in the last couple of years due to the increase in economic activities.
However, the industry is fraught with challenges preventing it from achieving its full potentials . Consequently, LaneAxis was conceptualized to address these constraints.
About LaneAxis
LaneAxis, is a company that seeks to revolutionize the global logistics and supply chain industry by connecting shippers directly to carriers through the power of blockchain technology.
It plans to utilise the power of smart contracts to minimize the costs of freights logistics by bypassing the middle-man mitigating the growth of global logistics and supply chain industry .
LaneAxis, an established company with multitudes of working products and innovative patented technologies have left their footprints in the sands of time.
LaneAxis Solutions
LaneAxis,a revolutionary idea anchored on the belief that global logistics and supply chain industry is broken and therefore ripped for disruption, offers innovative blockchain-based solutions but not limited to these below.
Lower costs of Goods and higher Transparency level
The global logistics and supply chain industry is hampered by third parties who charge exorbitant fees to broker a deal between shippers,carriers,drivers and other players in the sector, before goods are shipped to their destinations. These costs trigger a chain-reaction effect starting from the distributors, to the wholesalers , down to the retailers and finally to the consumers, increasing the overall costs of logistics and supply chain.
However, with the LaneAxis platform, costs of goods will reduced drastically as the system will connect shippers directly to carriers, without the need for intermediaries.
Also, the LaneAxis platform will restore a high level of trust in the industry. Traditionally, haulage in-transit tracking are handled by human contacts. This has raised serious trust issues as freights’ real locations are not always disclosed by the drivers. In a worst case scenario, they are diverted or get lost in transit.
To avoid these irregularities impeding the smooth flow of goods from one point to another and keep the industry stakeholders aware of the whereabouts of the freights on-the-move at all times, LaneAxis platform incorporates a robust system powered by a team of tracking sensors to accurately record the real-time trucks locations,from the pickups, to the final destinations and store the details on the blockchain’s immutable public ledger, demonstrating an optimum level of trust.
A Social media platform to foster the drivers community engagements.
The trucking industry is a fragmented one where each company with its drivers exists in isolation. This has resulted in various challenges ranging from the lack of shared experience, different bill charges, time and fuel wastages caused by the longer distance taken by trucks in-transit. In cognizant of these problems, LaneAxis launches a social media moblie app where drivers can easily connect and share information on goods location, road blockages,accidents,weather updates and the prevailing traffic situations on the highway. By inaugurating a platform where ideas are altruistically disseminated, unnecessary antagonisms caused by competitions will be stifled and a new atmosphere of collaboration among the drivers will flourish.
The team: A powerful group of experienced entrepreneurs with near-perfect track records, led by the visionary CEO, Mr. Rick Burnett.
Token Economy
Links
Website: https://www.laneaxis.io
Whitepaper : https://www.laneaxis.io/assets/whitepaper/laneaxis-whitepaper-eng.pdf
ANN : https://bitcointalk.org/index.php?topic=3620267.0
Author
Arinze280
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