Ecommerce leaves no doubt to its impressive tidings that are targeted at bringing orderly patterns in global trades. As the multi-billion dollar industry is booming, the blockchain had been applied to it. LogisticsX is a unique decentralized input to the system. The focus is however on the delivery system that has been experiencing hitches in recent years.
Introducing Decentralized Last Mile Delivery
Overt intent here is to make deliveries of products faster and at reduced costs. With backing from the blockchain, LogisticsX is looking at enhancing user experience in addition to improving efficiency of warehousing.
Nagging Issues
On the first spot is delayed or missed deliveries. Most times, online shoppers have to wait longer durations before their orders are fulfilled and in some cases, they end up missing the delivery as they might not be at home when the courier service comes knocking.
Because deliveries are made to homes, there is tendency that the current hub and spoke model in vogue attracts higher costs. On a final note, one other issue that reduces efficiency of last mile deliveries is unfair treatment meted out to on-demand staff.
Most of these workers have voiced out the depressing treatment they pass through such as lack of underlying benefits (such as sick leave) that ought to have come with their jobs. To this end, LogisticsX promises to hedge these issues and pilot a framework that will make last mile solutions vibrant.
Enthroning Mono Standards
In bid to recreate deliveries in the ecommerce sector, it posits that a harmonized structure will help global, local and regional partners enjoy benefits that come with decentralized last mile logistics.
Empowering Freelancers
Before now, courier outfits recruit staff that will work on full-time basis. This is however changed as freelancers that want to become part of the system are allowed to make entrance through the help of Park N Parcel.
Understanding Park N Parcel’s Role
There was need to work with systems that have foothold in the industry. The choice fell on Park N Parcel, a logistics outfit that has lots of partners such as DHL and Singapore Post under its kitty.
The choice was because of its wide coverage and its support for freelance courier agents was among attractions to LogisticsX. It birthed Parker Points that was meant to be a collection point for parcels. With over 2,000 merchants in its fold and more than 1,500 Parker Points in operation, it became basis for LogisticsX intent on promoting freelance courier services.
Work from Home
In the spirit of freelancing, those who signed up for Parker Points can convert their bedroom to collection points. The main interest is to have a safe haven for parcel collection and facilitated deliveries.
Faster Deliveries
Haven empowered freelancing, there is expected throughput in last mile logistics. First, it is important to understand underlying concepts that are paramount in the system. First on the list is Parker Points that becomes miniature warehousing for parcels.
The second on the list are runners – agents that will run deliveries from collection points to clients on freelance basis. Finally, freelancers that aid in deliveries are known as Parkers.
The BlueWhale Connection
The Blue Whale Foundation is in the business of connecting freelancers to available jobs. LogisticsX is partnering with the foundation to promote its sharing economy that integrates everyone in the ecommerce sector.
In order to enhance freelancers’ experience on the platform, LogisticsX partnership with the Blue Whale Foundation will among other benefits, introduce extra take-home packages to freelancers such as retirement pensions. In addition, it also leverages the foundation’s network in its operations and enhancement of freelancers’ experience.
Token Sales Information
Token Name: LOGISTICSX
Ticker: PNP
Platform: ICON
Token Standard: ERC-20
Token Supply: 1 billion PNP
Soft Cap: $2 million
Hard Cap: $11 million
The LogisticsX Team
Advisors
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Writer: Collinberg
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