The shipping industry is an aged long sector that has played a key role in the development of the human society over many centuries ago. The contributions of this industry in today's world economy is unquantifiable as global transportation of goods through sea routes is considered the cheapest and most economical; commercial bridges have been built between widely separated parts of the world through this industry. However, the shipping industry is threatened with serious issues such as overcapacity, insecurity, environmental regulations and low rates. These are serious matters that need immediate attention if sustenance and more profitability of the industry is an utmost priority to the sector.
Solution
The blockchain technology is a digital and decentralized ledger that records all financial transactions. This technology is being applied in many industries to achieve cheaper, faster, secured and more transparent transactions. In the context of the shipping industry, blockchain technology can be effectively deployed to ensure maximum transparency in container inventories, financial transactions and container interchanges between importers and exporters through its (blockchain technology) joint ledger records.
Global Shared Container Platform (GSCP)
The Global Shared Container Platform (GSCP) is a blockchain based container registry which takes full records of the locations of containers all around the world within a real-time frame. This platform enables stakeholders in the shipping industry to minimize costs and decongest the container records based on real-time data exchange. Furthermore, GSCP will equally serve as a very relevant tool for managing operational payments clearing relating to haulage and interchange of containers.
Best Features
- A Shared Platform for Industry Stakeholders: This platform is jointly used among stakeholders/customers in the shipping industry such as port authorities, carriers, terminal operators, leasing companies, freight forwarders etc. The GSCP enables its numerous customers to carry out variety of other shipping functions efficiently while saving cost.
- Digitized CSC (Convention for Sale Containers) Plates and Sensors: To ensure the container's safety, GSCP comes along with a Digitized CSC Plate technology which helps banks and leasing companies to minimize losses in event of any container bankruptcy. The Digitized Plate ensures all digital compliance of financial records / information that are of interest to banks and leasing firms. With its sensor technology in place, real-time tracking of containers is deployed to provide real-time visibility of containers to all stakeholders.
- CCC (External Token): GSCP's external token CCC is an ERC-20 based token on the Ethereum blockchain network. CCC serves as a way to fund GSCP for further development through the acquisition and integration of other companies into its fold. As a way to motivate customers, holders of the CCC token will be rewarded with a reasonable portion of the revenue accrued from the transactions on the platform(GSCP). In addition, the CCC has the future potential to be used as a currency to build new containers with the introduction of blockchain container investment syndicates which serves as an escape route to lower leasing cost.
Token sale details
start date: may 14th, 2018
Total number of CCC tokens issued: 50,000,000
Number of tokens offered during the ICO: 42,500,000
Number of tokens held by founders and advisors: 7,500,000
Tokens to be sold during pre-sale and the ICO: 40,000,000
Number of tokens to be given as bonuses: 2,500,000
Price per token during the ICO: USD 0.62
Total ICO revenue: USD 24,800,000
Team
In order for a project to achieve its aim, the team behind it must be up to the task, the team pushing this project forward has all it takes to achieve their objectives.
The partners incorporate blockchain specialists, crypto lovers and different technocrats who have faith in the ability of blockchain. With the level of engagement and progress the team has achieved so far, I believe they will deliver.
For more information
Website: https://www.blockshipping.io/
Whitepaper: https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
Telegram: https://t.me/blockshipping
Facebook: https://www.facebook.com/blockshipping/
Twitter: https://twitter.com/Blockshipping
Btt ANN: https://bitcointalk.org/index.php?topic=3502799.0
My bitcointalk profile link:
my bitcointalk username: sparklins4u
https://bitcointalk.org/index.php?action=profile;u=1708600;sa=summary
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