Bitnautic blockchain will be majorly focusing on transforming the global shipping industry with a decentralized platform, which will be connecting ship owners, carriers and shippers.
What is Bitnautic?
BitNautic is a decentralized platform, based on the Ethereum Blockchain, for matching demand and supply of shipping services, for all the industry stakeholders producers of goods, ship owners, charterers, brokers, importers and exporters.
Bitnautic will be bring a greatly development between shipping and the world 🌎.
Briefly The shipping industry is the back- bone of globalization and internatinal trade.
Seaborne transportation plays a major role in the world’s industries and society, to enabling the transport of large volumes of raw and processed material, as well as food, water and technological products.
Seaborne trade continues to expand, bringing benefits for consumers across the world through competitive freight costs. Thanks to the growing efficiency of shipping as a mode of transport and increased economic liberalization, the prospects for the industry’s further growth continue to be strong.
There are over 50,000 merchant ships trading internationally, transporting every kind of cargo. The world fleet is registered in over 150 nations and manned by over a million sea- farers of virtually every nationality.
Basically in order to sustaining that growth and on the same time, ensure future profitability for the ship owners and easy access to shipping services for char- ters and producers in developing counties, the global shipping Industry have to increasing efficiency, im- prove processes and perform a fundamental digital transformation.
More also an interesting fact about the bitnautic is that it will be coming with distinctive features like AI (Artificial Intelligence) based booking system, a real-time tracking of ships and cargo, and a wholesale e-commerce platform.
The major challenges facing the shippers but bitnautic will have a better solutions to them all includes the following:
- Finding the best options: Cargo can be moved from point to point in a number of different ways. While it’s convenient to have options, many shippers are overwhelmed or simply unaware of the many different choices they have. Understanding the shipping landscape could save time and money at the end of the day.
- Finding the best rates: looking for the best freight shipping rates can be time consuming when not equipped with the right tools or processes. Most of the times shippers have contracts in place or have to make multiple phone calls just to find the best rate for one shipment. Having a transportation management system in place could provide a solution to this problem.
- Preparation and documentation: shippers sometimes are not prepared to take on the process. From filling out the bill of lading to identifying freight classes one misstep can result in surcharges delays or customs holds when shipping internationally. Shippers must be sure to preparing ahead of time with the necessary knowledge to getting the job done.
- Shipping demand exceeds forecast: exporters and importers often find themselves short on containers or bulk shipping capacity when they need them most. This leads to delays additional costs, potential penalties and strained relations with clients as well as partners
Bitnautic token sale details.
Token Symbol: BTNT
Token Type: ERC20
Total Token Supply: 50,000,000 BTNT
Initial Distribution: 35,000,000 BTNT
Accepted Currency: ETH
Exchange Rate: 1 ETH = 500 BTNT
Soft Cap: 2,500,000 BTNT SOLD
Hard Cap: 25,000,000 BTNT SOLD
Pre-ICO Starts: May 1, 2018
Pre-ICO Ends: May 31, 2018
ICO Phase 1 Starts: June 1, 2018
ICO Phase 1 Ends: July 4, 2018
ICO Phase 2 Starts: July 11, 2018
ICO Phase 2 Ends: September 15, 2018
To know more about this project you can follow the links below:
Website: https://bitnautic.io/
Whitepaper link: https://bitnauticcdn-bb3d.kxcdn.com/public/white-paper-en.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=3351552
Facebook page: https://www.facebook.com/bitnautic/
Twitter page: https://twitter.com/BitNautic
Telegram group chat: https://t.me/bitnautic_group
My bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1176224
My ETH Address: 0x94e2fe951a7EC78a682dF49Ce5138AC169C236C3