Transport of goods by sea is considered the most suitable means of carrying out international trading, reason being that this type of transport encourages the transport of large quantity and size of commodity, and that it is most suitable for long distance transportation of heavy and bulky goods unlike the other types.
However, the fact that it represents the best form of trading system doesn't annull the fact that it is faced with many of it own challenges. Infact, this quality makes it more exposed to lot of issues.
Part of the problems it faces is the high incidence of fraud, unsafe storage of the goods to be transported, so many delay issues, unsafe goods transport and delivery, as well as a high cargo cost charge for Merchants.
To eradicate these issues with sea trading, Cargo coin is adopted to improve this trading deficiencies by making use of cryptocurrency to control the overall sea trading, and seeks to create a good raport between the parties involved in this type of trading like the shipping lines, agents, the traders, carriers, freight forwarder and others in the international trade.
Introducing Cargo coin
Overview of the Cargo coin platform
Cargo coin is a platform which is created to establish an easy form of international trade, by creating a blockchain based market that uses smart contracts to achieve effective trading, globally. However, this platform is built on the standard of ERC223, which forsters the effective handling, management, and universal control and use of smart contracts, while preventing the overall token mismanagement and failure on the blockchain.
How the platform works
As part of Cargo coins strategy, it seeks to raise the standard value of its token, by increasing its usage on the platform by users and the establishment of a free of charge service that would help boost the ecosystem and create an avenue for users to demand for the token and shoot up the coin value.
More so, this platform has been fragmented to work in different part or segment of the sea borne trade while making use of smart contracts in each of the segment; cargo coin will be adopted for use in the connection of exporters, book agents, importers, freight forwarders and ship owners together in order to merge them in a single sub-ecosystem.
Furthermore, it would also bring about the supervision and general overseeing of all the ground based transport like the pipeline, trucks and the rail transport system. In lieu of these, cargo coins is mostly being referred to as the general purpose platform as it is not just restricted only to the sea world trade alone.
This platform seeks to connect with all manufacturers of different products using the smart contracts, with the aim of linking them directly to their customers by providing an established shipping link or an inland transport service for local deliveries.
More to this, the cargo coin ecosystem has an air cargo platform to control and utilize the air cargo transport system through the use of smart contracts for the cargo choppers, drones and cargo planes. On a final note, cargo coin established its platform to gain mastery and effective coordination of all the types of transport system, just to achieve the advancement and efficiency in the trading and transport sector.
ICO INFORMATION
TOKEN DETAILS
Token name: CargoCoin
Token Ticker: CRGO
Type: ERC223 (Ethereum Blockchain)
Total supply: 100 000 000 CRGO
Softcap: $5 000 000 USD
Hardcap: $55 000 000 USD
Token Sale: 01.04.2018 -30.06.2018
Accepted purchase: ETH, BTC, LTC, Fiat
Price: 1 CRGO = $0.50 - 1.00 USD
Originating Country: UK
Whitelist/KYC: KYC
Restricted areas: USA
TOKEN ALLOCATION
FUNDS DISTRIBUTION
TEAM INFORMATION
ADVISORS
RATINGS
If you would like to enjoy the benefit of these platform, you need to participate as soon as possible. Visit any of these links to stay updated on the project
Website: https://thecargocoin.com
One pager: http://thecargocoin.com/docs/CargoCoin-Executive-Brief.pdf
Whitepaper:https://thecargocoin.com/docs/CargoCoin-Whitepaper.pdf
Telegram: https://t.me/thecargocoingroup
Medium: https://twitter.com/thecargocoin
Github: https://github.com/CargoCoinRepo/Cargo-Coin
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Authors referal affiliate link: https://thecargocoin.com/b02539
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1954514