Blockshipping aims to create a better system without compromising or affecting the business flow in general. The platform focuses on the container shipping industry, but it is going to elevate the service to a higher level to improve quality, performance, and also efficiency.
Container Shipment and Its Challenges
Container shipment plays a huge role in the global distribution and delivery. It is unfortunate, however, that the sector still relies on the traditional system with an outdated technology. The tracking system doesn’t really offer the real-time system, which makes the operation difficult. Yes, they can still trace the shipment but since it is not done in the real-time manner, mistakes and errors are still common. Moreover, the overall handle and management are still confusing and complicated because no one has come with a simplified system.
Blockshipping Role and Function
Things are about to change, thanks to Blockshipping. The platform is determined to create a simpler mechanism by incorporating only the advanced technologies. The development team has included blockchain technology, cryptocurrency use, a smart contract, and also real-time tracking feature. When combined together, the result should be marvelous.
The blockchain technology is meant to create a decentralized platform, meaning that there won’t be a superior ruler or whatsoever that would monitor and control everything. It will improve transparency and safety. The cryptocurrency is used to boost efficiency and payment easiness. Forget the old school fee collection that is filled with errors. Cryptocurrency will solve the issue. Not to mention that this platform has created two different types of tokens – one is functioning as the main currency whereas the other one is for investment. The one for currency is the CPT and it is used for activating the service, resolving issues, and such a thing. The one for investment is the CCC. Both of the tokens are used in the cryptocurrency application and mechanism, so it is super easy to monitor, control, and use.
Not to mention that real-time tracking would be included, which will affect operation and efficiency. Real-time tracking would make everything so much easier. And there is the smart contract – a perfect feature that will create a solid and safe platform when combined with the blockchain system.
Possible Obstacles
Keep in mind that despite the major benefits offered by Blockshipping, there isn’t any actual product yet. Designs and prototypes are set in the first quarter of 2018 so we haven’t seen any actual achievement just yet. It would be great if they can make it comes true and deliver all of the promises. You have to admit that it is a pretty ambitious project with tons of technologies. Will they be able to make it? Hopefully so. If they are determined enough, anything is possible.
Consulting the whitepaper can give you ideas but it would be wiser if you can talk things through with the investment experts. Don’t be easily swayed away with sweet words only – keep your head and think things thoroughly before taking part in Blockshipping token sale.