logistics play a pivotal role in every industry. It has to do with the flow of goods and services from the manufacturer to the consumer. As the world continues to develop, the movement of goods from one part of the world to another has become a norm due to differences in technological advancement, underdevelopment and uneven distribution of natural resource which makes some certain products and materials available in some regions than others. Food and pharmaceuticals are sensitive commodities often shipped in containers. The shipping of pharmaceuticals and food commodities require delicate handling under controlled environment in order to prevent degradation of thermal sensitive pharmaceuticals and perishable foods. This warrants technological inventions that only but a few companies can boast of at the moment. The need for shipping foods, pharmaceuticals, handheld devices, automobiles, clothing and other commodities in containers has led to exponential growth in global trade but nevertheless, the logistic processes involved in moving these products from one place to another is herculean, time-consuming, orthodox and involves almost 200 different documents/communication.
The paperwork and invoice system currently used in the shipping industry proposes an infringement on the fluidity in delivering logistic services and the need for improved logistics services in the container shipping market is definitely undeniable. Blockchain technology has proven to be an efficient tool for decentralization, data management, autonomous execution of contracts and a value system which can eradicate the presence of territorial borders in financial transactions. The food/pharmaceutical supply chain is definitely in need of better logistics powered by blockchain with high tech infrastructures to support efficient movement of thermal sensitive pharmaceuticals/ food commodities.
Introducing Smart Containers Group
Smart containers is a technology company that provides the safest temperature controlled containers for the transportation of sensitive goods and food around the world. The Smart container Group consists of pre-existing companies namely SkyCell & FoodGuardians with tremendous products and service in the distribution of thermal sensitive pharmaceuticals and food commodities respectively. Smart Container Group already boast of having the fourth largest pharma container provider and the largest air fleet of IoT containers for both the SkyCell and future FoodGuardian containers which allows tracking and tracing of goods in transition around the world, and monitoring of temperature, humidity and location of containers via IoT sensors.
The Smart Container Group already utilizes a centralized database built on parts of blockchain technology but seeks to dive fully into the logistics industry with the implementation of blockchain technology at the helm of affairs in order to create a logistic system devoid of complex and time-wasting processes for the shipment of containers, powered with a payment system (cryptocurrency) that guarantee reduced fees and payment security. The Smart Container logistic ecosystem "Logi chain" seeks to eliminate the need for paperwork involved in shipping processes.
Key Features of Smart Container
1. Smart Container Group already boast of functional products, topnotch partnership, and clientele in pharmaceutical logistics via SkyCell and seeks to establish itself as a driving force in food supply chain via FoodGuardian with partnership and first consumer deals already in negotiation.
2. The Logi Chain will keep some documents on a public blockchain like ethereum while more sensitive information and documentation regarding the logistic process in the shipment of containers will be available to different parties via a permission-based blockchain infrastructure. This ecosystem will ensure reduced costs, avoid shipping delays and reduce carbon dioxide emission.
3. Smarc Token: The Smarc token is the profit sharing token of the Smart container group and will be used to distribute dividends up to 20% from revenue gotten from SKyCell and FoodGuardian to holders of the Smarc token and participants of the Smart Container ICO. Smarc will have a total supply of 150m tokens.
4. Logi Token: Logi will serve as the fuel of the logi chain ecosystem and will be used to pay for all transactions in the logichain ecosystem. Logi token is set to be the reference payment currency for processing shipments worldwide and The logi token will have a maximum supply of 100M.
SMARC/LOGI Token Sale Details
In order to enhance global outreach, increase clientele and to scale both the SkyCell and FoodGuardian company while developing a logistic ecosystem (Logi chain) for the shipment of containers, the Smart Container Group has decided to raise funds via an Initial coin offering. The Smart Container group has set a hard cap of 36 million dollars from the sale of SMARC tokens while 20 percent of the total supply of LOGI token has been put up for sale in order to raise fund for the actualization of the LOGI chain ecosystem. The Initial coin offering started on the 7th of June 2018 and ends on the 30th of June 2018. The image below shows how the funds collected from the token sale will be utilized.
Smart Container Team
Conclusion
The crypto ecosystem is filled with projects with more hype than working products. The Smart Container project is a distinctive deployment of blockchain technology that has the tendency to facelift shipping logistic processes via the implementation of blockchain technology and also give crypto enthusiast an avenue to dive into a profit-sharing economy that guarantees wealth creation through the Smarc token. Logi chain definitely will be a success in the nearest due to the experienced minds behind the project and the utility token LOGI will be the new paradigm for payment in the logistics industry.
For more information on the Smart Container project check out the following channels
website: https://smartcontainers.ch/en/
Whitepaper: https://smartcontainers.ch/en/assets/20180502_smartcontainers_whitepaper_v2.pdf
twitter page: https://twitter.com/SMARC_ICO
facebook page: https://www.facebook.com/Smart-Containers-157874458234951/
telegram group: https://t.me/smartcontainers
BTT ann thread: https://bitcointalk.org/index.php?topic=3058528.0
Authors details
BTT name: Mrsparks
BTT link: https://bitcointalk.org/index.php?action=profile;u=1197564;sa=summary