TRIWER (CONTINUED)

APPLICATION DESIGN

The application has been designed and developed with a philosophy of achieving the following principle goals:

Resolve issues identified along the supply chain: namely overcapacity, bottlenecks and inefficiencies, lack of integration.
Satisfy the needs and wants of its users and customers: delivery accuracy, delivery options, reduced costs and monetization of spare capacity.
Become the preferred application at the moment of a decision to offer or purchase a delivery or logistics services: high value perception of service, personalization and income generator.

Blockchain technology, and especially Ethereum smart contracts, provides the logistics management platform upon which the Triwer business model and application runs.

THE ISSUE OF COINS AND TOKENS

A digital currency is key for the functionality of the technology and payment into and out of the smart contract, all transactions with the main or side blockchain must be electronic and hence Triwer’s encrypted electronic token the TRW will be the operating currency across the platform. Triwer will organize wallets for all main counter-parties and stakeholders but the mobile application will also incorporate an automated exchange application, such as ‘Coinify’, that automatically transfers Fiat currencies or other crypto currencies into TRW to transact along the smart contract.

Upon constituting and signing the smart contract, the shipper pays into the contracts inherent escrow service, which holds the TRW until completion of the contract, electronically verified by the recipient upon receipt, when all parties to the contract are paid out their respective part. Recipients of TRW may decide to store and retain TRW in order to pay subcontractors or parties of future contracts or convert their wallet balance back to an alternative crypto or Fiat currency as they decide fit.

THE BUSINESS MODEL

BUSINESS DEVELOPMENT

> E-commerce businesses (Small to mid sized) > Individual senders and receivers > Delivery personnel (couriers, crowd delivery drivers) > Online shoppers

KEY ACTIVITIES

> Partnerships with e-commerce and logistics actors and drivers > Capacity tender / price comparison > Managing delivery process > Technological infrastructure

KEY RESOURCES

> Technology > Application and delivery management platform > Partner retail businesses > User and customer base > Delivery personnel

VALUE PROPOSITION

> Users > E-commerce stores > Logistics partners

CHANNELS

> Websites > Mobile app for Android > Mobile app for iOS > Facebook and WhatsApp > Direct sales

ROADMAP