LOGISTICSX Platform: Communicating Among logistics stakeholders

LOGISTICSX Platform is a decentralized platform that links worldwide stake holders including e-commerce retailers, third person logistics, collection spots recipients into the many trustless systems. LOGISTICSX Platform goals use modern technology of Block-chain to make a decentralized system that'll change the last mile logistics. They're envision that the trust less nature of their system in the last mile procedure such as the e-commerce retailers, 3rd person logistics firms, end recipients as well as logistics couriers

LOGISTICSX Platform will strive to demonstrate how tech of block chain can be applied to solve issues and exploit many chances. Based on the submit report of Accenture and DHL, block tech has demonstrated the power of enhancing clearness and traceability in the system.

11 network, potentially letting more parties to contribute to the system without trust. Currently, there has been a trend that tops to frequent issues related to the absence of a worldwide solution, according to which logistics organizations would meet the needs of the future. Thus, armed with the communal experience and knowledge, the project group intended to use block-chain tech to solve the pressing issues and use the opportunities, via the applying of the LOGISTICSX Platform structure.

Extreme Challenges within the walk delivery zone

The conventional supply business is facing increasing stress to stay up with the damage from e-commerce and alternative fields.

The package is also incomprehensible every .6 Packages delivered. This extreme Package delivery break down rate is attributed to the growing quality from the associate degree evolving super life style and task patterns, folks are a lot of normally on the go and not capable to be at a provided spot for a team time to join incoming Packages.

It's determined that supply corporation within walk delivery field the stress on their existing completion model as on like clients request for faster and higher completion experiences. Moreover, redelivery tries for lost or breaks down Packages greatly will enhance the costs bear by the delivery corporations.

The existing air transport system delivery shape is vulnerable to inherent inefficiencies and a bit delays that end in higher operational cost and fewer margins. The Spoke & Hub model, that relates delivering Packages from one store to individuals houses, is adopted by most supply firms.

Susceptible to some delays within the hub or a few of the spokes, that supplementary dampens package delivery potency. Bigger integration and synchronization among contributors are required to further improve the e-commerce know-how to fulfill present client demands and to build the most the gains from strength enhancements.

Treatment

The development is made and allocated to all or any contributors to the supply plan in an exceedingly wide honest and clean way. The welfare on demand worker, offering service as supply couriers, lean to be neglected under this model. With old sectors being stops by sharing financial model via the likes of UBER, Supply firm is presently turning to on demand workers to save many of on fastened operational rates.

LOGISTICSX Platform to develop a localized block system with the aim of linking global chain of supply shareholders, 3rd person supply and e-commerce retailers and people organizing parker purposes, individual’s couriers supplying packages and package recipients in an exceptionally multiparty trust free system. LOGISTICSX Platform can inquire for to demonstrate however block chain tech is wont to resolve the challenges and spout on the opportunities as described above part. As we mention before Supported a printed report by Accenture and DHL, block tech has shown real potential capabilities to improve the clearness and traceability within the stride delivery network.

The benefits of the project:

• Reduction of missed package deliveries. LOGISTICSX Platform attaches worldwide e-commerce retailers and logistics firms with Parker spots in an optimized way, this will effectively decrease the amount of missed packages.

• Growing the efficiency of delivery of packages. An effective multi-party system that gives worldwide logistics supply can be unchanged and reliable.

• Development of working states for freelance logistics couriers. Gives freelance logistic couriers the chance to obtain service advantages in a shared wealth model.

LOGISTICSX Platform aims to convert the last mile delivery zone by growing security and clearness while reducing disintegration among the logistics stakeholders.

LOGISTICSX Platform wants to use block technology to generate a decentralized policy that adapts the logistics of the Last Mile. They assume that the unquestioning nature of their policy will give the basis for a harmonized system among the different stakeholders linked in the last mile course, such as third person logistics corporations, logistics carriers, e-commerce retailers and concluding recipients. LOGISTICSX Platform provides a worldwide standard for contact between logistics stake holders to amplify efficiency, lucidity, and safety in the worldwide supply association.

LOGISTICSX Platform is partnering with the Foundation of Blue Whale, a block chain dedicated to the financial system of concerts, where free workers can contribute in a shared wealth, assuring that they correctly recoup their attempts. With this, they empower employees who'll lead the subsequently generation's logistics financial system to the last mile.

Advertising logistics to a decentralized, gig based financial system needs a method of rewarding and paying all stake holders. Their cooperation with the Foundation of Blue Whale will permit us to do this, assuring that each one will receive their involvements. Using the Foundation of Blue Whale, the account director will track the prizes received by gig financial system participants via their activities.

For instance, runners who do a certain figure of packages each week will collect a bonus reward via this system. A payment bank is a means of paying and obtaining rewards and PNP tokens to interested parties. With this ecosystem, lucidity and reliability in the allocation of LOGISTICSX Platform tokens will be ensured.

LOGISTICSX Platform Blockchain Overview

LOGISTICSX Platform will utilize multiple techs to establish a best system for Trustless link and the variety of stakeholders involved. It's planned that the first deployment of the LOGISTICSX Platform system will be a Decentralized App (D App) on the Foundation of ICON (ICON) Block-chain. This will give complete interoperability with collaborator networks such as Blue Whale (Blue Whale Foundation) Block-chain. This will be additional explained below.

LOGISTICSX Platform architecture will consist of numerous components to improve modularity for reusability across the core 3 apps – LOGISTICSX Platform Mobile and Park N Parcel Application, Web Application, and the LOGISTICSX Platform API Endpoints.

LOGISTICSX Platform Mobile and Web App

LOGISTICSX Platform will setup a mobile and web app to streamline applicable communications for consumers of the LOGISTICSX Platform system, this will target Runners, Parkers, and parcel donors. Apart from existing collection and delivery activities, the D-App sequel functionalities of their platform will authorize users of the system with the capability to reach their token store, involvement and activity statistics, and many more.

In order to make sure rapid rollout across the entire platforms, LOGISTICSX network will be aiming towards a familiar codebase compatible across Android, iOS, and desktops, with a Rails REST full API backend.

Park N Parcel App

It's planned that Park N Parcel’s app will also be set up as a D App which links to the Trustless bond part of the LOGISTICSX Platform Block-chain, where the making of package data and time stamp as the package moves from one side to one more will be done. The D App will write to and read from the LOGISTICSX Platform Blockchain via a series of safe RPC/API/IPC calls, and via these updates, consumers will be capable to know in an actual time where their package is, who are holding their package, and when they can wait for their package to arrive.

LOGISTICSX Platform API Endpoints

LOGISTICSX Platform API endpoints will also be made avail for medium and small-sized collaborators or merchants who'd like to programmatically reach the services in the made system but are not capable to host a complete node by themselves.

Simple to apply HTTP based APIs are being given to let individual retailers to simply integrate with the LOGISTICSX Platform system, and as and where needed, JSON compliant information can be returned for additional parsing and processing as necessary by superior partners or merchants.

Proposed Allocation Details and Token Generation Event

• Pre Sale: 15 Jul 2018 - 31 Aug 2018 (already ended)
• Public Sale: 3ed Sep 2018 - 30th Sep 2018 (USD 0.04 = 1.0PNP token)
• Ticker: PNP
• Platform: ICON
• Country: Singapore
• Accepting: ICX, ETH, and BWX

Total Raised
• Soft Cap: USD 2,000,000
• Hard Cap: USD 11,000,000
• Total Tokens: 1,000,000,000 PNP
• Available For Sale:40 percent
• KYC Required: true

Proposed Token distribution and Use of Proceeds

Their Token Sale will consist of 40 percent token distribution of all PNP that'll ever be generated. Unsold Tokens will be destroyed after the finish of the Public Sale. 20 percent of the PNP tokens will be distributed as the Company’s reserve, while one more 20 percent will be distributed as the community’s reserve.

The tokens distributed as community reserve will be locked-up and released 1 month after every public announcement. 15 percent of the PNP tokens will be distributed to the Team and consultants, and these PNP tokens will be locked up for up to 2 years. The team will steadily receive ¼ of their distribution every 6 months after the conclusion of the Public Sale. 5 percent of the PNP tokens will be distributed for other expenses that the corporation might incur.

For More Details of this such an amazing project, LOGISTICSX Platform visit these following links:

• Official Website: https://logisticsx.io
• Whitepaper: https://logisticsx.io/documents/LogisticsX-Whitepaper-V1.4-11-June-2018.pdf
• Telegram: https://t.me/LogisticsX
• Twitter: https://twitter.com/LogsXOfficial
• Medium: https://medium.com/logisticsx

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