GSCP - Transformation of Shipping Industry with Global Containers

ndox (10)in #blockchain • 6 years ago

The blockchain-based GSCP platform is the world's first freight container registrar and the first global platform that allows all players in the shipping industry to carry out various deals related to container handling.

Major industry players have shown great interest in supporting the GSCP platform. It's been funded by private angels and Danish Maritime Fund, and platform development has begun. But to further accelerate development and reduce time to market, we have decided to do ICO which will be open for public sale May 14, 2018.

"The GSCP platform will enable potential savings for the global container industry at least USD 5.7 billion per year."

"The GSCP platform is expected to reduce global CO2 emissions by at least 4.6 million tonnes per year."

here's a video presentation video from the GSCP and ICO platforms

Distribution of Tokens and Fund Sharing

Total number of CCC tokens issued: 50,000,000
Number of tokens offered during ICO: 42,500,000
The number of tokens owned by founders and advisors: 7,500,000
Tokens to be sold during pre-sales and ICO: 40,000,000
The number of tokens to be awarded as a bonus: 2,500,000
Price per token during ICO: USD 0.62
ICO's total revenue: USD 24,800,000

Currently no solution

Today, the container shipping industry accounts for around 60 percent of all the world’s seaborne trade. But this hugely valuable industry has been troubled for years by challenges like overcapacity, low rates, security threats, and increasing environmental regulations.

It is a well-known fact in the industry that the global shipping needs increased efficiency, improved processes and a fundamental digital transformation to ensure profitability in the future and to comply with environmental regulations.

That is why we are creating the Global Shared Container Platform – GSCP.

A neutral, global platform

GSCP is a neutral, global platform for all the players in the container shipping industry – carriers, ports, terminals, transport companies, and more.

In the world today we have more than 27m metal freight containers, and we are creating the world’s first blockchain based registry that will allow the industry to keep real-time track of all containers. At the same time, the GSCP platform will enable the industry players to efficiently manage all kinds of transactions related to container handling.

The Global Shared Container Platform is an incredibly strong idea with a significant potential for the container shipping industry.

The ICO

First Nordic shipping ICO

The GSCP ICO offers a unique set of token features including a Revenue Sharing Model as well as a Market Maker Fund that allows ICO contributors to sell their coins back to the platform at a floor price until Blockshipping has met certain fixed milestones.

The GSCP token model involves the issuance of two tokens:

• The internal utility token, Container Platform Token - or CPT

• The external Revenue Share Token, Container Crypto Coin - or CCC.

CPT will be used for clearing and settlement of transactions between the users of the platform. These transactions will cover services related to global container handling. A percentage of the revenue from the transactions goes to a Revenue Share Pool and is passed on to the owners of the CCC tokens.

Increasing quality

The GSCP ICO is not only the first Nordic shipping-related ICO. It is also the first ICO to be based on a new Danish framework called The ICO 2.0 Framework. The framework is expected to be published in May 2018 at the opening of the GSCP public token sale.

The purpose of The ICO 2.0 Framework is to increase the quality standards for ICOs making sure that future Danish ICOs:

are 100% compliant with Danish law,

aim at the highest standards in terms of security and quality of coding,

promote openness, transparency, and honesty, and

follow a strict code of conduct when it comes to communications and relation building with the ICO stakeholder groups.

The ICO 2.0 Framework is being created by the largest law firm in Denmark Kammeradvokaten/Poul Schmith in collaboration with the Nordic fintech advisory firm Norfico.

Roadmap

Q1 2018

Platform Design/Prototyping
Blockchain Platform Selection
Smart Contracts Design

Q2 2018

Platform Design/iPaaS Integration
Smart Contracts Development
Platform Implementation
Data Population

Q3 2018

Smart Contracts development
Mapping of Customer EDI
data migration
Soft Launch

Q4 2018

Data Migration
Training/Preparation

Q1 2019

Cut-over
Hyper Care/Transition

Team

We have built up an incredibly strong team of highly competent people with either long experience in key positions in the container shipping industry or with expert knowledge and genuine hands on experience about blockchain technology or smart sensor technology and the use of IoT in a shipping context.