Blockshipping - Global shared container platform

sohaibbaig (25)in #bitcoin • 6 years ago

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The container shipping industry is an important part in the world oftrade. But this industry is facing problems from the last some years such as over capacity, security and safety threats, low rates and increasing environmental regulations. So it is the need of shipping industry to become efficient as well as improve processes. Global shipping needs fundamental digital transformation so that profitability is ensured in next years.
The platform has the biggest saving potential in the global shipping industry as it saves 5.7 billion USD per annum.
Platform is fully transparent, all financial settlements and orders of work are on distributed ledger.
Solution of problems in shipping industry:
Blockshipping is a global shared container platformwhich handles the processes in global shipping industry. The platform provides container assets which are efficient and enabled with block chain technology and the containers registered on network with real time locations in the world.
Saving potential in shipping industry:

Grey Box:
It is a pool of containers which are shared and don’t have names but managed by a company. With specific locations company will match the demands of carriers.Carriers missed out their annual savings of about three to fivebillion USD due to empty container repositioning. Another reason of this problem is the lack of the trusted platforms and also the shortage of containers. So, blockchain shipping compensate this major issue.
More about platform;
It will be an IoT platform in the world of shipping industry as it tracks the container with real time and also enables real time visibility of containers with customers.
Platform will manage the operational payments with stakeholdersrelated to shared containers and haulage.
Over view: