Blockshipping is Making the Innovative Shared Container Platform

The world economy is progressing with time and this progress is very robust which means the international trade involving import and export of goods is also increasing exponentially. The transportation of goods from one country to the other plays a key role in import/export industry. The most common and cost-effective means of goods transportation is via Sea freight and the container shipping counts the 60% of seaborne transportation but at the same time the shipping industry is facing a number of challenges including overcapacity, low profitability because of low rates caused by fierce competition, fulfilling environmental regulations and security threats.

Blockshipping has provided the solutions to the problems faced by shipping industry by introducing a new concept called Global Sharing Container Platform (GCSP) which a blockchain linked global registry of containers available all over the world. According to the statistics there are a total of 27 million metal containers available all over the world, this inventory of containers will be made accessible on GSCP platform through blockchain technology to all the stakeholders, including shipping lines, cargo operators, terminals, sea ports and the importers/exporters with real-time tracking facility. This new concept introduced by Blockshipping will help the industry to save at least $5.7 billion a year and cutting the CO2 emission by a huge amount, thus helping to protecting the environment.

With GSCP registry it will be possible to track the real-time location of containers globally which will provide an opportunity to interchange the containers among the shipping lines, thus improving efficiency and saving the expenses. This platform will also make it possible to manage all kinds of transactions among the stakeholders relating to containers handling. The Global Sharing Container Platform is a very innovative concept that will make the container handling much efficient and cost effective for all the concerned parties.

The key benefit of GSCP platform would be the real-time tracking of containers which is enabled by using blockchain technology thus making the whole process completely transparent. This feature makes it possible for the shipping lines to interchange the containers and settle the payments though the same platform in a very simple and transparent method. I personally believe that this new concept of providing a global registry of containers inventory with real-time tracking is going to revolutionize the shipping industry and the business community on the whole would benefit from this idea due to increased efficiency, transparency and cost effectiveness.

Website: https://www.blockshipping.io/
Whitepaper link: https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3502572
Twitter: https://twitter.com/Blockshipping
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