ShipChain - Revolutionizing the Logistics Market.

Although new innovations and technology have solved a lot of problem, it seems that the technology has not really been directed or adapted hitherto to shorten the gap between where products are created and where they are needed.
‎ShipChain.io is a blockchain based technology which has come to shorten and secure the gap between products creation and product consumption. It does this by creating a market controlled by no one(a decentralized market) for both business and delivery service providers and then tracing and tracking the geographic waypoint of the smart contracts. ShipChain.io revolutionizes shipping in the following ways;
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End to End Tracking

‎The major chasm between producers and distributors has been the reason behind the fear of distributors engaging in large scale shipping of products. They feel left in the dark as the ordered products make their way to them, leaving them on tenterhooks. The presence of a trace and track system integrated from start to end of the supply chain provides involved clients and businesses with the confidence that ordered products are en-route to the pre-approved destination.
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Incentivized Responsibility

This market technology rewards operators for finding the fastest and most efficient routes or means of shipping products and delivering them on time. About 30% of tokens created in total are reserved for operators who keep the system going. This motivates these delivery service operators to upgrade their services and increase their profitability. Handling end-consumers products with more care because of the recognition of the proportionality of incentive to services rendered. This comforts the end-consumers.

No Middlemen

The marketplace connects retailers or end-consumers directly with products creators and delivery service providers. This eliminates the need for middlemen which charges for services reducing the profit of products creators and equivalently increases price at which end-consumers can get the products. The elimination of middlemen potentially increases the profits of producers at no detriment to the consumers.

Full Visibility

Missing freights has been a major quagmire in the transportation of goods and services. This may be because of carrier, route or any other factor, the availability of history data helps reduce the odds of freight loss. Also the information about the validity of the products carried are easily visible to checks and measures without hampering the confidentiality of the clients.

Use Case Scenario

Mr Okafor is a local mercedes spare parts dealer, he has been into this business for about 5years now. He only had the contact of a middle who charged him exorbitantly and did not give him any guarantees as to the arrival of his ordered spare parts. After ordering spare-parts, he usually didn't know about the whereabouts of his products, worried about this, he always contacted his middleman who also was not sure about where the spare parts was, at the moment. Hence he could not schedule a time for sales to customers. This caused him to lose a lot of customers, as he wasn't reliable. Sometimes the paper tracking and tracing figures were altered by carriers or at checkpoints. Also stacking up these documents overtime becomes cubersome and poorly indexed, making it difficult to access need files at a particular time.
‎Mr Abu on the other hand Just got into this spare parts business and he is trusted by his customers because he could schedule with them, time for collection ordered spare parts from him. He never worried about his freights and they happen to arrive exactly when he told his other spare parts dealer after a short look at his phone. Concerned about his worrying co-dealers he enlightened them on how to use ShipChain. Opening the ShipChain.io mobile app met with his spare parts producer, agreed on which delivery service that would be used and the smart contract was done. His cargo was on its way and he could monitor every freight on any route.
‎Amazed by this, Mr Okafor quickly gets the user friendly mobile app and starts using the marketplace as well, reducing costs his goods to end-consumers, offering better services as well to them.
‎ShipChain.io will skyrocket imports and exports because of the constant superior control and incentives given to operators.

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