CARGOCOIN - BLOCKCHAINING LOGISTICS

funkyies (0)(1)in #blockchain • 6 years ago (edited)

Hello to all and welcome to my review . For those of you who don't know me yet, let me introduce myself. My name is Funke and I'm an experienced writer who enjoys what he does very much. I'm here to give you all the information you might need or want about the newest REVOLUTIONISING GLOBAL TRADE AND TRANSPORT BY DECENTRALISATION that is definitely worth your time and therefore, mine, too. I plan to make them “easy read, to the point” because what's important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.

Today, let us all learn and experience together all about CARGOCOIN. If you don't know anything about them, don't run away, that's why I'm here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it's best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.

OVERVIEW OF CARGOCOIN

CargoCoin is a smart platform with the objective to create a global market place for trade & transport services supported by smart contracts & crypto payment methods. CargoCoin uses the blockchain to revolutionize the transportation industry by eliminating inefficiencies and creating massive value for businesses in the industry. The CargoCoin platform target extends globally to any trading company or individual, shipping line, freight forwarder, ship broker and other parties involved in the global trade and transport. The Platform has 2 cores i.e. SERVICES & UTILITIES. Maritime transport is the least technologically developed industry. This is the reason behind the decision to start off with this particular sector. The Services are FREE (no monthly or annual fees) & they are designed to create a global marketplace for trade & transport. Wide user base is a prime objective.

I am going to get straight to the point of who they are since this is such an important factor, as I like to put it, “The Brains behind CARGOCOIN”. If the team behind the product or service in question haven't the resources or knowledge, then we know the product or service delivered will possibly not have the quality it should have. We need to know two very important things when we look at a new starting up company:

Who are the people/team behind this?

What experience and knowledge do they possess?

Okay, so, because I've already done all the research needed beforehand and thoroughly CARGOCOIN I can very happily confirm that this company has a fabulous team onboard. Here they are:

This sort of quality is inspiring. They have made sure to supply us with all the information we could possibly need, on them personally as a team, aswell as them as a company. They are acting transparently and therefore receiving the trust they deserve from investors and potential users, like you and I.

On their website, https://www.thecargocoin.com/you can visit the “Team” section and simply by clicking on each team member's image or name you will be redirected to their professional profiles. Here you may consult and analyse each individual's expertise as much as you like. It's all been put there for us to see that they have what it takes to acheive their goals with ease. I might aswell add that they have experience as traders themselves, making this a “Trader for trader” experience and ultimately inspiring more confidence in all of us.

WHY CargoCoin

CargoCoin solves a number of problems in the shipping industry. These problems are;

Reducing Fraud, Lowering Cost, Minimizing Delays, Increasing Trust, Securing Information, and Safe Archiving.

Reducing Fraud: CargoCoin minimizes the possibility of fraud by providing a wide new range of accountability and transparency, thanks to the immutability and high level of trust of the blockchain

Lowering Costs: CargoCoin will significantly lower costs for businesses by simplifying the fee structure. With CargoCoin, Businesses won’t have to worry about hidden fees from banks, brokers, and insurers. All fees are completely transparent, so businesses know that they’re being given a fair price.

Minimizing Delays: CargoCoin will minimize delays by providing all parties involved with instant exchange review for approval of documents and payments. In traditional systems, delays are often caused due to obvious inefficiencies. Thanks to the blockchain, CargoCoin’s platform works 24/7. Unlike traditional systems, CargoCoin’s platform does not require human intervention to work. Simply reducing these delays will add massive value to the industry, as payment delays alone cost businesses approximately $19 billion per year. Now that’s a lot of money!

Maximized Security/Trust: CargoCoin uses the public Ethereum blockchain for its platform. This allows for complete security for businesses. Ethereum is a proven and trusted technology. Because of this, Ethereum guarantees the maximum possible security for its users, and that includes businesses that use CargoCoin as well.

EXPLORING MORE ON CargoCoin

CargoCoin ICO AND TOKEN DETAILS

The CargoCoin token is used to facilitate smart Bill of Lading (B/L) and smart Letter of Credit (L/C). CargoCoin refers to it as “smart” B/L and “smart” L/C because the CargoCoin platform uses smart contracts which provides businesses with the benefits mentioned earlier. CRGO Tokens is a valuable digital asset, which will be used on CargoCoin platform and at the biggest crypto currency markets. With the help of ICO CargoCoin plans to attract the investment resources at a wide range. As suppose, the token sale will be interesting for the owners of digital assets, who would like to transfer them into the more secured investment tool and not to tremble anytime they hear the news about the possible Bitcoin rate falling.

CRGO token will be based on the newest ERC223 token standard as it will be available in the very near future, which has major improvements compared to the ERC20 token standard. The ERC223 allows for more advanced, precise and universal handling of smart contracts, required for the project, while at the same time avoiding potential token traps. The issued tokens will fully act as smart contracts programmed in Solidity and available as open source for everyone to review and inspect the code, thus serving all purposes of the project simultaneously.

The main ICO began on April 1, 2018 and will end on May 15, 2018. With the token price of $1, Soft Cap of 5,000 000 USD and Hard Cap of 55,000 000USD

Token: CargoCoin

Price: 1 CRGO = 1 USD

Platform: Ethereum

Accepting: ETH, BTC, LTC, Fiat

Minimum investment: 50 USD

Soft cap: 5,000,000 USD

Hard cap: 55,000,000 USD

Whitelist/KYC: KYC

Research & Development: 30%

Marketing & Sales: 50%

Administrative: 10%

Legal: 3%

Exchange listing: 7%

Pre-ICO: 10%

ICO: 55%

Team: 15%

Bounty & affiliates: 10%

Reserve: 10%

ROADMAP

Businesses that wish to implement the CargoCoin platform into their existing business architecture can do so easily. This is because the CargoCoin platform is completely modular, which means that businesses can mix and match the various tools of the CargoCoin platform to fit their exact business needs. Businesses that don’t want to worry about customizing their documents can use standard forms and terms. Businesses can also create custom negotiated conditions and forms if they wish to. In this way, the CargoCoin platform is incredibly powerful because it provides a versatile tool.

The overarching goal of the CargoCoin platform is to optimize interactions in the international trade industry. This includes the interactions between traders, freight forwarders, shipping lines, booking agents, and various other groups that are involved in the process of international trade/transport of cargoes. In essence, the CargoCoin platform provides businesses with a global marketplace for international trade and transport.

CargoCoin will be able to optimize interactions in international trade for businesses by providing the highest-quality possible security, transparency, and accountability for businesses that use the CargoCoin platform.

All of these services will be provided for businesses at an incredibly low cost, so that businesses can save more money. Large-scale businesses can potentially save millions of dollars using the CargoCoin platform; this is money that businesses would otherwise spend on unnecessary fees with traditional platforms.

I hope you have enjoyed today's review and my company along the way. Thanks for taking the time and will hopefully see you all in the next one.

Website: https://www.thecargocoin.com/

Whitepaper: https://www.thecargocoin.com/docs/CargoCoin-Whitepaper.pdf

Telegram: https://t.me/thecargocoingroup

Facebook: https://www.facebook.com/thecargocoin/

Twitter: https://twitter.com/thecargocoin

ANN Thread: https://bitcointalk.org/index.php?topic=3224289