Smart Containers-evolution in the field of logistics with the help of blockchain technology

Progress does not stand still and various branches of the economy are constantly developing. No exception is medicine, in particular the pharmaceutical industry. In the modern world, there is an increasing number of different human studies and the production of medical products is constantly growing. This provides tremendous opportunities for both manufacturers of medicines, and for people who need these drugs. Nevertheless, in the field of delivery of medical products, various problems and difficulties still arise.

Very often this is due to the need to maintain a certain temperature for the storage of medications, from the time they are produced and delivered to the patient. This creates some difficulties, despite the fact that pharmaceutical companies are constantly developing and implementing the latest technology. As the graph below shows, pharmaceutical logistics still has a long way to go.

The statistics show that the growth of medical preparations is increasing, the transportation of which is carried out in the "cold chain" system.

This is a system in which the storage and delivery of medicines is carried out with the maintenance of a certain temperature-humidity regime from the manufacturer to the consumer. This leads to an increase in the cost of transporting heat-sensitive medical products. However, many of the existing methods of delivery and packaging do not meet the requirements for the storage and transportation of such sensitive medicines.

The problem is that in the case of temperature changes, such drugs and vaccines can no longer be used, because they lose their healing properties. As the statistics show, for reasons of violation of the rules of storage and transportation of medicinal products, their destruction exceeds $2 billion annually.

Taking into account all these facts, the Good Distribution Practices Manual - GDP was created. This guide includes the necessary standards for the delivery of medications.

And here there is one more problem-inefficiency and complexity of the logistical process. After all, in order to deliver a package from one country to another, you need a huge number of documents and emails (about 200). All this leads to the need to keep a huge number of employees to organize the whole process and create documents and messages. All this leads to the appearance of many difficulties in the logistics of medical products.

All the above problems are solved by a project called Smart Containers.

The company Smart Containers Group started the study of logistics problems 8 years ago and began introducing various innovative solutions for the transportation of special cargoes.

One of the main directions was the transportation of medical products. For five years, SkyCell, part of the Smart Containers Group, has achieved impressive results and has become the fourth largest supplier of special transport containers for the delivery of medical products.

The developers of the company realized that their technology can be applied in other industries, so the company was created to deliver food products - FoodGuardians. This point I will touch on in more detail in my next article about the Smart Containers Group.

Developers of the project Smart Containers Group decided to create their own logistic ecosystem, built on blockchain technology. This system will be available to all participants in the logistics industry. This will solve the problem of logistics processes and eliminate the need to create such a huge number of documents and messages. In the future, it is planned to create smart contracts for automated settlement for containers.

This decentralized ecosystem will be called LOGI CHAIN.
The idea of LOGI CHAIN is that each container, a package, should be written as a virtual product or a virtual chip. This chip will be available for every user of the system. All the necessary data and documents will be attached to the chip. And all this data will be available to all participants in the transportation of this chip. Thus, all the necessary data on this chip can be seen by customs officers, warehouse employees, the buyer and all other participants in the process of transporting this product.

All the necessary documents will be entered in the blockchain Ethereum and will be publicly available. More important information about the product can be encrypted with the help of other blockchain. For example, Corda.

Thus, this ecosystem realizes huge potential and increases the efficiency of the entire logistics process. With the help of smart contracts, an invoice will be automatically invoiced and payment will be made in a crypto currency. All this will reduce costs and time delays. Thanks to the use of blocking technology, each user can obtain information about the required container in real time.

All transactions within the system will be carried out using the LOGI token. It is planned to release only 100 million tokens. During the ICO, only 20% will be sold. Hard cap will be 4 million US dollars. The developers of the project plan that over time the LOGI token will only grow in price. The reason is that the number of participants in the ecosystem will only increase, and the number of tokens will be unchanged. This will generate a rise in the price of the LOGI token.

The creation of LOGI CHAIN will allow to unite all participants of the logistics process. This platform will create and process various documents and permits in one place. This will eliminate a huge amount of useless printing of documents. Also, this platform will solve the problem of compatibility and interaction of individual systems.

The LOGI CHAIN ecosystem will create important partnerships and unite large players together. It also provides an opportunity to combine with other projects based on blockchain technology. For example, ShipChain.

To understand the benefits of the LOGI CHAIN ecosystem, I recommend that you read this article.

As you can see, the Smart Containers project has great potential and prospects. In addition, this project is distinguished by the fact that there is already a ready product in the form of special containers for transportation of medicines and food products. This project is able to really solve the problem in the field of logistics and make this process more efficient. In the next article, I'll tell you about one more token of this project called SMARC. Features of this token will appeal to many investors. Also, considers the remaining benefits of this project.

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