Smart Containers – A New Ecosystem for Logistic Sector

Overview :
Smart containers is a Swiss based company which is trying to revolutionize the logistic sector. They have established the market space since 2009. They manufacture containers for pharma and food products which needs a specific temperature to remain fresh and viable during transportation. Pharma industry has achieved many milestones till now but the problem of transportation of medicines, vaccines or drugs which require a specific temperature is still ahead of us. According to World Health Organization almost 40% of the pharma products degrade during transportation due to lack of appropriate temperature. In case of food products, it is important that these products also remain fresh when they reach the supermarket. They are now trying to integrate blockchain technology in logistics so that every container can be tracked, and the information can be accessible to everyone on a decentralized platform.

Problem :
The traditional system in logistics sector has various problems due to its centralized system. If a product needs to be shipped from one place to other there are piles of documents which the logistic team needs to take care and monitor the shipment.

Solution :
Smart Containers have introduced a logistic ecosystem which is called Logi chain. It is a blockchain technology which helps to store all the documents and invoices publicly except some sensitive documents which needs permission to access. With the help of Logi chain this company can track its containers during the transportation. By replacing the manual intervention with blockchain technology it will be easier to administer and solve the problems more efficiently.

How it Works ?
The Logi chain technology will display every container as a chip which can be accessible to all the parties. This container will consist of IOT sensors. of All the documents will be attached to that chip except the ones which require permission to access. In this way every party or individual can view the documents. This can help to prevent transportation delays. Also, if there is any problem at any point of time then the quick actions can be taken by the logistic team. All the transactions in login chain ecosystem will be carried out via Logi token

Applications :

Skycell
Smart containers introduced skycell in 2012. Skycell provided containers to transport pharma products with least temperature deviation. With the great combination of hardware and software and using blockchain it can also track its containers. They have competitive advantage of reusing the containers. It has partnership with Emirates and Cargolux.

Food Guardians:
Smart containers also established the food sector by manufacturing containers which can transport food products with the most appropriate temperature to keep the products fresh. These containers have IOT sensors which work on block chain technology so that these containers become easily trackable.

Team :
• Richard Ettl - Chief Executive Officer & Co-Founder
He started his career at Bobst Group, a leading producer of packaging machines. He co-founded Smart Containers Group in 2012 and has lead the company to commercial success.
• Nico Ros, Chief Technology Officer & Co-Founder
Nico grew up in Basel, Switzerland and studied mathematics, physics, and engineering. He also collaborated with the famous architects Herzog & DeMeuron, constructing some of the most expensive buildings in Switzerland.
• Andreas Ernst, Chief Financial Officer
He was regional CFO for the Middle East and Africa in Swissair (today Swiss International Airlines) and Swissport (the biggest ground service provider for airlines). His last role before joining Smart Containers Group was CFO of Unitpool (now called Unilode), the largest independent air-freight container pooling company in the world.

Token Matrix :

SMARC Coin:
Total Supply – 150 million SMARC
Tokens Available in ICO: 120 million SMARC
Hard Cap – 36 million USD.
Token Price – 0.432 USD per SMARC

LOGI Coin
Total Supply – 10 M
Tokens Available in ICO: 20 M
Hard Cap – 4 million USD.
Token Price –0.285 USD per Logi coin

Verdict :

Pros:
• Smart containers have a well-established business which is in market since 2009. This can help the company to gain funds in their ICO.
• Skycell has a very strong partnership with Emirates and Cargolux.
• The team behind this project has good and relevant experience.
• The technology used here is logi chain which eliminates the huge transaction fees in the logistic sector.
• They have good team of advisors with background of blockchain technology.
Cons:
• According to the team members, they will figure out on which platform (skycell or food guardians) will the Logi chain will be implemented in future. Food Guardians been introduced recently in 2017 still needs to prove itself.
• They should work upon their social media platforms to increase more number of followers on twitter and telegram.

Whitepaper: https://smartcontainers.ch/assets/20180502_smartcontainers_whitepaper_v2.pdf
Website: https://smartcontainers.ch/
Telegram: https://t.me/smartcontainers

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Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c