BLOCKSHIPPING: MAKING THE MARITIME SECTOR A BETTER PLACE WITH GSCP ( Global Shared Container Platform)

lollyk (35)in #blockshipping • 6 years ago (edited)

INTRODUCTION

Maritime sector are systems that facilitates quantitative import and exports of goods between countries across the world. The maritime sector is an indispensable factor in any economy because it can be best be described as a waterborne transport sector is vital in the sense that it forms major flow point for goods and services in and out of the country the advantages of the maritime sector cannot be over emphasized because it also provides services like facilitation of trade, commerce, provides qualitative institutional developments, job/ employment opportunities, revenue generation, direct and indirect attraction tourist and foreign investment ; however challenges are usually a part of many system all over the world and it only when there are challenges that solutions can be proffered. The maritime sector grapples with enormous challenges ranging from indigenous Shipping Corporation (companies) to most government (public) owned shipping line, these challenges on face view can be pin-pointed as ineffective government policies, port gridlock, outrageous shipping charges, and exorbitant custom charges.

The global shared container platform (GSCP) is out to create a new brand of what the maritime sector should be like. It hinges on blockchain technology once more to create a container like asset registry where records of all offshore & onshore containers all over the world can be documented. With (GSCP) global shared container platform operations payments for clearing transactions involving stockholders can be effectively managed. Using the internet of things (IoT) GSCP provides services that allows monitoring & tracking of containers owned by stakeholders; it has succeeded in creating a basis for accumulation of supernormal profit margin for stakeholders using its blockchain enabled smart chain technology to create low-cost services & automation of payments . with GSCP stakeholders are know certain of having their supply accurately matched with commensurate demand for them, with in place the total number of idle containers in ports all over the world will reduce thereby reducing gridlock.

The GSCP (global shared container platform) uses an ecosystem that facilitates transactions of clearing & settlement using token and US dollar (USD) as a legal tender, with this in place a large chunk of revenue generated on the GSCP platform will go to a revenue share pool that will later on transfer it to the token owners in the most equitable way. Within the blockchain decentralized ecosystem Cpt tokens owned by stakeholders are exchanged with ether (ETH) as a mechanism for payments. GSCP does not just provides lasting solutions to the myriad of administrative challenges but it also mitigates against factors of environmental degradation specifically global warming causes like Co2 emission using the greybox to cut down the amount of containers, port off shore gridlock .

CONCLUSION

The GSCP has a block shipping team that is of Danish origin, the success of GSCP is actually a product of the in-depth knowledge, skills, market experience & comprehensive understanding of maritime sector relations. Block shipping fulfills an age-long desires, requirements standards beguiling the maritime sector, if implemented by any country it will modify the moribund facets of the industry & will create direct & indirect economic growths

THE PROJECT TEAM AND ADVISORS