BLOCK-SHIPPING WILL SAVE LOGISTICS INDUSTRY BILLIONS PER YEAR

Turns out blockchain can save the logistics industry billions per year. This is exactly what BlockShipping will do.

So GSCP sounds cool, but how does it really work?

Did you know? There are currently over 33 million containers parked or in transit somewhere. GSCP wants to partner with freight companies to help them manage their assets more effectively, by placing a tracing device on every container and transforming every CSC plate into its very own digitized format, GSCP will be able to see and pinpoint where every container is, be able to determine any container carrier that may be in distress or that have been stolen.
Since the application is of a decentralized nature and no record inputted can be tampered with, the parties involved do not have to know each other or trust each other for business to carried out in fact business operations such as empty container repositioning can be handled with ease. GSCP allows for accurate deficit and surplus matching to take place.
You say it helps shipping companies save money, how though?
One word = Greybox!

I bet you haven't heard of greybox before? It's a concept that was first introduced close meaning having a yard of full containers managed by an independent company with no brand attached to them. Normally, a container belonging to one company would carry out deliveries to one destination and once empty could not be refilled if the parent company didn't have any cargo available at that location therefore the container had to go back to its initial destination carrying on empty. This means billions is spent shipping empty containers back and forth. The system also works as a collaborative platform where different companies can carry each other’s containers to improve efficiency within the supply chain and ultimately save companies billions.

It hadn't caught on as much before because previously you needed a scalable software that could handle bookings and control the entire fleet at the same time. That kind of technology was too complex and because of little innovation just didn't exist at that time plus the concept was also too expensive to implement. Luckily thanks to the adoption of blockchain technology, BlockShipping can create a 'global registry of containers' capable enough of pulling off the greybox concept at a scalable and transparent level.
Platform members asked for a decentralized platform where they could be in control of their data and thanks to the internal GSCP token, they can now easily transact amongst themselves. The system even allows bigger companies to lend out CPTs to other platform members who may need it on a short-term basis for an interest thus allowing greybox to take place uninterrupted.
The greybox concept has the potential to be revolutionary especially within the shipping industry and now that it has found the right host in GSCP, I’m sure it will.

Token Ticker: CPT

If you would like to read more about the Global Shared Container Platform (GSCP) amd the BlockShipping Company, ICO and token sale, please feel free to follow the links bellow;
BlockShipping Website
GlobalShipping White Paper
BlockShipping Ann Thread
Blockshipping Telegram
Blockshipping Bounties
BlockShipping Twitter
BlockShipping on FaceBook
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