CargoCoin- links the physical world of trade, transport & logistics with the blockchain
CargoCoin is not only a decentralized platform that will use cryptocurrencies in its operations but also a smart-contract that will work in the trade and transport services areas. The scope of a platform is to optimize and facilitate the process of interaction between traders, freight forwarding companies, shipping companies, as well as other parties that participate in international trade and cargo transportation.
Each user of a platform will be able to take advantage of a balanced ecosystem because its work is based on the data security. CargoCoin provides unlimited opportunities for each ecosystem member.
What is CargoCoin?
This is a worldwide platform that linked with all available transport hubs: the shipping industry, inner cargo shipping, air shipping, other types of modern transport.
The CargoCoin ecosystem would offer its members to use dedicated platforms for each type of cargo transportation which will be closely interconnected, that allows using almost unlimited features of each of these platforms. The main goal of such an event is to create a unified principle of work on a global scale.
CargoCoin is developed to use platforms as a safe way of transferring and storing data both through smart-contracts and using a token - a payment tool to perform payments for delivery services. The concept of this platform completely justifies the use of cryptocurrencies. In this case, cryptocurrencies act not only as a payment method but also as an interactive way of sending, receiving, approving, rejecting and signing documents in the process of conducting transactions.
The work of the CargoCoin is based on the token of the latest ERC 223 standard, which has visible advantages over the previous one (ERC 20). The new standard allows applying more prompt and accurate processing of the smart-contracts necessary for performing transactions between the ecosystem members.
Which problems can solve this platform?
The CargoCoin developers intend to create a system where it will be much easier to manage and interact with different ways of sending, receiving and approving or rejecting transport documents, which will make the entire procedure much more efficient than it is. That's why the developers have to use innovative technologies in the development of the platform, namely - the blockchain technology.
First of all, the project is aimed at solving the problems of the current industry, for example, such as reducing fraud, reducing management costs, minimizing delays, which adversely affect the development of the industry as a whole.
Other important aspects that can affect the level of users trust are the safe data storage within the platform, as well as providing methods for its protection.
CargoCoin uses the public Ethereum blockchain. This ensures complete safety for all users. Ethereum is a proven and reliable technology, and for this reason, it guarantees maximum security for all ecosystem members when making transactions using the CargoCoin token.
There are other platforms acting like a CargoCoin. The main thing is to get how CargoCoin will operate in the future and what can offer to its users in comparison with several competitors. But the idea of a CargoCoin is great, the only thing that remains to be seen is how this platform will deal with the problems of the chosen industry.
For more detailed information about the project and the terms of participation, I recommend to visit the links below:
☑️ Link to the project: https://thecargocoin.com/
☑️WhitePaper:https://thecargocoin.com/docs/Russian/CargoCoin-Whitepaper-Russian.pdf
☑️Telegram: https://t.me/thecargocoin
☑️Facebook: https://www.facebook.com/pg/thecargocoin/photos/?ref=page_internal
☑️Twitter: https://twitter.com/thecargocoin
☑️ANN: https://bitcointalk.org/index.php?topic=3224289
Author:https://bitcointalk.org/index.php?action=profile;u=1047035
Affiliate Link: https://thecargocoin.com/b03479
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