The shipping industry is one of the industries that can seamlessly be transformed by blockchain technology, the impact could be significant within this ecosystem. It would be a welcome development as smart container a Swiss company proposes to transform the way goods are transported within and outside a nation, they bring together two transformative technology Internet Of Things(IoT) sensor and blockchain technology to curb the challenges faced by logistics firm. The need for a transformative technology is to enable efficiency and safe delivery of goods. Smart containers goal is to provide temperature controlled container to transport goods such as pharmaceutical goods and foods.

SMART CONTAINER USE CASE

The smart container company's ideology could be used for a variety of purpose but they want to channel their use case to pharmaceutical and food chain and I would emphasis on these two use cases.

FOOD GUARDIANS: Fresh food most times need to be transported from country to country most often these are mostly seafood or supermarket chains. These foods are transported long distance and there is every need for it to stay fresh and consumable for the consumers. It needs to be prevented from damage due to temperature variation when transporting long distance. Smart container wants to leverage blockchain technology to provides temperatured controlled container which helps keep these food items fresher and consumable while transporting locally and globally.

PHARMACEUTICAL PRODUCTS: Medical products are very sensitive to temperature variation, they become damaged or poisonous if they are not safely transported from their point of production to their point of use. And most often these products are shipped from country to country, and they are subjected to extreme temperature variation. Smart container proposes to implement an efficient temperature controlled container which protects our health products while shipping long distance to avoid damage and they call this section of their product the SKYCELL.

STRENGTH OF SMART CONTAINER

Strength is often the selling point of a project, what experience or partnership does the company have that help propel their success ratio? I would like to talk about the strength of smart container, potential reasons would help them succeed in the space.

1. TEAM: Smart container have been in operation for about five years, and they have had a remarkable success so far with the skycell section of their company, with over 80 team members and about 100 patents. This position Smart Container Group as a successful company and the team would leverage their existing success to expand the skycell section while they bring the Food Guardian idea to life.

2. PARTNERS: Partners play a vital role in the success of a company, the smart container has positioned themselves strategically with significant partners in the field of logistics to help accelerate their business mechanism.

In 2016 they became partners with Emirates sky cargo, which is the largest international airline cargo operator in the world with a fleet of over 259 wide bodied aircraft, including 15 dedicated freighters, and in 2017 they became partner with Cargolux Airlines international which is a cargo airline based in luxembourgish, it is one of the largest scheduled all-cargo airline in Europe with global network.

3. Smart Container is an already successful company, they have a working product and they want to expand their reach.

EXPERT RATINGS

Smart container as one of the project with an ongoing ICO, experts within the field of blockchain has given their views as regards the viability of the project the idea the team is trying to execute. below are their views and rating.

ICOBENCH - Which is the largest ICO rating platform have given them a score of 4.6/5 with 5 experts

ICOMARKS - Which also has a great reputation have rated Smart container 8.3/10.

This rating shows how different expert have rated the project considering many factors.

TEAM

ADVISORS

FINANCIAL INFORMATION

As with every other project, there should be a minimum fund they require from their private and public sale. Smart Container is releasing two token SMARC and LOGI token cumulatively a total hard cap of $40Million.

The SMARC hard cap is $36Million, with a total supply of 150Million SMARC and are offering 120million SMARC for the ICO sales, with each token at $0.0432/SMARC. While the LOGI hard cap is $4million, with a total supply of $100million LOGI and offering 20million for the ICO sales, with each token at $0.285/LOGI. The currency that can be used to purchase this token within the platform are Ethereum, Bitcoin and Fiat(USD, CHF, EUR) and the minimum investment amount is $500, to receive the token all investor must pass the Know Your Customer(KYC) in accordance with Swiss legislation.

FURTHER INFORMATION

Telegram: https://t.me/smartcontainers
Website: https://smartcontainers.ch
Whitepaper: https://smartcontainers.ch/en/assets/20180502_smartcontainers_whitepaper_v2.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3058528.0
Twitter: https://twitter.com/SMARC_ICO
Author's BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1442709

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This article is not a financial advice. Investing in ICO may be extremely risky, always remember to do your own research and consult financial and legal advisors before investing in ICOs.