Blockshipping Empowers Rising Entrepreneurs
Fractional ownership or usage of products has been delivered as a concept many times in the past, but it became a reality only after blockchain technology allowed the opportunity to tokenize any underlying asset. Presently, plenty of blockchain projects are exploring the possibility of tokenizing the world's real estate; this can potentially open up opportunities in one of the largest industries in the world. Now, a new blockchain project, Blockshipping, is looking towards another major industry where fractional service usage could lead to a wave of cost reductions for small entrepreneurs.
As the name hints, Blockshipping is targeting the shipping industry; the company's main intent is to offer efficiency in container shipping and its main target market is major B2B clients. However, I believe the infrastructure being developed could allow small entrepreneurs to purchase fractional space on a container, and to collectively reduce the shipping cost for all those who join a pool.
The Opportunity at Hand
Blockshipping is developing the Global Shared Container Platform. The company aims to develop a record for the real-time position of every container while also facilitating shipping related transactions. This makes way for an opportunity: since the company will have data on every container, will know the max capacity and vacant capacity of each container, and has the ability to provide transactions via native tokens, it can leverage these combined factors to make way for convenient fractional utility of containers.
Blockshipping will be able to display data on vacant capacity; this allows others in need of container space to utilize tokens and pool the payment for the whole container. This creates a massive layer of efficiency as the blockchain will provide a trustless, secure ecosystem and small, medium, and large businesses could conveniently utilize vacant space in any container. The power of a platform presenting real-time data is that in case of booking changes, last minute vacant capacity would be visible and could be allocated to the platform's users. The amount container space could be rented out even in fractions. This maximizes the utility of any container, thereby lowering the aggregate costs in the industry.
Shipping costs remain high for many small businesses. As small businesses do not have the sales volume to place orders for entire containers, they pre-book small spaces at very high costs. However, if a single platform can hone a mass userbase of small businesses and can provide them with container data as-well-as tokens to purchase the space, sums of small businesses could easily and conveniently pool together and seamlessly lower their aggregate costs as they'd collectively pay the bulk pricing of a full container.
Traditionally, the above situations won't be feasible as a large number of transactions would be taking place with an underlying value that is to be derived over a long period of time. However, the issue is waived as blockchain technology not only provides a medium for the transactions, but also ensures that the data attached to the payment remains unchangeable. This way no one can tamper with the right of ownership of space in a container or the containment. This, coupled with Blockshipping's container register's ability to provide real-time data about container vacancies, paves the way for a future where rising entrepreneurs can utilize fractional container space at low costs.
Essential Blockshipping Links
🌐 Website: https://www.blockshipping.io/
💡 Whitepaper: https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3502572.0
💻 Telegram: https://t.me/joinchat/HWi2Gw9VvUw1U5lZObNS2w
⌚️ Token Sale: LIVE NOW
Connect with me:
https://bitcointalk.org/index.php?action=profile;u=1700741;sa=summary
https://steemit.com/@hatu – Follow for a new ICO analysis every day!
Twitter
Telegram Group – Keep up with ICOs
The thing that gathers my attention is the utilization of the space of containers and how the efficiency of shipping will improve. I consider it a huge bonus when we start thinking about it in broader sense, the interface will be easily available for the customer and the services provided in a tokenized manner will lead to high end savings for those who are into it day in day out. I will consider it as something to be a part of.
Definitely, being able to offer an extensive amount of services on a single platform makes the transactions, as you said, more efficient.
This is a fundamental project. Ths project will be reducing price for many small businesses as small businesses do not have the sales volume to place orders for entire containers and they pre-book small spaces at very high costs.
You perfectly grasped the key point of this article :)
Also, more entrepreneurs being able to afford shipping operations makes the global economy more competitive; this could lead to an overall boost in innovative developments.
Congratulation hatu! Your post has appeared on the hot page after 14min with 30 votes.
That was quick!
Thank you for the update :)
Thanks for the resteem; always appreciate those :)
Blockshipping has what is called the Global Shared Container Platform (GSCP). The GSCP is the solution to the problem of the missing global real-time container registry. I'm guessing it will be the first real-time registry of the world’s shipping containers.
Yea, surprising to see that all the containers are being transported without proper record-keeping.
Currently a lot of all container haulage activities involves the transport of empty containers which is wasteful and also contributes to CO2 and NO2 pollution. Blockshipping helps to provide data to environmental service CO2 impact calculation service providers who calculate the CO2 emissions.
I didn't touch the positives for the environment as it drifts off the piece's key topic, but yes, there could be a hefty reduction of CO2 emissions.
Once a container is loaded, it is ‘invisible’ once it leaves the terminal until it arrives at its destination. Blockshipping uses real-time tracking of containers based on intelligent GPS tracking devices.
I think blockshipping will definitely be a trade booster, and improve supply chain - the industry is fragmented, lacks tranparency and can be expensive for a small user. Blockshipping is a great project because it brings transparency, real-time data on container availability, and tokenisation of container space bringing a whole new level of efficiency to this space. Makes it easier for the small guy to know what space is available, book it real-time, also leading to less delays.
I agree with you on this. Supply chain projects are dubbed as beneficial for the big guys but I feel small businesses and entrepreneurs have a lot to gain from them.
Blocksgipping industry will lead to massive savings for the shipping industry also significant reduction in co2 emission through the more efficient use the containers.By their boxspotter app user can scan containers and in return they can earn blockshipping cryptocurrency. So in Blocking industry their is huge opportunity for invester and user @hatu
Blockshipping industry will help to reduce price for small business by locating spaces in containers for shipping goods without paying for all the cointainers.Also they launching new cryptocurency for this industry. It will help to benifite both invester and user @hatu
Spot on; savings for users and dividends for investors.