What is CargoCoin?

extends to all areas of shipping industry transportation (containers, bulk, bulk bulk, liquid bulk), inland transportation (trucks, railways), air freight (air transportation, drones, etc.), can assist other types of transportation, including, but not limited to: pipeline transportation, space freight, intercity transportation, and trips to shared outer cities.

CargoCoin is designed to use the platforms, both as a method of transfer and secure storage through intelligent contracts, and as a payment unit for services, freight and cargo. The CargoCoin system unlocks the full potential of the cryptographic currencies in the block chain to act not only as a means of payment and value storage, but also as an interactive way to send, receive, approve, reject and sign documents throughout the process time.

It is based on the new tab standard ERC223. It has major improvements compared to the ERC20 tab standard. The ERC 233 allows a more advanced, precise and universal management of the intelligent contracts, necessary for the project, avoiding possible symbolic traps. The tokens issued are designed to act fully as intelligent contracts programmed in Solidness and available as open source so that everyone can examine and inspect the code, thus fulfilling all the purposes of the project simultaneously.

The problem:

The size of the transport industry is immense: the overall value of maritime trade itself exceeds $12 trillion (WTO statistics). The value of freight is $380 billion in 2017 (UNCTAD). Although the shipping industry is one of the most important economic sectors, it is the least technologically advanced. Currently, paper documents are issued for all shipments, regardless of the means of transport. All original documents are being sent by couriers, taking time and money. All charges and freight are paid in the traditional way, through bank transfers or letters of credit. They are expensive, slow and non-confidential methods. Increasingly, US correspondent banks have been blocking transactions in USD and EUR for weeks. Anyone in the industry has encountered that problem. Delays in the delivery of original documents and delays in money transfers result in additional unaccounted-for expenses, opportunity costs and asset depreciation, while disrupting a long supply chain. CargoCoin's block chain technology provides a revolution in trade and transport by encouraging optimisation.

solution:

Cargo Coin is designed to be a smart contract, a cryptographic platform, decentralize trade and global transportation.

The objective

It is to facilitate and optimize the interaction between traders, freight forwarders, shipping lines, reservation agents and all other parties involved in international trade and the transport of goods and cargo.
The platform user experience describes a well-balanced ecosystem based on state-of-the-art encryption security and frictionless interaction.

Cargocoin will solve a number of problems:

1. Reducing Fraud - Minimizes the risk of fraud and, in many cases, eliminates it completely, by not releasing any payments until the conditions pre-established by the contrary have been met and public proof of payment has been made or secured in an intelligent custody utility. Payments will be secured by default. Fraudulent endorsement and duplication of ownership documents is excluded.

2. Reducing Costs - It will significantly reduce costs, compared to the high percentages and other small print fees charged throughout the process by banks, couriers, insurers, brokers, agents, lines, etc. Guaranteed payments will be free of charge, as in the case of Bank L/C at this time.

Minimize delays -Avoid delays through instantaneous exchange, review and approval of documents and payments between parties involved. Other delays are due to different time zones, different holidays, etc. The block chain is always running 24 hours a day, 7 days a week and is not dependent on human intervention.

1. Building trust - It is based on the public infrastructure of the Ethereum block chain, backed by thousands of people in a decentralized, peer-to-peer infrastructure. The use of proven and reliable technology speaks for itself.

2. Securing the information - It's naturally secure. It is based on the proven hash algorithm technology of the block chain. There is no possibility of sensitive commercial information being leaked by intermediaries such as banks, brokers, agents, etc. While it is completely confidential, it also allows full disclosure of the details of the transactions to be viewed by all parties and the public.

3. Secure archiving - Not only does it allow, but it relies completely on, the total historical storage of all transactions ever performed, avoiding the risk of physical loss or destruction of paper documents, while facilitating the search and review of past information stored in the cloud.

Development of CargoCoin

The development of CargoCoin has been established in the following stages:

. Sending platform - development of the global sending platform, using intelligent contracts (Smart Bill of Lading, Smart Letter of Credit, etc.), referred to as the platform in this document. The platform links importers, exporters, freight forwarders, reservation agents, brokers, shipowners, etc. in a single unified market.

. Internal platform-development of the global land transport platform, through intelligent contracts. The land platform will cover all land transport, such as trucks, railways, pipelines, etc.

. Multi-purpose loading platform - development of a market, through intelligent contracts, that allow manufacturers to display their products and relate them directly to customers, through an established link to maritime and land transport platforms

. Air cargo platform development of air cargo transport, using intelligent contracts, including cargo planes, cargo helicopters and unmanned aerial vehicles.

How the platform works
In order to introduce the INTELLIGENT UTILITIES (intelligent contracts and payment methods) that create and increase the value of the Freight Currency, we apply an inverse but completely market-oriented approach.

The core is a global market platform (SERVICES) that facilitates the supply and demand of transport of all types of cargo, including other services essential for transport and trade. The use of the free services allows you to naturally implement the INTELLIGENT UTILITIES of the platform. The Marketplace has been designed to be FREE for all users.

About the Token

Token: CargoCoin
Price preICO: 1 CRGO = 0.5 USD
Price: 1 CRGO = 1 USD
Bonus: Available
Reward: Available
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH, BTC, LTC, Fiat
Minimum investment: 100 USD
Soft cap: 5,000,000 USD
Hard cap: 55,000,000 USD
Country: United Kingdom
Whitelist/KYC: KYC
Restricted areas: USA

Road Map

· Q3 2017
IDEA HOME We started the idea of integrating the shipping platform with chain payments and smart contracts.
· Q1 2018
Preparation of the Initial Coin Offering for CargoCoin, team meeting, selection of advisors, preparation of whitepaper.
· Q2 2018
Launch of the Initial Currency Offer for CargoCoin.
· Q2 - Q3 2018
SMART CONTRACTS. Programming of intelligent contracts on the ERC223 platform, testing and evaluation.
· Q3 - Q4 2018
Development of the global maritime transport platform, connecting importers,
exporters, shipping agents, freight forwarders, shipowners, etc. (Stage 1)
· Q1 2019
INTEGRATION OF THE BLOCK CHAIN. Implement intelligent block chain contracts as a central part of the shipping platform.
· Q2 2019
Launch of the global maritime transport platform.
· Q2-Q4 2019
The year 2019 will be dedicated to the marketing and promotion of the global maritime transport platform.
· Q4 2019
Start of development of a land transport platform (phase 2).
· Q1 2020
Launch of the land transport platform.
· Q2-Q4 2020
MARKETING STAGE Marketing of the land transport platform.
· Q4 2020
DEVELOPMENT PHASE 3 . Development of the universal commercial platform, which directly connects manufacturers,
fleet owners and customers.
· Q2 2021
Launch of the multipurpose loading platform.
· Q2-Q4 2021
MARKETING STAGE Marketing of the multipurpose loading platform in phase 3.
· Q4 2021
DEVELOPMENT PHASE 4. Development of the air cargo platform.
· Q2 2022
Launch of the air cargo platform.
· Q2-Q4 2022
MARKETING STAGE 4. Marketing of the air cargo platform.
· Q4 2022
Development of the supply chain platform connecting phases 1, 2 and 4 (sea, land and air transport).
· Q2 2023
Launch of the integrated platform.
· Q2-Q4 2023
MARKETING PHASE 5. Marketing of the intermodal platform.

CargoCoin work team

Simon Cocking- Senior Editor at Irish Tech News, Editor-in-Chief at CryptoCoinNews
Edilson Navas - Founder of GBPA (Global Blockchain Pioneers Association)
Lin Hsiang Liao - Vice President of China Merchants New Energy, part of China Merchants Group
Clemens Bechter - Asian Institute of Technology
Krasimir Georchev - Senior Business and IT Executive
Savio Gomez, Captain - Advisor
Jonathan Chang - Advisor
Bryan Ng - Advisor
Michael E. Bryant, MA, MBA, CPA, CBE - Chairman of the Advisory Board
Bogomil Alexandrov - Founder
Martin Iliev - Founder
Ilkay Topcu - Specialist in Shipping, Transport and Containers
Christina Sarastova - Shipping and Transport Specialist
Iliana Ilieva - Business Developer
Samuela Valkova - public relations and marketing expert, event manager, press communication
Kaushik Ghosh - Block chain developer with experience in Ethereum, Bitcoin and contract writing
intelligent.
Mihaila Lukanova - UI and Front-end developer
Bogdan Todorov - Financial Specialist
Petya Kalauzka - Office Manager
Zlatin Sarastov - Graduate in Finance from the University for National and World Economy
Luben Kazanliev - Lawyer, Legal Adviser
Iva Kitova - Graphic Designer
Georgy Zhelyazkov - Ground Transportation Specialist
Piyush Gupta - Block String Developer

FOR MORE INFORMATION, VISIT THE FOLLOWING LINKS

Website https://thecargocoin.com/
Whitepaper https://thecargocoin.com/docs/CargoCoin-Whitepaper.pdf
Twitter https://twitter.com/thecargocoin
Facebook https://www.facebook.com/thecargocoin/
Github https://github.com/thecargocoin/cargocoin
Reddit https://www.reddit.com/user/thecargocoin
Medium https://medium.com/@thecargocoin
Telegram http://t.me/thecargocoingroup
Discord https://discordapp.com/channels/@thecargocoin
ANN https://bitcointalk.org/index.php?topic=3224289.0

Bitcointalk user : Joelf5
Profile https://bitcointalk.org/index.php?action=profile;u=2100352
Eth: 0xD4A58Da0f837be2c7dC43b3Dea5b4978eEFC36Ce