LOGISTICS SERVICE PLATFORM ON THE BLOCKCHAIN
Many people consider logistics as the detailed organisation and implementation of a complex operation. In a business setting, logistics involves the management of the flow of things from the point of creation and manufacturing to the point of consumption in order to satisfy customer or organization needs efficiently.
Some of the resources managed in logistics include physical items like food, materials, animals, equipment and liquids. On the other hand, intangible items include time and information.
Today, the world relies heavily on logistics as it aids in maintaining the supply chain of goods and services, and also implements and controls the flow and storage of products while ensuring they get into the hands of final users. The importance of logistics cannot be overemphasized, it is the mediator between production and consumption.
The SERVE logistics platform is a public and an open source network designed on the blockchain architecture. The platform is equipped with Serve protocols which create iron clad contracts among stakeholders transactions by recording information on the blockchain. Users of the platform have the opportunity of doing multiple businesses as enterprises, users or providers.
Smart contracts will leverage user reputation while APIs and SDKs will provide room for third party integration. Users, enterprises and providers can enjoy secure trust created on the Serve platform through very transparent and open verification to check fraudulent activities.
Today, customers are interested in placing orders and receiving their products either at home or any location of their choice just in time. Products on arriving destination give consumers some fulfillment and offers them a chance to enjoy some convenience while meeting their needs and desires.
As a result of the increase in demand for goods and services delivery, so many issues have arisen and now affect the quality of deliveries, causing much frustration and dissatisfaction as well as unnecessary expenditure burden. Expensive middlemen fees, underpayment of drivers and other logistics providers are top on the list of challenges.
The Serve platform has designed a solution which eliminates extravagant fees with the implementation of smart contracts to execute transactions. Users can get to pay 2.5% as fees instead of paying close to 40% as obtainable today. The platform also makes it possible for the bypassing of third party fees.
The Serve decentralized hub helps to link providers to the nearest available opportunity while aiding Enterprises to deliver orders to Users' required destination, at the same time ensuring improved user experience. Users also enjoy uninterrupted access to drivers, restaurants and products, while the enterprises can easily approach every user and driver. Providers as well can execute deliveries for every Enterprise. All these are possible on the platform with much lower transaction costs.
The Serve platform is created to mediate between the e-commerce and logistics industries. Using the Serve token, users can stake each transaction they are involved in. Every dispute that may arise can be amicably settled through the blockchain infrastructure that runs the platform.
The Serve network is built to treat everyone equally without prejudice, therefore, no stakeholder would have undue advantage over anyone. The platform also guarantees very secure transactions on a decentralized hub for everyone everywhere.
Serve has an open sourced protocol and SDK which are used to link into the blockchain such that any blockchain enthusiast can easily utilize the Serve protocol. Serve also has merged a software that offers great resources to support the execution of all transactions.
Serve platform provides a condusive environment for Vendors to design marketplaces that promote the use of mobile applications. These markets can be completely customized to suite a user or company's taste. The marketplaces can be used by Enterprises to advertise their products and enjoy patronage from users.
Serve tokens have been created to be used as medium of payment to logistics providers in carrying out deliveries and transportation services. The tokens are ERC20 compliant tokens which means they are built on the Ethereum blockchain. The tokens will also be used to verify and validate the quality of goods and services through a staking mechanism put in place.
The total token supply has been pegged at 10 billion Serve tokens, with no plans to create additional tokens in the future. Of the total supply, 3.5 billion tokens are set aside to be issued out during private sale. Each token will be sold at $0.05.
The Serve Platform is managed by a strong team of well experienced technocrats and blockchain enthusiasts. The team is led by Shahan Ohanessian who serves as the CEO. He has been an entrepreneur all his life and has done wonderfully in his ventures. He is passionate about giving consumers great experiences and ensuring optimal customer satisfaction.
Over time, Shahan has learnt that if every key player in the supply chain has skin in the game, the consumer will benefit the most. This is his main philosophy driving the creation of Serve.
Other team members include George Voskanian (CFO), Roman Tsarovsky (CTO), Ycaza Thrush (CVO) amongst others. To know more about the rest of the team and its advisors, you can click the Serve website.
Some important links for you below.
Web: https://serve.io
Whitepaper: https://serve.io/whitepaper.html
Telegram: https://t.me/servetoken
Facebook: https://www.facebook.com/pg/Serve-2103555016339871
Twitter: https://twitter.com/servetoken
Reddit: https://www.reddit.com/user/servetoken/
LinkedIn: https://www.linkedin.com/company/servetoken
Medium: https://medium.com/@servetoken
YouTube: https://www.youtube.com/channel/UC0CIeCHjKkexZEy9TwDwAlA
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