RE: What Could Smart Containers be Worth? (new ICO)
The blockchain technology is the future and should be implemented in all types of companies. The use of this technology every day can be seen in different scenarios: in the financial sector, the health sector, in legal services, pharmaceuticals, logistics, transportation, government entities, in the educational system. Its advantages: exchange without intermediation of third parties, strength and reliability, integrity of the process, transparency and immutability, simplification of the accounting system, efficient transactions. Blockchain is the technology of the future.
Smart Containers Group provides the safest temperature-controlled containers to transport sensitive pharma goods and food around the world, but the logistic comes from a fully integrated, seamless logistic ecosystem, open to all entities within the industry and based on blockchain technology, called LOGI CHAIN.
Smart Containers Group invented an ingenious cooling technology that stores five times more energy than traditional methods to keep the container at a steady temperature. And combinating that with the software designed to track and trace the position, temperature, humidity and general condition of every container around the world with an infrastructure of sensors and gateways in all relevant logistic hubs.
They will establish a powerful and profitable logistics system.
You understood the project but I think you slipped up on what you think it can achieve. It's not really creating a logistics system, it's providing container system.
That's what I was trying to point out. Companies like JDA Software have been providing logistics systems for many years and a lot of companies are doing that. As you said, SmartContainers is developing software that will allow tracking and tracing position, temperature, humidity, and general conditions of their container. This is a new technology that is perhaps the first to make container system.
They first invented the system to preserve the products inside the containers. Then they complemented the system with blockchain technology, Not only to control product safety information but keep tracking and tracing it. That's what I understood.
And this combination is excellent for food and pharmaceutical industry.