LOGISTICS Platform ǀ Future of Decentralized Last-Mile LogisticssteemCreated with Sketch.

in #ico5 years ago (edited)

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LOGISTICS Platform aims to build a block based decentralized network with the aim of linking worldwide logistics stake holders including three PLs (3rd party logistics), ecommerce retailers, individuals managing Parkers (Parker Spots), individuals couriers supplying packages (Runners) and package recipients in a dual trust free group.

LOGISTICS Platform Primary Partner – Park N Parcel

They intend for their collaborator to be Park N parcel, due to its very solid wide network with logistics stake holders.

How does it work?

This Park N parcel recruits neighborhood retail shops and neighbors and as package collection sports (Parker Spots). As of May this year, the values have grown to vast platform of more than 1600 Parker Spots across the Singapore only. Park N parcel goals to more wider their system of Parker spots across Asia.

Furthermore, Park N parcel has been serving main stake holders which consist of global 3rd party logistics firms and ecommerce retailers that includes more than thirty retailers and community of 2k online sellers.

There're direct technological framework with their existing contributors to get rapid logistics booking data, to get fast notification of the package status and volume estimation that make sure a clean and effective end to end package delivery.

LOGISTICS Platform aims to completely change the last mile supply field by boosting safety and clearness while eliminating the fragmentation among logistics stake holders.

How will LOGISTICS Platform modify the Last Mile Delivery zone?

• Launching Freelance Stake holders into the Logistics system

LOGISTICS Platform will introduce the plan of freelancers delivering packages on an Ad Hoc basis (Runners), among the number of spots and end recipients. Freelancer might also prefer to use free areas in their houses or stores to manage packages collection spots(parker Spots).

Where there's just an average of 3 stake holders in all end to end package delivery from collection a (Retailers) to supply location B (Recipient). The LOGISTICS Platform believes that boosting the stake holders involved in every package delivery order will make the procedure more effective . This is due to the development in sharing finance where individuals are capable to perform collection or supply services at their convenience that boosts man power during peak supply periods.

LOGISTICS Platform will aim to applied the system of Parkers and Parker Spots as given by Park and Parcel. This'll serve as the back bone of the decentralized final mile logistics network that LOGISTICS Platform will be developing.

Parkers are launched into the end to end package delivery procedure to hose packages near to the last address of the end of recipient. In the occasion of a missed delivery, the three PL can supply it to the nearest Parker spots managed by Parkers in its pace of going back to the Three PL warehouse. They can then develop end recipient to gain it at the Parker spot that saves the need and price of resupply

Moreover, with package tracking data being allocated on Block, parkers would advantage form the adoption of LOGISTICS Platform. They'd have reach to actual time overviews on the value and data of the packages that might earlier have been unavailable or unknown to them, since three PLs don't normally furnish such details to parkers who're not ultimate recipient of the packages. This enhanced clearness for packages might allow them to plan their area and inventory with super efficiency.

Introducing Runners and Parkers into the Final Mile Logistics Procedure

With the grow of sharing finance, LOGISTICS Platform will introduce the plan of freelancers supplying packages on a Runner basis (AD hoc) among the collection spots and end recipients. This goals to eliminate the time taken for every package to be delivered. For Runners, LOGISTICS Platform will either develop its own system or leverage on existing sharing finance platforms.

Runners are intended to give the final leg of supply to the recipient home. For instance, when the taker is home and wants to have his package delivered to him within next house, a runner would notified for his task within LOGISTICS Platform mobile and web app and would full the supply. Recipients might use actual time tracking via the positioning of the Runner to give greater clearness of tracking the package.

Freelancers will be capable to sign-up as a Runner or Parker using the LOGISTICS Platform mobile or web app, this will let them to contribute in the logistics sharing financial system at their expediency. With the intro of more freelance stake holders, LOGISTICS Platform envisions the final mile supply to be more efficient and seamless in the close future. This also has the power to bring about financial empowerment via the making of new work options.

LOGISTICS Platform utilize the modern techs to establish an optimum system for trust free link and the lot of stake holders linked. It's planned that the first deployment of the LOGISTICS Platform will be decentralized app (D App) on the ICON (ICON Foundation). This'll give complete interoperability with contributors networks such as Foundation of Blue Whale Block tech. this'll be further explained below:

LOGISTICS Platform architecture will consist of many components to improve modularity for reusability through the core 3 apps, LOGISTICS Platform mobile and web app, Park N Parcel App and LOGISTICS Platform API Apps.
Proposed LOGISTICS Platform system Block Architecture

• LOGISTICS Network Mobile and web app: LOGISTICS Platform will set up a mobile and web app to streamline related connections for consumers of the LOGISTICS Platform, this'll target Runners, Parkers and package recipients. Apart from existing supply and range of activities, the D Apps features of their platform will empower consumers of the system with the skill of access their token shop, participation and activity details, and many more. In order to make sure fast rollout through all platforms, LOGISTICS Platform will be aiming towards a usual code base compatible across windows, Android and Apple, with Rails RESTFUL API backend.

• Park N Parcel App: it's planned that this app will also be set up as D application that links to the trust free link component of the LOGISTICS Platform block, where making of package info and time stamping as the package moves from one side to other will done. The D Application will write to and read from the LOGISTICS Platform block via a range of safe RPC-API and IPC calls, and via these updates consumers will be capable to know in actual time where the package is, who's keeping their package, and when they can expect their package to come.

• LOGISTICS Network API Endpoints: LOGISTICS network API endpoints will also be made avail for small midsized participants or retailers who'd like programmatically reach the services in the LOGISTICS Platform, but are not capable to host a complete node by themselves. Simple to use HTTP backed APIs are being given to let individuals merchants to simply connect with LOGISTICS Platform , and as and where needed, JASON compliant information can be retuned for additional and parsing and processing as needed by bigger retailers or contributors.

• LOGISTICS Network D App: LOGISTICS Network block will be the platform will hold all jointly. It'll facilitate clear and safe access to logistics and package tracking via trust free link. It'll also be the gate way to Blue Whale foundation via interoperability supported by ICON foundation, where LOGISTICS Platform will utilize the participants activity manager and prized bank for the the system.

At this present junction, LOGISTICS Platform will be made as D app running on top of ICON Foundation. As ICON foundation allows interoperability among blocks, this'll let LOGISTICS Platform and Blue Whal foundation to communicate, in its pace of offering block spawning (i.e. Arbor Side Chains or kid Chains).

Hence, the related architecture and deal charges for every activities on LOGISTICS Platform will be tied to ICON foundation's incentives and economies designs backed on the ICON foundation. For Instance, LOGISTICS Platform D App will follow the LFT (Loop Fault Tolerance) consensus algorithm Applied by ICON.

Currently, there's no indicative deal charges for the ICON foundation network based on the ICON foundation White paper and technological docs. This might be subjects to future changes to the ICON platform. The entire facing parts, namely LOGISTICS Network mobile and web app, LOGISTICS Network app and LOGISTICS Network to send and demand for updates.

Blue Whale D App and Blue Whale Network

As mentioned before, it's anticipated that Blue Whale foundation will be a main solution partner. LOGISTICS Network will plan to tap into Blue Whale system to gain entrance to their Rewards Bank module and involvement Activity Manager. This will offer freelancers on the LOGISTICS Network with the potential for employment advantages. The link between LOGISTICS Network D App and Blue Whale D App is possible due to the interoperability that ICON foundation provides.

• Databases
For LOGISTICS Network, local databases or cloud based could be introduced. This'll depend on the exact use cases, as databases will let for off-chain storage space of information, superior levels of redundancy, inferior levels of latency, and optimize storage costs for huge files such as pictures.

• Oracle ǀ External Data Feeds
In order for LOGISTICS Network to allow for intake of outside info as needed by their other logistics stake holders such as e-commerce retailers (e.g. stakeholders might apply RFID scanners, which proceeds as an outside information point that calls to spawn an equal package on the block chain with related metadata).

• Smart Contracts
There are a variety of components of the LOGISTICS Network that will be made using smart contracts. An instance is the tokenized representation of packages on Trust free

For More Details of this such an amazing project, LOGISTICSX Platform visit these following links:

• Official Website: https://logisticsx.io
• Whitepaper: https://logisticsx.io/documents/LogisticsX-Whitepaper-V1.4-11-June-2018.pdf
• Telegram: https://t.me/LogisticsX
• Twitter: https://twitter.com/LogsXOfficial
• Medium: https://medium.com/logisticsx


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