Smart Containers: a new level of logistics ecosystem on the blockchain

Annually, medicines worth $ 2.5 billion are destroyed as a result of a violation of the temperature regime during transportation. A similar situation develops with food products.

Smart Containers Group has identified 2 problems that are directly related to the delivery of drugs and food:

• maintenance of the necessary temperature regime;
• tracking the temperature of the cargo and its condition throughout the entire transportation.

To solve these problems the company has developed smart containers that can effectively maintain the desired storage mode.

The company has been successfully working in this market for about 9 years and managed to create highly efficient equipment for cargo transportation. Smart Containers received 96 patents for various technical solutions in this field. It is one of the fastest growing logistics companies in the world.

The company produces and sells smart containers, as well as leases them and carries out freight transportation. The main transport of delivery are airplanes and sea vessels.

At the same time it is required to create and sign more than 200 documents and write more than 2,000 emails to register a cross-border cargo movement. This requires a large staff of both sides.

The company proposed to create a decentralized LOGI CHAIN ​​logistics system. The purpose of this system is to get rid of documents and correspondence, to automate the billing of containers, to achieve automatic fulfillment of conditions of transportation and payment for services.

To do this each container is equipped with a chip that contains all the information about the cargo, provides communication with the sensors of the container, IoT sensors used in logistics centers, and warehouse Internet gateways to transfer data to the control system.

At the moment, the company is already using its own centralized system, similar to the blockchain. But the emergence of new technology has created new opportunities for the system. In particular, this is facilitated by smart-contracts.

How LOGI CHAIN works:

• A physical logistics unit (container, parcel) is written into the blockchain as a virtual chip. Its cost is very low and does not affect the cost of services.
• Various accompanying documents are attached to the chip. Some can be made available to everyone if they are recorded in a public blockchain like Ethereum. They can be viewed by customs authorities, carriers, consignors and recipients, warehouse workers. Other documents can be protected by access rights with the help of Fabric or Corda blockchains.
• The chip is connected to sensors and is able to automatically track and transmit data about its position, humidity, temperature, general conditions around the container. These functions are available around the world.

To solve tasks of this scale it is necessary to have not only high-tech equipment that is already available and used, but also highly efficient software and unique services.

That's why the company conducts ICO. They expects to use the public sale of tokens to raise funds for the project and create a global network of supporters that will support the company.

The project will use 2 types of tokens:

• SMARC investment tokens;
• Utility tokens LOGI.

For SMARC owners the project promises a 20% return per year. The LOGI tokens will be the system's internal currency which is used to pay for all services and goods in LOGI CHAIN.

A total of 150 million SMARC tokens will be generated. 80% of them will be directed to open sales - 120 million. The remaining 20% ​​will be spent on repayment of expenses related to ICO and management of Smart Containers.

The following parameters are set for LOGI:

• total number of tokens = 100 million;
• 20 million tokens will be sold on the ICO;

SMARC funds will be distributed as follows: $ 15 million - to scale up the SkyCell pharmaceutical business, launch and expansion of the food division - $ 13 million, $ 3.6 million to go into the reserve and for the needs of the team, $ 2.4 million will be sent for marketing, IT developments for intelligent containers will require $ 2 million.

The fund obtained as a result of the sale of LOGI tokens will be divided as follows: the cost of IT development using open source is $ 1.55 million, setup and launch of the LOGI fund is $ 1.5 million, marketing research for 3 years is $ 0.75 million, finances and commissions - $ 0.2 million.

The undoubted advantage of the project is the existing successful business. Impressive is that Smart Containers is the further development of the company, therefore there is a clear plan and understanding how to solve the tasks.
Smart Containers is quite promising, first of all - long-term investment of money.

To learn more about the details of this project, as well as to participate in the purchase of platform tokens visit the official website http://smartcontainers.ch/ and read the whitepaper: https://smartcontainers.ch/assets/20180208_smartcontainers_whitepaper_v1.pdf

The official group in Telegram: https://t.me/smartcontainers

Also, you can find a lot of useful information on the bitcointalk forum (ANN thread): https://bitcointalk.org/index.php?topic=3058528.0