Cargocoin. Transport trade with blockchain technologies.

garbuzyachakasha (26)in #ico • 6 years ago (edited)

The Cargocoin is a platform created to use the blockchain technology to links the physical trade and transport. It is created to decentralize the global trade and transportation industries. Its major aim is to facilitate and optimize the interaction between the traders, freight forwards, shipping lines, booking agent as well as others parties that are involved in the international trade and transport of goods and services and the cargo. It is an ecosystem platform that will base on the cutting edge crypto currency security and faultless interaction between the players.

What does CargoCoin solve?

Reducing fraud
CargoCoin minimizes the risk of fraud and, in many cases, eliminates it completely, not releasing any payments until the conditions previously established by the counterparties are fully met.
Reduction of costs
CargoCoin reduces the costs, compared to high percentages, that banks, brokers, agents, lines, ports, customs brokers, couriers, insurance companies, etc. charge throughout the process.
Minimize delays
CargoCoin will avoid delays by facilitating the instant exchange, review and approval of documents and payments between the parties involved in the smart contract.
Growing confidence
CargoCoin relies on the public sector infrastructure of the Ethereum blockchain, backed by thousands of people in a decentralized peer-to-peer infrastructure.
Information assurance
CargoCoin is naturally guaranteed. It has been proven to be based on the technology of hash algorithms of the block chain without the possibility of data leakage.
Secure storage
CargoCoin not only allows the complete historical storage of all transactions, but also relies on it, thus avoiding the risk of physical loss or destruction of paper documents.

Decentralised Blockchain Payments

The interaction between the platform users delivers strong demand for instant, secure payments at global scale facilitated by CargoCoin tokens. The trade and transport industry urgently require new, secure and instant payments. USD and EUR international transactions become increasingly slow, funds are often stopped by US intermediary bank. Transactions are expensive. CargoCoin crypto payments can be used to utilise trade:

Freight Payments
Cargo value payments between traders, importers, exporters
Services payments i.e.: Insurance, surveyors, ship suppliers provisions/technical, brokers, ship agents, stevedores, crew salaries.

The CargoCoin blockchain technology delivers revolution to the trade & transport by fostering optimisation.

CargoCoin' Ecosystem Key Participants

Traders, importers, exporters, charterers
Private individuals
Freight forwarders
NVOCC (Non-vessel operated container carriers)
Container lines
Booking agents
Ship owners / ship managers / ship operators
Ship brokers
Ship agents
Cargo / vessel / transport equipment Insurance companies & brokers
Warehouses / storage facilities
Customs agents
Independent cargo surveyors / superintendents / port captains
Ship chandlers, suppliers and service providers incl. provisions / technical / nautical
Seafarers / crew
State authorities (last but not least, although admittedly it will take some time especially in the developing world countries)
Ship classification societies, flag state administrations

How the platform works

Its aim is to create a globalised market for trading and transport services supported by intelligent contracts and cryptographic payment methods.
In order to introduce the INTELLIGENT UTILITIES (smart contracts and payment methods) that generate and increase the volume of value of the CargoCoin Currency, we are oriented in an inverse but totally market-oriented way.
The core is the global market platform (SERVICES) for the distribution of products and services. and the demand for all kinds of cargo, including other essential services that are vital for transport and trade. the natural use of the free services implements the SMARTUTILITIES of the platform.

CRGO Tokens:

CRGO Tokens is a valuable digital asset, which will be used on CargoCoin platform and at the biggest crypto currency markets. With the help of ICO CargoCoin plans to attract the investment resources at a wide range. As suppose, the token sale will be interesting for the owners of digital assets, who would like to transfer them into the more secured investment tool and not to tremble anytime they hear the news about the possible Bitcoin rate falling.

CRGO token will be based on the newest ERC223 token standard as it will be available in the very near future, which has major improvements compared to the ERC20 token standard. The ERC223 allows for more advanced, precise and universal handling of smart contracts, required for the project, while at the same time avoiding potential token traps. The issued tokens will fully act as smart contracts programmed in Solidity and available as open source for everyone to review and inspect the code, thus serving all purposes of the project simultaneously.

ICO Details:

The main ICO began on April 1, 2018 and will end on May 15, 2018. With the token price of $1, Soft Cap of 5,000 000 USD and Hard Cap of 55,000 000USD

Token Details:

Token: CargoCoin
Price: 1 CRGO = 1 USD
Platform: Ethereum
Accepting: ETH, BTC, LTC, Fiat
Minimum investment: 50 USD
Soft cap: 5,000,000 USD
Hard cap: 55,000,000 USD
Whitelist/KYC: KYC

Token Distribution

CargoCoin will be distributed as follows:
10% pre-ICO (soft cap).
55% ICO (hard cap).
15% distributed towards the team and advisers. Available after up to 6 months following the successful completion of the ICO.
10% bounty & affiliate program.
10% reserved for exchanges liquidity, etc.

Fund Utilisiation

Team

ADVISOR

Simon Cocking - Senior Editor at Irish Tech News, Editor in Chief at CryptoCoinNews
Edilson Navas - Founder at GBPA (Global Blockchain Pioneers Association)
Lin Hsiang Liao - Vice President at China Merchants New Energy, part of China Merchants Group
Clemens Bechter - Asian Institute of Technology
Krasimir Georchev - Senior Business and IT Executive
Savio Gomez, Capt - Advisor
Jonathan Chang - Advisor
Bryan Ng - Advisor
Michael E. Bryant, MA, MBA, CPA, CBE -. Chairman of the Advisory Board

TEAM MEMBER

Ilkay Topcu -Shipping, Transportation & Container specialist
Christina Sarastova - Shipping & Transportations specialist
Iliana Ilieva - Business developer
Samuela Valkova - PR & Marketing expert, event manager, press communication
Kaushik Ghosh - Blockchain Developer having expertise in Ethereum, Bitcoin and writing smart contracts
Mihaila Lukanova - UI & Front-end developer
Bogdan Todorov - Financial specialist
Petya Kalauzka - Office manager
Zlatin Sarastov - BSc Finance at the University for National and World Economy
Luben Kazanliev - Attorney at law, Legal advisor
Iva Kitova - Graphics designer
Georgy Zhelyazkov - Inland transportation specialist
Piyush Gupta - Blockchain Developer