Temperature sensitive products such as pharmaceuticals and fresh food as we know are liable to perish if there is an occurrence of temperature excursion during the logistics process or while in storage. This has resulted in a more challenging shipping process when compared with ambient cargoes. Temperature sensitive logistics require proper attention to packaging, handling and monitoring all through the logistics chain process. The smallest temperature excursion will result in the damage of the product.

The Problem

The current logistics industry require a lot of paperwork and communication which at times are not communicated properly or takes a lot of time leading to lack of proper documentation and time wasted moving files from one office to another or waiting for emails to read. Transparency, inadequate packaging, lack of real time time tracking of shipments and interrupted temperature are other challenges facing the logistics industry. It’s estimated that pharmaceutical companies and supermarkets annually dispose goods worth billions of dollars due to temperature excursion during transport. There is an urgent need for a more robust solution to the current complexities in the logistics industry.

The Solution

Smart Containers Group a Swiss based technology company that has been providing logistics solution for pharma goods and food globally with its wide range of temperature-controlled containers. The company has already shown what they can do through their Skycell logistics company which in a space of 5 years has risen to become the fourth largest pharmaceutical logistics company. Smart Container aims to integrate the current Blockchain technology and create a robust ecosystem that will be known as LOGI CHAIN ecosystem in order to automate the management of temperature sensitive logistics, reducing complexities that are common in the industry and eliminate human error. With Blockchain technology, data mining of shipments will be improved, real-time location and temperature tracking of shipments will be possible. How does Smartcontainers intend to achieve this? By mirroring every container into a virtual chip on the blockchain infrastructure. This virtual chip will contain all the physical attributes of the shipment. This will eliminate the need for the usual paperwork as every information concerning the shipment can be viewed at any time and anywhere by the parties involved. This will lead to a reduction in the cost of shipping goods and create an environmentally friendly industry.

Temperature conditions along shipping route might change with no prior warning and this will require prompt attention in order to salvage the situation. The LOGI CHAIN platform will increase the visibility of shipments, through its peer to peer feature, all the parties involved in the logistics process will be able to communicate breaches in the case anyone occurs and will be able to take action and react accordingly in a timely manner.

LOGI Token

To fuel the LOGI CHAIN ecosystem, LOGI Token a utility token will be used for transactions by all the parties involved. The LOGI Token will serve as a legal tender for the processing, forwarding, and clearing of goods on the LOGI ecosystem. Smartcontainers wants to achieve a global presence and as a result, LOGI token will go on to become the first payment currency throughout the world.

Conclusion

The cost of shipping a temperature sensitive product is high but that is not compared to the cost incurred by a failed shipment and other problems it might create for the owner. For instance, a trial pharmaceutical product could delay the trial or in the case of vaccines it may lead to more casualties. Smart Containers through the LOGI CHAIN ecosystem is creating a one of a kind opportunity for pharmaceutical companies and supermarkets to significantly reduce costs and increase their profit margin.

Essential Smart Containers ICO Links
Website: http://smartcontainers.ch/
ANN Thread: https://bitcointalk.org/index.php?topic=3058528.0
Whitepaper: https://goo.gl/g3edH2
Telegram: https://t.me/smartcontainers

Reach me on Bitcointalk https://bitcointalk.org/index.php?action=profile;u=2193404