Serve introduces a diverse paradigm in the logistic industry, tokenized it.

bob-elr (56)in #serve • 6 years ago (edited)

I will not stretch further over the meaning of blockchain this time but the context of this article is based on the concept of blockchain. "Serve" harnesses the beauty of blockchain technology with the detailed coordination of a complex operation involving many people, supplies or facilities using Blockchain technology which provides a perfect solution to the logistics world.

What Problems does Serve aims to solve?

Logistic is the simple version of the world we live. It can take any form such as partner-to-partner, friend-to-friend etc. Serve ideology was birth to simplify the complex interconnections among the parties in the logistic chain hence to achieve greater efficiency in the return experiences from the interactions of the parties.

In logistics chain, problems can be spotted from dealings, transactions and centralisation of power which leaves a negative experience on the final users and vendors. Serve hopes to inculcate blockchain protocol which is a perfect technology that obviate the primitiveness of the usual logistics paradigm. Serve provides a new Blockchain based paradigm embedded with an open source, decentralised, reliability and trustless features.

Using the simple Pizza problem approach as depicted in the image, the actual cost of the pizza is $11 while the buyer ended up paying $24 as a result of the activities of the middemen. This is quite outrageous. Serve team aims to solve this through deployment of series of smart contract to aid easy and cost-effective transaction. With this, users will be charged 2.5% TC as opposed to the outrageous existing fee of 40%.

Serve' s Team, with their diverse experiences in related fields - logistics, software develpment, law etc are building a platform that will proficiently change logistic model in the last time. It aims to completely eliminate the middlemen involved in the chain of delivery which consequently inflates the transaction cost.

Through the immutability and decentralised features of the Serve Blockchain, it aims to instill reliability as records of transactions are visualised on the distributed networks of interconnected nodes which makes it virtually impossible for alterations and falsification. Through Smart contract deployment, it aims to establish accountability and clear reputation system

In current logistics system, there is lack of quality control, services are limited to certain areas and it is quite difficult to for the small vendors to compete with the giant players. Through Serve's provided Application Interface (APIs) and Software Development Kits (SDKs) , individuals, enterprises and businesses can build decentralised applications on the Serve chain which will is proven to break the aforementioned barriers.

Distinctive Attributes of Serve ecosystem.

Open Protocol, APIs And SDKs : Serve provides an open hub/ for users with technical know who are willing to adopt Blockchain technology to connect through the Serve's interfaces with full kits for developing ideas decentralised applications.

Note

We are developing the Serve protocols based on Ethereum and IPFS for data. If Ethereum does not become significantly more scalable in the near future, we may evaluate additional long-term solutions, such as EOS, NEM, Stellar, and NEO See whitepaper

Marketplace, Vendor Verification And Staking

Serve platform allows vendors to create marketplace that enables mobile applications to be implemented which can be completely rebranded to needs of individuals and/or companies.

For better understanding of the stakes, it is necessary i quote few lines of text from the whitepaper as seen below

Users will have the opportunity to dispute any transaction before or after a successful close. We have
implemented a dual-staking contract that allow Users to stake Serve tokens in order to substantiate
their claims. If no resolution can be found between the parties, they must stake again. If after double
staking, the parties are unable to resolve the dispute, the matter is subject to binding arbitration

Serve's Team

The Serve's team comprises of professionals: Founder, team of advisors and a group of experts with wide experiences in logistics, software development, e-commerce, economics, marketing, security, law and blockchain technology. Read more from images below.

Token Structure

Serve platform will have utility token called "SERVE with below information.

Total Supply	10,000,000,000
Token Price	$0.05
Amount for Private sale	3,500,000,000
Amount Raised @ 50% discount	$25,000
Amount Raised @ 25% discount	$25,000
No discount	$50,000

Token Use Cases

The SERVE Token will be useful in definite areas. Some of which are:

Organisations are mandated to purchase Token in order to create their profiles before consumers will have to confirm their authenticity.
With the SERVE Token , Organisations advertise their products and services as well as offering promotions.
User (consumers) can use the token to purchase any goods and in exchange for services such as courier, transportation and logistics.