SMARC ICO ANALYSIS. Part 1: Learn about the LOGI CHAIN ecosystem.

in #smartcontainer6 years ago (edited)

Smart Container (SMARC) is a leading provider of container technology. Built on a powerful technology foundation with more than 50 years of human research and nearly 100 patents. But only strong hardware will not suffice. It's a combination of software that makes SMARC's business model more attractive. Currently SMARC is able to track the location, temperature, humidity and general condition of all containers worldwide with sensor infrastructure and gateways in all relevant logistics centers. This high-end solution, providing our customers with unparalleled security and compliance in the industry.

| The necessity of LOGI CHAIN

SMARC will establish a powerful and profitable logistics system. SMARC have a proven track record on the hardware. To make SMARC's business model more attracive now they focus on software by:

  • Invoicing through smart contract payments in crypto currencies
  • Tracking using Blockchain technology
  • Generating THE autonomous shipping parcel

SMARC detects game changing opportunity to create a fully integrated, seamless logistic ecosystem, open to all entities within the industry and based on Blockchain technology. This ecosystem will be called LOGI CHAIN. To build and fuel this open source ecosystem, a utility token is to be created under the name LOGI token.

|What is LOGI CHAIN?

  • Open ecosystem with majority of functionality available free to all logistics companies and users
  • Add-on services (payment, insurance, etc.) provided through partners, with LOGI coin used as payment
  • A seamless, fully autonomous smart container solution for paperless logistics

|The goal of LOGI CHAIN

  • Remove paper and disconnected information such as emails from the shipping process
  • Automatic payment throughout the supply chain and reduced transaction fees by accepting deposits as payment
  • Provides services to the entire logistics community, including logistic operators, airlines, shipping companies, customs brokerage firms and more.

|How does the LOGI CHAIN ecosystem work?

A physical logistical unit ( container, parcel, product, ...) is mirrored as a virtual product (chip) on Blockchain infrastructure. The virtual chip is available for minimal costs to every user. Various documents and attributes can be linked to the chip and made accessible to relevant parties in the process (customs, freight forwarder, contractor, shipper, buyer, warehouse workers).
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Some documents are open to the public and can be seen by everyone on a public Blockchain like Ethereum. Other, more sensitive and private documents will require a permissive Blockchain infrastructure such as Fabric or Corda. The different parties in the shipping process will access the documents through an open source reader.
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This ecosystem will generate considerable efficiencies such as reduced costs, less shipping delays and a reduction in CO2 by eliminating paper & emails that are not integrated. Ultimately though, it will create the autonomous shipping parcel that is invoiced automatically through smart contracts and payed in crypto currencies. Last but not least, it
will enable to take action when a problem occurs in the supply chain process, as information is available in real time to relevant parties.
To build and fuel this open source ecosystem, a utility token is created under the name LOGI token. All transactions made in the LOGI CHAIN will be paid in LOGI tokens. There is a finite amount of 100 M LOGI tokens created and only a small part of them (20%) will be released during the ICO process, funding the first 2 years of costs for the development of the ecosystem with USD 4 M. The independent foundation board based in Zug, Switzerland will be the sentinel of the LOGI token and the LOGI CHAIN economics. We expect the LOGI token to appreciate over time since more and more players will enter the ecosystem and the coin amount is limited. The LOGI token will be THE reference payment currency to process a shipment efficiently worldwide.

| LOGI Coin

Ticket: LOGI
Token type: ERC20
ICO Token Price: 1 LOGI= 0.285 USD
Total Tokens Supply: 100,000,000
Available for token Sale: 20%
Accept: ETH

Pre-Sale: mid-March, by invitation.

25% discount
Crowd Sale: End of March; 11% of tokens
First third: -15% discount
Second third: -10% discount
Final third: -5% discount

| Resources

Official Website:
http://smartcontainers.ch
Whitepaper:
http://smartcontainers.ch/assets/20180205_smartcontainers_whitepaper_v1.pdf
Whitepaper Summary:
http://smartcontainers.ch/assets/smartcontainers_executive_summary_v1_20180126.pdf
FAQ:
https://smartcontainers.ch/assets/20180212_smart_containers_faq_k2.pdf
Telegram Official:
https://t.me/smartcontainers
Telegram Info Channel:
https://t.me/smartcontainers_info
Twitter:
https://twitter.com/SMARC_ICO
Bitcointalk ANN:
https://bitcointalk.org/index.php?topic=3058528.0
Working Products Websites

SkyCell Website
FoodGuardians Website

| Note

As is the case with investments in any security or asset, you should invest in ICOs and tokens only an amount you are willing to lose. Investments in the crypto market are high-risk, high-reward moves and investor due diligence is imperative.

| Scam Alert

If you intend to invest in the project’s ICO, be sure to utilize the official project website. As disappointing as it may be, scammers are rampant in the crypto market and many try to scam investors through deceptive measures by identity theft of project leaders and phishing measures.
You should only contact official company social media profiles for your informational needs and queries, and you should invest in the ICO directly through the company website.

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Very interest company. That's a solid blockchain company in supply chain should do, strong physical assets/operation + blockchain/smart contract

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