Smart Containers: Revolution in the logistics industry using Blockchain technology

Even though logistics industry is growing annually, still is short of requirements of highly sensible products. Trading and logistics industries are growing exponentially from past decades
Smart containers project is introduced by the Swiss-based technology company aiming to help the companies from damaging goods while shipping

Pharmaceutical shipping:

Goods like medicines and food need to handle very carefully, according to World Health Organization (WHO) report 40% of vaccines are degrading due to temperature changes and lack of protection it costs nearly $2.5 billion per year.

Food distribution:

Development in the food industry, home delivery of fresh food in developed countries is steadily growing. Food safety is major concern in the food chains and supermarkets

Smart container is aiming to create fully integrated logistics ecosystem called LOGI CHAIN by eliminating the necessity of paper and e-mail, for example a physical product is transporting from one place to another place it is mirrored as virtual product i.e. virtual chip all the documents related to tracking of the product is linked to chip so that everyone can access the product details in the network.
Some sensible documents need to be secure, it allows only respected parties to access the document

It has two applications as of now

Skycell:

Skycell is the first air freight container company to accept cryptocurrencies for payments it is aiming to ship the pharmaceuticals safely by avoiding temperature deviations it created the safest container on the market, with less than 0.1% temperature deviations.
FoodGuardians:

It offers next generation of reusable containers and boxes for regional and global transport of temperature sensitive food products. It aims to deliver the food directly from farm to doorsteps
All the transactions in login chain ecosystem will be carried out via Logi token

Team:

Richard Ettl - Chief Executive Officer & Co-Founder

He started his career at Bobst Group, a leading producer of packaging machines. He co-founded Smart Containers Group in 2012 and has lead the company to commercial success.

Nico Ros, Chief Technology Officer & Co-Founder

Nico grew up in Basel, Switzerland and studied mathematics, physics, and engineering. He also collaborated with the famous architects Herzog & DeMeuron, constructing some of the most expensive buildings in Switzerland.

Andreas Ernst, Chief Financial Officer

He was regional CFO for the Middle East and Africa in Swissair (today Swiss International Airlines) and Swissport (the biggest ground service provider for airlines). His last role before joining Smart Containers Group was CFO of Unitpool (now called Unilode), the largest independent air-freight container pooling company in the world.

Token Matrix:

SMARC Coin:

Total Supply – 150 million SMARC
Tokens Available in ICO: 120 million SMARC
Hard Cap – 36 million USD.
Token Price – 0.432 USD per SMARC

LOGI Coin:

Total Supply – 10 M
Tokens Available in ICO: 20 M
Hard Cap – 4 million USD.
Token Price –0.285 USD per Logi coin

Verdict:

Pros:

• Core team and advisory team members are well experienced in logistics industry and blockchain technology
• Idea of the project is good, it has huge opportunity in the logistics industry
• It has strong partnership with Emirates, Cargolux and IATA
• Smart Containers company is already backed by high potential companies for funds
• Roadmap is very clear, it shows clear vision till 2019

Cons:

• Explanation of the project is not properly structed in the whitepaper
• Competition is high in the logistics industry
• Since their application FoodGuardians is new to market, it has to prove the features in the market
• Social media hype is low

Links:

Website: https://smartcontainers.ch/en/
Whitepaper: https://bit.ly/2xFIVWa
Twitter: https://twitter.com/SMARC_ICO
Facebook: https://bit.ly/2rg0u8R
Telegram: https://t.me/smartcontainers

Bitcoin talk Username: anushkamehta0902
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH address: 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a