Shipchain.io The Decentralized Marketplace For Delivery Services Providers.
Hi Steemian's, hope you all good today just as I am?. I am here today to talk to you guy about a very project call Shipchain.io and its benefit.
Just as you have known me that I always do my research before telling you anything about any project. Now let get to business.
What Is Shipchain.io?
ShipChain is a platform unifies shipment tracking on the Ethereum blockchain, using a sidechain to track individual encrypted geographic waypoints across each smart contract. With this system, the meaning of each cryptographic waypoint is only accessible for interpretation by the parties involved in the shipment itself. This gives shippers more visibility across their supply chain and gives an easy communication between shippers and carriers.
Information about loads, geo waypoints, and other basic information is recorded and publicly validated within the sidechain. On the shipment's delivery and confirmation, the contract is completed and stored on the main blockchain.
And, as we know any data kept on blockchain cannot be tamper, delete or move.
According to Shipchain website;-
Imagine a fully integrated system across the entire supply chain, from the moment a shipment leaves the factory, to the final delivery on the customer's doorstep; federated in trustless, transparent blockchain contracts. This is ShipChain.
The ShipChain platform is based on a simple, yet powerful solution called "Track and Trace."
Our ecosystem will encompass all methods of freight and will include an open API architecture that can integrate with existing freight management software.
Shipchain is here to solve the problems of shipping and delivery methods that have been lagging behind by decades. Shipchain has brought to us the renovation of shipping and the utilization of blockchain, on how it can bring unprecedented efficiency and transparency to the outdated market.
How does Shipchain.io work?
Shipchain.io will act as a decentralized marketplace for businesses and delivery service providers. Using a friendly interface, businesses can have full control over their shipping. This will reduce cost, result in better service and prevent fraud.
credit
What Are The Benefit Of Shipchain?.
Tracking across multiple carriers is extremely sever from the formal way of shipping goods and tracking provisions vary between modes of transportation. The ShipChain platform allows for unified tracking across the entire supply chain, between all carriers.
Operators are rewarded for efficient transport routes, and for delivering goods on time. Theft is reduced by a better tracking system.
As we know mediators act as gatekeepers between the two shippers and receivers, in which they will be charging a significant premium. In Shipchain, brokers or mediators are no longer required but can be used when necessary.
Smaller carriers can operate independently without paying those huge amounts to any brokers that make them end up losing their profit.
All shipping will be trackable and traceable, information about loads, geo waypoints, and other basic information is recorded and publicly render valid on the sidechain. On the shipment's delivery and confirmation, the contract is completed and stored on the main blockchain.
Across the freight industry, transparency is a well-documented problem. Carriers don't typically communicate with each other.
Every step of the supply chain process is documented and recorded on either Shipchain main blockchain or their sidechain, which will create more transparency and easy communication.
Shipchain.io token sale and utility.
Will you like to know more about Shipchain?, Kindly check on those link below.
Thanks to Shipchain.io and @originalworks for this Writting contest.
Shipchain2018.
This post has been submitted for the OriginalWorks Sponsored contest!
You can also follow @contestbot to be notified of future contests!
yes!,thanks.
@originalworks
The @OriginalWorks bot has upvoted and checked this post!
Some similarity seems to be present here:
https://shipchain.io/
It appears the author has cited this source in their work. Great Job!
Great
Thanks you my brother
wlc, brother
Really not into these stuffs by nice read.
Thanks you sir, really appreciate it
Cool! Hoping to understand the cryptocurrency world more, e be like say the thing dey confuse man too much.
Upvoted
Cryptocurrency is very nice and trending investment, please @estrellamag it will be nice if you do search Google about it and ask some crypto expert questions if needed.. Thanks for stopping by sir.
Don't know more about this. ..thanks for the info
You're welcome sir, please do make a research about it, it's a very trending investment those days...
Nice post
Thanks you brother
Nice post. I rely wish to understand fully about cryptosystem and it's economy. Please share more info. Thanks. Followed and upvoted
Thank you @mychidera-eu, please do make a researcher about cryptocurrency probably on google,it is very trending and also when you get confused then you can ask a question from andy crypto expert. Thanks for stoping by.
I do not trade crypto, not really into this but i see the work in it... Seems very detailed.
Thanks your @nwamaka,really appreciate your stopping by