The shipping industry has long been in existence since the 8th century but only truly came into limelight as far back as 1956 when Malcom McLean converted World War II tankers (Ideal X) into a maiden voyage from Port Newark to USA, this was use to convey 15,000 tons of bulk petroleum. Afterwards, companies turned into this approach which birthed the first container shipping company Matson Navigation Company. Since its inception, the shipping industry has thrived and has generated huge revenue that has grown the economy of nations around the world.
The global container shipping industries have been an important part of every nation’s economy because it is the bloodline that connects businesses and trade around the world. However, there are certain factors that have plagued this industry which requires immediate response in order to maintain its potency and competitiveness at all times. It is in light of this that Blockshipping’s Global Shared Container Platform is introduced.
What is Blockshipping?
Blockshipping is an integration of blockchain technology in shipping industry. It is built on a global shared containers platform that enables key processes in managing of containers globally and most importantly it solves problems and challenges being faced in the container shipping industries today. The essence of the global shared containers platform is to prioritize full transparency by using the blockchain based model for the registration of container assets (e.g ship registry). For instance, an inventory of all containers in the world is registered with real time locations of each of these containers around the globe. With this platform in place, there will be an ease in tracking each containers round the globe.
Why is Blockshipping Important?
Blockchain technology has seen a trend that has brought it to limelight in the last decade. This trend is as a result of certain modalities it has in place to checkmate security measures and transparency in every transaction carried out on the chain. An integration of blockchain technology in container shipping industries birthing the team blockshipping is geared towards achieving the following;
Establishing the global market that covers a large percentage of the industry with the use of the global shared containers platform for the registration of containers up to the tune of 16 million containers and beyond.
Establishing a platform that handles daily operational activities such as haulage and sharing of containers, registration of shipping containers, checking and clearing of payments between share holders
Establishing a technology that deals with interconnection of devices whereby the communications between the devices are done in an automated manner using sensors, this technology is known as the internet of things (IOT). This technology will enable the real-time tracking of containers which makes them visible wherever they are.
The conversion of the data insight into a legal tender using machine learning, internet of things data and artificial intelligence and blockchain data.
CONCLUSION
The blockshipping’s global shared data platform intends to build a formidable platform that will not only make shipping easy but achievable with less worry. The problems currently facing the container shipping industries are numerous and if not worked on it will likely lead to a deficient trading system across the globe. This platform is thriving on a number of benefits and has one among the best features in the globe.
In my next review, I will be doing a walkthrough on the challenges encountered in blockchain technology and the solutions blockshipping offers.
MEET THE TEAM
ROAD MAP
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TOKEN INFORMATION
Name: Container Crypto Coin
Total Supply: 50,000,000 CCC
Type: ERC-20
Ticker: CCC
Price: $0.62
Hard cap: 50,000,000 CCC
Token Allocation:
• Public Sale - 70%
• Pre-Sale - 10%
• Advisers, Media and Partners - 10%
• Founders - 5%
• Bonus for presale and public sales – 5%
Funding Breakdown:
Platform Development and Operation – 25%
Software Acquisition: 20%
Market Marker Funds: 45%
CPT Give Away – 10%
For more information on this kindly use the links below
Website: https://www.blockshipping.io/
Whitepaper: https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
ANN:https://bitcointalk.org/index.php?topic=3502572
Facebook: https://www.facebook.com/blockshipping
Telegram: https://t.me/joinchat/HWi2Gw9VvUw1U5lZObNS2w
Twitter: https://twitter.com/Blockshipping
Youtube: https://www.youtube.com/channel/UCy6rhL5daYE8jxbuUgNu6jg
Author btt: https://bitcointalk.org/index.php?action=profile;u=2050345
Blockshipping is a much needed platform in the shipping industry. A platform that provides a live tracking of all containers in the industry is one that will definitely improve the overall efficiency of the container shipping industry. Nice article
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The specialty of this work goes to show how much Blockchain technology is being embraced by the world at large. Thanks for the insight and I hope to see more from you on this project
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Thanks for sharing again, after going through the whitepaper i realized that shipping of goods just got easier and even cheaper with the adoption of the blockshipping cutting edge blockchain technology
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Firstly, I must commend your previous article on the walk-through on blockshipping. How can one participate in this Ico?
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After reading through the outlines of these challenges I can see that there is indeed much work to be done in container shipping industries. Please what feasibility study has been put in place to help make this achievable?
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