The shipping industry has always had communication problems. Even large companies in the shipping industry, such as the US Postal Service and FedEx, have been criticized for their relatively unsuccessful efficiency in sender-receiver communication.
Tracking numbers are part of the system, constantly irritating the complex user base, and many consumers claim that the tracking system used by their favorite company is both inefficient and cumbersome.
The situation is likely to be that cryptocurrency technology on the blockchain can be used to revitalize this boring industry. The function of the blockchain allows the sender and receiver of the packet to perform immutable communication and information storage. In addition, the integration of global cryptocurrencies can free up transaction and conversion costs, further complicating traditional global transportation processes.
What is ShipIt?
Shipit is an initial coin product designed to explore this possibility through their own blockchain-based solutions to address the current problems in the transportation process. The company seeks to consolidate smart contracts and execute billions of shipping orders a year without the intervention of most major companies to send packages.
Now, Shipit offers consumers the opportunity to participate in their projects by creating initial coin products. This review will explain the realities behind Shipit, the important features that drive their fundraising process, and the long-term future of this interesting startup.
How the ShipIt blockchain benefits from travel work
Shipit can serve as a simple courier service with distorted distortions. The site's founders elaborated on their use of evolving blockchain technology and said it would be "the first app of its kind", able to use "smart contracts and blockchains" as shippers and package life Tool receivers are easier than ever.
The app works just like any other shipping service, but with two major fixes.
First, the currency used in the application is the Shipit token. These tokens, which are the same as the tokens sold in the company's crowdfunding campaign, will be used to ship and receive parcels and handle the regular costs that will be assessed under the traditional transportation paradigm. The company believes that the use of central currency will greatly reduce transportation costs, especially when the package is shipped to another country.
Second, Shipit uses smart contracts to facilitate transactions in a transparent and fair manner. While it is not clear from their ICO website how they plan to implement smart contract validation for transactions, smart contracts typically work by performing and verifying interactions (shipping and receiving) after certain parameters are met.
ShipIt SHPT Token ICO Details
Consumers looking for the latest information on Shipit's initial coin offering should review the company's white paper. But in terms of basic facts, potential investors should know that the company is currently selling their fundraising activities privately, raising more than $300,000 by 10 token holders.
The private sale will last until June 30, 2018. At this point, the company will enter the pre-sale portion of the process.
Investors should make sure to explore the payment methods, the nature of the tokens, and other important factors that may change as the company and its strategy evolve.
Web: https://token.shipit.me/
Telegram: https://t.me/shipit_chat
Facebook: https://www.facebook.com/officialshipit
Twitter: https://twitter.com/officialshipit
Media: https://medium.com/@shipit
Whitepaper: https://token.shipit.me/files/en/whitepaper.pdf
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