LaneAxis project is a freight forwarding company. LaneAxis currently covers American market. Using their experience in organizing cargo transportation, the project creators decided to bring the company to a new level. Having organized a decentralized platform, LaneAxis creators want to form a single database that unites all international carriers with freighters without the participation of intermediaries. The elimination of intermediaries and the direct organization of trips will allow increasing the profits of carriers and, accordingly, reduce the freighting costs to 30%. Nowadays, the freight market is in a great need of renovation, since transport is loaded with cargo only in one direction, and a driver drives back with an empty trailer. By registering in a common database, each driver can choose the best route, which will help not to lose time while driving in the opposite direction.
Key features of LaneAxis
LaneAxis platform allows freighters and manufacturers to track goods transported in real time using GPS-enabled devices. All documents of the entire transport cycle from confirming delivery to its proof are stored in an unchangeable blockchain-based single book of orders. LaneAxis will avoid paperwork by focusing on the work process.
Advantages of LaneAxis
Blockchain is a natural solution to simplify logistics in transport organization. Goods are transported to the destination by hired contract carriers. Senders and carriers are currently connected by intermediaries who charge up to 30% fee. LaneAxis offers logistics of cargo transportation through artificial intelligence. Compared with the usual organization of the process, the artificial intelligence of the project will allow tracking the location of a vehicle in real time to receive instant proof of goods shipment of from partners. All completed transaction documentation is stored in a single database and cannot be deleted, which guarantees protection of the interests of a freighter and a carrier.
To optimize the planning and logistics of delivery, LaneAxis collects analytical data from thousands of trucks in its network and displays the most optimal routes. Carriers are assigned ratings based on delivery history to help freighters select the most appropriate carrier to send them. The work of the project is carried out through a single network that drivers use on a daily basis. LaneAxis’s artificial intelligence allows generating performance indicators about the current load of a driver, and offers ways to increase their income.
The project is available both in the web version and the mobile application, allowing to stay in touch and follow each stage of a transaction. Calculations within the project are carried out using smart contracts, which allows making payments and paying contracts quickly and without extra commissions. LaneAxis allows excluding the long-term stages of drawing up contracts and various documents from a transaction - when concluding an electronic agreement, all necessary documents are created automatically and invariably stored in the system.
LaneAxis cryptocurrency
Calculations on the platform are carried out using АXIS token, which serves as a single calculation unit for all types of rewards within the network, such as fuel payment, car maintenance, discounts on auto services, performance rating, etc. A total of 500 million tokens were issued, of which 60% was allocated for sale. Currently, the project the second stage of the main crowdsale until November 2, where you can purchase cryptocurrency at the rate of $0.3 per token.
Summary
Thus, LaneAxis project is an innovative development of American logisticians who bring freight carriers and senders together in one resource. Work without intermediaries, user-friendly interface with a large list of professional tools will allow participants to quickly and easily conduct transactions. Each of the parties will be able to increase their profits by eliminating unnecessary expenses with the help of the project.
LaneAxis project was launched in mid-2014. Currently, the beta version of the project has been successfully tested, and the project is being integrated into the blockchain platform. By the end of 2022, the project creators plan to reach the world level with fully accessible functionality.
Links:
Website: https://www.laneaxis.io/
WhitePaper: https://bit.ly/2P5KyE0
Telegram: https://t.me/laneaxis
Facebook: https://www.facebook.com/LaneAxisVFM/
Twitter: https://twitter.com/LaneAxisVFM
Medium: https://medium.com/laneaxisvfm
ANN: https://bitcoingarden.org/forum/index.php?topic=44338
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.