BLOCKSHIPPING: IMPROVING EFFICIENCY AND ENSURING PROFITABILITY IN CONTAINER SHIPPING INDUSTRY

in blockchain •  6 years ago  (edited)

block shipping new head pic to use.jpg
CONCEPT
Container shipping is different from conventional shipping because it can be moved seamlessly between ships, trucks and trains is used for loading, transporting and unloading goods using container of different sizes.
Denmark, the Scandinavian country, is the largest shipping country worldwide. Danish shipping as regards advancement, efficiency innovations and considerations of environment, etc, sets the pace for others to follow. From transporting dry bulk, offshore, oil tankers and containers, their active activities can never be over emphasized.
The global shared container platform is a block chain enabled platform where a meeting of the Danish shipping and Danish block chain occurs. Behind the GSCP platform is the company’s block shipping that has experts experienced in Block chain technology.
VISION
The platform has a vision to become the main platform to control clearing of operational payments among stakeholders, enable the stakeholders (people who have one duty or another they perform in the industry. Like; carriers, terminal operators, leasing companies, trucking companies, port authorities, BCOs, NVOCCs, freight forwarders and containers' producers) have realtime visibility of containers and monetize the insights of data.

CHALLENGES AND SOLUTIONS
Container shipping industry across the globe is responsible for over 60% of sea trade. Despite this feat, the industry still needs to be more efficient, improve its processes, and ensure a fundamental digital change to ensure gain in the future. The need for these changes to be acted on is because of challenges like over capacity, poor rates, threats on security, increment in environmental regulations, etc, plaguing the industry.
The inability to track containers is another challenge as nobody in the industry could account for the precise location of a container and its state at that time, whether it is loaded or not. Other challenges like sub standardization, slowness, outdated systems, etc abound.
To tackle these challenges, blockshipping's GSCP was created to solve the challenges by ensuring more efficiency in the major steps to take in handling containers globally. This will be achieved by using the block chain technology to register the full inventories of containers worldwide. The GSCP will also ensure that the adoption of realtime tracking devices for containers, is accelerated.
BENEFITS
The platform will help the industry achieve gainful savings and avoid the environmental effect of carbon dioxide emissions annually.
The block chain enables a distributed ledger of inventories and transparency, settlements in the area of finance especially after the issuance of work orders for intermodal transport.
The block chain also enables automation of several processes and payments between parties, using smart contracts.
The platform seeks to unite stakeholders and ensure they trade their services online and at the same time reduce inefficiency and cost.
Building the platform on a private block chain is to enable maximum control, security, privacy, scalability, flexibility, low energy and transaction costs etc.

For more information regarding the project, click the links below;
Website: https://www.blockshipping.io/
Telegram: https://t.me/joinchat/HWi2Gw9VvUw1U5lZObNS2w
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3502572.new#new
Whitepaper: https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
Facebook: https://www.facebook.com/blockshipping
Twitter: https://twitter.com/Blockshipping
Author- oly4life
bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=1577997

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!