BitNautic Projet Review.

in blockchain •  6 years ago 

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BitNautic is a blockchain based platform with an aim to decentralize the shipping industry (logistics).
The invention of the blockchain is truly making remarkable changes in the world and it's different sections of ecosystems. The shipping industry and it's services (logistics) is not left out in this awesome revolution. The current shipping industry is being neglected and as a result faces some certain challenges.

Challenges faced by the current shipping industry and how BitNautic aims to solve them

  • The challenge of finding and getting a nice offer from prospective providers is really stressful and highly time consuming. With the BitNautic platform, this will no longer be a problem as it's users will be able to compare and get the best reliable contracts in just 5 minutes.
  • The shipping industry is highly centralized i.e a middle man is always present in every transaction and this middle man collects a very high fee for each transaction. BitNautic aims to solve this because it is a decentralized system, all transactions will be done peer-to-peer thereby eliminating the use of a middleman.
  • The inability of finding an affordable shipping. As a participant or user of the BitNautic platform, all you have to do is to simply list your cargo and the system will aid in finding a good opportunity that will fit the volume of your cargo.
  • If you don't know how to prepare shipping documents, do not panic, BitNautic got you covered because registered BitNautic agents are always ever ready to help at a very low fee.

FEATURES OF BITNAUTIC PLATFORM

  • Cargo Booking: This is a feature in the platform whereby shippers from any country will be able to see available ships carrying their cargo, which is based on cargo location and cross matched with the destination.
  • Ship Brokerage System: This system will allow ship owners and carriers to update their location, list ships and find new customers.
  • Tracking System: This system will make a customer able to see the status and position of their ship including other specific information. By keeping track of every system, goods will be transported more quickly and efficiently.
    Other features include
  • Cargo Consideration
  • Wholesale E-commerce
  • Escrow Services.

BITNAUTIC TOKEN (BTNT).
This is the internal cryptocurrency of the BitNautic platform. BTNT is an Ethereum [Erc20] based token that will be used to pay for services and fees in the BitNautic platform. The token will offer liquidity to it's holders and it's continous and widespread use will boost development of the BitNautic platform and add more value to the token.

TOKENOMICS
Token Symbol: BTNT

Token Type: ERC20

Total Token Supply: 50,000,000 BTNT

Initial Distribution: 35,000,000 BTNT

Accepted Currency: ETH

Exchange Rate: 1 ETH = 500 BTNT

Soft Cap: 2,500,000 BTNT ( achieved)

Hard Cap: 25,000,000 BTNT

Funds Allocation
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Token Distribution
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RELATED LINKS
Website: https://bitnautic.io

Whitepaper: https://bitnautic.io/documents.html

Btt Ann. Thread: https://bitcointalk.org/index.php?topic=3351552.0

Facebook: https://www.facebook.com/bitnautic/

Telegram: https://t.me/bitnautic

Medium: https://medium.com/bitnautic

WRITER'S INFO
Name: thaddaeus

Bitcointalk username: beneze

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2190968;sa=summary

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