OVERVIEW OF LogisticsX PROJECT
E-commerce is a process buying products online and getting it deliver to your destination. The market value of E-commerce has increased of recent due to the ideas. People prefer to shop online because it is a process they can quickly identify a goods, buy it cheap and get delivered to them in due time; thereby reduces the stress they ought to undergo.
One of the vital point to consider in E-commerce kind of business is how to deliver order in a schedule time. LogisticsX want to revolutionize an E-commerce process with the introduction of blockchain technology into this ecosystem.
PROBLEMS LogisticsX WANT TO COMBAT
- DELIVERY FAILURE
Majority products do missed or lost at the process of delivery i.e you might order 10 parcels but 7 get delivered to you which ought not to be so.
- DELAY IN DELIVERY TIME
Delivery of products sometimes do delay before getting to the destination; the sender might even missed the location.
- COST OF DELIVERY
Most of the E-commerce platform do charge clients high price for their product to get deliver depending on the location.
- MALTREATMENT OF WORKERS
It came to my knowledge that majority of the E-commerce workers are not compensated with the amount that match their input. They indirectly misused them and still give them the unwanted treatment they don't deserve.
All thank to a great teams of LogisticsX coming up with idea of implementing blockchain into this ecosystem which will bring transparency and make the processes quick and more efficient.
AIMS AND GOAL OF LogisticsX
The aims of LogisticsX is to build a decentralized platform that connects stakeholders, suppliers, retailers and other body involves in E-commerce ecosystem. The introduction of blockchain into this system will enhance trust, transparency and boost the efficiency of delivery services.
FEATURES / BENEFITS OF LogisticsX PLATFORM
The LogisticsX platform initiate a concept of freelancers to serve as delivery worker between points and final destination.
The LogisticsX platform has a trackers to enhance delivery.
The platform connects all the body involved and build a strong relationship in this ecosystem including supply stakeholders.
LogisticsX Token
The platform has introduced a token termed PNP. For each parcel delivered with LogisticsX, the Parker or Runner will receive PNP Tokens.
The token will be used to rewards every contribution made to the platform.
Token Details
Ticker: PNP
Type: Utility-token
Accepted Currencies: ETH, BWX, ICX
TOKEN DISTRIBUTION
40% - Token Sales
20% - Company Reserves
20% - Community Reserves
15% - Team and Advisors
5% - Listing Fees
FUND ALLOCATION
50% - Development
20% - Operations
20% - Marketing
10% - Expansions & Partnerships
TEAM
PARTNERS
SUMMARY
To make the platform friendly, LogisticsX will build a mobile application for both android, IOS and desktop compatible which enhance communication and other uses between bodies involved in this ecosystem. The platform will make delivery fast as never before and the trust will be bold as everything is runs on a decentralized phases.
USEFUL OFFICIAL LINKS;
Website: https://www.logisticsx.io/
Whitepaper: https://logisticsx.io/documents/LogisticsX-Whitepaper-V1.4-11-June-2018.pdf
Twitter: https://twitter.com/LogsXOfficial
Medium: https://www.medium.com/logisticsx
Telegram: http://t.me/logisticsx
WRITER'S INFORMATION
Bitcointalk username: Bunmilove
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2357710
ETH Address: 0xc6888cDbFBfA620B4e078933415BDc5D59d2C9Cf