Smart Containers; Project introduction

In this article I will be introducing a project that wants to use the Blockchain to revolutionize the logistics industry. This project is known as Smart container.

What is the logistics industry about?

Logistics companies are responsible for the movement of physical stuff like food, medicine, materials, Liquids, etc. They are known for the strategizing, implementation, and organization of the effective and efficient distribution and storage of goods, materials, equipment, etc between the points of production to the consumption point so as to meet the demand of the final consumers. 

The logistics industry is plagued with the following challenges

• Wastage of temperature sensitive products due to temperature deviations: The distribution of temperature sensitive products like foods (especially perishable foods) and medicines/vaccines usually require a certain degree of temperature in order to be preserved. The problem is that the present logistics companies cannot provide most of these products with the required temperature, which thereby lead to the wastage of most of these products. According to the whitepaper, there is an estimate that there is yearly wastage of products worth more than $2.5 billion in pharmaceutical companies due to temperature deviation while transporting the products. 
• Complexity in logistics process: The logistic process in the industry is tremendously complex and inefficient to execute. The process of shipping a parcel from one location could prove extremely difficult as it require a lot of paper works, enormous documents and long communication process to be executed. The affect math effect of this on the logistical process is delay and inefficiency in the transaction process.

The above stated problems have plagued the industry and have restricted the development of the industry. There is an obvious need for an innovative change in the whole industry.

Introducing Smart Containers

Smart containers is a project that is using the combination of Blockchain technology and IOT (internet of things) to provide innovation, efficiency and solution to the challenges of the logistics industry. Smart Containers seeks to solve the problem of Wastage of temperature sensitive products by providing containers that are temperature safe for the distribution of products. Smart Containers will use Autonomous container 4.0, which will capable of managing and regulating the temperature by itself in other to protect the goods

Smart Container will also solve the problem of complexity in the transaction process through the use of an ecosystem called LOGI CHAIN. LOGI CHAIN is a decentralized logistics ecosystem created with the purpose eliminating the complex transaction process in the industry. This ecosystem will eliminate the necessary paper works and documents in the logistics process by automating the creation of invoice for shipping parcel and through the use of smart contracts and payments will be made with cryptocurrency.

Smart Containers is the perfect solution to the challenges of the logistics industry.

Essential Contacts

Website: http://smartcontainers.ch/

Telegram Group: https://t.me/smartcontainers 

Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3058528.0 

Whitepaper: https://goo.gl/g3edH2 

My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1633818