BLOCKSHIPPING - Reshaping the Global Shipping Industry

The Global Shipping Industry is one of the world’s largest industries. According to a statistics from statista.com over 60% of the world seaborne trades which is said to be valued for over 12 trillion USD in 2017. It is therefore one of the most important and most valuable industries in transit and trading.

The Shipping Industry is not without it’s problems. On a daily basis, thousands of containers are shipped around the world. It faces issues like low rates, security threats, overcapacity and increasing environmental regulations.

Fortunately, with the use of blockchain technology and smart contracts, the team behind BlockShipping came along with a solution. The introduced Global Shared Containers Platform (GSCP) which was created to increase the efficiency of global handling of containers which would therefore solve major problems that are faced in the container shipping industry of today.

The most important purpose of the GSCP platform is to provide a refined blockchain enabled container asset registry that would show the detailed account of all single container around the world also showing it’s real-time locations. In three to four years time, BlockShipping sets to achieve a market coverage of 60% that would consist of 16 million containers units registered under the GSCP blockchain platform.

Also, GSCP aims at
• Becoming the primary platform that controls and manages operational payments between stakeholders which is in line with physical handling, transporting, and distribution of containers
• Becoming the top IOT platform foe real-time tracking of containers and paving ways for real-time visibility of containers to all stakeholders.
The Blockchain based GSCP platform will bring about a wide range of stakeholders

The Blockchain based GSCP platform will bring about a wide range of stakeholders, terminal, operators, transportation companies to minimise costs and reduce container inventories that would be based on real time exchange of informations. The technology will give an insight to real-time visibility and provide an enabled smart contract that makes automated transactions between two or more parties.

The BLOCKSHIPPING platform will function on its GSCP token.
The GSCP token model involves the issuance of two tokens:
-The internal utility token, Container Platform Token - or CPT
-The external Revenue Share Token, Container Crypto Coin - or CCC.

CPT will be used for all transactions between the users of the platform. These transactions will cover services related to global container handling. And then, the small percentage of those fees will go to Revenue Share Pool and will be passed on to the owners of the CCC tokens.

TOKEN INFORMATION
BlockShipping is currently at their ICO stage that us aimed at making collections for funds that would be used to make developments, thus expanding the industry and market as a whole
Therefore up to 50,000,000 CCC (Container Crypto Coins) tokens are issued.
• HardCap – 24.8 million USD
• ICO Price Per Token - $0.62
• Public Sales - 14th may - 14th june 2018

For more information about the project please visit the following links below:
Website: https://www.blockshipping.io/
Whitepaper: https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
Twitter: https://twitter.com/blockshipping
Facebook: https://www.facebook.com/blockshipping
Telegram: https://t.me/blockshipping
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3502572.0
Author’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2234576;sa=showPosts