E-commerce has turn out to be a extremely significant side to clients. Over the last 4 years, e-commerce has seen 25 year-on year development to become a $2.3 trillion USD green back business. Associate degree growing range of e-commerce stages have emerged to move antique retailers as they create the most the expediency afforded by the lift up property. Clients presently relish the fine thing about discovering, buying and examination nearly something and having it delivered between hours or perhaps in few moments.
The development in worldwide e-commerce can without a doubt drive the demand for an enhanced walk delivery declaration. In 2016 alone, over 60 billion packages were shipped worldwide, that constitutes a forty eighth increase compared to 20143, this can be estimated produce even sooner because of the ecommerce thunder. E-commerce policies are seeking to improve however they complete orders accurately and expeditiously on an outsized scale.
Problems
• Currently in E-commerce sector Package is also unintelligible for every 0.6 packages delivered. This soaring package delivery failure level is attributed to the growing quality from relate degree evolving life style and work outlines, folks are a lot of typically on the go and not capable to be at a given position for a collection time to collect incoming packages.
• It's determined that delivery businesses within the stroll delivery zone feel the twist on their existing completion model as on line clients demand for more rapidly and superior fulfillment experiences. Additional redelivery tries for missing packages very much will boost the costs borne by supply businesses.
• The existing air carrying ecosystem supply model is vulnerable to intrinsic inefficiencies and delays that end in superior prepared price and lower margins. The “Hub ǀ Spoke” model, that engages delivering packages from one store to individual houses, is adopted by most delivery corporations.
• Vulnerable to any holdup within the hub or some of the spokes, that other dampens package delivery potency. Superior synchronization and combination involving contributors is needed to further improve the e-commerce proficiency to carry out present client demands, and to make the most the achieves from potency improvements.
Solutions
• That value is not made and allocated to any or entire contributors within supply plan in an exceedingly widely hones and smooth way. The safety of on demand worker, offering services as deliver couriers, tend to neglected under this model. With old sectors being stops by sharing financial model via the likes of UBER, supply business are now turning to on demand drivers to save many of on fastened equipped prices.
• LOGISTICSX Platform aims to make a localized block network with the aim of linking universal supply stake holders as well as e-commerce merchants, 3rd persons supply and people handling Parker matter, individual's supplies delivering packages and package recipients in a remarkably multiparty trust less free network.
• LOGISTICSX Platform can ask for top demonstrate however block tech is won to solve the issues and faucet on the options as described within the proceeding part. Supported a printed report by DHL, block tech has shown extreme abilities to improve the clearness and tradability within the few minute supply system.
LOGISTICSX Platform for the Block-chain
As LOGISTICSX Platform enter into the age of block-chain based solutions, platform marvel at the unlimited opportunities it offers us. The possibilities to apply distributed ledgers into their present society are just limited by their technological capabilities, and the level at which institutions and society adopt and accept them.
Smart agreements are just as intelligent as the person that wrote them.
• Sure, like the entire nascent techs, there're queries to ask, answer, and obstacles to cross. technological obstacles and bugs will be quashed as they encounter them. Though, institutional and governmental regulations are a dual edged sword — the system, as a whole, are remain threading slightly, experimenting with where the bars should be drawn at.
• The block-chain system relies on actual world apps and flourishing implementations to solidify its authority and increase global adoption. We believe LOGISTICSX Platform will spur same projects into fruition. With the participation and backing of worldwide e-commerce and international logistics players, they believe they are on the quick track to serious mass for distributed ledger techs.
Sharing financial system meets Block-chain technology
It's undeniable that the sharing financial system has brought about a huge range of options. It's currently at one’s fingertips to monetize only about any asset via ridesharing applications like UBER, trading and reselling platforms like eBay, and abilities and services markets like FIVERR. At the similar time, users now have entree to services and goods which can be tailored to their requirements on an ad hoc basis. In spite of these advantages, much limitations remain exists for this booming financial system.
Most existing firms managing around the idea of sharing economies jobs as a service aggregator, where a decentralized platform links service or goods providers with consumers. This model permits the middle man to capture a vast cut of the incomes, which can outcome in the uneven allocation of worth generated by the givers. This hurts users as providers may need to drive-up prices to revenue from their work.
The present sharing financial system is dominated by monopolies or a scatter of gigantic organizations. This provides them much power over the prices and terms the market will manage it, leaving both consumers and providers with limited bargaining authority. Information from both consumers and providers can also be obtained by these great intermediaries, that can mistreatment the details for other profitable purposes.
With no symbols of slowing downward in the predictable future, the sharing financial system is now mature for an upgrade.
Block-chain: The Modern tech to upgrade the sharing financial system
Block-chain tech is a new technology which can democratize and upgrade the sharing financial system. With Block-chain tech, the need of a 3rd person is eliminated and in its position is a trust free, P2P (peer to peer) distributed ledger where deals and messages can be sent strongly via self-executing smart agreements. The similar shared database of givers and consumers can also be accessed by anybody via multiple diff interfaces customized to suit a purpose. It's fiddle proof, and the system can be built without a middle author.
LOGISTICSX Platform App
LOGISTICSX Platform utilizes block-chain tech to produce a decentralized program that can harmonies the currently fragmented logistic zone. By having the entire forms of package tracking and verification on the block-chain, a trust-free ecosystem can be set-up for visibility among stakeholders such as 3rd party logistics corporations, e-commerce merchants, logistics couriers, and the final recipients. This clear interoperability lets for delivery to be decentralized to numerous logistics courier.
LOGISTICSX Platform will be partnering up with a Foundation Blue Whale (BWX), to increase the revenue stability and employ advantages of freelancers via a Block-chain based system while not compromising on the visibility that conventional sharing financial system platforms allow.
This joint venture assures that freelance logistic courier can be correctly rewarded for their job and that the net advantages generated by the LOGISTICSX Platform are distributed. With the e-commerce sector forecasted to rise to more than $5 trillion USD by 2021, today is the finest time for a transparent, secure and well-organized international package delivery network.
How can LOGISTICSX Platform amendment the walk Delivery Zone?
• Launching Freelance Stake holders into the delivery plan: LOGISTICSX Platform can introduce the outset of freelancers delivering packages on associate degree ad hoc basis among the gathering spots and end recipients. Freelancers may also opt to use free spots in their outlets or homes to work package assortment points.
• Developing Common global Standards between supply Stake holders: numerous integration standards among supply stake holders conjointly end in the unfortunate potency of package delivery. It is regular to possess e-commerce vendors to interact numerous 3 PLs for package supply and contrariwise. As an outcome, 3 PLs could serve a huge array of users, each adopting completely diff integration structures. This issue is further amplified when multiple 3 PLs (worldwide, regional and local) are concerned, above the entire for cross-border package delivery.
LOGISTICSX Network Applications
LOGISTICSX Network can set up a mobile and net app to contour applicable communications for consumers of the LOGISTICSX Network scheme, this might target Runners, Parkers, and package recipients.
With the exemption of existing supply and assortment activities, the D Application-esque features of their platform can empower consumers of the plan with the elasticity to reach their token store, involvement and activity guides, and more. So as to confirm immediate rollout across the entire platforms, LOGISTICSX network is targeting towards a typical codebase compatible across humanoid, APPLE and desktops, with a Rails quiet API backend.
ICO details:
• Token: PNP
• Price: one PNP token = USD $0.04
• Platform: ICON
• Accepting: BWX, ETH, and ICX
• White list/KYC: KYC and White list
• Country: Singapore
• Restricted areas: China and USA
• Hard cap: $11,000,000 USD
• Soft cap: $2,000,000 USD
Token Allocation
• Team and Consultants: 15 percent
• Community reserves: 20 percent
• Token sales: 40 percent
• Corporation reserves: 20 percent
• Listing fees: 5 percent
• Joint venture and Expansions: 10 percent
• Marketing: 20 percent
• Operations: 20 percent
• Development of LOGISTICSX Network PNP: 20 percent
A team of the LOGISTICSX Network
• ERIK CHEONG
• JOEL TOH
• TAN GAN HONG
• VICTOR HENG
• JOEL LIU
For More information about LOGISTICSX Network:
• Official Web site: https://logisticsx.io
• Whitepaper: https://logisticsx.io/documents/LogisticsX-Whitepaper-V1.4-11-June-2018.pdf
• Telegram Group: https://t.me/LogisticsX
• Twitter: https://twitter.com/LogsXOfficial
• Medium: https://medium.com/logisticsx
Bitcointalk username - imemad96
ETH address - 0x1600B687D5a34629BfBB6E0a995Ab577873dE69D