Global trade and transportation is the most economic sector but at the same time it is the least technically advanced sector. CargoCoin is here to revolutionize the transportation sector with blockchain technology. The global transportation industry is worth trillions. As most of the traders connected with internet to exchange the information, blockchain technology provides secure way of exchanging data. Smart contracts provides secured and seamless payment solution. Trade and transportation industry is in desperate need of advanced technology to solve its core problems. And CargoCoin is here to provide solution by blockchain and with smart contracts.
What is CargoCoin ?
CargoCoin is a decentralised blockchain powered platform for providing solution to global trade and transportation problems. CargoCoin project extend support to air, land and sea cargo. CargoCoin provides secure way of exchanging the document, allows transport, trade and provides low cost real time payment options. Billing documents securely stored on blockchain and smart contracts allow real time secure payment solution.
How CargoCoin provide solution :
Transportation sector is the world's largest economic sector. It worth's trillions of dollars. Even today the shipping industry is rely on paper documents. Original documents are sent through courier services. Payments will be done through traditional ways like bank wire transfer which take days to credit. Thanks to CargoCoin it will transform shipping industry by replacing paper documents into blockchain powered secured online documents. Payments will be made through smart contracts in real time. Here are the CargoCoin solution to number of problems :
Reducing fraud : With the implementation of smart agreements fraud can be minimised. Until both the parties agree to the terms, payments will not be done. Duplication of documents can be eliminated.
Lowering cost & minimising delay : In CargoCoin, blockchain acts as a middlemen between exporter, importer and transporter. By blockchain, paper documents can completely eliminated. And the paper document associated costs like currier and printing costs will be eliminated. Documents can be sent through online in real time without any delay.
Increased trust : As blockchain acts as a middlemen, it will increase the trust. And payments can be made through secured smart contact, will increase transparency and trust.
Secured information & Safe archiving : As all the documents are stored on blockchain, there is no leakage of any document at any stage of transportation. Decentralisation make it available to public. All the historic transactions are stored in cloud.
Token information :
CargoCoin Token - CRGO
Total supply - 10 million
Pre ICO - April, 1st 2018 @ 00:00 – April, 15th 2018 @ 23:59
Soft cap - $5 million
ICO - April, 16th 2018 @ 00:00 - December, 31st @ 23:59 UTC
Hard cap - $55 million
Buy CargoCoin here : https://thecargocoin.com/b02728
- Conclusion : CargoCoin is here to connect the technology with transportation industry. Transportation sector is the world's largest economic sector. Using blockchain technology all the paper transactions can be eliminated, which saves cost and time. Delayed traditional payment systems like banking wire transfer which takes upto 7 days for payment can be changed to instant real time payment by smart contracts. CargoCoin is a revolutionary project to invest.
Learn more about CargoCoin :
But tokens : https://thecargocoin.com/b02728
Whitepaper : https://thecargocoin.com/docs/CargoCoin-Whitepaper.pdf
Facebook page: https://www.facebook.com/thecargocoin/
LinkedIn page: https://www.linkedin.com/company/cargocoin/
YouTube channel: https://www.youtube.com/channel/UCH6E328MCvBIKeHe71Yf16A
Twitter: https://twitter.com/thecargocoin
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3224289
Bitcointalk BOUNTY: https://bitcointalk.org/index.php?topic=3565845
Medium: https://medium.com/@thecargocoin
Telegram channel: @thecargocoin
About Author : Abhijeetcg
Affiliate link : https://thecargocoin.com/b02728