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LogisticsX aims to utilise blockchain technology to create a decentralised platform. It is envisioned that the trustless nature of the platform will provide the foundation for a harmonized ecosystem between the different stakeholders involved in the last-mile process such as the third party logistics companies, e-commerce retailers, logistics couriers and end recipients. With various technologies and connection methodology used between the logistics stakeholders currently, LogisticsX envisions to set forth the global common standard for the connection between logistics stakeholders to increase efficiency in a global parcel delivery network.
LogisticsX has brought some thrilling concept of freelancers delivering parcels on an adhoc basis (“Runners”) between the collection points and end recipients. Freelancers may also opt to use free spaces in their homes or shops to operate parcel collection points (“Parker Points”). These freelancers operating these spaces will be referred to as parkers (“Parkers”). LogisticsX will develop trustless connect (“Trustless Connect”), a decentralised system that will allow for timestamping and real-time location tracking of parcels.
The Logisticsx platform has structures for their first partner to be Park N Parcel. For each parcel collected or delivered with LogisticsX, the Parker or Runner will receive certain PNP Tokens, subject to periodic adjustments. Additionally, once every year, an additional reward will be given.
LogisticsX will utilise multiple technologies to establish an optimum ecosystem for Trustless Connect and the various stakeholders involved. It is planned that the initial deployment of the LogisticsX system will be a Decentralised Application (“DApp”) on the ICON Foundation (“ICON”) Blockchain. This will provide full interoperability with partner networks such as Blue Whale Foundation (“Blue Whale”) Blockchain. This will be further explained below.
LogisticsX will setup a mobile and web application to streamline relevant communications for users of the LogisticsX ecosystem, this will target Parkers, Runners, and parcel recipients. Apart from existing delivery and collection activities, the DApp-esque functionalities of our platform will empower users of the ecosystem with the ability to access their token store, contribution and activity statistics, and more. In order to ensure rapid rollout across all platforms, LogisticsX network will be aiming towards a common codebase compatible across iOS, Android and desktops, with a Rails RESTful API backend.
LogisticsX DApp
LogisticsX blockchain network will be the system that will hold everything together. It will facilitate transparent and secure access to logistics and parcel tracking through Trustless Connect. It will also be the gateway to the Blue Whale through interoperability supported by ICON, where LogisticsX will utilise the Contribution Activity Manager and Reward Bank for the ecosystem.
At this current juncture, LogisticsX will be developed as a DApp running on top of ICON. As ICON allows interoperability between blockchains, this will allow LogisticsX and Blue Whale to communicate, instead of providing blockchain spawning (i.e. Arbor Child Chains or Side Chains). Hence, the relevant architecture and transaction fees for all activities on LogisticsX will be tied to ICON’s incentives and economics design based on the ICON. For example, LogisticsX DApp will follow the Loop Fault Tolerance(“LFT”) consensus algorithm used by ICON.
LogisticsX architecture will consist of multiple components to enhance modularity for reusability across the core three applications – LogisticsX Mobile and Web Application, Park N Parcel Application, and the LogisticsX API Endpoints.
LogisticsX API endpoints will also be made available for small-medium sized partners or merchants who would like to programmatically access the services in the LogisticsX Ecosystem, but are unable to host a full node by themselves. Easy to use HTTP based APIs are being provided to allow individual retailers to easily integrate with the LogisticsX Ecosystem, and as and where required, JSON compliant data can be returned for further parsing and processing as required by larger merchants or partners.
Roadmap
Q2 2018
Finalise partnership with Park N Parcel
1st Developers Meetup for LogisticsX
LogisticsX signs partnership MOU with Blue Whale Foundation (BWX)
Q3 2018
LogisticsX Token Generation Event (TGE)
Kick off event in Korea with Blue Whale Foundation (1st Annual Summit)
Q4 2018
LogisticsX 2nd Developers Meet up
Development of Trustless Connect
PoC Integration with founding partners
LogisticsX Partnership - Sharing Economy Industry in South-East Asian countries
Q1 2019
Beta launch of LogisticsX Dencentralized Network - Trustless Connect
Q2 2019
LogisticsX Service Offering in select countries in Asia
Development on Blue Whale Foundation's dApp
Q3 2019
LogisticsX launches Delivery Runner service, powered by Trustless Connect
Increase in partnerships sharing economy platforms throughout SEA
Q4 2019
Integration with Blue Whale Foundation MainNet
PoC of ReBa & CAM utilising Blue Whale's ecosystem
Token Allocation
• Token sales: 40%
• Team and advisors: 15%
• Listing fees: 5%
• Company reserves: 20%
• Community reserves: 20%
The funds received from the LOGISTICSX platform token ICO sale are expected to distributed as follows:
• Operations: 20%
• Development of LOGISTICSX platform PNP network: 20%
• Marketing: 20%
• Partnerships and Expansions: 10%
For More Details of LOGISTICSX platform visit these useful links:
• Official Website: https://logisticsx.io
• Whitepaper: https://logisticsx.io/documents/LogisticsX-Whitepaper-V1.4-11-June-2018.pdf
• Telegram: https://t.me/LogisticsX
• Twitter: https://twitter.com/LogsXOfficial
• Medium: https://medium.com/logisticsx
Author: Dulo Wegner
Bitcointalk Profile:
https://bitcointalk.org/index.php?action=profile;u=1196236;sa=account
Eth Address:
0x216CB84Fea07eB219c27AE40d7049Fd627344aBC