If you have ever interacted with logistics market, you definitely faced many issues. The main issue you might have faced is high pricing. And you don’t really know how your forwarder, or shipping company calculates the commissions, and shipping prices.
Why is the commission high? And what efforts your freight forwarder is actually making?
There are other issues like lack of transparency, and trust. For example, no specific information about damages. And no enough details about the exact route that cargo is taking, and the list goes on.
If you look around, you will find that our life always gets easier with technology. Now you get a car with a driver when you want, and wherever you are, using Uber.
Also, you can pay for goods, and services without even touching the money, using services like PayPal. Or even a digital currency like Bitcoin.
So, to help logistics market become more up to date with new, and efficient technologies, something had to happen. This thing is called Quasa.
A revolution in Logistics Market Technology
New technologies like blockchain, smart contracts and crypto currency are now popular. They are used almost everywhere. This led a group of experienced logistics companies in Russia, and other countries, to unify forces.
They grouped together to brainstorm, and find solutions for the main and ongoing logistics market issues. And to utilize the technologies I mentioned above, to make a revolution in the development of logistics technologies.
So, they formed this solution into a platform called Quasa.
They used the decentralized concept of blockchain, and smart contracts to remove the middleman. And ensure transparency. Also, they created a cryptocurrency of their own, called QuasaCoin or QUA.
This new cryptocurrency will be used to pay for logistics services, on Quasa platform. And it will be generally exchanged between cargo owners, and carriers.
So, why you should support it?
Investing in Quasa project has an estimated huge return on investment. However, there are many benefits to the logistics market as well. And this should help all partied interacting with it, including you.
Let me give you some more details, about the solutions Quasa is providing.
As I mentioned earlier, Quasa utilizes these new technologies to remove the middle man, or intermediaries. And this is unlike other platforms coming to logistics markets recently.
Intermediaries in this market are one of the main causes of lack of transparency, and trust.
In Quasa, the cargo owners and carriers go directly into an agreement, formed as a smart contract. The smart contract organizes the relationship between them, and ensures a high level of security, and trust between the two parties.
Every piece of information regarding the cargo movement, and condition is recorded in the blockchain. And it is available publicly.
Any required payment is automatically processed, based on the smart contract rules agreed upon. And payments will be generally made in QuasaCoin by default.
There will be a revolution in the logistic market. And it is going to take place in 2018, by the support of this project.
So why not become a part of it?!
How to support it?
Using Ethereum and smart contracts, you can support this project. Invest in it by buying QuasaCoin in exchange for ETH currency. And you can order QuasaCoin in any stock exchange, like Coin Base.
This being said, starting from 15th Feb, Quasa ICO will open. And you can start investing in this project right away.
The gains received from these funding rounds will be used efficiently. It will be mainly used to hire new employees for the project, cover legal costs, provide bonuses for founders as well as developers and other formalities.
Conclusions
As an e-commerce investor, I have dealt myself with many issues related to logistics. A wide range of issues, from the lack of transparency and trust, to the high commission fees taken by brokers.
I see Quasa as a solution to these issues.
It is exactly similar to Uber as an efficient solution, for taxi service problems.
We will have all information we need about the service, available online. And, we will interact directly with carriers.
Tracking the cargo, and knowing about its condition will be just a click of a mouse away.
And no certain institutions, or giant corporations, will control or monopolize the market. Every aspect of the logistics services will be decentralized, and available to the public.
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