Introduction
The world is moving fast. Things are changing by the day even as different technologies are emerging. 2008 witnessed rapid decline in the world’s economy, leaving so many on a crossroad with the big question, where do we go from here? From 2009, the fortune of the world’s commercial operations has been confidently innovative to a level of competition and technological advancement, with the institution of the Blockchain technology combined with the Ethereum Blockchain which has demonstrated to be consistent and self-sufficient against the previous conventional institutions. From experiential sources, it has been established that cryptocurrency is developing asset class management industry; it has long been held that supernumerary investments are an important module in portfolio management. From old-fashioned examples of substitute nest egg include but not limited to merchandises, private equity, hedge funds, real estate and artworks which by implications have low price returns and correlations to orthodox assets classes such as equities and bonds that can provide modification to the portfolio on the other hand.
QUASA operating company is decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the blockchain technology and its own crypto currency, And the platform is a system product created by a consortium of the most powerful, competent, and experienced logistic companies and organizations all over the world. And also blockchain and smart contracts serve as the way forward into the Industrial use, creating economies of scale and potentially aggregating supply. Decentralized manufacturing will make the industry more accessible, secure and economically sound for more participants in a direct peer-to-peer (P2P) ecosystem.
Therefore, the QUASA Wallet would central to every interaction in the ecosystem, and also be secure storage and exchange platform for both cryptocurrencies and fiat currencies, enabling users to deposit, hold, send, and exchange supported cryptocurrencies and fiat. Merchants can freely choose and switch between different blockchain assets for payments. Users can convert from BTC, ETH, QUA and vice versa, utilise peer-to-peer transfers and exchanges, and pay for merchant services.
What is Quasa?
QUASA — is a decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the block chain and its own crypto currency. Such an approach takes the development of logistic technologies to a completely new level and ensures total security and privacy in the whole supply chain.
QUASA involves several suppliers and carriers in order to secure step-by-step integration of all the participants of the supply chains into the delivery platform, and this requires a unified register. An open register proposed by Cisco Systems seems a suitable solution.
Online cargo monitoring. In QUASA interface the GPS tracking data and the data on technical status of the loading are automatically saved in the smart-contract storage.
Guaranteed payment for services and efficient paperwork. The carrier terminates the transportation of the goods and transfers them to the cargo owner or the next carrier.
The functions of the system are designed to protect cargo owners and carriers through the blockchain and the smart-contract technology in order to eliminate possible problems related to trust, information barriers, and legal costs. The target audience of the service operates in b2b, b2c and even c2c models.
Logistics is associated with many aspects which are difficult to be taken into consideration in a single IT solution. That is why QUASA platform has helped to attract experts among the leaders in this field in order to avoid drawbacks overlooked by potential competitors.
The future Aim of QUASA
• Safe transportation. As soon as the client selects and confirms his transport contract, QUASA initiates a smart-contract with all the participants of the transportation and with the insurance company. The client’s digital money is credited directly to the smart-contract which manages the means of transportation. The smart-contract informs all the participants and starts controlling the fulfillment of the transportation.
• Transport services sales. The carrier informs QUASA about the location of the unloaded vehicle. This service includes the transportation by the carrier and creates a proposal for the contract or for the participation to the auction for the shipping contract initiation.
• Online cargo monitoring. In QUASA interface the GPS tracking data and the data on technical status of the loading are automatically saved in the smart-contract storage.
• Guaranteed payment for services and efficient paperwork. The carrier terminates the transportation of the goods and transfers them to the cargo owner or the next carrier. The cargo receiver makes an electronic mark about the assumption of the responsibility for the goods. Upon receiving this mark, the smart-contract performs a money settlement with the carrier. The smart-contract registers and provides the cargo owner’s documents signed in the digital form.
Logistics is associated with many aspects which are difficult to be taken into consideration in a single IT solution. That is why QUASA platform has helped to attract experts among the leaders in this field in order to avoid drawbacks overlooked by potential competitors.
More Information Connect to QUASA
Official Website: http://www.quasa.io/
Ann Thread: https://bitcointalk.org/index.php?topic=2424655.0
Telegram: https://t.me/quasafreight
Whitepaper Link: http://www.quasa.io/whitePaper
Official Facebook Page: https://www.facebook.com/quasagroup
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