ShipIt: Soulful Approach to the Delivery of Parcels

in shipit •  6 years ago 

ShipIt: Soulful Approach to the Delivery of Parcels
https://token.shipit.me

Online shopping and the global economy made delivery the most important service on the market. However, the state postal services are famous for delays and losses of parcels, and delivery through private companies can cost thousands of dollars. Can the blockchain offer a solution?

Developers of ShipIt created a platform for fast and inexpensive delivery of parcels, letters, and orders in online stores. Instead of courier services and faceless corporations - ordinary users going on a trip or business trip abroad. The blockchain, offering to work only with reliable registered users, guarantees the security of delivery. ShipIt benefits everyone: couriers can earn during the trip, and the recipients of the parcels save time and money by addressing directly to the platform participants.

How Does ShipIt Work and What Problems Does it Solve?
The project is built on the principle of the Shared Economy, like AirBnB and Uber - the parties agree on the date and cost of delivery individually, no additional documents are required. ShipIt is suitable for delivery of valuable and fragile goods, sending urgent documents, it will help to buy and bring goods from other countries.

The team distinguishes four advantages of the platform.

1. Deposits - courier and customer insurance system. The price of the parcel is "frozen" in the system if the courier has damaged or lost the goods, the amount is transferred to the customer. Cooperation is formalized by a smart contract, money is transferred to the courier automatically after a successful delivery.

2. Safety and Reputation - multifactor authentication system, registration and verification of user profiles ensure the security of the service. The delivery customer is obliged to describe in detail the properties of the parcel or the desired goods in order to give the courier all the information necessary for processing customs declarations. The deliverer photographs the parcel during the transportation process, receives feedback on each order. The blockchain protects the system from unscrupulous users, customized reviews, and other manipulations.

3. Factoring - the insurance of valuable goods for users who do not have sufficient funds on deposit. For example, a customer bought a MacBook in America and asked to transport it to Germany, but there are not enough funds on the user's account for the deposit. ShipIt's factoring "vouches" for the user, the courier transports the computer.

4. Smart Contracts - delivery time, cost of payment and other nuances of cooperation are described in "smart" contracts based on Ethereum. This approach eliminates the cost of intermediaries, information is processed faster.

ShipIt members receive rating on the platform, unscrupulous users are blocked, moderators carefully check the newcomers.

Crowdsale of the ShipIt Project
The volume of SHPT tokens is 500 million, the cost of each token is 10 cents, coins are issued according to the ERC20 standard. The team plans to collect from 2 to 24 million dollars, the sale of tokens began in May this year.

75% of SHPTs will be realized during the ICO, 15% will go to the team, 5% will be invested in Bounty and support of the platform partners. 55% of the collected funds will go to marketing, 37% will be needed for further product development, 8% will be legal and other expenses.

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