Introduction
Changes in worldwide trade has always been influenced by technology – the shipping retainer, barcode and parcel tracing software are just a few of such emerging technologies in the shipping sector. The development of these innovative features has made it possible to send goods to just about anywhere in the globe.
For more than a century, worldwide trading has been developing in leaps and bounds and logistics services have maintained similar growth rate. Owing to the sensitive nature of some ferried goods, there is the need for a dependable and reliable transportation facilities.
This need is more pronounced in products that demand a great level of care in transportation and management, like pharmaceuticals and food items. In recent times, the problem bothers much on pharmaceutical and food coompanies.
Smart Containers Group
Smart Container Group has started resolving the problems associated with transporting sensitive pharmaceutical and food items years ago as they collaborate with several scientific companies and got funded through research awards and grants.
Although a commendable level of success has been achieved in the major domain, the pharmaceutical field, through the use of the company’s custom tech, SkyCell, it is still beset with several challenges and issues.
Blockchain Powered Solution From Smart Containers
The disruptive blockchain technology approach was adopted to resolve the problems identified with transporting goods from one point to the other and logistics was tackled. However, Smart Containers identified that it is highly m and inefficient to go through the traditional logistics procedures, especially in this modern times.
To successfully transport a parcel internationally, it takes up to 200 different redtapes and messages are required to get every party in the shipping procedure on track. Ridiculous as it may sound, the truth is that with the current set up in the shipping industry, costs more to process a shipment than the actual shipping.
Smart Containers is proposing a completely incorporated, borderless logistics ecosystem, where every actor in the shipping industry can participate and is dependent on blockchain technology. This revolutionary system is known as LOGI CHAIN.
LOGI CHAIN aim to phase out the need for humongous documents and cancel the need for series of messages to complete a shipment. Another solution offered to ease shippping of
sensitive pharmaceutical and food item goods is to program the billing of containers such that it is automatically done via self executing smart contracts and paid for using cryptocurrency.
Smart Containers Group Tokens
It is worthy to note that both cofounders and token holders will have shared interests and tips, with every stakeholder involved in a win-win productive relationship. Smart Containers Group ICO is planned to be used to finance innovations and re-pattern the world.
The Smart Containers Group runs a two token system; the SMARC token and the LOGI token with both being Ethereum network based and ERC20 compliant tokens.
The SMARC token is designed as a profit sharing token with 20% of exit profits and future dividends being paid out to all token holders in form of ether. This payment will be arbitrated by the smart contract. The total supply for SMARC token is 150m tokens, of which 80% is earmarked for ICO.
The LOGI token is designated as a utility token and will be used to drive and fund transactions on the LOGI Chain platform. With a total maximum supply of only 100m tokens, 50% of the LOGI tokens will be ploughed into the proposed LOGI CHAIN Foundation while 20% is offered up in the ICO.
The funds generated from the sales of the tokens will be utilized to drive the shipping business in the aspects of increased scaling of SkyCell for B2B and B2C, set up FoodGuardians, set up LOGI CHAIN Foundation, analyzing organic scaling relative to M&A at intervals, and also analyze IPO at appropriate time.
More specifically, funds from SMARC Coin ICO will be used to upscale SkyCell, launch and scale FoodGuardians, reserves and team gratifications, marketing for the two companies, and build up Smart Containers IT unit.
On the other hand, LOGI Coin ICO funds is planned to be used for initial IT building cost, LOGI Foundation initialization and management, marketing investment, funding and fees.
Conclusion
A Switzerland-based company, Smart Containers Group is committed to excellent freight delivery services for sensitive pharmaceutical and food items. Having been in existence for more than four years, the company is now applying blockchain technology to address the problems associated with shipping transport services.
It is a key shareholder of SkyCell and also an important shareholder of FoodGuardians.
Here are some relevant links where you can get further information
Website
Whitepaper
https://goo.gl/g3edH2
ANN Thread
https://bitcointalk.org/index.php?topic=3058528.0
Telegram
https://t.me/smartcontainers
YouTube
https://www.youtube.com/channel/UC4NaVoE-RNhpvmSPN04Teaw/featured
Written by:
Ebykamsiokoro
BTT profile link
https://bitcointalk.org/index.php?action=profile;u=2047938;sa=summary