Shipchain

in #shipchain20187 years ago (edited)

This is an entry on @originalworks contest: Shipchain Writing Contest

The supply chain market is one of the most heavily-valued market and Shipchain is aiming to hit the bulls-eye on this profitable niche. The market is currently valued at about $10 trillion and it's expected to rise by 50% on the upcoming years.

What's Shipchain?

Shipchain is a revolutionary blockchain system which which is disrupting the Transport & Logistics market.

How exactly is it disrupting the market?

With fully integrated system equipped with open API architechture, Shipchain already works with existing freight management softwares and it makes everything related to the logistics & transport a hell lot easier.
It provides:

* Easy multiple carrier tracking

* Open ledger allowing transpareny & clear communication

* End to End Track and Trace

* Independent Operation

* Incentive system for operators for efficiency

Shipchain works on Ethereum blockchain and the whole process of logistics & transport is initiated through smart contracts so it's more secure and safe than the traditional systems because the information about geo waypoints, loads, and other basic information is recorded and publicly validated in the sidechain. When the delivery is confirmed the information is publicly published on the blockchain. This decreases the risk of loss and theft.
The SHIP tokens will be used for the freight payments allowing better payment system as compared to fiat.

The team and advisors backing up this project are well-experienced and Shipchain is working with a lot of reputable partners like:

It's a promising project and you can learn more about it here : https://shipchain.io/

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