CARGOCOIN REVOLUTIONISING GLOBAL TRADE AND TRANSPORT BY DECENTRALISATION
REVOLUTIONISING GLOBAL TRADE AND TRANSPORT BY DECENTRALISATION
ICO CAPS
Softcap: $5 000 000 USD (REACHED!)
Hardcap: $55 000 000 USD
Pre-ICO: 01.04.2018 - 15.04.2018 | Price : 1 CRGO = $0.50 USD
PROBLEMS
____________
The size of the transport industry is tremendous – the global value of the seaborne trade itself is over $12 trillion (WTO statistics). The value of freight rates is USD 380 Billion is 2017 (UNCTAD). Although the shipping industry is one of the largest economic sectors it is the least technologically advanced one.
Today paper documents are issued for all shipped cargoes, no matter of the transport means. All original documents are being sent by couriers, taking time and money. All cargoes and freights are being paid for in traditional ways – via bank wire transfers or letter of credit. Those are expensive, slow and non-confidential methods. Increasingly more often USD and EUR transactions are being blocked for weeks by US correspondent banks. Anyone in the industry has encountered that problem. Original documents delivery delays and money transfer delays cause unaccounted extra costs, opportunity cost & depreciation of assets, while disturbing a long supply chain.
SOLUTIONS
______________
CargoCoin is designed to be a smart contract, crypto currency platform, decentralising global trade and transport. The platform target is to facilitate and optimise the interaction amongst traders, freight forwarders, shipping lines, booking agents as well as all other parties involved in the international trade and transport of commodities and cargoes. The platform users experience outlines well-balanced ecosystem based on cutting edge crypto security and frictionless interaction.
HOW IT WORKS
______________
The full scale scope of the project extends to all transport areas – shipping industry (containers, bulk, break bulk, liquid bulk), inland transportation (trucks, railways), air cargo (transportation by planes, drones, etc.), other types of transportation, including, but not limited to: pipeline transport, space cargo, intercity and outer city shared rides.
Transport platform: Dedicated platforms for the different types of transport in development will be interconnected, allowing for infinite transportation functionality. The objective is the creation of synergy between the commodities & cargo traders with all transport means on a global scale. The integration of all participants and tools delivers unique, one of a kind eco-system.
CargoCoin development has been set in the following stages:
1. Shipping platform – development of the global shipping platform, utilising Smart Contracts (Smart Bill of Lading, Smart Letter of Credit, etc.), referred to as the platform in this whitepaper. The platform connects importers, exporters, freight forwarders, booking agents, ship brokers, ship owners, etc. into a single unified marketplace.
2. Inland platform – development of the global inland transport platform, utilising Smart Contracts. The inland platform will cover all ground based transport, such as trucks, railroad, pipes, etc.
3. Cargo all-purpose platform – development of a marketplace, utilising Smart Contracts, allowing manufacturers to showcase their produce and connect them directly with customers, through an established link to the ship and inland transport platforms.
4. Air cargo platform – development of air cargo transport, utilising Smart Contracts, including cargo planes, cargo choppers and drones.
Smart Contracts: CargoCoin utilises the transport platform, as a secure transfer and storage method by the means of smart contracts, as well as a payment provider for transport services and cargoes. Fully unleashes the potential of crypto currencies to act as an interactive way of sending, receiving, approving, rejecting and signing documents through the process.
CargoCoin is flexible and allows the parties involved to easily select the terms that they choose to interact with. Options for standard or custom negotiated terms, conditions and forms will boost the user experience. Elimination of language barriers will further facilitate the eco-system participants.
Platform Services:
1. The Shipping Industry: The underlying asset of the Ecosystem;
2. Containers. (FCL, LCL, OOG);
3. Dry Bulk/Break Bulk;
4. Liquid Bulk (tankers, chemical carriers, LNG, LPG);
5. Liner Services;
6. Essential Services to the trade & transport;
7. Manning services (seafarers/crew for ships).
The CargoCoin blockchain technology delivers revolution to the trade & transport by fostering optimisation.
CargoCoin solves a number of problems in the shipping industry:
REDUCING FRAUD
CargoCoin minimises the risk of fraud and in many cases completely eliminates it, by not releasing any payments until the counter parties’ pre-set conditions are fully met.
LOWERING COSTS
CargoCoin reduces costs, compared to high percentages, charged throughout the process by banks, brokers, agents, lines, ports, customs agents, couriers, insurers, etc.
MINIMISING DELAYS
CargoCoin avoids the delays by providing instant exchange, review and approval of documents and payments between the parties involved in the Smart Contract
INCREASING TRUST
CargoCoin relies on the public infrastructure of the Ethereum blockchain, backed by thousands of people in a peer-to-peer decentralised infrastructure.
SECURING INFORMATION
CargoCoin is naturally secured. It relies on the blockchain’s proven hashing algorithm technology without the possibility of information leakage.
SAFE ARCHIVING
CargoCoin, not just allows but fully relies for full historic storage of all transactions ever conducted, thus avoiding risks of physical loss or destruction of paper documents.
ROADMAP
______________
______________
The CargoCoin roadmap is based on its full cycle of preparation, development, implementation and marketing. The project schedule is an estimate and may vary, depending on various factors:
| . |
Q3 2017
✅ START OF IDEA We started the idea of integrating the shipping platform with blockchain payments and smart contracts. | |
| . | Q1 2018 ICO PREPARATION ✅ Preparing the Initial Coin Offering for CargoCoin, gathering a team, selecting advisors, preparing whitepaper.... | |
| . |
Q2 2018
ICO LAUNCH Launching the Initial Coin Offering for CargoCoin | |
| . | Q2 & Q3 2018 SMART CONTRACTS Programming of smart contracts on the ERC223 platform, testing and evaluation | |
| . |
Q3 & Q4 2018
DEVELOPMENT STAGE 1 Development of the global shipping platform, connecting importers, exporters, ship brokers, forwarders, ship owners, etc. (Stage 1). Developing mobile application. | |
| . | Q1 2019 BLOCKCHAIN INTEGRATION Launch of the global shipping platform | |
| . |
Q2 2019
LAUNCH STAGE 1 Launch of the global shipping platform | |
| . | Q2-Q4 2019 MARKETING STAGE 1 Year 2019 will be devoted to marketing and promoting the global shipping platform | |
| . |
Q4 2019
DEVELOPMENT STAGE 2 Starting the development of an inland transport platform (Stage 2) | |
| . | Q1 2020 LAUNCH STAGE 2 Launch of inland transport platform | |
| . |
Q2-Q4 2020
MARKETING STAGE 2 Marketing of the inland transport platform | |
| . | Q4 2020 DEVELOPMENT STAGE 3 Developing of the universal trading platform, directly connecting manufacturers, fleet owners and customers | |
| . |
Q2 2021
LAUNCH STAGE 3 Launch of the all purpose cargo platform | |
| . | Q2-Q4 2021 MARKETING STAGE 3 Marketing of the all purpose cargo platform at stage 3 | |
| . |
Q4 2021
DEVELOPMENT STAGE 4 Development of air cargo platform | |
| . | Q2 2022 LAUNCH STAGE 4 Launch of the air cargo platform | |
| . |
Q2-Q4 2022
MARKETING STAGE 4 Marketing of the air cargo platform | |
| . | Q4 2022 DEVELOPMENT STAGE 5 Development of supply chain platform connecting stages 1, 2 & 4 (shipping, inland and air transport) | |
| . |
Q2 2023
LAUNCH STAGE 5 Launching of the integrated platform | |
| . | Q2-Q4 2023 MARKETING STAGE 5 Marketing of the integrated platform |
TOKEN DETAILS
______________
______________
| . | Token name: | CargoCoin |
| . | Ticker: | CRGO |
| . | Type: | ERC223 (Ethereum Blockchain) |
| . | Total supply: | 100 000 000 CRGO |
| . | Softcap: | $5 000 000 USD |
| . | Hardcap: | $55 000 000 USD |
| . | Token Sale: | 01.04.2018 -31.12.2018 |
| . | Accepted purchase: | ETH, BTC, LTC, Fiat |
| . | Price: | 1 CRGO = $0.50 - 1.00 USD |
| . | Country: | UK |
| . | Whitelist/KYC: | KYC |
| . | Restricted areas: | USA |
TOKEN ALLOCATION
______________
______________
FUNDS DISTRIBUTION
______________
______________
Komentar
Posting Komentar