The blockchain revolution is also revolutionizing other industries like the logistics and transportation industry. CargoChain Solutions, our subject today, intends to be a part of this change. The company intends to bring more accountability to transportation and logistics by using blockchain, artificial intelligence and highly developed technology.
What Is CargoChain Solutions?
The company has decided to create a B2B platform that will be able to solve issues that were caused by only using paperwork or similar antiquated solutions in these areas. By doing this, it can help in the traceability of goods, to know the ownership of them easily and to eliminate inefficiencies in the process.
Another solution that the company has the potential to bring to business is facilitating the payments, as they will be easily able to use smart contracts to pay everybody involved in the process from the manufacturer to shipment.
As industries are continuing to grow, companies like CargoChain Solutions are increasingly more important than they were before. As these businesses get increasingly big and complex, they will need to automate more and have better solutions than they already do, so CargoChain Solutions intends to be part of the answer to the companies.
CargoChain Solutions Road Map
The project of the CargoChain Solutions (SSC) blockchain has been in development since July 2017. The CCS Marketplace, in which the users will be able to contact each other and negotiate, will be available on Beta version in June 2018 and released in August. The CCS Connect API will also be released in August. The API will enable all the involved to work together and use smart contracts.
The full launch will also have the CCS GO and the CCS HUB. The first one is a mobile application for the people who just can’t sit down to work and for proof of collection or delivery. The CCS HUB will also be central, as it will be the place to connect with other users, administer your work and monitor its progress.
The CCS Pay is scheduled for the end of 2018. It will be a payment method that will use the Stellar blockchain. The CCS TMS will be a cloud-based Transport Management system which will be scalable and secure and it will be launched only in 2019.
CargoChain Solutions Token Sale
Total Tokens: 650 million tokens ever created.
65% released during the token sales.
Unlike many companies, CargoChain Solutions will have its ICO after the project is almost complete. The tokens will be the only currency accepted to use the services of the platform and to pay people using it, so if you want to use it, you have to buy them and they are cheaper now.
The sale will go from April 23 to May 20 and the price per token will increase from $0.07 USD to $0.10 USD per TICS token every week. You have to be whitelisted to participate and people from the United States are banned from the ICO.
From the money of the ICO, 40% will be used on marketing, 25% on operations and development, 15% in infrastructure, 10% in the recruitment of personnel, 5% in legal fees and 5% in cash flow reserves.
The CargoChain Solutions Verdict
It looks like CargoChain Solutions can be a good solution for logistics. If there is an area that can be helped by the speed, precision and transparency of the blockchain is certainly this one. If you work in this niche and you have already not chosen a blockchain company to aid you in the future you will certainly lose money, so CargoChain is a decent option in case you do not have any other in mind.