Smart Containers ICO (SMARC Token): Blockchain IoT Storage?

One the industries that are being revolutionized by the blockchain technology is the logistics industry. With all the potential that this new technology brings to the table, it can be a considerably good idea to use this type of technology in your company. Today we will review Smart Containers, a company that knows this very well.

What Is Smart Containers?

Smart Containers is a blockchain and logistics company which is combining the potential of the two technologies by using an integration with some internet of things sensors to create solutions for logistics companies that works with containers.

This project was created by the Swiss company Smart Containers Group. This company provides safe temperature controlled containers for the transport of goods that are sensitive to heat like pharmaceutical goods and food. The goal of the company is to help to ensure that no goods will ever be damaged during their delivery and they want to use blockchain technology for that.

This company was founded by Nico Ros and Richard Ettl, which act as CTO and CEO of the company at the moment. Other key members of the team are Andreas Ernst (CFO), Carla Bunger (business development manager) and Thomas Taroni (head of IT). The company is also being advised by Oliver Bussman and Michael Guzik.

How Does Smart Containers Blockchain IoT Storage Work?

Smart Containers use the Logi Chain blockchain technology together with internet of things devices that enable the company to monitor the containers in real time and store the information about them. This enables the users to have a certain set of advantages like getting rid of paper and disconnected information.

The blockchain might be a decentralized technology, but it does a lot to centralize information for your company, as all the information is no longer stored in paper but on the blockchain in which you can look whenever you want to. By using this technology you can also automate billing in the supply chain of your product and this will help you to reduce transaction fees because cryptocurrencies can be used to pay for services.

One of the other perks of using the Logi Chain blockchain technology is that it opens up the logistics of your company and you can integrate your logistics with the ones from third party companies that might be working with you with more ease.

Smart Containers And Autonomous Container 4.0

The main new product that the company is developing at this moment is the Autonomous Container 4.0. This will be the “ultimate” smart container by using a technology to protect the goods from the heat and be able to manage itself and its temperature settings by itself. More than 50 man-years or research has been put into creating this new product.

This new container will work with the current blockchain technology to ensure that not only the goods will be protected from the heat but that they will also be tracked within the logistics system of the company.

Smart Containers SMARC ICO Details

The company will not only issue one coin, but two coins: the SMARC coin and the LOGI coin. The company intends to get 36 million USD from the first one and 4 million for the second. Here is the information about these tokens:

SMARC Coin: total supply of 150 M, 120 M tokens offered in the ICO. Full price: 0.432 USD per token. Pre-sale discount: 25%.

LOGI Coin: total supply of 10 M, 20 M in the ICO. Full price: 0.285 USD. Pre-sale discount: 25%.

Smart Containers Conclusion

The Smart Containers Group is a very trustworthy company which develops high technological products and that is making an effort to put their best products in the market. This looks to be a company that might have a good chance of succeeding in the ICO.

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