Our world is currently being revolutionized with technology. Many industries are taking on blockchain to improve their company structure. From all these industries, Logistics industry is also one of them.
Introduction to Smart Containers
Smart Containers is a Swiss-based tech company. They are both Logistics and a blockchain company. They solely aim to disrupt our whole Logistics industry. They are specialized in temperature control and they aim to provide Foods and Pharma goods all around the world with their Temperature Control technology. Not only this, Smart Containers has been active and operational for 5 year.
As our world is growing, our technology moving forward, people demands have also changed. People have been making trades and sending goods from all around the world. As the day passed, our demand for safe and reliable service for goods transportation has increased. Especially foods and pharma goods. Some are very fragile and wasted very easily. This is the place where Smart Containers saw their chance. This is the place what Smart Containers will disrupt.
Our current logistics industry is very big and also it's getting bigger as days passing. Foods and pharma goods transportation is very sensitive and sometimes they get wasted just from a small change in the atmosphere. Smart Containers will provide a container made just for these transportation. They are made with cutting edge technology and they are temperature controlled very carefully.
The containers which Smart Containers will provide will have a tracking system to track the temperature inside the container. This way one can be sure that the goods inside are perfectly fine. Their container compared to other is 75 times better and more reliable as their technology is more advanced. The chance of goods getting wasted by the change in the temperature is less than 0.1%. WHO says that 40% of total vaccines are wasted because of deviation of temperature or broken cold chain. This leads to a $2.5 billion worth products being wasted and thrown away each year because of bad transport.
Partners of Smart Containers
Smart Containers is a majority share holder of SkyCell and FoodGurdians. Here's some key information about them.
SkyCell
SkyCell is currently the fourth largest player in temperature controlled logistics industry. They have achieved this in just only 5 years. SkyCell provides the lowest risk 0.1% when transporting goods comparing to others thus providing the safest transportation. Not only this they are also known for their less costs comparing to other big leaders in market. SkyCell is aiming to be the biggest player in Pharma Logistics and transport goods all around the world safely.
FoodGurdians
FoodGurdians is a Food transportation company. They provide safe and temperature controlled containers which are reusable and reliable. Made with cutting edge technology the containers enables food to be fresh. FoodGurdians aims to provide fresh foods globally and also be successful.
Logistics Industry Problems
Logistics industry is a complex one. Lot of paper works and stuff to be done to make a single shipping. To make a shipping happen between two parties, 200 or more types of paperwork is required or exchanged. Our current system is more expensive to administer a shipment rather than execute the shipment.
The main and primary problem of Logistics industry is it's Centralized. Being centralized it takes more time and cost to make a shipping happen. Not only that it requires 200 paperwork or even to more just because it is centralized. It takes away the most time and cost. Some of the paperwork is:
• Documents of origin
• Material safety sheet
• Airway bill
• Bill of lading
• Transport order
• Customs declaration documents & bills
• Invoices
• Product data sheet 11
• Storage conditions
• Transport conditions
• Multiple service provider billings
• Licenses
The Solution of Smart Containers
The smart Containers solution to the centralized problem is to Decentralize it. Easily said than done but here's how they plan on doing it.
A logistics unit such as parcel or container is mirrored as a virtual product which is to Smart Container a Chip on blockchain infractyre. This chip will be available to the public and at a minimal cost. To this chip many documents can be linked and those documents can be viewed by the relevant parties. (e.g. customs officers, freight forwarders, contractors, shippers, buyers, warehouse workers).
With this ecosystem, it will eliminate any paperwork or if not most of the paperwork. This is will save a lot of time of many people and not only time also cost. After this comes the use of smart contract. By using the power of smart contract, it will be possible to automatically pay the amount in cryptocurrency which the contact was designed for.
Now for security all these information will he available on blockchain and on real time. So if any problems occurs, relevant parties will be able to take action quicky and fast. On the other side some document will be available to the public on blockchain such as ethereum which will be viewable by anyone. And for the data which sensitive, and private it will be on permissioned blockchain. This way Smart Container ecosystem will provide security and privacy.
Smart Containers Tokens
Smart Container is releasing 2 kinds of tokens.
• SMARC Token: SMARC Token will be the share token. Their management team has decided to take on cryptocurrency to scale the funding of SkyCell and FoodGurdians. It will grant 20% future profits and dividends will be paid in ETH to the Token holders.
• LOGI Token: To make their logistics ecosystem come true, LOGI CHAIN was created. LOGI CHAIN is made on blockchain technology and the utility token to this currency name will be LOGI Token. This will work as the main currency to do everything under this ecosystem.
Token Sale
Smart Container will only offer an amount of Token in their token sale. Here the information about their Token Sale
LOGI Token
• Token Symbol: LOGI
• Total Supply: 100,000,000
• Token Sale Amount: 20,000,000(20%)
• Hard Cap: $4m
• Discounted Price: 0.285$
SMARC Token
• Token Symbol: SMARC
• Total Supply: 150,000,000
• Token Sale Amount: 120,000,000(80%)
• Hard Cap: $36m
• Price: 0.432$
Conclusion of Smart Container
Blockchain community believes blockchain has the potential to disrupt Finance and Logistics. Smart Container here exactly taking that opportunity, Logistics Disrupt. Their idea, how they will work, it all has the potential to actually disrupt the whole logistics industry. On the other side their SkyCell and FoodGurdian service will improve our fresh food supply and also providing temperature control to Foods and Pharma goods. Apart from all these, their company is running for 5 years and have many great achievements. Considering all these, their success has higher chance.
If you are interested in them, be sure to check them.out here:
Website: http://smartcontainers.ch/
Facebook: https://goo.gl/iKfyFk
Twitter: https://twitter.com/SMARC_ICO
Telegram: https://t.me/smartcontainers
ANN Thread: https://bitcointalk.org/index.php?topic=3058528.0
Whitepaper: https://goo.gl/g3edH2
My Profile:
BTT Username: Sakib0194
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1841935;sa=summary
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I indeed agree with the fact that blockchain will change finance and logistics. Decentralized logistics, seems interesting enough
This one looks good. Out of all the ICOs, this one seems to actually be an existing company.