EFFECT OF TRANSFORMING THE GLOBAL CONTAINER SHIPPING INDUSTRY THROUGH THE BLOCKSHIPPING PLATFORM

Ever wondered that most icos are centered around the same ideologies and as such most are not creative enough to solve the problems they proclaim and wish to solve. The reason being that the problem is already solved by an existing ico firm or they find it hard to hit their soft cap due to low interest in the project reason being that investors don't find it interesting and worthy enough to invest on it.I will like to use this medium to introduce something very different from the regular icos that we've been seeing around in a very perculiar industry which will help the shipping industry in so many ways.

PROBLEMS OF THE SHIPPING INDUSTRIESThe major problem of the shipping industry has to do with the whereabouts of freight containers and other known problems over the years in which no one has been able to solve efficiently and as such i will list some of the common problems below;

  • Security threats
  • Environmental regulations
  • Complicated paper flow for leasing and sale of containers
  • Slow and erroneous collection of fees incurred
  • Sub-standard customer service to shippers
  • Outdated IT systems and processes which are prone to errors and delays
ERADICATING THE PROBLEMS OF THE SHIPPING INDUSTRY THROUGH BLOCKSHIPPING GSCP
GSCP simply means global shared container platform whose purpose is to provide global container asset registry wheere full global inventory of containers is registered alongside real-time location of containers in line with data feeds becoming available over 2 to 3 years built on state of the art technology to maximise the reliabilty and transparency of it's registry.The GSCP platform also aims to become the shipping industry’s primary means of tracking containers around the world, enabling accountability and visibility of containers to all investors and stakeholders. It also hopes to monetize data entry, Artificial Intelligence(AI) and Blockchain data technology. The GSCP technology will leave no stone unturned as it will enable full transparency during transactions in the Container shipping Sector. It also aims at saving costs, by offering real time visibility feature. This feature comes with enabled smart smart contracts that helps transaction among all parties. Most especially, this will come as a good move to the Exporters and Importers who ply their trade through the shipping sector

For more information and insightful knowledge about the Blockshipping platform,visit the following links below;
Website: https://www.blockshipping.io/
WhitePaper: https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf

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