A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, LaneAxis which is transforming the global logistics industry by building a Shipper-to-Carrier direct optimization blockchain network powered by smart contracts has arrived.
Before I take you on this voyage, check out this video presentation
Now that your curiosity is set, let's get right to it.
What exactly is LaneAxis?
LaneAxis is in the process of transforming the global logistics industry by building a Shipper-to-Carrier direct optimization blockchain network powered by smart contracts. The platform, once in action, will drive massive, cost-saving efficiencies into the industry and fuel growth of new business paradigm in freight logistics.
The laneaxis blockchain is built to connect shippers directly to carriers, completely detached from unnecessary and costly third party intermediaries. Much in the same way that traditional travel agencies have essentially been replaced by online travel booking sites. Self-executing smart contracts are the future of freight tendering. A shipper’s contract can be uploaded to the blockchain’s immutable ledger with self-executing actions taking place as soon as specific contract requirements are met and verified. Blockchain technology can create a “digitized roadmap” of routes, and smart contracts written into the blockchain can trigger the transfer of funds to a driver instantaneously once a delivery has been completed. It typically takes one to three weeks for most carriers to get paid. With smart contracts, payment is made instantly once the proof of delivery is confirmed. As LaneAxis’ driver community grows, smart contracts will give carriers immediate access to freight. This will provide value to both the shipper in terms of cost reduction, and to the carrier in terms of increased revenue by reducing empty “deadhead” miles.
A United States Department of Transportation study estimates over 20 billion miles per year are driven by empty trucks in the United States. The LaneAxis’ Blockchainbased solution can alert drivers to available loads in their area, or to available loads in regions they are headed to. Carriers, drivers, shippers and the environment all benefit. The blockchain’s immutable ledger is the ideal platform to store all shipment and transactional documents. This includes load manifests, bill of lading, proof of pickup, proof of delivery, driver information, insurance documents, and more.
With numerous key patents approved and pending, the laneaxis software platform is in perfect position to serve as the connective tissue for the application of blockchain technology to the trucking and transportation industry.
How The LaneAxis Platform Works?
The LaneAxis Blockchain verifies and stores all key data and documents involved in a freight movement, including Shippers' contracts, insurance certificates, Department of Transportation registration numbers, and Commercial Drivers License information. During transport, the LaneAxis ledger stores critical data in real-time, including proof-of-pickup, GPS location tracking, exception management, and proof of delivery. The LaneAxis Token serves as an API key granting access to the LaneAxis Blockchain Ecosystem.
The LaneAxis Blockchain injects total security and data integrity into the notoriously disorganized freight and logistics sectors. Utilizing smart contracts on the blockchain’s immutable ledger, Shippers and Carriers can now deal directly with each other, bypassing expensive third party freight brokers.
LaneAxis Real-Time Tracking and Documentation
Cloud-based and highly-secure, the LaneAxis Virtual Freight Management desktop and mobile app delivers real-time shipment visibility and data via GPS, predictive analytics and true shipment control for shipping companies. The platform allows users to monitor all shipments in real-time, adjust geo-fence sizes, receive alerts when hitting milestones or problems and transmit documents instantly (such as Proof of Delivery). The direct result for everyone: money saved, time saved, processes streamlined, products moved faster and more efficiently – all at a low cost-of-entry.
LaneAxis Driver Mobile App
The LaneAxis mobile app provides Carriers full visibility into the status of its Drivers – preventing distracting calls and the need to have the Carrier fax or mail key documents such as the Bill of Lading or Proof of Delivery. The load manifest is transmitted directly to the driver’s mobile phone. Carriers also benefit from verifiable real-time Pickup and Delivery confirmation, avoiding unjustifiable fees from Brokers/Shippers. The intuitive, easy-to-use app also allows for instant accident reporting (take a picture and send), immediate document uploads via the app, and fast payment turnaround. This allows drivers to avoid freight factoring services, which pay drivers immediately, but charge a percentage of the load transaction to do so.
Advantage of LaneAxis
It improves the entire transportation industry business process.
Laneaxis platform helps to cut out the third party brokers or middlemen and making shippers -carrier direct connection.
The Laneaxis software solution
The Laneaxis platform providing a app for mobile and pc that app shows the real time shipment data to the senders via GPS. this platform allows to monitoring shipment in real time receive the alert message of target get reached. The app is easy to use and allows instant message of accident reports.
Shipper smart contracts
A shippers contracts can be uploaded to the blockchain. The blockchain technology can create a digitized road map of routes written in smart contracts this triggers blockchain technology to transfer funds or amount to drivers
The Power of the AXIS Utility Token
The “AXIS” token will serve as the gateway to LaneAxis’ immutable ledger, digitally bolted to the LaneAxis blockchain. The “AXIS” utility token will function as an API access key, as well as a means of transacting services, features, and rewards within the LaneAxis blockchain ecosystem.
LaneAxis AXIS Token Sale and ICO Details
To increase incentivization for proper actions by participants in the ecosystem, and to facilitate fair trade, LaneAxis will utilize the AXIS token. Utilizing the token will incentivize trade partners to participate fairly within the regulatory framework. A few benefits of AXIS tokens are data access for fair participation and trust, regulatory readiness by providing validation in the system and decreased operational expenditures. As the token is utilized, its utilitarian value will increase, while the cost for all participants will decrease.
(Grey) Pre Sale 63%
(Red) Crowd Sale 17%
(Purple) Team 5%
(Blue) Bounties 2.5%
(Green) Reserve 5%
(Yellow) Logistics Community 1.5%
(Light Blue) Private Sale 6%
50% of the tokens generated will go available in the Pre-Sale and 20%in the Crowd Sale.
10% of the tokens will be given to the team for the efforts of building the platform, 2% for the bounty campaigns, which is one of the most effective marketing channels, 2% to the logistics community and finally, 15% will be set aside in the reserve for utilization in unforeseen circumstances.
TGE Hard Cap
Hard cap is 300,000,000 axis tokens
TGE Tiers (w/price per AXIS Token)
(Private Sale) Jun.1 - Jun.20(UTC)
$0.06 (Presale) Jun.21 - Sep.20(UTC)
$0.08 (Public Sale - tier1) Sep.21 - Sep.30(UTC)
$0.10 (Public Sale tier2) Oct.1 - Oct.10(UTC)
$0.12 (Public Sale - tier3) Oct 11 - Oct.20(UTC)
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Bitcointalk : https://bitcointalk.org/index.php?topic=3620267
Telegram : https://t.me/laneaxis
Twitter : https://twitter.com/LaneAxisVFM
Facebook : https://www.facebook.com/LaneAxisVFM/
LinkedIn : https://www.linkedin.com/company/laneaxis
Medium : https://medium.com/laneaxisvfm
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.