Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.
CargoCoin is a smart platform with the objective to create a global market place for trade & transport services supported by smart contracts & crypto payment methods. CargoCoin uses the blockchain to revolutionize the transportation industry by eliminating inefficiencies and creating massive value for businesses in the industry. The CargoCoin platform target extends globally to any trading company or individual, shipping line, freight forwarder, ship broker and other parties involved in the global trade and transport. The Platform has 2 cores i.e. SERVICES & UTILITIES. Maritime transport is the least technologically developed industry. This is the reason behind the decision to start off with this particular sector. The Services are FREE (no monthly or annual fees) & they are designed to create a global marketplace for trade & transport. Wide user base is a prime objective.
CargoCoin aims to establish a free global marketplace for trade & transport, through blockchain, smart contracts. The Cargo platform ultimately aims to enhance the rise of the Cargo Coin token value by generating a wide user base on the free of charge services section of the platform and the introduction of smart contracts for users to create demand for the Cargo Coin tokens which will further increase the value of the coins.
The Cargo platform has been presented in several stages that will incorporate smart contracts in various fields. The platforms have been presented under the following 1. Shipping platform – A platform that will connect importers, exporters, freight forwarders, booking agents, ship brokers, ship owners, etc. into a single unified marketplace.
Inland platform – development of the global inland transport platform, utilising Smart Contracts. The inland platform will cover all ground based transport, such as trucks, railroad, pipes, etc.
Cargo all-purpose platform – The development of a marketplace, utilising Smart Contracts, allowing manufacturers to showcase their produce and connect them directly with customers, through an established link to the ship and inland transport platforms.
Air cargo platform – Development of air cargo transport, utilising Smart Contracts, including cargo planes, cargo choppers and drones.
The CargoCoin Ecosystem
CargoCoin is set to create a circle that encapsulates all types of transport and cargoes into a single platform and then connect it to the traders of goods. The CargoCoin platform has two core areas which are Services and Utilities. The ecosystem extends globally to any trading company or individual, shipping line, freight forwarder, ship broker and other parties involved in the global trade and transport.
Benefits of using the Cargocoin
• Eliminates fraud risk through the introduction and implementation of the Smart B/L
• Eliminates bank failure or delay risk as the block chain by default cannot bankrupt and payment cannot be controlled, provided that pre-set smart contract conditions are met.
• Eliminates Insolvency risk
• Cost saving since banks charge high taxes and percentage fees.
• It is quick to set it up because counterparties agree on terms on the CargoCoin platform and confirm them. (Time-saving).
• Instant funds release and receipt upon meeting the pre-set conditions
• Confidential, since the Smart L/C is based on Block Chain Crypto security and as such, only authorized personnel from both parties to have access to the complete trade terms and condition.
• It is flexible.
CargoCoin ICO AND TOKEN DETAILS
The CargoCoin token is used to facilitate smart Bill of Lading (B/L) and smart Letter of Credit (L/C). CargoCoin refers to it as “smart” B/L and “smart” L/C because the CargoCoin platform uses smart contracts which provides businesses with the benefits mentioned earlier. CRGO Tokens is a valuable digital asset, which will be used on CargoCoin platform and at the biggest crypto currency markets. With the help of ICO CargoCoin plans to attract the investment resources at a wide range. As suppose, the token sale will be interesting for the owners of digital assets, who would like to transfer them into the more secured investment tool and not to tremble anytime they hear the news about the possible Bitcoin rate falling.
CRGO token will be based on the newest ERC223 token standard as it will be available in the very near future, which has major improvements compared to the ERC20 token standard. The ERC223 allows for more advanced, precise and universal handling of smart contracts, required for the project, while at the same time avoiding potential token traps. The issued tokens will fully act as smart contracts programmed in Solidity and available as open source for everyone to review and inspect the code, thus serving all purposes of the project simultaneously.
The main ICO began on April 1, 2018 and will end on May 15, 2018. With the token price of $1, Soft Cap of 5,000 000 USD and Hard Cap of 55,000 000USD
Price: 1 CRGO = 1 USD
Accepting: ETH, BTC, LTC, Fiat
Minimum investment: 50 USD
Soft cap: 5,000,000 USD
Hard cap: 55,000,000 USD
The CargoCoin road map is based on its full cycle of preparation, development, implementation and marketing.
Team and Advisors
The team consists of highly motivated and qualified members, with experience in the relevant field. Most of the team members know each other from other current and past projects. The members are carefully selected in order to successfully unfold the full potential of the CargoCoin project.
Businesses that wish to implement the CargoCoin platform into their existing business architecture can do so easily. This is because the CargoCoin platform is completely modular, which means that businesses can mix and match the various tools of the CargoCoin platform to fit their exact business needs. Businesses that don’t want to worry about customizing their documents can use standard forms and terms. Businesses can also create custom negotiated conditions and forms if they wish to. In this way, the CargoCoin platform is incredibly powerful because it provides a versatile tool.
The overarching goal of the CargoCoin platform is to optimize interactions in the international trade industry. This includes the interactions between traders, freight forwarders, shipping lines, booking agents, and various other groups that are involved in the process of international trade/transport of cargoes. In essence, the CargoCoin platform provides businesses with a global marketplace for international trade and transport.
CargoCoin will be able to optimize interactions in international trade for businesses by providing the highest-quality possible security, transparency, and accountability for businesses that use the CargoCoin platform.
All of these services will be provided for businesses at an incredibly low cost, so that businesses can save more money. Large-scale businesses can potentially save millions of dollars using the CargoCoin platform; this is money that businesses would otherwise spend on unnecessary fees with traditional platforms.
Be a part of this tremendous project and follow these links for more information;
ANN Thread: https://bitcointalk.org/index.php?topic=3224289
My BTT link: https://bitcointalk.org/index.php?action=profile;u=1688466
My Affiliate Link: https://thecargocoin.com/b02536