Monday, June 11, 2018

Blockshipping- vision and aim of the GSCP platform

As you know that there are many container shipping industries all over the world. The seaborne trade counts for 60% and approx value of USD12 trillion during 2017. This valuable industry if facing many troubles like low rates, overcapacity, and security threats as well as an increase in environmental regulations. Thus, there comes the need of improved process, increased efficiency as well as fundamental digital transformation so as to ensure the profitability in the coming year. 
If you are thinking that there is no way to get out of this trouble then you are wrong as there is a platform available which can provide the solution to this problem. Blockshipping Company has designed a platform named global shared container platform which aims to make the process of global handling containers efficient. The main aim of this platform is to sort out all the problems related to the container shipping industries.  
The aim of the blockshipping company-  
The purpose for which this platform is being built is to make available blockchain facilitate container asset registry where all the global inventory containers get registered. Their goal is to achieve 60 % market exposure along with 16 million units of container registered with GSCP. This goal is meant to be achieved within 3-4 years.  
The vision of GSCP platform-  
Their vision is to develop into a primary platform where the payments between stakeholders, physical handling, sharing of container or haulage are maintained. Another vision is primary IOT platform for the shipping industry. Using this platform real-time container tracking can be done and their visibility is enabled to each stakeholder. The data insights are monitored like machine learning, AI, IOT data as well as blockchain data.  
Use of the blockchain provides the transparency and financial settlement which works when intermodal transport is issued as well as when the containers are exchanged between the streets turned or carriers and the exporters and importers.  
The GSCP platform is based on the blockchain which allows the wide range of industries and stakeholders to achieve the reduced container inventories as well as save the cost. This concept is based on a real-time exchange of information. With the technology which offers the real-time visibility, blockchain facilitated smart contracts automation process, as well as payments between the parties, can be maintained easily.  
Blockshipping ICO-  
In the Nordic region, first shipping ICO is going to be launched by the blockshipping company. GSCP platform will issue two token among which one is CPT or internal container platform token while another one is the CCC or container crypto coin. Tokens are issued for ICO on the global Ethereum blockchain.  
Internal token CPT will be used while making settlements and clearing of the transaction and it is pegged to USD or US dollars. Transaction made will relate to various service fees like terminal or depot handling cost, container exchange fees, fee gathered by carriers. Using this GSCP platform and making transaction fees the revenue is generated. Percentage of the revenue goes to the revenue share pool. For more about blockshipping visit its website.  

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