Blockshipping – Revolutionizing the Global Shipping Industry

The Global Shared Container Platform (GSCP) is a unique, open and transformative project that brings together terminal, global land and container operators together to achieve the same goal of huge cost saving in their operation. The target of GSCP is to make this parties achieve extra savings in areas where they have lost all hope.
In a year, it is estimated that the global container industry will be able to save not less than $5.7 billion each year.
Majorly, the project revolves around the Global Shared Container Platform (GSCP). This platform, which is backed up by the blockchain technology seeks to provide live and real-time tracking of any container in the world. There are many advantages that come with this project. There will be instant reuse of empty containers for import or export purposes which will bring about a reduction in the cost of maintaining empty containers. Thus, transport of containers will be more systematic, fair, reliable and cheap.

What Makes the Blockshipping Project Standout

In the entire world’s seaborne trade, container shipping is over 60 percent. Over the years, however, this giant industry has encountered issues like low freight rates, threats of security, overcapacity as well as various environmental regulations.
Many people in the industry agree that global shipping is in dire need of a more efficient, better process and a core digital transformation. This is expected to bring about increased profit and to comply with various regulations. This birthed the Global Shared Container Platform
Irrespective of the enormous success the freight container has had, over the years, many people have realized that there are still chances that can be taken to reduce the wide range of processes. At the moment all over the world, there are over 25 million metal freight containers.

Also, the shipping industry is generally under much financial pressure leading the industry to make their process effective. The general issue is that there is no general track record of the entire container that’s moving from one place to another which is generating payment and switching ownership. The absence of live tracking makes the ship move empty container around which causes loss.
The blockshipping platform is trying to solve the issue by building a database of the missing container. This will be a turnaround for the shipping industry.

The Token Model — Two Tokens
The blockshipping project will be offering a token with the payout. The project will make use of two tokens:

The Container Crypto Coin (CCC) which is the ERC 20 type token. It is Ethereum based and the profits from projects shared among token holders.
The Container Platform Token (CPT will be the internal system tokens. It will be used for all forms of transactions with a fixed value in relation to the US Dollars.

Conclusion:
This is a laudable project from a company with vast experience in what they do. The team has all they need alongside backing from necessary foundations.
Blockshipping has taken note of major areas where the lapses in the shipping industry can be adjusted with technology and blockchain.
Within the first 4 years, they have an impressive target of 60% market penetration which translates to 16 million containers. With a project this impressive, they have secured the backing of few of the largest shipping container companies in the world. This will make blockshipping a success.

Token information and distribution

-Total number of CCC tokens issued: 50,000,000
-Number of tokens offered during the ICO: 42,500,000
-Number of tokens held by founders and advisors: 7,500,000
-Tokens to be sold during pre-sale and the ICO: 40,000,000
-Number of tokens to be given as bonuses: 2,500,000
-Price per token during the ICO: USD 0.62
-Total ICO revenue: USD 24,800,000

Roadmap

Team Behind Blockshipping project

For more information on blockshipping project please visit

Official website: https://www.blockshipping.io
Whitepaper: https://blockshipio.wpengine.com/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
Telegram: https://t.me/joinchat/HWi2Gw9VvUw1U5lZObNS2w
Twitter: https://twitter.com/Blockshipping
Medium: https://medium.com/@Blockshipping