Millions of people ship packages daily around the world. However, there are high chances of sender running into issues of expensive shipping services, delivery delays and high risk of shipments getting lost or damaged. Also, Governments often charge different shipping fees and taxes inexplicable to the sender. The significance of these issues in the world of globalization and digitization is going to increase proportionally to the shipping volumes worldwide. Shipit is a mobile app that connects senders and travelers around the globe and provides them with cost-effective, fast and reliable solution to deliver packages.
The objective of Shipit is to create an alternative platform for express deliveries based on principles of sharing economy, blockchain and crowd shipping. Shipit is simple, convenient and safe. To the sender, it reduces shipping cost; to the receiver, Shipit is an excellent tool to earn money while travelling,thereby making trips costs efficient. Its goal is to provide a safe, simple and fast way of shipping items and an opportunity to earn money delivering them.
PROBLEMS :Customs and Postal services cannot boast outstanding efficiency and fast work; sometimes the shipments are delivered behind all reasonable deadline. The courier and parcel delivery services faces the following issues: - High Shipping Costs: Courier and parcel delivery companies have their own motor, railway, air and water means of transportation. Collecting data on shipments' status, processing and sending shipments to destination points requires input of thousands of employees. Such vast operating expenses significantly increases shipping cost borne by the customers. -Shipments getting lost too often: Shipments getting stolen are common not only in the third world countries. Once shipments crosses border, the risk increases due to less strict control. - Shipments is delayed to often: Moving goods from one point to another packaging and storaging implies time costs. As a result, the delivery may take days,weeks or even months.
Also, courier and parcel delivery services have to employ a lot of people, machinery and equipments to take care of insurance policies for their activities. This leads to more significant costs that are eventually carried by customers.
SHIPIT SOLUTIONS Shipit is a symbiosis of best ideas and practises of courier, crowdsource and crowdshipping services. It is going to become a replaceable tool for shipping items. Shipit app is simple and intuitive. It verifies its users and monitors all shipments providing items' safety. Interactive interface makes the shipping simple and fast. It is also the first app of its kind that uses smart contracts and blockchain as a native tool to make people's lives easier all around the world. Integration of the Smart Contracts is one of the main development objectives related to automization and providing transparency. It connects system users and increases their responsibility. Each step taken by a user is checked by smart contract which excludes chances of error or data manipulation. Blockchain provides transparency of user record. All user private data is hashed and safely stored in the blockchain. Subsequently, intercepting a hash gains nothing since it is impossible to identify it.
By implementing blockchain, Shipit builds relations between participants based on transparency and safety. For an app to get the right to process financial transactions between people from different countries of residence, the developers are often forced to go through certain long and bureaucratic procedures as required by some government bodies. Shipit has created its own crypto wallet and currency to address this issue. Integration of crypto wallet will allow users to execute transactions quickly. It would also,spare the app of any issues and restrictions related to fiat transactions.
Shipit will make use of neural network integration that will automatize many processes, eliminate human error effect and minimize human participation in monitoring. MARKET ANALYSIS The global market of courier and parcel delivery services constantly develops and provides the delivery companies with billions of revenue. The IBISWorld experts expect the demand for courier services to continue to increase over the next five years by 2022. This is caused by the growth of customers spending and demand for goods. Also, market growth is subject to globalization and digitization of the world. More and more people have access to the internet and mobile gadgets. Having access to the internet, people can now order goods online at e-stores, buy fly tickets and many more. Also, people are moving into cities from rural areas and getting access to different goods and services, thereby causing urban population growth. The middle class growth has also increased the volume of customer purchases, shipments and spendings.
The shipping services market is highly monopolized. The best market shares belong to DHL, FedEx, Corp, UPS,and TNT. According to annual reports,the lion's share of the cost born by delivery companies is constituted by payroll, maintenance of air and railway transport means fuel and lease expenditures. There is therefore a shift from this 'possession economy' to the 'sharing economy'.The future belongs to "sharing economy". The number of start-ups contributing to sharing economy and attracting more investments grows annually. It is the new socio-economic model that will reshape the consumption of goods and services. Sharing economy is a steady source of income;it provides flexible schedule, extra earnings, it is an easy way to balance work and family.
TARGET MARKET: The Shipits' global goal is the whole world but its first priority is the Asia-Pacific region (APAC). APAC has long been a major focus for multinational enterprises, as the supply chain has been going through the process of globalization. Despite the growth in online spending, the domestic supply chains in the Asia-Pacific region are underdeveloped compared to its export supply chains. Some of the problems that the region is struggling with are inadequate warehouse services, fragmented supply chains, poor technology and service, competition based exclusively on prices. Unlike the US, the APAC market is fragmented and immature and is struggling to cope with high demand. As a result, many retailers and e-commerce providers have created their own logistics solution. Shipit believes that the Asia-Pacific region is the most promising among the largest and developing markets. It will target the capital and largest cities based on large and popular transport hubs coupled with its marketing campaign based on complex online (CPC/CPM channels,Affiliate, PR, SMM, Promo) and off-line promotion ( billboards and promo videos at airport).
SHIPIT KEY FEATURES
Deposits: Deposits serves as an insurance for a shipment in case of theft, loss or damage. It is a reasonable solution for both travelers and senders.
Safety and Reputation: The issue of safety is a pivotal one therefore, Shipit has come up with a very strict criteria for picking senders and travelers. To achieve this,the following action will be undertaken: - Verification - Verification services -Smart messaging - Step-by-step guidance - Actual photos of items taken in real time. - Monitoring - Delivery guarantee - Safety guarantee
Factoring: Factoring is a service provided by factoring companies or banks that is willing to accept the risks of payment delays. Shipit factoring solves the issue of mandatory deposit for shipment's safety payable by a traveler as an insurance.
Smart Contracts: Smart Contracts serve as the best way of automization of the system without moderator's participation. All transactions will be subject to Smart contracts. Thus the app will be fitted with impeccable mechanisms of security and transparency.
Sharing economy and profiles: People are shifting from the consumption and possession economy to the sharing economy. Sharing services have been successful in tackling the issue of trust. 80% of users nowadays are ready to trust a stranger in case his or her profile includes a photo, short biography, record of interactions with other users and reviews. By integrating sharing economy, Shipit gains the capacity to give users the following advantages: - No customs charges or taxes if the item fits green channel requirements. - Lower chances of theft or damages - No paperwork and bureaucracy - Shipping to individuals and legal entities. - Lower cost than when using delivery services. - Sender doesn't overpay for brand and promotion. - Sender's money is fairly distributed within the system. - Travelers manage their luggage more efficiently. - Travelers contribute to the world.
Crowdsource and crowd shipping services: The crowdsource models have proven to be highly demanded, popular and effective. Low financial and time costs of shipping are the advantageous features of crowd shipping.
SHIPIT TOKEN The Shipit token will allow users pay for Shipit app services. Symbol: SHPT Standard: ERC20 ,Type: Utility Overall tokens: 500 000 000 Hard cap: $ 24000000 Soft cap: $3000000 Price: $0.1 TOKEN SALE ALLOCATION Development, product improvement and technical perfecting: 37% Marketing and advertising: 55% Legal: 5% Other: 3% TOKEN DISTRIBUTION Token sale (75%) 300million Team (15%) 75million Partners and advisors (5%) 25million Bounty campaign (5%) 25million ROADMAP Q1 2016: Start of IOS development Q2 2016: IOS Alpha Q3 2016: IOS Alpha testing Q4 2016:IOS Beta Q1 2017: IOS Beta testing Q2 2017: Android Beta Q3 2017: Android Beta testing Q4 2017: IOS and Android Pilot versions. Q1 2018: Open test Q2 2018: Token sale Q3 2018: Crypto wallet integration Q4 2018: SHPT integration into app; Japan and Philippines market penetration. Q1 2019: Blockchain integration and introduction of Smart contracts Q2 2019: Full service gamification Verification system Netverify Q3 2019: Integration of predicting analysis systems. South Korea penetration Q4 2019: Factoring; Mail forwarding and China market Penetration.
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