Bitnautic - A Novel Decentralized Shipping Platform

Hello there!!

Do you know that shipping represent about 90% of the total amount of world trade?

Do you also know that there are over 50,000 merchant ships trading internationally, transporting every kind of
cargo?

The demand for shipping services continues to grow in leaps and bounds due to a rising number of factories and manufacturing outfits. However, environmental regulations, overcapacity, security concerns, low rates are some of the pressing issues that obstruct the growth of the global shipping market.

Container shipping represent the most common method of transporting manufactured goods across the globe and the global container market is in a situation where each carrier feels they can outgrow the market and order capacity that outsizes market growth. What this leads to is overcapacity because the capacity entering the market bigger than growth in the market. There is also trust issues, security threats, environmental regulations, lack of transparency and outdated systems which has led to waste and lower efficiency in the shipping industry.

These problems in the global shipping industry is screaming out for a platform that could bring an end to these major challenges that faces the industry in order to have a more efficient global shipping industry.
In the course of my research, I came about a novel platform that goes to the root of these problems to provide workable solutions to these challenges.

I must say that I was wowed when I read about how this platform proposes to proffer solutions to these problems and I would like to share this amazing platform with you guys.

Introducing Bitnautic – A Novel Decentralized Shipping Platform
Bitnautic is a decentralized shipping platform that aims at transforming the global shipping industry by providing an ecosystem that brings together ship owners, carriers and shippers in order to negotiate and agree on their own terms. BitNautic aims to put an end to the challenges that plague the global shipping industry by enabling all stakeholders, such as importers, exporters, shippers, ship owners, carriers and agents to come together and agree on terms of deals. This helps to avoid the long bureaucratic processes that arise due to multiple parties’ involvement. Bitnautic is a blockchain-based platform which ensures security and the transparency of transactions carried out on this novel platform. Bitnautic platform aims to remove the inefficiencies that characterizes the shipping industry.

Bitnautic was therefore built in order to provide live tracking of all these ships. The platform also monitors the status of these ships and reports to the appropriate stakeholders so that timely and cost-effective decision can be taking thereby making the process of shipping more efficient while saving costs. Some of the groundbreaking achievements the Bitnautic platform aims for are summarized below:

Bitnautic aims to provide a live update of real-time location of all ships in the industry. This is an amazing achievement which helps ship owners to find the optimal cargo.
Bitnautic aims to provide a platform that makes clearing and settlement of transactions much easier with the use of smart contract technology thereby making payments transparent and highly secure.
Bitnautic help carriers to find new customers by searching through all the freight quotation requests from shippers and ensure carriers have direct contact to negotiate your terms.
Bitnautic provides a transparent and easily accessible platform where history of negotiations on each contract are always available on the Blockchain and easy exportable in order to facilitate transactions and better management decision making

In conclusion, Bitnautic basically want to help the active players (shippers, carriers, importers etc.) in the industry achieve some cost savings advantages thereby bringing about palpable growth in the container shipping sector.

Token Information:
TOKEN : BTNT
Price 1ETH = 500 BTNT
Platform Ethereum
Soft cap 5000 ETH
Hard cap 50000 ETH

Token Allocation:
• Pre-ico and Main ico - 70%
• Reserve Funds - 10%
• Team - 6%
• Founders - 4%
• Advisors – 5%
• Bounty – 5%

Funding Breakdown:
Partnership and Acquisition – 30%
International Expansion - 20%
Marketing and Sales - 10%
Admin and Operations – 17%
Research and Development – 10%
Legal Fees – 3%

The Bitnautic Team
The Bitnautic team consists of highly-knowledgeable professionals with years of experience in the shipping industry.