INTRODUCTION
Logistics is a key factor in the manufacturing and supply chain. The success of every production and manufacturing company depends largely on logistics. The challenging part of logistics is that most goods requires specialized techniques and medium to be transported from one place to another and if these measures are not handled professionally can result in losses running into billions of dollars. The food and pharmaceutical industry are two of the most vulnerable. There have been instances of companies paying thousands of US dollars as damages as a result of spoilage caused by sudden drop in temperature. In other words, to achieve the market value of agricultural good and pharmaceutical products, they are required to be transported in containers that are handle and regulated at predefined temperatures. Companies spend huge amount of funds in this logistics demand. For instance, the pharmaceutical industry spent about USD 13.4 billion in 2017 to transport these temperature-sensitive products. This is projected to increase in coming years, thereby providing great opportunity for more innovations. At present, there have been a lot of high-tech innovations in the logistics industry, however, we are not yet where we are supposed to be in the wake of globalization and technological advancement as the industry is not completely free from challenges that hinder efficiency, cost optimization and quality and timely delivery. This is where the Smart containers project comes in. We shall explain the problems facing the temperature-sensitive logistics industry, thereafter we shall detail how the Smart Containers Project will solve them and why this project will achieve the proposed target.
THE PROBLEM
Food and pharma product logistics is very sensitive and always prone to claims and regulatory violations. This is the case with many companies in operation today. The primary cause being deviation from standards (off-spec), poor tracking services, and others. In addition, container logistics involve a lot of paper works which come at great cost and consume lots of time to process. For instance, to make just a single shipment between two countries, over two hundred documents and emails are required. This makes the administrative aspect of the logistics process more expensive than the actual shipment. Nevertheless, the present logistics system is heavily centralized and this makes for inefficiencies and the burden of strangulating regulations.
THE SMART CONTAINER’S SOLUTION
The Smart Container Group is building a fully autonomous paperless logistics system that will address all the needs of the temperature-sensitive food and pharmaceutical industry. Through the integration of IoT into container designs and the deployment of the blockchain, Smart Container will solve the problem of temperature control (which is often the cause of goods falling below standard), tracking of containers as well as the problem of excessive paper works due to centralization. The Smart Containers project will launch the LOGI CHAIN platform which is a seamless, fully integrated digital logistics process that eliminates paper work from the entire shipping process and install automatic billing process through smart contracts. The LOGI CHAIN platform is accessible to every player of the shipping business.
FEATURES OF THE SMART CONTAINERS PROJECT
As an existing company registered in Switzerland, the Smart Containers Group have been solving this container logistics for about 8 years now and have made remarkable successes in this regard. Through one of her division, SkyCell the company have grown into the fourth largest pharma container providers worldwide in just 5 years.
Another wonderful department in the Smart Container Group is the FoodGuardians that is into food logistics. The FoodGuardians is projected to produce the state-of-the-art and cost-effective containers for shipment of farm produce.
The third phase of the Smart Conitainers project is the creation of the LOGI CHAIN, an open logistics ecosystem to facilitate shipment organization and administration by using blockchain technology. With this, the company will be fully autonomous in the container shipment delivery both for pharm products and food products.
To drive this vision to reality, funding is required. Consequently, the Smart Containers Group will be conducting an ICO with the target of raising USD 40 million. Two tokens will be issued to this effect: 150 million SMARC with 120 million offered for ICO to raise USD 36 million and another 100 million LOGI with 20 million offered for ICO to raise USD 4 million. The SMARC token represent profit share coin to scale the SkyCell and the FoodGuardians while the LOGI token will be used to fuel the LOGIN CHAIN ecosystem.
WHY SMART CONTAINERS PROJECT?
There are many reason why this project is a good choice for investment, First the demand for the token will surge as this represent a pioneer project in this line. The potential of this project is huge and gradually, this platform will become the universally adopted option for all shipping needs.
Secondly, with a team that is drawn from the best there is in all the areas relevant to this project, their individual success will invariably translate to this project.
Nevertheless, it is expedient to note that this is a project with a product that offers solution to real life problem. Therefore, there is no doubt in the demand of the product. I will recommend you go through the whitepaper and other necessary materials available to be able to arrive a wise decision.
TEAM AND ROADMAP
This project is championed by a team of expert in various areas of leading technologies. The CEO of this project is Richard Ettl who is a known expert in engineering and management and have led the Smart Container Group to success. Also in the team is Nico Ros and CTO and other notable figures in both blockchain and the real business world.
It is expected that the project will be completed by Q1 2019 as this year will see the completion of the ICO and all other technical developments of the project.
For more information about the project and token sale, please visit any of the links below:
Website: https://smartcontainers.ch/en/
ANN Thread: https://bitcointalk.org/index.php?topic=3058528.0
Whitepaper: https://smartcontainers.ch/en/assets/20180502_smartcontainers_whitepaper_v2.pdf
Telegram: https://t.me/smartcontainers
Bounty Thread: https://bitcointalk.org/index.php?topic=3211636.0
This article was written by:
BTT username: nattykio
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1617655
