A review on Global Shared Container Platform

The Global Shared Container Platform (GSCP) is a blockchain-based platform powered by Blockshipping and designed to increase efficiency and improve key processes involved in the global handling of containers in the container shipping industry.

How?
Global Shared Container Platform intends to increase efficiency and improve key processes involved in the handling of containers by providing the global container industry with an efficient blockchain enabled container asset registry, where the full global inventory of containers - (estimated to be more than 27 million units by the Worldshipping )- will be registered along with real time location of every single container across the globe.`

With this highly innovative project, GSCP is expected to (1) enable the container shipping industry to realize a saving potential to the tune of USD 5.7 billion per year and (2) reduce the global environmental impact of 4.6 million tons of carbon dioxide annually, according to analysis conducted by the Scandinavian-based consultancy Opsiana and several articles, reports, and books from the internationally renowned shipping Experts and Analysts

GSCP Goal and Vision
According to GSCP, its goal within three to four years is to achieve a 60% market coverage with 16 million containers units in the GSCP blockchain registry. However, its envision itself as

The Primary Registry and Operational Payment Platform for the global container fleet
The Primary Platform for Managing Operational Payments clearing between stakeholders related to physical handling, haulage and sharing of containers
The Global Shipping Industry Primary IOT Platform for real time tracking of containers.

IOT simply means Internet of things, hence GSCP platform is expected to be the primary internet of things platform for the global shipping industry.

In order to ensure that GSCP’s goal and vision are well attained, Blockshipping is launching an ICO for GSCP, with the aim of raising enough funds for GSCP development and acquisition of Commercial of-the-shelf (COTS) software and frameworks needed to be integrated into GSCP to ensure the full functionality of GSCP’s blockchain enabled container asset registry.

GSCP ICO is the first Nordic shipping-related ICO to be based a new Danish ICO framework called The ICO 2.0 Framework

Also, in order to ensure absolute and sustainable functioning of GSCP’s blockchain enabled container asset registry, and to maintain the value and the originality of GSCP utility token, Blockshipping has created two separate tokens namely

The Container Crypto Coin (CCC), an Ethereum-based external Revenue Shared token/crypto currency, which will be sold publicly during the ICO and traded subsequently on various exchanges across the crypto market.
The Container Platform Token (CPT), an internal utility token, which will be used for all forms of transactions (to pay fees for using the GSCP platform, for clearing and settlement between GSCP participants) on the private GSCP blockchain by GSCP participants.
Find detail information about the characteristic and utility of these tokens on pages 27-30 of Blockshipping Whitepaper

Good news

The internal token (CPT) is intended to support the value of external token on public Ethereum blockchain by sharing revenue generated by the transaction volume in the internal system on the GSCP platform with the external token owners

ICO contributors will be aloowed to sell their Container Crypyo Coins (CCC) back to the GSCP's platform at a floor price until Blockshipping has met certain milestones.

In the light of this, it might interest you know that Blockshipping ICO for GSCP is currently ongoing at Blockshipping Official website and it is expected to end on the 31st of August, 2018. To participate, I advise you read more about this project here and here, as well as watch the video compiled by Blockshipping below. After, you may then proceed to Blockshipping Official website to participate and contribute significantly in support of this project.

Fully appreciate GSCP's concept with the Video below