Today, we live in a world where the discrepancies in prices as well as unequal distribution keep creating multiple problems for many people everywhere they live. There are millions of people who do not even have a single meal per day and the food shortage is responsible for a significant amount of deaths reported worldwide because of the starvation. Further, the inaccessibility to the high quality medicines makes it worse.

When we look at this problem in a broader perspective, we need to find out the underlying reasons which make it a global crisis. Firstly, the world food production is not enough to match the global demand. Next, there is a huge discrepancy in food distribution where some countries have excess amounts while some others are starving and finding difficulties to fulfill even their main meals. Even though these are some major issues, people have less control over it. Finally, it has been identified through the recent researches that one third of the world food production is either wasted or way expired due to the climatic changes, damages caused during the transportation, when storing, etc.

The Smart Containers Group

The Smart Containers group is a Swiss company who are the pioneers in manufacturing high-tech containers to the industry. It is built on a robust technological foundation with almost one hundred patents and more than fifty man-years of research. Their products are extremely reliable and precise compared to that of the current market leader and they are recognized as the producer of the largest fleet of IoT containers in airfreight at the moment.

SkyCell, which is a first division company of the Smart Containers group, which operates in the field of Pharma logistics, has grown into the fourth largest pharma container provider in the world, within a period of five years.

Figure 01: SkyCell's current container fleet

Smart Containers group has entered to the food logistics industry with their second division company named FoodGuardians, which will manufacture the state of the art containers for the food industry.

What are the Smart Containers?

Smart Containers are the ideal solution to facilitate the preservation of temperature sensitive food and pharmaceuticals. These containers are developed with the modern container technology and Internet of Things (IoT) based sensors which are integrated to create a unique ecosystem backed by the blockchain technology. It will guarantee the quality of medicine to be preserved till it comes to the patient’s hand and the freshness of the food to be conserved throughout the process of transportation and storage, from the cultivation to the table.

Smart Containers ICO

The company aims to achieve two objectives through the ICO. Firstly, it is targeting to scale up two companies, the Sky Cell and FoodGuardians, and for that USD 36 million will be raised through the token named “SMARC”.

As the second step, they will revolutionize the logistic industry. With that in mind, they are in the process of creating a fully integrated and seamless logistic ecosystem which will be called the “LOGI CHAIN”. With the implementation of this ecosystem, paper work and the email communication will no longer in use while automating the billing of containers with the support of smart contracts and cryptocurrencies. In other words, the process which is currently handles as in a centralized manner will be decentralized. To fuel it up, a finite utility token which is called the “LOGI” token will be created and only 20 million tokens will be issued at the ICO. The summarized token information is available in Table 01.

Table 01: Token Information

For more information about this wonderful project and ICO, visit the following URLs.

| Website| Whitepaper| Facebook| Twitter| Reddit| Telegram| YouTube| ANN| Bounty|

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