Smart Containers - Temperature Sensitive Logistics (ICO REVIEW)

Smartcontainers.ch shipping container, the barcode, parcel tracking software: revolutions in global trade have always been determined by technology. Thanks to these milestones, we can send any goods anywhere in the world. For the past hundred years, global trade has been growing exponentially, and logistics services have grown at the same pace.

Smartcontainers.ch transported goods become more sensitive, the need for a trusted and reliable transportation infrastructure is increasing. This is especially important for products which require a higher level of secure transportation and handling, such as pharmaceuticals and food. Today, this challenge weighs heavily on pharma and food companies.

Basic Information

Token                                            :SMARCP

rice                                             : 1 SMARC = 0.432 USD

Platform                                       : Ethereum

Accepting                                     : ETH, BTC, Fiat

Hard cap                                       : 36,000,000 USD

Country                                         : Switzerland

Whitelist/KYC                              : KYC & Whitelist

Restricted areas                             : USA, Iran, Syria, Sudan, Cuba, Burma, Côte d'Ivoire
Website                                         : Click here for visit website official

Whitepaper                                   : Click here for visit their whitepaper

Announcement thread                : Click here for know update information on Bitcointalk

Telegram                                      : Click here to join Telegram Official 

Current Issues

Smart Containers is conceived to solve the following problems:

  • Wastage of Medicinal Product Due to Temperature Deviation: According to World Health Organisation (WHO) statistics, up to 40% of vaccines were compromised due to temperature deficiencies during transit. Affected vaccines have to be thrown out.
  • Inefficient Paper Trail: The logistical process is extremely inefficient and complex, requiring hundreds of different paper documents just to send a parcel from a country to another. Additionally, coordinating communications among stakeholders along the process takes up a huge amount of resources.

Applications

Smart Containers aims to create an integrated logistics ecosystem – called Logi Chain –  backed by blockchain technology that will be seamless for the industry and stakeholders. Logi Chain will be an open logistics ecosystem that will facilitate shipment organization and administration through the use of blockchain technology. This will allow us to create a fully autonomous container that invoices itself through cryptocurrencies. 

 

Here is how the process will work:

  1. Virtual Representation: A physical logistics unit – which can be a container, parcel or product – is replicated as a virtual product represented by a virtual chip on Logi Chain
  2. Virtual Chip: The chip is virtual and can be attained by all stakeholders at minimal costs
  3. Embedded Data: Various data, documents, and attributes relating to the product can be embedded in the chip and made accessible to the relevant parties in the supply process. For instance customs officers, freight forwarders, contractors, shippers, buyers, warehouse workers.

A key distinction of Logi Chain is that not all documents can be publicly available to all participants, with sensitive and private documents being stored on a permission blockchain. The different parties in the shipping process will access the documents through an open source reader.

Token sale 

The public token sale starts in May. 12.8 m tokens will be sold during the public sale, raising USD 5 m. The first tier will be sold at a discount of 15%. The second tier will be discounted by 10% and the third tier comes with a discount of 5%. Oversubscriptions to a bonus tier will be allocated to the following tier. The estimated current bonus tier will be visible on Smartcontainers.ch website. The displayed amount may change due to changing exchange rates and is therefore indicative. Final bonus tier and token allocation will be carried out post-transaction. Oversubscriptions to the entire ICO will be returned to the investors after the closure of the sale

Competitive Set

The only existing competitive solutions are Styrofoam boxes with gel packs or similar elements. However, these solutions are one-way and need to be disposed of after use. Moreover, they are only reliable under moderate climate conditions. The beauty of our business case is that the SkyCell ONE can reduce total cost of shipping by up to 20%, even vs. existing Styrofoam boxes since it is reusable and recyclable. Therefore, it is not only more secure and reliable but also more cost-effective.

Roadmap

 

The roadmap for Smart Container went as far back as 2009 when it was first conceived. They have been constantly developing their hardware since then and are now making a foray into developing their blockchain-backed software to be integrated with their hardware. 

Although not definitive, the alpha and beta version of the software will be delivered by 2018. The development of FoodGuardians technology will also be carried out simultaneously and is scheduled to be ready by 2019.

Contact Author

Username : Bangkecol

Bitcointalk : Bitcointalk Profile 

Website : www.bangkecol.com

Ethereum address : 0xC69e3CD404c4Eee62A9BA237a6cE76a49980BF9a 


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