Shipping is the lifeblood of the global economy. Without shipping, intercontinental trade, raw material transportation, and import / export of affordable food and manufactured goods will not be possible. This precious industry has been in trouble for many years by challenges such as overcapacity, highly variable shipping / delivery rates, increased security and regulatory threats.
To address the industry's critical issue, we created BitNautic, a decentralized platform, based on Ethereum Blockchain, to match demand and delivery service delivery, to all industry stakeholders and assist in changing the way logistics processes are managed
What is BitNautic?
BitNautic is a decentralized market / platform based on Ethereum Blockchain to Match Demand and supply delivery services, to all industry stakeholders: freight forwarders, boat owners, tenants, brokers, importers and exporters.
The BitNautic Decentralization app will have features such as AI (Artificial Intelligence) booking systems, Cargo Booking Systems, Ship Broker Systems, Real-time ship and cargo tracking systems, and Wholesale E-Commerce platforms.
our vision, BitNautic's contribution to the digitalization and decentralization of the shipping industry, will contribute to the growth of developing countries, on open markets and free trade, promote international trade and cooperation, public-private partnerships in industry, knowledge sharing, and bridge the gap between regulators government and shipping industry.
Comparison of BitNautic Benefits
- Ethereal Blockchain Layer
- BitNautic Business Logic Layer (Smart Contract)
- BitNautic Service Layer (Application)
- BitNautic Ecosystem Layer (Third Party Applications)
How does BitNautic work?
In traditional shipping ways, transactions involve many documents such as sales contracts, ship lease agreements, lading bills, port documents, letters of credit, and others related to ships and cargo. All these documents must pass through the department's long chain. BitNautic applies for old traditional delivery methods, which eliminates the need for multiple contracts to be signed multiple times and thereby reduces administrative work. BitNautic also provides services and transportation that are internally driven by decentralized blockchain technology.
Inspired by the workings of the blockchain payment system, BitNautic proposes a trading platform for commodities where consumers, importers / exporters, shipowners, service providers and goods manufacturers will be able to trade their products in open markets and free trade environments. Potential blockchain in this platform makes it immune to hacking, fraud, or viruses making it completely transparent and secure. The BitNautic Decentralized Shipping Platform, taking products, manufacturers, transporters, consumers and everything in between, to one surface.
Implementation of blockchain technology and smart contracts make the process more transparent, safe, effective, less time-consuming and less prone to cyber attacks. In addition, it makes ordering Orders, shipping, shipping, containers or ships more accurate and easy. AI system (artificial intelligence) manages and controls most processes to avoid human error or inefficiency. A complicated calculation of the estimated delivery time of delivery, which if not influenced by unpredictable factors such as bill of lading, port documents, letter of credit and others related to the vessel and by weather conditions on the route to be followed by ship, will be counted by AI. This solves, the biggest challenge facing the shipping industry, as a single solution with the adoption of blockchain technology and smart contracting.
BitNautic has started its operations with a focus on developing countries on the African continent. The development and expansion of BitNautic will be funded with the Crowdsale of Token BitNautic BTNT, used to access the BitNautic platform.
Token Information
- Token Symbol: BTNT
- Token Type: ERC20
- Total Token Supply: 50.000.000 (50 million) BTNT
- Initial distribution: 35.000.000 BTNT 70% of total supply
- Accepted Currency: ETH
- Exchange rate: 1 ETH = 500 BTNT
- Soft Cap: 5,000 ETH
- Hard Cap: 50,000 ETH
- Pre-ICO Start: May 1, 2018 Until 31 May 2018
- ICO Main Start: June 1, 2018 Until July 30, 2018
Token & Fund Allocation
Roadmap
Team
Meet our advisors
Conclusion
Companies spend billions of dollars on their cargo and shipping charges. They believe that optimal path for efficient transportation of the goods is one of the major success strategies of their growth. In general life too, we send many important things from one place to another. There are many companies who offer shipping services but the main challenge associated with them is the lack of transparency in their operation.
Making decentralised applications for the shipping industry to bring transparency and trust is one of the core mission of the platform. I think that they will be one of the pioneers of the blockchain technology in the field of cargo and shipping industry. What do you think about the various applications of the blockchain technology?
More Infomation
Website: https://bitnautic.io/
Whitepaper: https://bitnautic.io/storage/Whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2897114
Telegram: https://t.me/bitnautic_group
Facebook: https://www.facebook.com/bitnautic/
Twitter: https://twitter.com/BitNautic
Medium: https://medium.com/@bitnautic
My profiel link: https://bitcointalk.org/index.php?action=profile;u=1110718
ETH Address: 0xB5fAce1cdD8D68803F9d835e0C17035C44762d5c
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