LogisticsX goals to utilise blockchain know-how to create a decentralised platform. It’s envisioned that the trustless nature of the platform will present the muse for a harmonized ecosystem between the completely different stakeholders concerned within the last-mile course of such because the third get together logistics corporations, e-commerce retailers, logistics couriers and finish recipients. With numerous applied sciences and connection methodology used between the logistics stakeholders at the moment, LogisticsX envisions to set forth the worldwide frequent normal for the connection between logistics stakeholders to extend effectivity in a worldwide parcel supply community..
Transforming Last-Mile Logistics
LogisticsX aims to utilise blockchain technology to create a decentralised platform that will transform last-mile logistics. They envision that the trustless nature of platform will provide the foundation for a harmonised ecosystem, between the different stakeholders involved in the last-mile process such as the third party logistics companies, e-commerce retailers, logistics couriers and end recipients.
LogisticsX envisions to set forth a global standard for communications between logistics stakeholders to increase efficiency, transparency, and security in the global parcel delivery network.
Vision Of LogisticsX
Reduce Missed Parcel
LogisticsX connects global e-commerce retailers and logistics companies with Parker Points in an optimised manner, this will effectively reduce the number of missed parcels.
Efficient multiparty ecosystem that ensures global logistics deliveries can be in a trustless and immutable manner.
Provides freelance logistics couriers an opportunity to obtain employment benefits in the sharing economy model.
Shopping Online Is Easy And Fun
At the heart of the network, Trustless Connect is our indelible ledger upon which all parcels will be tracked on. No one Logistics Provider is able to reverse changes without the other knowing. By protecting parcel transit details in the blockchain, there is no longer a requirement to require implicit trust between Logistics Provider records.
Real-time, immutable timestamping
With parcel movement timestamps cryptographically locked into the blockchain, with real-time transactions enabled via loopchain technology, every participant will have the same point of reference, with tempering being virtually impossible.
With each parcel going through so many different logistics providers, sharing common information on a parcel’s status is crucial. Logistics Providers will just need to create transactions in the blockchain to signal transfer of responsibility at FOB points.
Everyone Can Be Part Of The Last-Mile Ecosystem
They envision a new logistics last mile market, where any individual can contribute to improving the parcel delivery experience and earn in the process, reducing your wait time for parcels.
Now anyone can open up free spaces in their homes or shops (“Parkers”) as a parcel collection points for your neighbours. Help your neighbours reduce the distance of travel for last mile collection and get paid for it.
Anyone can also sign up to be a freelance logistics courier (“Runners”). Earn from delivering parcels when you’re walking or driving back home from work.
LogisticsX & Blue Whale Foundation
LogisticsX has partnering with Blue Whale Foundation, a blockchain tailored for the Gig Economy, where independent workers can take part in the sharing economy, while ensuring that they are fairly reimbursed for their efforts. With this, they are empowering the workers which will power the next-gen last-mile logistics economy.
Advancing logistics towards a decentralised, gig-based economy requires a way to pay and reward all stakeholders. They collaboration with the Blue Whale Ecosystem will allow us to do so, ensuring everyone get paid their dues.
Contribution Activity Manager
Leveraging on Blue Whale Foundation, the Contribution Activity Manager will keep track of rewards earned by gig economy participants, through their activities.
For example, Runners who complete a certain number of parcels in a week will be given a bonus reward via this system.
The Reward Bank is the means of receiving and disbursing payouts and reward tokens to the stakeholders. With this system, they are able to ensure transparency and trustworthiness in the distribution of LogisticsX tokens.
TAN GAN HONG
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