POWERING THE GLOBAL ECONOMY
The market's global value was $8.1 trillion in 2015, and is expected to grow to $15.5 trillion by 2023, making it one of
the largest industries on the planet.
In the United States, freight and logistics spend in 2015 totaled $1.48 trillion,
nearly 10% of the country's GDP.
55 billion tons of freight was transported in 2015,
with expected growth to 92 billion tons by 2024.
INTRODUCING
SHIPCHAIN
SHIPCHAIN
Imagine a fully integrated system across the entire supply chain, from the moment a shipment leaves the factory, to the final delivery on the customer's doorstep; federated in trustless, transparent blockchain contracts. This is ShipChain.
The ShipChain platform is based on a simple, yet powerful solution called "Track and Trace."
Our ecosystem will encompass all methods of freight, and will include an open API architecture that can integrate with existing freight management software.
THE LOGISTICS PLATFORM OF THE FUTURE
FROM POOR TRACKING
Tracking across multiple carriers is extremely fractured, and
tracking provisions vary between modes of transportation.
TO END-TO-END TRACK & TRACE
The ShipChain platform allows for unified tracking across the
entire supply chain, between all carriers.
FROM NO ACCOUNTABILITY
The FBI estimates that cargo theft causes an annual loss within
the United States of approximately $30 billion per year (and rising),
with an average theft value of $190,000.
TO INCENTIVIZED RESPONSIBILITY
Operators are rewarded for efficient transport routes, and for
delivering goods on time. Theft is reduced by a better tracking system.
FROM MIDDLEMAN MARKUP
Brokers act as gatekeepers to the industry, typically charging a
significant premium, sometimes up to 50%.
TO PLATFORM PARITY
Brokers are no longer required, but can be used when necessary.
Smaller carriers can operate independently.
FROM FRACTURED COMMUNICATION
Across the freight industry, transparency is a well documented problem.
Carriers don't typically communicate with each other.
TO FULL VISIBILITY
Every step of the supply chain process is documented and recorded on either
our main blockchain or our sidechain, creating full transparency and ease
of communication.
TRACKING & TRANSPARENCY
The ShipChain platform unifies shipment tracking on the Ethereum blockchain,
using a sidechain to track individual encrypted geographic waypoints across each smart
contract. With this system, the meaning of each cryptographic waypoint is only accessible
for interpretation by the parties involved in the shipment itself. This gives shippers
more visibility across their supply chain, and allows carriers to communicate with ease.
Information about loads, geo waypoints, and other basic information is recorded and publicly validated within the sidechain. On the shipment's delivery and confirmation, the contract is completed and stored on the main blockchain.
Information about loads, geo waypoints, and other basic information is recorded and publicly validated within the sidechain. On the shipment's delivery and confirmation, the contract is completed and stored on the main blockchain.
ROADMAP
Q4: 2017
Platform under development as of Nov. 2017. Wide-reaching press and marketing campaign (underway.) Token Generation Event pre-sale (complete).
Q1: 2018
Token Generation Event
main-sale (Canceled.) Tokens are distributed. Our freight-tracking pilot program rolls out.
Q2: 2018
The initial Track & Trace platform is integrated with
government-mandated ELD devices.
Q3: 2018
Testing of ShipChain’s Web Platform begins. App development on ShipChain's open ecosystem is
promoted to partners.
Q4: 2018
Track & Trace platform allows carriers to run their
own instance of our platform. The first version of the ShipChain Web platform
is released. Our pilot program is extended into integrated
supply-chain testing.
Q1/2: 2019
Development of custom systems for large carriers on the Track &
Trace platform begins. The ShipChain Web platform is integrated with
external data sources and additional carriers.
Q3: 2019
A small carrier is acquired for internal testing to accelerate
the adoption and development of our Track & Trace platform.
International partnerships are developed to focus on expansion
into global sea freight.
Q4: 2019
Relationships are established with government regulators
to cement ShipChain as the favored tracking technology vendor,
and enhance ELD compliance. Air and sea freight pilot programs
are initiated.
Q1: 2020
Community open source projects are sponsored to accelerate
app development on the ShipChain blockchain. Extensive custom
research and development is concluded for 3PLs and large shippers with
internal fleets.
