SHIPIT

The world logistics market is undergoing transformation. Postal services are launching alternative methods of delivery of parcels, including sending drones. Nevertheless, consumers are faced with a number of problems, among which the main is the high cost of shipments. The SHIPIT project team wants to solve this and other problems.
Postal companies face huge costs that fall on the shoulders of customers. The company wants to get away from the usual logistics model, using the principles of sharing economy.

Problem solving

Problems that need to be solved:

Increase of the integrity of parcels.
Reduce the number of intermediaries.
Avoiding bureaucracy.
Cheaper postal services.
The market of courier services annually grows by 7-10%. In the future, predicted systematic growth, associated with an increase in consumer demand for goods. For three years, the express delivery market will grow from $240 to $340 billion dollars. The SHIPIT project wants to take a place in this industry. And they want to do this using the concept of sharing economy. According to the developers, the sending of parcels with the help of travelers and fellow travelers will help to solve the above problems.

How it works?

In the center of the ecosystem is a mobile application that unites passengers and senders. Travelers can earn money while traveling.
How safe is it? The developers decided to use the deposit system, multi versification and feedback to maximize reliability and security. In this case, transactions will be carried out through smart contracts, and all data will be recorded in the blockchain, which can not be changed or adjusted.
If you need to send a parcel, through the application you choose the delivery address and the person who will become your courier. All users are verified before they can gain access to the system. The sender photographs the cargo, indicates the start and end point, determines the price, and the system will select several variants of travelers that will fit the given parameters.
Neural networks will be used to automatically process information. Travelers make a deposit before accepting an order, so senders are protected from illegal activities.

Economy and ICO

The system will use two types of currencies: SHIPIT tokens and the traveler's national currency. At his discretion, he can receive payment in a currency that is convenient for him. The company will earn on commission, which is 2% of the cost of sending.
The team collects fund for the development of the project, using the customary ICO format. The sale of tokens is carried out in three stages. The last stage will end on October 31, 2018. For early investors, additional bonuses are provided.

Team

SHIPIT company has 12 main specialists in it, who are experts in logistics, finance, marketing, programming, cryptography and management. Many worked in well-known companies.

Conclusion:

The prospect of cheap international delivery is a key feature of this project. The team is targeting the Asian-Pacific region, this region has the largest number of postal items in the world.
If developers can achieve high transparency and security of courier transactions, the main issue remains for the popularization of the application and the service as a whole.

For more detailed information:

https://token.shipit.me/
White Paper: https://token.shipit.me/files/en/whitepaper.pdf
https://bitcointalk.org/index.php?topic=4685891.new#new
https://t.me/shipit_chat
https://twitter.com/officialshipit
https://www.facebook.com/officialshipit
https://medium.com/@shipitofficial
https://www.reddit.com/user/officialshipit
https://github.com/Shipit-Github/

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