BITNAUTIC ~ A Decentralised Shipping Platform

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Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.
ABOUT BITNAUTIC
BitNautic is a decentralized platform based on blockchain technology for the maritime industry. Bitnautic is creating a platform that wants to eliminate the challenges of logistics such as transparency in operation. They have designed a robust ecosystem based on the blockchain technology for the shipping industry which benefits each stakeholder of the industry. Proof of Stake is utilised for the mining transactions on the Blockchain application to save energy. Booking a cargo, listing your ship on the platform and managing the shipping is easier on the BITNAUTIC platform.
Below Are Some Of The Major Problems Facing The Shipping Industry
· Security Threats
· Poor Tracking
· Environmental Regulations
· Labor Disputes and job Cuts
· Lack Of Transparency
The Solutions to these Problems
Based on the surveys and the reports, there are significant problems being faced by the martime industry. One of its kind, BitNautic facilitates an open market and freetrade, increased international cooperation, government support, public-private partnerships within the industry, knowledge sharing and bridging a gap between the regulators and shipping industry. Because of BitNautic, all concerned parties such as transporters, shippers, cargo owners, and agents will come on the same page and negotiate their own terms. Therefore, it will avoid the long chains that will arise due to multiple parties involvement. All these things happen because of the power of blockchain and also the virtue of the E-commerce platform which make it possible that imported or exported goods can be traded along with the local goods available. The platform will also provide special features including QR code, GPS based suggestions, deals and discount alerts.
BitNautic platforms has below features:
  • Cargo Booking
  • Ship Brokerage System
  • Escrow Services
  • Wholesale E-commerce
  • Tracking System
  • Cargo Consolidation
BitNautic comes with distinctive features like AI (Artificial Intelligence) based booking system, a real-time tracking of ships, an e-commerce platform, special deals and exclusive discounts. BitNautic also introduces a digital currency (BitNautic Coin or BTNC) and deploys Blockchain technology along with smart contracts to support fast and transparent transactions. BitNautic has the potential to bring land, air and ship cargo on one platform, thus, reshaping the way transportation works and touching every aspect of our society. From survey, it is observed that in traditional shipping business, the transactions involve a lot of manual paperwork such as sales contracts, charter party agreements, bills of lading, port documents, letters of credit and others related to vessel and cargo. All these documents need to pass through a long chain of offices. But with the introduction of BitNautic into the shipping industry, all these stress and huddles will be eradicated totally.
TOKEN AND ICO DETAILS
Name: BITNAUTIC
Symbol: BTNT
Type: ERC-20
Total Supply: 50,000,000 BTNT
Initial Distribution: 35,000,000 BTNT
Accepted Currency: ETH
Exchange Rate: 1 ETH = 500 BTNT
Soft Cap: 5,000 ETH
Hard Cap: 50,000 ETH
Token Sale
Pre-ICO
Start date: May 1st, 2018
End date: May 31st, 2018
ICO
Start date: June 1st, 2018
End date: July 30th, 2018
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
With BitNautic, customers will be able to receive a total shipping cost estimate taking into account specific requirements. Then they can directly book it without worrying about anything else. Items will be available for purchase on the Bitnautic platform. Be a part of this tremendous project and follow these links for more information;
Author
nugezmils
BITCOINTALK PROFILE

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