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The greatest threat to human life has also caused serious damage to economies of the world. The COVID-19 will leave the countries suffering from economic losses and test human resilience afterwards. What will happen when the pandemic ends is still not clear. The industry is still fighting with the effects it has brought to the world. The global trade and supply chain is disrupted with the virus.

The first thing that the shipping industry will witness is the increased use of remote technologies. And the trend of automation in this industry will come soon. …


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The COVID-19 pandemic has affected all the businesses in the world. The unprecedented attack of Coronavirus has put a halt to all the business activities in the world. Besides the havoc caused by the virus, there are many opportunities that will be unlocked after it. Especially blockchain technology which can play a strong role in the post-COVID world in terms of digital transformation.

The lockdowns as a result of COVID-19 pandemic brought a negative impact on almost all the industries. There will be a low spending on blockchain technologies in 2020 due to the temporary hurdles in the global economy…


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The COVID 19 pandemic will have a long lasting impact on the global economy. The start of 2020 is not a great one for many industries. The rest is done by the rapid transmission of Coronavirus in the world which leads to lockdowns. The strict measures to stay at home and keep social distancing has also affected businesses. The speculations made by economists show that there will be a financial crisis in the world. Shipping industry has also faced a lot of problems due to this situation by lockdowns.

The idea of separating people from each other has halted the…


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Maritime shipping is the fundamental part of world trade. Many industries are associated with it. Shipping is used to transport food, medicines, technology equipment and much more. For growth and sustainable development, cost efficient mechanisms of shipping are followed, especially in the developing world.

There is no country in the world that is sufficient enough to live without maritime shipping. Since trade and commerce entirely depends on maritime shipping, therefore it becomes an essential component for driving the economy of the world. Our daily use products are transported via sea as raw materials or finished products.

Maritime shipping is the…


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The rapidly interconnectedness of the world in the current era of globalization has witnessed drastic changes and new trends in the shipping industry. Trade through the deep waters has always had its importance. Cargo shipping is the focal point of the shipping industry. The supply chains are integrated now, it has increased the demands of the value added services in the logistics business. As every business requires a value addition in the services provided by any company. With the passage of time, the shipping industry has become the integral part of world trade. …


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Most of the world’s manufactured goods and products are transported by container ships, but the industry is facing a tough and unpredictable future.

Overcapacity, trust issues and outdated systems plagued by human errors, missing and inaccurate documents and even substandard goods have a fundamental impact on the industry’s prospects. These challenges, along with higher demands from society for transparency, accountability, and responsibility in the logistics chain, drives the industry towards exploring new solutions.

Shipping industry is facing high administrative burdens of managing and writing claims with a lot of paperwork requiring signatures multiple times. Despite all this stress, a small…


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The shipping industry is the backbone of globalization and international trade. Seaborne transportation plays a major role in the world’s industries and society, enabling the transport of large volumes of raw and processed material, as well as food, water and technological products.

Seaborne trade continues to expand, bringing benefits for consumers across the world through competitive freight costs. Thanks to the growing efficiency of shipping as a mode of transport and increased economic liberalization, the prospects for the industry’s further growth continue to be strong.

There are over 50,000 merchant ships trading internationally, transporting every kind of cargo. The world…


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Technology:

The BTNT Token, an ERC20 utility token, will be issued to create a decentralized shipping and cargo platform built on top of Consortium blockchain and wholesale e-commerce platform based on Ethereum blockchain and smart contracts for trading goods and services.

The ERC20 protocol is based on Ethereum, a technical and market standard, which defines an interface for smart contracts that need to execute token emission.

Using dedicated token (BTNT) to facilitate transactions in the Bitnautic ecosystem provides many advantages.

It can be used across any number of jurisdiction, retaining a single uniform method of settlement.

Using a blockchain based…


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Due to the speedy increase in the world exchange, the worldwide Maritime Industry has got restructured.

There is a visible increase in the demand of value-added logistics services and the integration of various transportation modes due to the substantial changes in the mode of global trade and cargo transportation, characterized by the ubiquity of business to business and integrated supply chains.

As an out-turn, high-quality logistics services and the efficient integration of transport and logistics systems offered by maritime operator has become an important issue.

If we talk about maritime transport, it’s clearly concerned with the transportation of goods or…


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For a protracted time in human history, maritime shipping was the most effective thanks to transport your merchandise across the planet. Concerning 71% of Earth’s surface is roofed in oceans. Therefore, transporting your merchandise on a ship to a different continent was a comparatively easy operation compared to land shipping. However, with the advancements in technology, air-shipping has become a dominant kind of long-distance transportation. Still, this doesn’t mean that maritime shipping doesn’t go along with its own distinctive professionals that build it a more robust selection in some cases.

Spacious vessels

No matter the dimensions of your shipments, ocean…

BitNautic

BitNautic is a Decentralized Shipping and Cargo platform based on Blockchain Technology. https://www.bitnautic.io

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