LogisticsX ICO Review — The Future of Last Mile Logistics
Overview
LogisticsX is simple, to reduce missed parcel delivery, increase parcel delivery efficiency and improve the livelihood of freelance logistics couriers.
A good vision with a strong team, the road map looks great from execution perspective and i feel the timelines are achievable.
I really like this project, is very interesting, exciting , I think LogisticsX will be very useful and will be the future.
What is LogisticsX ?
LogisticsX is a decentralized platform to transform the last mile delivery ecosystem by enforcing global logistics standards using smart contracts to increase trackability, transparency & reducing friction for logistics stakeholders.
LogisticsX is a project that seeks to develop a decentralized blockchain network with a vision of connecting global logistics stakeholders, including e-commerce retailers, third party logistics (“3PLs”), individuals running Parker Point (“Parkers”), private couriers delivering parcels and recipients of parcels in a multi-party network of trust.
LogisticsX will seek to demonstrate how blockchain technology can be used to solve the challenges and tap on the opportunities as mentioned in the preceding section. Based on a published report by DHL and Accenture, blockchain technology has shown potential capabilities to improve the transparency and traceability in the last mile logistics network.11 This will potentially allow more parties to be involved in a trustless ecosystem.
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.
Advantages of LogisticsX
Reduction of missed parcel deliveries
LogisticsX connects global e-commerce retailers and logistics companies with Parker Points in an optimized manner, this will effectively reduce the number of missed parcels.
Increasing the efficiency of delivery of parcels
An effective multi-party ecosystem that provides global logistics supply can be reliable and unchanged.
Improvement of working conditions for freelance logistics couriers
Provides freelance logistic couriers the opportunity to obtain employment benefits in a shared economy model.
LogisticsX will change the Last Mile Delivery Sector
LogisticsX will introduce the concept of freelancers delivering parcels on an adhoc basis (“Runners”) between the collection points and end recipients. Freelancers may also opt to use free spaces in their homes or shops to operate parcel collection points (“Parker Points”).These freelancers operating these spaces will be referred to as parkers (“Parkers”).
LogisticsX Creating Common Global Standards between Logistics Stakeholders
Through the development of a common global standard between logistics stakeholders, in the near future, 3PLs can adopt the LogisticsX to receive information and orders seamlessly from the E-Commerce retailers. This will also smoothen the potential lack of interoperability of systems between various 3PLs, for cross border parcels which involve multiple 3PLs.
Proposed Collaboration with Blue Whale
LogisticsX is partnering with the Blue Whale Foundation, a blockchain dedicated to the economy of concerts, where independent workers can participate in a shared economy, ensuring that they rightly recoup their efforts. With this, we empower workers who will lead the next generation’s logistics economy to last-mile
This partnership will allow LogisticsX to leverage on several services provided through Blue Whale blockchain network to provide freelancers operating in the LogisticsX with freelancers’ benefits.
Review the team
Strong team. The LogisticsX core members are from a variety of backgrounds in the space of Logistics, Finance, Marketing and Technology.
CEO Tan Gan Hong : Worked in the logistics and finance sectors. He sees that there is a huge opportunity in the logistics market, he aspires to build a global logistics network that focused on solving logistics problems using the most effective and cost-savings methods.
COO Erik Cheong : Experienced at Noble Group, Maybank Kim Eng, RHB Securities. Erik have started several business in the Hospitality, F&B and E-commerce sector with a strong believe in lean startup methodology.
CTO Victor Heng : full stack platform engineer with vast experience in the managing and scaling of core API architectures, having most recently designed and put into production backend services with multiple microservices utilising Node.js and Go. He has been experimenting and exploring Ethereum’s potential for almost a year, and has a keen interest in how blockchain technology can be used beyond just a store of value.
Dev team : A strong team as well as a website looks very good. Professional full stack developer, experienced with blockchain.
Roadmap
Token Info
Token Alloction : 1,000,000,000 PNP
Token Sale will consist of 40% token allocation of all PNP Tokens that will ever be generated. Unsold PNP Tokens will be burned after the conclusion of the Public Sale.20% of the tokens will be allocated as the Company’s reserve, while another 20% will be allocated as the community’s reserve.
If need more info, please refer here :
Website : https://logisticsx.io
Whitepaper : https://logisticsx.io/documents/LogisticsX-Whitepaper-V1.4-11-June-2018.pdf
Telegram: https://t.me/LogisticsX
My Bitcointalk : wetask.com (https://bitcointalk.org/index.php?action=profile;u=2126854)
ETH Wallet : 0x8e3B3F1E1b62a24B85A0B5208ff3c63a88Ec099E
