SHIPIT ‘Killing Features’ And Market Perspectives
Shipit brings P2P deliveries into the World. Parcels and packages people send to each other often get delayed, lost, stolen or damaged. Unfortunately, it’s a fact. There is no need to ask an open question or write a personal story to try and reach you in an attempt to convince you of that. Instead, we’ll simply give you ‘bare’ facts
Fact nr. 1
“According to the report by Mintel 15% of delivery companies’ customers from Great Britain had to put up with delivery delays and waiting.”
Why? Well…
Fact nr.2
“According to the report by Mintel 10 out of 100 delivery companies’ customers from Great Britain had to deal with their shipments getting lost or damaged.”
Again, why?
The same unarguable and unpleasant truth can be said about sometimes inexplicable courier and delivery companies’ expensive fees, customs charges and taxes you have to pay for your shipment though its value is lower than the amounts charged.
All that is caused by, unfortunately, imperfect logistics of the said companies and their operating costs:
Annual reports: DHL, FedEx Corp, UPS, TNT
No doubt, we do not deny that these conventional companies have made our lives easier. Yet, when it comes to small packages and parcels, then there is a lot left to be desired. Because, as we in Shipit view it, there shouldn’t be such gaps between the value of a shipment and a fee charged by a delivery company. The delivery of small items also must not be accompanied by such numerous and high risks.
What’s the solution? Sharing economy. P2P interactions. It is far less expensive to send something with a traveler who happens to be taking a trip to the same destination as your shipment and seeks to make their trip more cost-effective. In this scenario, your shipment is delivered through ‘green channel’ (if it fits the requirements) and costs the amount agreed by you and the traveler. Simple.
To address the issues of security, Shipit development team has designed the system of deposits. In case you want to make a delivery of a highly-valuable item and the sender requests a deposit to be created, you have to create a deposit that ensures safe delivery and is either refunded to you upon the successful delivery or transferred to the sender if their shipment has been lost, stolen or damaged.
Additionally, in future we plan to integrate a system of ratings for both senders and travelers whose impartiality would be secured by blockchain and smart contracts.
Furthermore, once we integrate the above-mentioned technologies, we intend to introduce our own Shipit Token (SHPT) to allow our customers make fast and secure international transactions avoiding different political barriers and restrictions applicable to banking transactions. Other cryptocurrencies will also be a valid option, though not as cost-effective as SHPT.
As a conclusion, a lot of industries have already been introduced sharing economy and P2P principles (ZipCar, Airbnb, Uber). Not the parcel delivery industry though. We intend to change that and make shipping simple, cost-effective and safe.
For more details be sure to check out our website and Whitepaper.
Ship us to the World and we will deliver!
