Transforming the Global Logistics Industry With BitNautic

TIOprime
4 min readAug 6, 2018

As refined as modern global logistics may be, the industry remains consistently troubled by problems regarding communication, security, and efficiency. Local producers and shippers struggle to secure reliable opportunities, carriers struggle to operate at low costs, and customers lack access to real-time shipping statuses.

The solution…

This is where BitNautic steps in. A Switzerland-based logistics company, BitNautic uses blockchain technology to transform its industry by introducing more transparent, efficient, and secure operating systems. BitNautic also uses distinctive features such as an AI (Artificial Intelligence) based booking system, real-time tracking of ships and cargo, and a wholesale e-commerce platform.

BitNautic implements blockchain technology into global logistics to address the root of these problems, resulting in more reliable and efficient industry transactions. Using smart contracts, it will now be possible to perform settlements automatically and irrefutably. Tokenization will also allow for the added convenience of transferring value in the form of their BTNT token across a number of jurisdictions.

BitNautic’s token sale commenced on June 1st and will run until September 30th, 2018.

The BTNT token will have the following uses:

  1. Subscription for professional use of the BitNautic platform
  2. Fees for cargo booking
  3. Fees for ship brokerage system
  4. Subscription to tracking system
  5. Fees for escrow service
  6. Fees for wholesale e-commerce platform

Why did we decide to collaborate with BitNautic?

BitNautic has already raised 7 million USD in their ICO, and it’s not over yet! We decided to team up with BitNautic because we understand that there is a growing need to address inefficiencies within the shipping & logistics industry, a need which BitNautic is prepared to tackle.

How will our community benefit?

TIO members can expect to receive an additional 5% bonus on top of the public bonus structure when using trade.io’s affiliate link to purchase BTNT: https://bitnautic.io/en/register?ref=TRADEIO

BitNautic’s public bonus decreases by a fixed amount of 0.4% every day (for example today is 23.6%, tomorrow it will be 23.2% and so on). It will eventually stop decreasing when it reaches 10%, approximately 1 week before the end of the ICO (30th September, 2018).

In addition, our loyal TIO community can benefit from a mammoth number of tokens in our upcoming airdrop campaign.

In return, BitNautic will receive full advisory services, support through investor roadshows across Asia, as well as listing on our exchange.

More about BitNautic’s platform…

In addition to the advantages attached to tokenization, BitNautic is offering several services to be incorporated into its platform:

Cargo booking system for shippers for shippers from any country to find ships that are available to carry their cargo, based on cargo location and cross-matched with the destination.

Ship brokerage system as a streamlined marketplace for shippers and carriers to trade on. This will allow carriers and ship owners to list ships, update their location, and find new customers.

Escrow services to secure payment transaction. When a buyer initializes an escrow transaction, BTNT tokens will be locked in smart contract until the seller’s obligations have been fulfilled.

Tracking system available for customers to access current shipping statuses. Customers will be able to see the position of the ships and track real-time developments.

Wholesale e-commerce to allow producers to directly list and sell their products to international traders.

Cargo consolidation processes as a streamlined platform for shippers and carriers to determine place of loading, place of discharge, and details regarding availability based on container space.

Click here to learn more about BitNautic’s platform!

trade.io’s CEO Jim Preissler commented on the collaboration, “Introducing blockchain into global logistics has game-changing implications for the industry and promising opportunities for surrounding cities. Having reached their soft cap of 5,000 ETH in addition to the 7 million USD already raised, BitNautic is a project that shows a great deal of promise and we’re pleased to be working with them.”

BitNautic’s CEO and Co-founder Gianfranco Pierini also commented, “We are extremely excited to be collaborating on this project alongside a group of experienced members, and a portfolio of formidable ICO projects under their belt.”

About trade.io
trade.io is a next-generation financial institution based on blockchain technology, creating a truly unique exchange that will revolutionise asset trading and investment banking. By leveraging decades of experience in the investment banking, trading & FinTech sectors, and combining them with the power and transparency of the distributed ledger, trade.io has providing the ultimate security and transparency.

For more information on the trade.io ICO Consultancy services contact consulting@trade.io

About BitNautic
Based in Lugano, BitNautic is a single platform, capable of holding together all the major players of the shipping market: carriers, shippers, producers, buyers. Based on the blockchain, it is a completely transparent network, where ship owners can list their ships, update their location in real time, and cargo owners can find the best routes for their shipments, and at the best price. At the same time this allows them to forge new business relationships, extending their network and bringing new customers to their business.

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