Problems of Chinese logistics industry and how Goose Q solves them
Chinese logistics industry has a great potential for a development. As it was mentioned in this article, China is still well behind developed countries in terms of freight transportation efficiency. It is a national issue of top priority to work out smoother processes since current cost ratio and safety conditions are not acceptable.
For an instance, there are 4 major problems that require immediate actions:
1. Freight vehicles are the most accident-prone. In 2016 in China the total number of trucks was 13.5 million, and there were a total of 50,400 road accidents involving trucks, resulting in 25,000 deaths and 46,800 injuries, which is about 30.5%, 48.23% and 27.81% of the total vehicle road accidents respectively, far higher than the proportion of trucks in the total car amount — 7%. Whereas in the USA the amount of trucks is nearly same as in China, but fatal accidents happen 6 times less often.
2. Truck drivers suffer high psychological pressure. According to the survey made by China Logistics and Purchasing Federation about 70% of Chinese truck drivers drive more than 10 hours a day and about 95% of all truck drivers are not satisfied with their work conditions. This situation causes great operational risks.
3. Logistics companies and tax authorities suffer loses from fake invoices and receipts. A trillion RMB logistics industry is highly exposed to fake invoices and receipts, according to the data of China Logistics and Purchasing Federation about 10% of all invoices and receipts are fake. Here is an example of how a gang opened 2 billion RMB worth invoices in 2016.
4. Insurance and financial companies as well as government authorities lack of statistical data from the industry. The industry is not well organized and data sources not only cannot provide enough data, but also contradict each other.
Goose Q project is taking an active stance to solve these issues by building a comprehensive solution. Goose Q ecosystem is designed to provide the following features:
1. Advanced driver assistant system supports proper and efficient driving behavior. The system includes such functions as Lane Departure Warning, Forward Collision Warning, night vision, Driver Drowsiness Detection, and Fellow Team. Fellow Team function is the most innovative one and is aimed to organize truck drivers into teams according to their routes and thus reduce wind resistance and fuel consumption as well as to let fellow drivers rely on each other.
2. Efficient data gathering and storage infrastructure provides credible and plentiful information for the industry. Utilizing the most modern technologies such as blockchain and IPFS, Goose Q developing advanced data processing system that is described in this article.
3. Goose Q’s product Daluka sim-card is already being distributed among truck drivers in China. The card offers free traffic for a set of business and leisure applications as well as free calls within the network so that truck drivers can always be connected to their friends and families. More than that Goose Q is developing communication application, which is convenient to use while driving.
4. Blockchain based encryption system provides handy medium for business documentation flow and payment transactions. Within the system, only authorized business parties can access to a relevant information which makes it secure for all industry stakeholders to digitalize their business processes with Goose Q.
When developing its ecosystem, Goose Q takes into account interests of all industry stakeholders — from logistics companies to truck drivers, and from insurance and financial institutions to related government authorities.
Goose Q is a blockchain solution for the global logistics industry with more than 10 years of development history. Goose Q’s main purpose is to provide a visual, verifiable, credible, traceable, anti-fraud, immutable data of the logistics industry in order to enhance its efficiency and transparency as well as to improve truck drivers’ financial and psychological wellbeing.
Webpage: www.gooseq.com
Telegram group: https://t.me/gooseQ
