LogisticsX: FAQs on Whitepaper
- Why Blockchain?
- Provide an interoperable platform — 3rd Party Logistics companies will benefit from standardisation, lowering the barriers of entry to new markets, and provide all participants a clear & immutable chain of parcel custody.
- Utilising a blockchain will enable a secure and transparent trustless ecosystem that reduces/eliminates risk/fraud/errors, and encourages the spirit of open collaboration — we call our platform Trustless Connect.
- A decentralised system is resistant to single points of failure.
2. What are the main features of Trustless Connect in LogisticsX?
- Real-time immutable time-stamping
- Transparent Interoperability
- Secure remuneration for Collection Points (Parkers) and Ad-hoc delivery personnel (Runners)
- Using smart contacts to ensure trustworthiness, and track handover of responsibilities between participants in the logistics flow
3. What is LogisticsX’s connection to Blue Whale Foundation?
- Our first adopter, Park N Parcel, started as a grassroots effort to allow neighbours to help neighbours — to extend the sharing economy to stay-at-home parents, and retirees.
- The Blue Whale Foundation’s technology will allow us to provide rewards to these providers (Parkers & Runners) based upon their ratings — all the rewards, and the criteria for providing them, are transparently encoded via the LogisticsX dApp.
- Together, Blue Whale Foundation, and LogisticsX have a synergy, and a common goal — providing a fair system of renumeration for the sharing/gig economy.
5. Is PNP Token a utility or security token?
- The PNP token is structured as an Utility coin — it will be used in exchange for parcel delivery services within the LogisticsX platform, and Parkers & Runner will be able to choose to redeem their remuneration in PNP token.
6. Who are not allowed to participate in the main ICO sale?
- Residents of the U.S. and China, as well as those located in a jurisdiction where the Token Sale is prohibited, restricted or unauthorised in any form or manner whether in full or in part under its laws, regulatory requirements or rules.
6. When will you be listed on exchanges?
- We strictly are unable to comment on exchanges at this point — do follow our Telegram announcement channel (https://t.me/logisticsx_announcements) for updates!
7. What is the token allocation like?
8. How will the proceeds be used?
9. Where is your company based?
- PNP Logistics Network Pte Ltd is based in Singapore.
10. Where can I find more information on the team?
- More information on the team available under the “Team” section at https://logisticsx.io
11. What is the future roadmap?
- The roadmap can be found in our whitepaper at: https://logisticsx.io/documents/LogisticsX-Whitepaper-V1.4-11-June-2018.pdf
12. I’m interested in collaborating with LogisticsX, how can I contact you?
- Do contact us at enquiries@logisticsx.io, with information pertaining to your proposals.
About LogisticsX
LogisticsX aims to utilise blockchain technology to create a decentralised platform that will tackle the challenges in the last-mile logistics. It is envisioned that the trustless nature of the platform will provide the foundation for a harmonized ecosystem between the different stakeholders involved in the last-mile process. LogisticsX will introduce sharing economy into the ecosystem, utilizing untapped space (Parker) and time (Runner) to further enhance the efficiency.
LogisticsX envisions to set forth the global common standard for the connection between logistics stakeholders to increase efficiency in a global parcel delivery network.
Further Readings:
Website: https://www.logisticsx.io
Telegram: https://t.me/logisticsx
Twitter: https://twitter.com/LogsXOfficial
Whitepaper: https://logisticsx.io/documents/LogisticsX-Whitepaper-V1.4-11-June-2018.pdf
For investments or Partnerships, please contact us at: enquiries@logisticsx.io
