Perfectly understanding all the problems and challenges shipping industry meets, inefficient capacity utilization, ballast runs, distorted and mixed communication channels, fraud and low accountability, we’ve created and launched SHIPNEXT. Go to SHIPNEXT.com for details. SHIPNEXT transformed the Shipping sector (ocean-transportation), making it digital and efficient, eliminating routine checks, minimizing risk of human error and instantly matching Cargo to Ship.
Shipping sector (ocean-transport) handles about 80% of international trade, and its inefficiency and in-transparency has been a stumbling block for further integration of Shipping into a door-to-door supply chain.
SHIPNEXT uses linear programming, big-data analysis, machine learning, artificial intelligence, natural language programming for instant Cargo-to-Ship patching.
The launch of SHIPNEXT in its current state - Phase 1 - gives ground to further integrate complex algorithms, blockchain and other state-of-the-art digital solutions in international logistics to build a decentralized blockchain-based supply-chain eco-system.SHIPNEXT has been initially launched as a Shipping related Marketplace. The main aim was to overcome all the inefficiencies of the shipping sector related to ocean transportation. The instant Cargo-to-Ship matching used in SHIPNEXT is based on linear programming, big-data analysis, machine learning and Artificial intelligence. With this the whole shipping sector is linked in one common algorithm linking 80+ different real-time data-bases to make shipping more efficient. The more data and users become part of SHIPNEXT, the more reliable and efficient this marketplace becomes.
International supply chain today lacks efficiency, transparency, reliability and common standards. To make sure everyone understands, accepts and unites around one initiative to transform the industry, the industry requires one transparent and well structured approach. One complex and common algorithm based pattern, which will create a back-bone of a new blockchain based supply-chain eco-system.
The ICO is held to get funding to further develop our product into a decentralized transportation network through integration with ports, terminals, banks, insurance solution providers, road-, rail- and other modes of transport.
Further integration with industry related individual supply chains and cargo flows would finally create a decentralized eco system - the ultimate goal of SHIPNEXT SUPPLY CHAIN.
As soon as SHIPNEXT becomes a common marketplace for all segments of the Shipping sector, is is ready to be further integrated into including tanker and container shipping trades, it is ready to the next level. This would include execution of shipping related Smart-contracts and continuous integration into the main connection points - ports and terminals. This is where land and ocean transport meet, and it is important for further decentralization based on critical mass. At this phase it is important to consider all the different local standards and regulations.
With this, the algorithms and codes used by SHIPNEXT become open to all the main industry users. This Phase includes integration of shipping and port related logistics into each individual supply chain, including land transport. Ship Tokens would be used as one common means of exchange throughout the eco-system to pay for all the supply-chain related services, including cost of sea and land transportation, fuel, port-related services, storage, survey, repairs and more.
Decentralized network, based on common algorithms, would ensure transparency and efficiency of the door-to-door supply chain.
SHIPNEXT already build test cases of shopping related Smart Contracts on ethereum, EOS and Hyperledger Fabric. Further trchnical development would be made on basis of Hyperledger Fabric with potential to integrate with other isolated transport related solutions.
Shipnext Supply Chain
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