May 10, 2018
It might come as a surprise to some that the Scandinavian country Denmark, despite its modest population of fewer than six million people, is the seventh largest seafaring nation in the world. Not only is Denmark the home of Maersk Line, the world’s largest container shipping company, but the Danish maritime tradition goes all the way back to the 8th century when the wild Vikings rst set out to conquer the world.
Nowadays, Danish shipping is no longer wild in the sense of the Vikings, but considered highly advanced and world-leading when it comes to ef ciency, innovation, environmental considerations, and the use of new technology. Director-General, Danish Shipping, Anne H. Steffensen recently gave this characterisation of Danish shipping in The HuffPost:
“Danish shipping companies are active in all segments - from dry bulk, oil tankers, offshore and containers. On top of this we are world leaders in maritime technology, known for our innovative technological solutions, eco- ef cient services and maritime safety equipment. This is why most large cargo ships today are equipped with Danish maritime technology, products or equipment. To give an example, more than 70% of two-stroke ship engines installed on vessels worldwide are designed in Denmark.”
Innovation within shipping is indeed a Danish speciality, but another area in which Denmark has ambition to secure a leading international position is blockchain technology. The European Blockchain Center is located at the IT University in the Danish capital Copenhagen, and the Copenhagen Fintech Lab has already made a name for itself internationally due to its large number of blockchain companies and blockchain specialists.
In this whitepaper, Danish shipping expertise meets Danish blockchain expertise in a highly innovative global project called The Global Shared Container Platform - or GSCP - that will enable the container shipping industry to achieve savings to the tune of USD 5.7 billion, and avoiding the environmental impact of 4.6 million tons of CO2 emissions every year.
Behind the GSCP platform is the Danish company Blockshipping; the core team has more than 75 years of container shipping experience and deep knowledge of blockchain technology.
Blockshipping and the GSCP platform are already funded by private angels, and The Danish Maritime Fund (www.dendanskemaritimefond.dk), and as a supplementary funding method to further accelerate development and adoption, Blockshipping is now planning to run an ICO in April 2018.
In this whitepaper, we will review all the details of the GSCP platform as well as the upcoming ICO. If this should leave you with any unanswered questions, do not hesitate to ask the Blockshipping team for further details.
Global platform allowing all players in the shipping industry to perform a wide range of transactions related to the handling of containers.
Attention. There is a risk that unverified members are not actually members of the team
SummaryBlockshipping is one of the few several companies planning to use blockchain in order to increase the efficiency of the shipping industry. They are the world's first blockchain global shipping container platform (GSCP).Blockshipping received investments from the Danish Maritime Fund and private investors. They are currently planning to raise money via their ICO. If you purchase the tokens during the ICO phase, you'll receive some of the profits that were on the platform.Positives Cost Savings: Using Blockshipping.IO increases savings by up to $5.7 billion per year. Reducing Emissions: Blockshipping plans to reduce CO2 emissions by 4.6 million tons. This means optimized loads and less unnecessary trips. Global Adoption: This platform is funded by Danish Maritime Fund and the private angel investors. It’s seen as a funding source that will help the company accelerate platform development. Negatives Benefits Only Large Investors: This ICO looks like it only plans to suit the people who invest a larger portion (i.e., whale investors) into this token. New Concept: The concept of decentralizing the maritime industry will take some time before it becomes popular to the entire crypto community. Complex Project: Blockshipping’s project might take around 3 years to complete. And it takes a lot of developers to complete their roadmap.
I will leave it up to you to decide whether you are going to be prepared to buy into the tokens on offer via the Blockshipping initial coin offering, but as you can see, their tokens are not what you would call expensive. What I would advise you to do however is to actually take a look at the value of the worldwide shipping container business, for if it is something you have no experience or knowledge of then you will be surprised at just how large that market sector is. I would also suggest you delve into their white paper for by doing so you will then be able to see for yourself just how they intend to move the concept forward once they have secured the required finance they are hoping to raise via their initial coin offering.
This is a project that easily qualifies as a solid proposition. It ticks the boxes for experience, credibility, viability and the solution it proposes also happens to make for a good blockchain fit. Naturally, the long-term success is dependent on the behaviour of an entire industry and whether it will welcome or resist the solutions that are being offered by the Blockshipping team. One to watch.
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