Jun 4, 2018
MORE FACILITIES: We're' partnering with local businesses to be our package delivery points to effectively utilize unused space. This will allow us to be scalable with minimal infrastructure while increasing the proximity to consumers.
SHORTER DISTANCES: Our Package Delivery Points (PDPs) are located close (typically < 5 miles) to where our customers live, resulting in shorter distances and less time to make the final delivery to customers.
LESS TRAFFIC: With our additional PDPs spread out in strategic locations in a city, we can efficiently overcome traffic challenges.
ZERO LOSS: Our PDPs and drivers are incentivized to create a platform that gives shoppers the control to schedule the day and time of delivery when they're home. This results in zero missed deliveries and zero package theft.
Retailers’ profit margins increase from fewer stolen packages.
Local stores benefit from the use of extra space.
Drivers earn extra income, using their vehicles to deliver packages.
Carriers’ profit margin increase from fewer missed deliveries and miles traveled.
Prescription abandonment is reduced for pharmacies.
Consumers gain convenience, control, and security due to fewer missed deliveries, stolen packages and limited personal information.
Attention. There is a risk that unverified members are not actually members of the team
This is a delivery service platform that utilizes blockchain technology to track packages while protecting customer’s identity and ensuring timely delivery.
The platform use heavily improves the logistics industry as it grants the customers control over the delivery process hence preventing missed deliveries and unexpected costs. This promotes me to highly invest in the project.
Differentiation: The platform differentiates itself from other delivery services by allowing for the ability to receive a package while maintaining privacy. Furthermore, it allows users to choose a pickup time that works best for them and NextPakk claims that “packages are delivered on time, or delivery is free”.
Market Penetration Potential: There are current issues due to the “last mile” problem that is discussed well in the whitepaper. If the platform is able to successfully develop a service that can do what the organization sets out to do, consumers will be quite willing to utilize the platform. As a result, the market penetration potential is evident.
Solution Advantage: The Pakka token technology advantage is presented in the whitepaper as follows: 1. Frictionless Real-time settlement (2-5 seconds) 2. Transparent, efficient & scalable 3. Cryptographically secure transactions 4. Applications without boundaries 5. Built in Escrow functionality 6. Hostable, decentralized and trustless logistics business platform 7. Framework for conducting logistics business anywhere on the planet 8. No need for long standing contractual agreements and trusted parties If the organization is able to provide a an economically sustainable service, the advantages of decentralizing the distribution network gives the platform a competitive edge compared to existing solutions.
Long-Term Vision: There is a section that outlines future developments of the platform including: – Label-less package delivery – NextPakk For Improving Food Security in Developing Countries Based on the milestones set out on the roadmap (specific expansion channels), the organization seems to have specific growth plan and intends to gain hold of the market in 3 major U.S cities and then expand. It is stated that the platform will have a similar affect to how Airbnb affected the hotel industry.
This is a very exciting idea and one which could become widespread if executed correctly. It's defeinitely an area that could benefit from blockchain technology. Keep up the good work!
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