PLANPORT

UPIK05

INTRODUCTION

The current supply chain industry is a $64 trillion market that employs millions around the world. Planport is building a protocol for the supply chain industry and our initial product focuses on procurement and its components. Procurement is one of the core sectors of the supply chain industry. It involves buying of goods and services that enable organizations to carry out their day-to-day operations. Someone involved in procurement may be responsible for sourcing raw materials from suppliers globally and bringing them into an organization by working with C-level executives, finance and engineering as well as external suppliers.

While procurement is a vital aspect of operations, the process has critical problems that are costly for all businesses from small companies to big corporations. The obstacles include legacy systems with inefficient and closed networks that are expensive, risky and time-consuming, cash flow problems that take weeks or months, contractual nightmares, poor supplier management and closed and centralized access to goods and services. A company spends 30 to 70% of its revenue on outsourced goods and services, yet many still underinvest.

The Planport Platform powered by the PORT token aims to solve these problems by unifying the entire procurement process end-to-end and empowering enterprises and suppliers using a decentralized business-to-business network in the supply chain industry. Buyers and sellers can use the platform for procurement, auctions, payments, and contract management. At the end of the supplier and buyer interaction, our invoice marketplace enables suppliers to push invoices to a network of global investors where they can access a diverse range of funders. This marketplace is built on the Blockchain distributed technology allowing participants to have a secure and efficient way to settle trade finance assets in the $3 trillion factoring industry.

Planport, as part of Planport Platform, has built and is building the following products: Planport RFX – a procurement product for buyers and sellers. Planport Supplier Manager – a product for enterprises to communicate with and assess suppliers. Planport Auctions – a product for performing reverse auctions with multiple suppliers. Planport Payment Systems – a payment system empowered by the PORT token for business-to-business payments. Planport Contracts – a full contract management product for creation, storage, and discovery of contracts. Planport Experts Networks – an on-demand network of supply chain experts for enterprises.

Planport Invoice Marketplace – a trade finance network for suppliers. Planport will revolutionise the supply chain industry by building a platform that streamlines the processes and is built on trust, mutual benefit and user-centric as part of the Web 3.0 by using the Blockchain technology.

The Supply Chain Challenges

Manual process

Due to the limited tools available, the supply chain industry is mostly reliant on manual processes

Sourcing for any business with the current state of sourcing systems is not only a logistical nightmare. The whole process also comes with technological challenges that could quickly drive a business owner completely nuts. To source for any product and have it moved from its point of origin to the place where the business intends to put it to use, the procuring department has to go through a harrowing process dotted with numerous disjointed legacy systems. And this accounts for why most procurement heads resort to using spreadsheets, email and other tedious manual processes.

Closed and Centralised Accesss

Legacy system

In most cases, businesses are forced to contract expert personnel for their different needs. This personnel does not come cheap and cost companies millions of dollars. This is as a result of specialised firms who contract their staff to businesses on strict timeframes. Another problem is that of firms restricted geographically. These firms can not offer consultancy services to businesses not located within their geographical reach. The result is that an individual or company that needs a variety of services within the procurement industry are forced to contract more than one firm for their different branches.

Supplier Managemented

Complex and inefficient supplier on-boarding

From verification and responding to requests and payment processes, the current B2B relationship is costly, and the problem starts with the disorganised and inefficient procurement and sourcing system. The high remittance fees combined with sophisticat and unfair payment terms is making the current process painful.

Contractual Nightmares

60% of corporate litigations are caused by contrcat dispute

Due to the varying jurisdictions and regulatory rules that businesses and their partners operate in, contracting a great sourcing partner in the present systems is mired with a lot of manual labour, terrible verification systems, and inefficient enforcement tools. The process involves inconsistent and email intensive processes, lengthy negotiations and approval life cycle, lack of tight control, and legal risk for non-standard contracts.

Inefficient B2B Remittance

51% of B2B remittance is done via Cheques.

In regards to the consumers, payments are made at the point of sale, while in the B2B world, business payments mostly take place weeks or months after goods and services have been delivered. This creates a problematic vacuum between the funds being sent and the description of the payment, which in turn translates to errors in the cash-flow. Today, every business with either an international supplier or customer suffers from a grossly inefficient and expensive means of sending or receiving payments.

Trade Finance Problems

Costly,inefficient and error prone trade finance process One of the problems that suppliers face today is dealing with fees as high as 20% on their receivables due to third-party organisations, at the same time, there is also a problem of duplication of invoices and fraud within the $3 trillion worth industry of Invoice factoring.

The Solution: The Supply chain Protocol

The supply chain process has many stages which require concerned parties to use a collaborative approach throughout its lifecycle. Planport simplifies this process by unifying the entire procurement process end-to-end with the power of the blockchain technology. Moreover, Planport intends to create a seamless interaction right from on-boarding, monitoring, issuing and expenditure management, payment processes and performance analysis, among others.

ICO Details

General information

Token: PORT

Platform: Ethereum

Standard: ERC20

Quantity: 500,000,000 PORT

Price: 1 PORT = 0,20 USD

Payment: ETH

Soft cap: 20,000,000 USD

Hard cap: 49,400,000 USD

Pre ICO

Quantity: 70,000,000 PORT

Start:11/07/2018

Completion: 08/10/2018

ICO

Quantity: 150,000,000 PORT

Start: 08/11/2018

Completion: 09/30/2018

Some of the problems PORT token solves

Fairer Return

Suppliers want to monetise their ideas and their innovations they’re bringing to the table for enterprises and get a fair incentive in return. Currently, there is no mechanism to solve this issue, so ideas and improvements are locked away.

Decentralising Firm based consultancy

One of the features of the Planport network is the On-Demand Consultancy. This means that the current system of having consultants advice enterprises on different aspects of procurement is done within the Planport system on a pay-per-use model instead of months of contracts and huge fees that need be locked in. Procurement heads will easily connect with experts in the different categories, needs, and transact without any hassle common with procurement advising firms. This means there are no large upfront investments or long terms contracts, and users can scale it up or down, or even turn it off as simple as users can turn it on.

Security Deposit and Staking

The Planport Utility Token(PORT) can be staked for the purpose of proposals issuing, submitting new proposals, Launching an RFP, and contract launching. The amount of token required to stake can be designed dynamically depending on the number of projects, the value of the project and other factors like reputation and rating of the entity.

ROADMAP

Q4 2017

The conceptual scene Curiosity + Passion Curiosity and passion Guided by the curious nature that we have in Planport, we began to think about the problems that we know about the supply chain. In-depth research By doing more research in our specific supply chain niche and confirming the hypothesis of the Weakest Study Doing more research in our particular supply chain niche and confirming our initial hypothesis.

Q1 2018

Meeting with the initial users Step 1 Directing directly to the users Conducting interviews and studying the points of pain in the supply chain. Design, sketches and coding. We began to turn the collected data into our research into tangible assets. Product Approach (I) Deploying our first production Then we follow the iterations of the projects, code and functions and planning to move on to the next stage. Fully Functional Platform The last stage of testing and multifunctional platform MVP-Planport corporate portal Fully functional platform designed for enterprises to make the process of supply chain management painless. Fully functional platform Past testing stage and multifunctional platform MVP-Planport provider portal Fully functional platform.

Q2 + Q3 2018

Clever contracts. Designing of markers. Confirm use of the utility token. Interrogating customers about our utility token, which can be used to solve problems in the supply chain. + Private sale + Public Presale (Q3) + Crowdsale. Receiving our message about Planport and our products, as well as the vision that we adhere to to transform the supply chain into a wider audience.

Q4 2018

Scaling and building on the current platform. Hiring more engineers, creating more reliable products and APIs for our supply chain users. Employee engineers, creating more reliable products and APIs for our supply chain users. Customers on board Stage 3 on board our first payment customers

Q1 2019

Customers on board Stage 4 Scaling the Planport network

TEAM

Sophonias Isaac h

Founder & CEO Sophonias is an entrepreneur who started his first business at the age of 16 and had extensive experience in information and interface development. He is keen passionate about philosophy, technology, and decentralisation.

Hayden Young

CTO With more than 20 years of experience in the IT industry, Hayden brings a wealth of experience and knowledge. The defender of open-source technologies Hayden was brought to

Michael Guthrie

COO Working in the Internet industry since the 90s, releasing websites of all types and sizes, including American Express, Conde Nast and the World Health Organization, Michael

Roy Davey

Smart Contract developer Solidity, Ethereum, NEO, Blockchain expert with experience in developing Web sites with more than six years, including Python, Javascript, Ruby, PHP, GoLang, Django, AngularJS, Ruby on Rails, Laravel, React.JS. Deep

Piao Rihe

Software Engineer Piao Rihe is a full-stack developer who develops scalable applications from a plan to run, focusing on security and production

Dmytro Chornenkyi

Developer Dmitry Chornensky is a software engineer with four years of experience and a master in system engineering. He has a wide range of knowledge, including Ruby on Rails, PostgreSQL, MySQL, MongoDB, Sidekiq, Redis, Rspecm Sentry, Capybara, and Rubocop.

Leonardo Gedler

Software engineer Leonardo is a full-stack developer with extensive experience in frontend, backend and blockchain projects. In his past projects he used the following technologies in his past projects: JavaScript (ES5 / ES6 / ES7), React, Angular, TypeScript, Android (Java), Node, Express, Mongo, Android, NativeScript (Android and iOS), and Ethereum (Solidity / Web3 / MetaMask / Solc / Remix).

Gleb Mikulich

Product Consultant Gleb is an experienced specialist in the supply chain and production. He has been working in consulting industry (Accenture) since 2013 and successfully delivered projects to a broad range of clients, including global CPG, Pharma, Industrial Equipment, and Automotive companies. He holds Project Manager Professional (PMP), Lean Six Sigma Green Belt, and APICS CSCP (Certified Supply Chain Professional) Certifications.

Dmitry Krivonosov

Dmitry is a professional content editor and motion graphics designer with an experience of more than nine years. He studied at the University of Culture and Arts and has worked in several studios and TV channels.

Thomas Mclaughlin

Blockchain Consultant Thomas is an experienced professional with many years of experience as a system administrator and in the last few years, particularly with the He is one of the leading advocates of the global blockchain community. He has worked as a Blockchain architect and consultant for a number of projects.

Advisers

Lucas Cervigni

Senior Advisor Lucas is the author, TV presenter, adviser on international business development in FinTech and Blockchain Partner @ Vesicas Fintech Consulting, co-founder of +15 companies, author @ BlockChain on the right

JC Lin

Strategic Advisor JC Lin has experience in consulting technologies, management and strategic planning. JC specializes in block applications, large data and art

Stefan Bergstrom

Strategic Advisor An experienced private angel investor, adviser and serial entrepreneur based in Sweden.

MORE INFORMATION CONTACT :

WEBSITE: https://www.planport.io/

WHITEPAPER: https://www.planport.io/Whitepaper.pdf

TELEGRAM: https://t.me/planportofficial

TWITTER: https://twitter.com/planport

REDDIT: https://www.reddit.com/r/Planport/

MEDIUM: https://medium.com/planport

FACEBOOK: https://www.facebook.com/Planport-285622935331805/

ANNOUNCEMENT: https://bitcointalk.org/index.php?topic=4625884.msg41784034#msg41784034

AUTHOR : UPIK05