CargoCoin

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CargoCoin

Logistics Blockchaining

CargoCoin is designed to be a smart contract, crypto currency platform, decentralized global trade and transportation. The target platform is to facilitate and optimize the interaction between traders, shipping expeditions, shipping lines, order agents and all other parties involved in international trade and transportation of commodities and cargo.

Problems and Solutions:

- Reducing fraud in the trade & transportation industry by implementing

smart contracts for Bill of Lading, Letter of Credit and crypto payments. Payments are issued only

after the pre-determined smart contract conditions are met.

- Decrease in Costs. Smart Bill of Lading & Letter of Credit contracts cut costs by

eliminating high bank fees for escrow services. Smart Bill of Lading eliminates

international courier fees and office stationery costs.

- Minimize delays. Exchange instant documentation in accordance with the

smart contract terms that have been set and simultaneously verified by the block chain.

- Secure information. Cargo coin is actually safe. Relying on algorithm technology

proven blockchain hashing without the possibility of an information leak.

- Increase Trust. Rely on the public infrastructure of the Ethereum blockchain.

- Secure archiving. Cargo Coin relies on storing the full history of all

transactions, thus avoiding the risk of physical loss or document damage.

Cargo Coin Purpose

to build a free global market for trade &

transport, supported by blockchain and smart contracts.

- The ultimate goal is growth and increase in Cargo Coin tokens.

How do we reach the goal?

- Step 1: Creation and introduction of a FREE global platform market for the

shipping industry (sea freight). Creating a broad user base in the service section FREE of

cost from the platform.

- Step 2: Introduce smart contracts to platform users.

- Step 3: Use of smart contracts by users creates requests on

Cargo Coin tokens . Increased Demand = Increase in Value.

What can a Cargo Coin smart contract do?

- Smart Bill of Loading. Reduce fraud, save time, cut costs, easy

handling & easy exchange between parties.

- Smart Leter of Credit & Escrow accounts. Safe, fast and cheap.

- Direct payments between participants

Market Potential

- 380 Billion US Dollars for payment of shipping costs (* UNCTAD 2016)

- 12 Trillion US Dollars - sea cargo value (* WTO 2016)

- Millions of users.

- Limited competition is available, only covers a portion of the services of the Cargo

Coin platform with a high monthly fee.

- There is no availability of smart Bill of Lading and Letter of Credit contracts on the market.

Where is Coin Cargo registered?

- Nauticus exchange

- Other exchange exchanges soon follow

UTILIZATION OF FUNDS

Research & Development - 30%
Marketing & Sales - 50%
Administrative - 10%
Law - 3%
Exchange list - 7%

FUNDING OF ICO FUNDS

to-ICO - 10%
ICO - 55%
Team - 15%
Bounty & affiliates - 10%

ROAD MAP

The CargoCoin Roadmap is based on the full cycle of preparation, development, implementation and marketing. Project schedules are estimates and can vary depending on various factors:

START FROM THE IDE

-Q3 2017

We began the idea of integrating shipping platforms with blockchain payments and smart contracts.

ICO PREPARATION

-Q1 2018

Prepare an Initial Coin Offer for CargoCoin, collect teams, choose an advisor, prepare a white book ...

ICO LAUNCH

-Q2 2018

Launch of Initial Coins Offer for CargoCoin

SMART CONTRACT

-Q2 & Q3 2018

Programming smart contracts on the ERC223 platform, testing and evaluation

DEVELOPMENT STAGE 1

-Q3 & Q4 2018

Development of a global shipping platform, connecting importers, exporters, ship brokers, forwarders, ship owners, etc. (Stage 1). Develop a mobile application.