Topic: [ANN] QUASA OPEN LOGISTICS BLOCKCHAIN PLATFORM - page 43. (Read 36016 times)
QUASA - is a decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the block chain and its own crypto currency.
The substitution of centralized services with SMARTCONTRACT and BLOCKCHAIN technologies will ensure transparency in the logistics market. The generation of the commission will become clear, and prices for the services will be reduced thanks to open and transparent interaction between all participants of the supply chains. QUASA technologies will considerably reduce time, financial, and labor resources involved in the shipping process. At the same time new markets will open for the carriers while QUASA platform will become a benchmark of the quality of the services offered in the market.
- 65% formation of services described in the previous section;
hiring of new employees and bearing the expenses related to the corresponding development;
elaboration of the infrastructure for developing a logistics market 2.0 as well as developing the member community;
- 17% - overheads for launching preICO and ICO, bonuses for the developers
legal costs and other bureaucratic expenses;
bonuses for the founders and for the developers of the platform;
repayment of borrowings used for creating the platform;
- 10% return on investments made by investors on the earliest stages of project;
- 8% - payment of PR services used at preICO, ICO, and Release stages.
hiring of new employees and bearing the expenses related to the corresponding development;
elaboration of the infrastructure for developing a logistics market 2.0 as well as developing the member community;
- 17% - overheads for launching preICO and ICO, bonuses for the developers
legal costs and other bureaucratic expenses;
bonuses for the founders and for the developers of the platform;
repayment of borrowings used for creating the platform;
- 10% return on investments made by investors on the earliest stages of project;
- 8% - payment of PR services used at preICO, ICO, and Release stages.
Our research showed that the majority of users do not work with transport exchanges. This is due to the fact that they need additional software installed on laptops.
In other words, even if we disregard paperwork and work with tables and email services, they still need to resort to a transport exchange in order to verify the status of a request, a cargo, or other documents.
Such actions are the ones that lead to lower popularity of exchanges, since an exchange cannot substitute standard working tools.
In other words, even if we disregard paperwork and work with tables and email services, they still need to resort to a transport exchange in order to verify the status of a request, a cargo, or other documents.
Such actions are the ones that lead to lower popularity of exchanges, since an exchange cannot substitute standard working tools.
QUASA is open for cooperation and will take care of its partners. After the first shipments are adjusted, we will organize the signing of contracts with petrol stations, hotel chains, medical centers, and service enterprises, and elaborate corresponding privileges.
Commission received from such companies will become another monetization channel.
Commission received from such companies will become another monetization channel.
In the course of the research, we realized that all applications which existed in the logistics business were developed either by small transport companies or by big corporations. Such companies earned their money not due to the quality of their IT product but for its logistic services. Their software had always been the means of the process automation. That is why 90% of such products were never released into the market. They were intended for the use only within the company which developed them.
QUASA will be able to realize functions for submitting electronic declarations to customs authorities of countries of destination in accordance with regulations of a particular country. This will enable all interested parties to reduce their labor costs necessary for studying customs rules in other countries, and to reduce expenses for attracting third parties.
Hyperledger Fabric will be integrated for managing documents and authentification, managing KYC / identification, ensuring transparency of the supply chain, tracking origins, performing correspondent bank operations, and managing cases of resorting to the central bank.
We are planning to insure not only cargos but also the responsibility of contractors for risks arising from possible unfair nature of their services. Contractors will be given a certain status and privileged insurance tariff depending on their rating. Carriers will be granted special quality mark designed by QUASA.
QUASA - is a decentralized system which consists of several smart-contracts designed for tracking deals.
The business strategy of the multimodal application is based on providing customers with absolutely new way of interacting with the logistics market.
We should definitely create a strong infrastructure which will be able to transform an obsolete logistics into a LOGISTICS 2.0, as well make our platform one of the leaders of the market.
QUASA involves several suppliers and carriers in order to secure step-by-step integration of all the participants of the supply chains into the delivery platform, and this requires a unified register. An open register proposed by Cisco Systems seems a suitable solution. The use of the standardized realization will help to secure smooth integration with other IOT services (Internet of Things which connects the objects with the Internet, thus helping to perform the analysis and obtain data about the object in question). Thanks to the implementation of this register, the data will be transferred to the service in a unified format. With the help of this register our clients will be able to use even more detailed contracts which will enable wider process automation.
According to the experts’ estimates, in 2015 the logistic sector accounted for 6% of the world GDP, and its turnover was equal to USD14 trillion. For quite a long period of time the cargo shipping market is going to retain a considerable share in the world economy with CAGR being equal to 3%.
The functions of the system are designed to protect cargo owners and carriers through the blockchain and the smart-contract technology in order to eliminate possible problems related to trust, information barriers, and legal costs. The target audience of the service operates in b2b, b2c and even c2c models.
QUASA - is a decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the block chain and its own crypto currency. Such an approach takes the development of logistic technologies to a completely new level and ensures total security and privacy in the whole supply chain.
QUASA decentralized logistic platform offers innovative solutions based on the introduction of blockchain technologies to supply chain management.
The platform will help all the participants to obtain considerable advantages of decentralized service and a unique and transparent economic system based on own QuasaCoin crypto currency.
The platform will help all the participants to obtain considerable advantages of decentralized service and a unique and transparent economic system based on own QuasaCoin crypto currency.
Idea of the project
The main concept of the project is to achieve a technological breakthrough in logistics by means of creating a transparent system of interaction between all the participants.
The main concept of the project is to achieve a technological breakthrough in logistics by means of creating a transparent system of interaction between all the participants.
QUASA - is a decentralized system which consists of several smart-contracts.
Blockchain for supply chains.
Blockchain for supply chains.
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