I have review this ICO and I think it is remarkable and would sure take on their competitors head on with their unique platform, the thing that I like about this is to encode geographic data to increase cargo visibility so you can have a track on where is the cargo and the assurance that it can never be lost, and the use of bar codes or hardware RFID integration for further tracking of your cargo I think that is the best way in providing their clients the safety of the cargo, and I think they had done a great job in providing individual players with reward in participating with their system or a driver rewards, I will review this ICO further to gain more knowledge on what they do and what unique way they can offer.
Good to hear those thing by being transparent and keeping the security of different cargo. But can I ask a little question? What will be the possible response if the cargo got lost? Do you pay for it?
Well if it's gonna be shipchain's fault then I think there is no need to pay for it, And if you already did there will be a rebate for your payment, But if the one that is sending it has a fault and gives the wrong address then the sender still needs to pay for the use of the services,
The comment above is right, if all the plans and objectives of this project is properly executed, this one will be a big threat to those existing logistics company and it's advantages over the others is it uses the blockchain technology.
We can not prevent any Competition there will always be something like that the company should learn how to handle and deal with this because they have provided something like this and the only thing that can be unique with the Ship Chains service is because of the blockchain technology.
