Hi, sorry I didn't follow all the thread and maybe someone has already answering this....
Do you have a prototype ready? or product?
How do you plan to have the database for transactions between peers ? which technology will you use? or it will be a centralized database ? because current Lisk/Oxy implementation only allow send coins from one address to another, is not trustless, is not contain anything else.
Only 5% for Legal Support and 5% for Insurance funds, don't you think is a low budget for this matter?
Ok, but can you also guarantee the security of the parcels? What if a “freight forwarder” make just disappear my “brand new expensive computer”, which should have been delivered to Russia?
We really hope it will never happen, but an anti-fraud team will always be at the disposal of users, who will be able to open a dispute as soon as an anomaly is found. The competent department will investigate and, if an offense will be discovered, the customer will be reimbursed for the cost of the shipped item (fully reimbursed if covered by LWF insurance, otherwise only partially).
No working prototype is available at the moment, however, funds raised through its pre-sale would be used in developing it's p2p platform with core service of freight Forwarders and the Blockchain logistics function. The DPos technology which would be implemented on this platform, will enable LWF devs create a secure, decentralized and performance-based logistics database through the blockchain and network-generated transactions. With this that will enable LWF to develop technology to make it a future standard for global logistics. Any logistics or handling company will be able to lean on LWF DPos blockchain, keeping in this way its data in a distributed database that will safeguard the company's data, making any logistic operation unassailable to any threats related to classical information systems.
Regarding the percentages allocated for legal and insurance funds, already this project has advisors garnished with years of experience in logistics industry and crypto-ecosystem and also just recently, it partnered with credible start-ups and the entire structure was revisited. However, the project plans to run a second ico in future if there are leftovers tokens from main token sale which can cater for financial eventualities incase the 5% allocated to each are not enough, IMHO.