Wednesday, August 1, 2018

BITNAUTIC- PROJECT OVERVIEW

Introduction


Hello everyone I have a new project to tell you about today. Very very promising project. I will be talking about the problems , solutions and reveal to you the ICO details of this wonderful project. Lets start with the introduction.
This is a brand new platform that is designed to make shipping function more effectively. The company is said to be technology based to help with your shipping needs for today and tomorrow. The main goal of the system is to help consumers and users get more golden opportunities to build fortunes. But it’s not just for consumers, it’s also for traders, investors and ship owners as well.
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The customers always come first with BitNautic. Users have several different features they can rely on, some being powerful incentives to encourage work. You’ll be able to do things like get estimates on the total shipping cost of your cargo in regard to the different specific requirements.
After that, you can count on being able to book the cargo right there, just book and the company BitNautic will handle the rest. You can also purchase goods immediately from their eCommerce platform that is developed specifically for the users of the platform.
Any ship owners who want services or crew can count on the platform as well. You won’t have to worry anymore about finding good crew or services related to shipping. You just put your ship on the BitNautic platform and they will provide all the shipping services needed.
They’ll match you up with different opportunities that will help you expand your business and increase the scope of your audience. You can even list your ship on the network to be rented out. BitNautic promises to be one of the largest shipping platforms in the world, one that will help anyone in the industry maximize their profits.

Problems


Security Threats: The high number of incidents of piracy and armed robbery against ships off the Somalia coast and in the Gulf of Aden is something that the whole world is aware of, and is a growing concern for the maritime industry that is heavily affected by these incidents.
Environmental regulations: Maritime transport emits around 1000m tons of CO2 annually and is responsible for about 2.5% of global greenhouse gas emissions. These emissions are predicted to increase up to 250% by 2050 in absence of
installation of newer energy-saving technologies.
Lack of Transparency: The failures of transparency are largely due to bad data handling practices (or worse, due to parties being incentivized not to share accurate data). Often, due to fragmentation, uncertainty, or to protect the exclusivity of their arrangements, brokers can’t or won’t tell a shipper exactly what carrier and driver are carrying their freight.
Labor disputes and Job cuts: In Dec 2015 when the Maritime Union of Australia (MUA) held the ship of global mining giant Alcoa, hostage for two months, disrupting the operations of the port of Portland? Repeatedly, labor disputes and strikes have disrupted the shipping industry and created huge gaps in profitability and product rollouts. The shipping rates increase, and the supply chain becomes more overloaded.

Solutions


Based on the surveys and the reports, there are significant problems being faced by the martime industry. One of its kind, BitNautic facilitates an open market and freetrade, increased international cooperation, government support, public-private partnerships within the industry, knowledge sharing and bridging a gap between the regulators and shipping industry. Because of BitNautic, all concerned parties such as transporters, shippers, cargo owners, and agents will come on the same page and negotiate their own terms. Therefore, it will avoid the long chains that will arise due to multiple parties involvement. All these things happen because of the power of blockchain and also the virtue of the E-commerce platform which make it possible that imported or exported goods can be traded along with the local goods available. The platform will also provide special features including QR code, GPS based suggestions, deals and discount alerts.

Token Details

Name: BITNAUTIC
Symbol: BTNT
Type: ERC-20
Total Supply: 50,000,000 BTNT
Initial Distribution: 35,000,000 BTNT
Accepted Currency: ETH
Exchange Rate: 1 ETH = 500 BTNT
Soft Cap: 5,000 ETH
Hard Cap: 50,000 ETH

Unique Team


Most of the team members on the system have full, verified LinkedIn profiles. This is all good because the more transparency a company has in regard to their team, the more trustworthy they typically are. Anmol Bajwa is the CEO and Founder, he’s the leader of more than a dozen other team members who are working hard to bring the vision of BitNautic to reality.

Conclusion


If you’re looking for a good company to work with in the shipping, tech and cryptocurrency space, then BitNautic may be the right company for you. I like this Project a lot and have no doubt that the project is here to positively transform the shipping industry, the team are made up of experienced individuals in the shipping and the blockchain technology itself. It would be a good investment decision to participate in the ongoing token sales of BitNautic.
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Author
belushiiwuzeree
BITCOINTALK PROFILE

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