PAYMENTPORTE : A PATHFINDER FOR THE SHIPPING MARKET

in #blockchain5 years ago

payporte 2.png

Preamble

Believe me, on several occasions i have had a deep thought on the shipping market, i have heard of several scary stories when it comes to shipping goods from one country to another, or from another country into yours. The amount these traders are made to pay is way out of the top. Shipping is the only way these goods can be transported from one country to the next, since ships are known for their cargo strength. But it is not a nice view from here, so many traders are backing out, the ones trying to get in are crawling back into their shells.

We all know that we don't have everything we need in our countries, thereby we have got to buy from a different country that has these goods and in quantum, but the problem lies in bringing it back, the many protocols, the many payment, the many discomfort, it is becoming unbecoming. The global container market is almost a disaster, there is a need for a change in the way things are being done here!!! SOS; anyone out there? there is a ship that is about to capsize out here!!!

PAYMENTPORTE; OUT ON A RESCUE MISSION!!

PAYMENTPORTE is a platform that is built on the Stellar Blockchain, its focus is to re-innovate the cross border transfer industry. They are creating a "one size fit all" platform. This simply means that everyone is equal on their platform. They look forward to helping the small, medium and large enterprise to operate easily and without any limitation.

Basic Aim

payporte 4.jpg

The container industry in the recent times are under the siege of centralized authority, the PaymentPorte platform wants to take a bold step in empowering business and enterprises with a public blockchain and also the P2P technology.

Global Container Market Analysis And Size payporte 6.jpg

The Analysis

According to statistic, the global container market demands has been estimated to be around 4.7%. For several years now the Ocean Freight & Shipping Industry has been running on a very slim profit margins which is actually known for the profit of $12T annually. There is an assurance that if the global trade is managed properly, the volumes could grow by 15%.

Market Size

  • Online Payment Industry: This includes the digital payments, cryptocurrency, wallet, credit/debit card, payment to and fro banks e.t.c.
    Total transaction value in 2019 : US$4,144,965m
    Expected annual growth 2019-2023 : 12.7%= US$6,686,650m
    Commerce market value 2019: US$3,397,3547m

  • Remittance Industry : Following the report of the hottest Zion Research, the global remittance market value in 2018 was USD 1.93 billion, and by 2025 it is expected to increase in value to about USD 8.61 billion.

  • Cryptocurrency Industry : According to marketandmarkets.com the cryptocurrency industry is growing steadily and at a speed and could be the next economic fizz and by 2024 it is projected to reach USD 1.40 billion at a CAGR of 6.18%.

  • Blockchain Industry : During the CAGR forecast the blockchain industry will soon reach 37.2%. And will achieve USD 7.59 billion by 2024.

  • Shipping Industry : Within the year 2018 and 2026 the Ocean shipping market will grow up to 5% at CAGR.

Token Details

payporte 1.png

Conclusion

The PaymentPorte platform is an innovative platform that is about to turn the operation of the container market around globally. The will offer a service where everyone can participate without any hindrance, they will offer services that will accommodate the small, big and large enterprises, with a detailed analysis on the different industries they have made a working plan that will pave way to a new era of shipping atmosphere.

Useful Links

Website: https://paymentporte.com/
Whitepaper: https://paymentporte.com/wp-content/uploads/2019/06/lp-porte-v-1.0.pdf
Twitter: https://twitter.com/PaymentPorte
Facebook: https://www.facebook.com/portetoken/?modal=admin_todo_tour
Reddit: https://www.reddit.com/user/paymentporte
Linkedln: https://www.linkedin.com/company/35467487/admin/
Telegram: http://t.me/PaymentPorte

Writers details

BTT Username: Oyimeelijah
BTT link: https://bitcointalk.org/index.php?action=profile;u=1982524

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.032
BTC 65122.70
ETH 2948.71
USDT 1.00
SBD 3.66