The Container Shipping Industry is not such a hot topic to talk about when it comes to the world’s big issues. However, if you do a little bit of research, you will find out that there are millions of dollars spent in this area, and, unfortunately, fleets of containers transported daily are empty, which results in a massive global waste. Presumably, up to 20% of all containers shipped cannot be tracked for an exact location, a destination, and not even a current owner.

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Moreover, in most cases, no one knows if the containers are empty or loaded. Apart from economic loss, little by little, these things lead to great inefficiency and lack of organisation. Here’s where we introduce GSCP (Global Shared Container Platform), by Blockshipping, a platform that could help the industry to save approximately USD 5.7 billion each year.

Peter Ludvigsen, CEO and Founder of Blockshipping, says that traditionally, the shipping industry has a reputation of being quite conservative. For this reason, it is understandable why not many would step out to try to make a change in the system. Thanks to blockchain and its transparency, shipping companies could collaborate in an easier manner without actually having to trust each other. Besides, as openness is part of the system, this means that even main competitors could work together.

Blockshipping – who is behind it?

The three key people behind the Danish company, are Peter Ludvigsen, CEO and Founder, Christian Gyntelberg, COO and Jesper Vedelsby, CTO. All of them have vast experience in the shipping and ports industry. It is also important to note that amongst other investors and partners, the company has already secured backing from the Danish Maritime Foundation.

The GSCP ICO focuses on Quality

The Blockshipping's ICO is first ICO based on a new Danish framework called The ICO 2.0 Framework. The opening of the public token sale will take place on May 14, 2018.

In regards to any future sales, the team wants to make sure that they will always be compliant with the Danish law, that they will aim at the highest standards possible when it comes to security and coding quality, that they will promote transparency and openness and that they will follow a strict code of conduct in terms of communication and relation building.

A two-token model

The platform is powered by two types of tokens issued, and they are:

• The internal utility token, Container Platform Token - CPT
• Container Crypto Coin – CCC - the external Revenue Share Token.

CEO & Founder Peter Ludvigsen says that "the idea of issuing two tokens came from watching what happens when utility tokens become popular on the secondary market and how that tends to invalidate their viability as utility tokens for their originally intended purposes."

Token distribution

From a total number of 50,000,000, CCC tokens issued will be allocated as follows:

• Pre-sale: 10%
• Public sale: 70%
• Founders and employees: 5%
• Advisors, Media and partners: 10%
• Bonus for pre- and public sales: 5%

If you would like to find out more about Blockshipping or participate in the token sale, visit the official:
Website
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