LaneAxis Virtual Freight Management is patented technology built to connect Shippers directly to Carriers, giving both real-time visibility and proactive control over every shipment — as well as cutting out expensive middlemen. LaneAxis is now building a blockchain solution to transform the transportation industry. The LaneAxis interaction platform leverages Blockchain technology, and more specifically, auditable immutability and traceability of records to act as a bridge between carriers, shippers, trucks, and regulators. AXIS tokens act as a provenance and trust protocol for data across disparate semi-trusting organizations. The platform is built over a high performance enterprise blockchain, with the AXIS utility token required for blockchain entry, IoTs installed in trucks, client side applications and integration platforms to integrate with legacy systems.
How The Platform Works
The LaneAxis Blockchain verifies and stores all key data and documents involved in a freight movement, including Shippers' contracts, insurance certificates, Department of Transportation registration numbers, and Commercial Drivers License information. During transport, the LaneAxis ledger stores critical data in real-time, including proof-of-pickup, GPS location tracking, exception management, and proof of delivery. The LaneAxis Token serves as an API key granting access to the LaneAxis Blockchain Ecosystem.
The LaneAxis Blockchain injects total security and data integrity into the notoriously disorganized freight and logistics sectors. Utilizing smart contracts on the blockchain’s immutable ledger, Shippers and Carriers can now deal directly with each other, bypassing expensive third party freight brokers.
The platform will also help drivers by managing their physical and mental load. LaneAxis ensures driving hours are accurately reported and monitored, and also helps truckers find the best and most efficient routes, which will speed up and cut the cost of deliveries – a definite benefit to both the services providers and the consumers. With optimized routes, there is less time spent idling and fewer empty trucks on the road, which will significantly reduce the trucking industry’s environmental footprint.
With decades of combined industry experience under their belt, the LaneAxis team knows the history of shipping logistics inside and out. This ensures the LaneAxis project is rooted in deep transportation experience, along with a crystal clear vision of the technologies and future needs of the industry.
LaneAxis AXIS Token ICO Details
To increase incentivization for proper actions by participants in the ecosystem, and to facilitate fair trade, LaneAxis will utilize the AXIS token. Utilizing the token will incentivize trade partners to participate fairly within the regulatory framework. A few benefits of AXIS tokens are data access for fair participation and trust, regulatory readiness by providing validation in the system and decreased operational expenditures. As the token is utilized, its utilitarian value will increase, while the cost for all participants will decrease.
50% of the tokens generated will go available in the Pre-Sale and 20%in the Crowd Sale. 10% of the tokens will be given to the team for the efforts of building the platform, 2% for the bounty campaigns, which is one of the most effective marketing channels, 2% to the logistics community and finally, 15% will be set aside in the reserve for utilization in unforeseen circumstances.
Token : AXIS
Platform : Ethereum
Type : ERC20
Price in ICO 1 AXIS = 0.12 USD
Soft cap : 2,000,000 AXIS
Hard cap : 300,000,000 AXIS
Tokens for sale : 300,000,000
The “AXIS” token will serve as the gateway to LaneAxis’ immutable ledger, digitally bolted to the LaneAxis blockchain. The “AXIS” utility token will function as an API access key, as well as a means of transacting services, features, and rewards within the LaneAxis blockchain ecosystem.
LaneAxis Conclusion
The global logistics market will reach $15 trillion by 2023! Data integrity has never been more important for the industry. The LaneAxis blockchain ledger will serve as an airtight and immutable record of all freight transportation transactions, emerging as the most trusted source for business intelligence across the entire freight transportation landscape.
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Author: safazara
Website : https://www.laneaxis.io/
Whitepaper : https://www.laneaxis.io/assets/whitepaper/laneaxis-whitepaper-eng.pdf
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