Prime Shipping Foundation: Cargo Shipping Solution
Understanding transportation is the transfer of human and inanimate objects or living from one place to another by using a vehicle driven by humans or machines. Transportation can use land, sea and air. in this article we will discuss about sea transportation.
Sea transportation is a system of moving people or goods that operate in the sea by using a vehicle as a vehicle with the help of human or machine power. Water transportation is a means of transportation that develops earlier than other transportation modes. This happens because the water surface is flat and does not experience many natural obstacles. Besides that the surface of the water has a smaller friction force making it easier to traverse.
In Indonesia the tool is known by the name of the boat, in Africa and South America known as canoeing. Eskimos call boats by name like. In English the boat is called a coracle. In addition there is also the so-called catamaran, which is a type of boat consisting of three sticks tied together with a belt made of leather. There are also so-called rafts made of wood or bamboo stems tied together. The boat is driven by human power by using a paddle. and many more.
Sea transportation plays an important role in the world of international and domestic trade. Sea transportation also opens access and connects the island region, both developed and isolated areas. Maritime transportation for centuries is considered the best way of international cargo transportation, which is used by most countries, and for many people, this is not the only one. However, despite its high efficiency, modern transportation with the help of ships is not so ideal, and at the point that new technologies seem to ignore it. But in some 2-3 years the situation will change radically, thanks to the introduction of blocking technology, smart contracts and crypto-currencies - the founders and developers of the project Prime Shipping Foundation are doing it.
Prime Shipping Foundation (PSF)
Prime Shipping Foundation (PSF) - the world’s first payment ecosystem for shipping, residing 100% in the Blockchain. An online payment system, crypto bank and exchange for business customers, small and big corporations, participating in the marine shipping market.
PSF aims to simplify and make transparent any payments between all the shipping market participants. PSF has developed the PRIME token – the key to rapid and low costed transactions for freight payment and bunkering services. By utilising the PSF’s ecosystem, freight market participants such as shipowners, charterers, freight operators, brokers, agents and bunker suppliers can increase the efficiency of their operations while simultaneously cutting operating expenditures by substantial margins.
The PRIME token solves the problems of the shipping industry, revolutionising the way the world moves goods. This document describes PSF’s ecosystem and the PRIME token which have been developed to form a transparent, fast and cheap sea freight market, ultimately making the cheaper price of goods for consumers.
The best way for cargo solution
Sea transportation has withstood the test of time. When people have replaced horse-drawn carts and caravans with land and air transportation systems, ocean-laden ships still hijack 75% of our planet. But how exactly is the delivery today? Consider the volume: • 62% of the transfer of goods in the world using sea transportation. • 90% of the world's maritime transportation is involved in international transportation. Sea transportation is the best solution for cargo transportation. 62% of all international cargo shipments are carried out with the help of ships, 90% of all ships in the world (more than 50 thousand units altogether) are used for transportation purposes, and 98% of all trade in Japan and the UK, and 90% of the US trade is carried out across the ocean. if in 2015 ships deliver around 54.69 billion tons of cargo with total profits for the industry of $ 8.1 trillion, the market is expected to grow to 92.10 billion tons of cargo and $ 15.5 trillion in 2023-2024 profit per year. As we have said, despite all the advantages, water transportation has a large number of shortcomings, related to the lack of high technology solutions as well as the speed of delivery time.
Sea transportation is the most convenient choice for medium and large businesses. The fact is that there are practically no restrictions on cargo dimensions, especially when compared to vehicles. This is caused by the highest payload capacity, compared to other cargo transportation modes, and, at the same time, the lowest cost.
The goal of creating a comprehensive solution, based on blocking technology, smart contracts and crypto currencies is to ensure supply chain transparency and the ability to track shipping processes, instant cross-border payments and low-cost conversions, and the security of B2B cooperation. Prime Shipping Foundation solutions include:
- Prime Payment System is a system for processing instant payments between B2B participants. Transactions have no geographical or legal restrictions and are implemented using platform tokens - PRIME Token;
- Prime Crypto Bank is a unified crypto-currency bank for enterprises that will allow users to operate transactions with PRIME tokens, as well as by currency currencies - dollars and euros;
- Prime Exchange is a crypto currency exchange that allows you to sell and purchase PRIME tokens for Bitcoin, Ether, dollars and euros;
- Prime Shipping Platform is a platform for the organization of delivery and its provision with a smart contract indicating the number of tokens for, the point of departure and destination, the type of vessel, the volume (weight) of the cargo and the date of delivery
- Prime Investment Fund - hedge fund of investors Prime Shipping Foundation
The official thread - https://bitcointalk.org/index.php?topic=4465355.0
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ETH : 0xb164bEf3d78348a323E45db8d06C23F883742080
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