LaneAxis: Revolution in the Global supply chain using blockchain
Overview:
It is a blockchain based platform which is aiming to uplift the global shipping industry by integrating blockchain in the existing technology which provides timely updates and alerts for the shippers, issues AXIS utility tokens which are usable in the internal ecosystem of the platform and backed by well experienced team members and advisors.
Challenges in the existing transportation industry:
Transport industry became the backbone of the US Economy and it is valuing $800 billion per year, but high involvement of brokers and middle man for the communication in the transportation system which leads to loss of revenue and income of the users, and the delay in the shipment, improper utilization of storage in the carriers, lack of communication with shipper which all leads to loss of revenue.
Solution:
To solve the issues in the transportation industry LaneAxis came up with blockchain based platform which allows its users to real time monitoring of their shipments and alerts the users when there is any problem occurred in it. Its technology enables faster and efficient of the shipping.
It has launched its mobile application which provides full visibility of carriers, it is user friendly its load manifest is directly linked directly with driver which allows instant accident reports with pictures, document uploads and fast payments
It uses blockchain technology and its distributed ledger records all the transactions efficiently and transparently, all the transactions are immutable in this network, smart contract performs the agreement between two parties without need of human ultimately it is reducing the cost of operation. Use of Blockchain technology in the supply chain industry creates more potential and makes operation easy between operators, shippers, carriers, regulators, and end users.
Token economy:
LaneAxis issues Ethereum based utility tokens called “AXIS” which can be used in the internal ecosystem of the platform for services availed.
Token details:
Token symbol: AXIS
Total supply of tokens: 500,000,000
Hardcap: $54,000,000
Softcap: $2,000,000 (Reached in Pre-Sale)
20% of the tokens are allocated public sale
Pre-Sale: 20th June to 20th Sep 2018
Public-Sale (Tier-I): 20th Sep to 22nd Oct 2018
Team:
Rick Burnett - Founder & CEO
Rick’s extensive knowledge of mobile technology, blockchain technology, and deep experience in trucking and logistics makes him a natural fit to lead the laneaxis team. rick spent 15 years researching and developing a mobile-based platform that provides real time tracking and data analytics over freight movements
Amarpreet Singh - Senior Blockchain Engineer
Amar is one of the leading advocates and contributing members of the Global Blockchain community. As a Senior Advisor of the Global Blockchain Foundation, Amar has been ranked by ICOBench as a top ‘Expert’ in blockchain technology.
Clint Johnson – VP of Sales
A former Wal-Mart merchandise executive, Clint is an accomplished, results-driven executive with a proven track record of achievement in strategic planning, merchandising, supply chain, analytics, team leadership, inventory control, auditing, plano-grams, trade management, and key performance indicators
Verdict:
Pros:
• Core team members are well experienced in their respective fields such as supply & Logistics Industry, Sales & Marketing, Finance, Counselling, AI, Business Development, IT, Software, ICOs and Blockchain Technology.
• Website and whitepaper has detailed explanation of the project
• Roadmap is drafted well, it is clearly showing its goals to be achieved till Q3 2022
• Advisory team are experienced in various fields such as Investments, Marketing, Manufacturing, Analytics, Finance, Software, IT, Cloud Computing, ICOs and Blockchain Technology
• Few team members and advisors are previously worked in Microsoft, World Bank, Airbus, Walmart, Ford and Tesla Motors.
• Social media hype is good, its telegram community has 8k+ members
Cons:
• Mobile application is not available in the google play store
• MVP is not available
• No information about partnership
Links:
Website: https://www.laneaxis.io/#
Whitepaper: https://www.laneaxis.io/assets/whitepaper/LaneAxis-REGULAR-whitepaper-V3.2-8-8-18.pdf
Telegram: https://t.me/laneaxis
Twitter: https://twitter.com/LaneAxisVFM
Facebook: https://www.facebook.com/LaneAxisVFM/
ANN Thread: https://bitcoingarden.org/forum/index.php?topic=44338
Bitcoin talk Username: anushkamehta0902
Bitcoin talk URL: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH Address – 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a