One of the biggest issues within the Logistic industry is it handles a pile of data in the old-fashioned, centralized way, and requires unreasonable staff overage. Logistics Industry operates in different locations i.e. different jurisdictions, handling a single supply chain for a single product could pose a nightmare for a beginner, and a serious pain in the stem for even a seasoned logistics expert.
Due to a centralized system, it’s not possible for logistics companies to track record of every movement of their transportation and connect with the receiver at the same time for delivery. Due to this gap receiver often slip window time for its delivery that causes inconvenience, delay of delivery and additional cost to logistics companies for re-delivery of the consignment. Even today logistics companies are struggling with innovate methods for express delivery and 24 x7 support for pick up and drop.
Another problem is, currently International sales i.e. import and export are done in the traditional method import and export are done in traditional method via the centralized banking system.That involves a substantial high fee, a complex method of handling Bills of lading & Letter of credit, other paperwork resulting in delay payment and possession of goods.
From dispute resolution to order tracking and payment efficiency, blockchain has the answer to the problems that have been plaguing the Logistic industry for decades.
Introduces you to Dafzo. Dafzo is a decentralized Global P2P Logistics Platform. Dafzo aims to solve the problem of traditional Logistic industry system. Dafzo works on Blockchain with the combination of smart contract, Artifical Intelligence, cognitive science and Machine learning methods to offer robust and advanced security layer of logistics ecosystem.
Dafzo will support multilateral trade and an e-market that has a Mobile App payment wallet, accepts cryptocurrency payments and includes a decentralized notary timestamp system. As a countermeasure towards fraud and other security issues, as well as the need to enhance efficiency, Dafzo employs the use of Ethereum-based smart contracts.
Utilizing smart contracts on the blockchain's immutable ledger, Dafzo allows International Trade finance, Global e-commerce logistics and consignment forwarding system bypassing expensive third party (including the bank) and geographical barriers in the market. The smart contracts will allow approvals and customs clearance can be quicker and more efficient, reducing processing times for goods at customs checkpoints.
In order to solve the problem of current traditional Logistics industry, Dafzo solution will provide numerous features include in:
- Patent International Trade Finance technology” system which stands for fully automated International Trade Finance Clearing system.
- Decentralized logistics aggregator ecosystem with borderless e-commerce marketplace at a low price.
- 24x7 within city Express delivery system
- Global P2P custodian & partner programme
- Contribution liquidity & benefits.
- Paying for the logistics services
- Payment to Custodians (near future)
- Payment to issue Letter of Credit
- Book shipment for import export to deliver goods
- Use on Business partner platform to book shipment/delivery
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| Token Usage |
The Dafzo token maximum supply is 70 million DFZ. The token wil be distributed in the following manner: ICO Token Sale 65%, Company Reserve 20%, Advisers 10%, Referral 3%, ICO Bounties 2%.
For more information about Dafzo and its DFZ token, you can visit the company Website at: https://www.dafzo.io/, or visit their Whitepaper online at: https://www.dafzo.io/assets/Dafzo.io.pdf
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ETH Address: 0xA73fA2565C18218AC6510c8CD3B220F5794f3B84
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