Scandinavian Launch to track Shipping via Blockchain

A run headed by experienced professionals in the shipping industry is establishing a Blockchain-driven platform
14 May 2018   165

Blockshipping claims its resolve – that is known as the Global Shared Container Platform (GSCP for short) – has what it takes to address remarkable inefficiencies in the marketplace, providing significant economy for businesses throughout the supply chain and reducing the industry’s toll on the environment. Although being a “hugely valuable” sector, Blockshipping affirms the sphere has been suffered for years by security threats, overcapacity and ever-tightening environmental policies – adding that some problems have stayed unresolved for years.

During a 3-4 year time, the Scandinavian firm intends to have 60 percent market range – equating to 16 million shipping containers – and wishes its utility token will turn of the standard currency for transactions between companies working in the industry.

In some weeks Blockshipping is waiting for announcing 3-4 cooperation contracts with different technology partners who will support Blockshipping in expanding the GSCP platform. Blockshipping has declared a partnership with MakerDAO, the establishers of the Dai stablecoin. The cooperation especially concentrates on the internal clearing and settlement token in the GSCP platform called CPT – Container Platform Token – that aims to be stable at all time. The partnership is supposed to accelerate development and availability of the Blockshipping GSCP by using Maker DAO’s proven Dai Stablecoin System to operate the GSCP platform.

We look forward to a partnership with Blockshipping in developing the best possible solution for transforming the container shipping space, where the Blockshipping solutions on the longer term can be “powered by Dai.” We are eager to show that our stablecoin system is perfectly designed for supply chain projects like Blockshipping’s GSCP platform.
Rune Christensen,
CEO, MakerDAO

Blockshipping claims its GSCP platform has been financed by the Danish Maritime Foundation as well as private angels, but an ICO is being presented to “further accelerate the development and adoption” of the ecosystem.

PascalCoin to activate V3 Hard fork

PascalCoin V3 Hard fork will be activated on block 210,000 on May 31 and feature anonymity via transaction mixing and inflation reduction
26 May 2018   39

PascalCoin is preparing for V3 Hard fork scheduled for May 31. It will introduce key improvements as such:

  • anonymity transaction mixing;
  • 50% inflation reduction;
  • Lazarus/FPC gets 10% of funding

To get more into the details:

PascalCoin transactions occur between publicly visible accounts and the crucial aspect needs to be implemented - fungibility. The improvement will allow users to perform 'client-server mixing', 'network-protocol mixing', 'chaining multi-transactions', 'decentralized exchanging' and 'monetized-API mixing'.

As for Lazarus/FPC (a base tooling from which PascalCoin is founded on), a total of 10% of the Developer Rewards is recommended to be allocated for the FOSS project funding. In a long run, a large developer mind-share is expected to reduce costs significantly.

To learn more about the details of the fork, you can visit Improvement Proposal page here. And regarding the market characteristics of PascalCoin, at the moment of publication they are as follows:

Average price 0.765895 USD
Market cap 15,978,408 USD
Volume (24H) 89,861 USD