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   903

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.

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   101

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.