BitNautic ICO and Token Sale Review

The transaction that takes place in the shipping industry is a lengthy one and is full of humongous paperwork. There are charter-party agreements, sale contracts, port documents, bills of lading, letters of credit, and various other papers related to cargo and vessel transportation.

It is mandatory for all of these documents to pass through various departments. BitNautic has created a platform that simplifies the shipping and cargo industry through decentralized blockchain technology. In order to improve the operational efficiency and the industry’s capital investment performance, the financial, demographic, political, and technological trends need to be studied first.

BitNautic Decentralized Platform for cargo and shipping is a system where the individual shipping companies, traders, producers, brokers, manufacturers, and agents can follow the analytics presented by the platform and make decisions regarding allocation of resources or addition of new shipment.

About BitNautic

There are several challenges prevailing in the shipping industry like a security threat, poor tracking, environmental regulations, lack of transparency, and Labor disputes and job cuts. Through several surveys and reports, BitNautic has gathered all the information regarding the significant problems that are prevalent in the maritime industry.

So, BitNautic has come up with free trade and an open market where knowledge sharing, increased international cooperation, government support, public-private partnerships have been made possible. The gap between the regulators and shipping industry has been successfully bridged by BitNautic.

BitNautic came up with the solutions for all the maritime problems like global shipping currency, lower transaction costs, multi-currency acceptance, C2C Transactions, Digitized commodities, and transparency.

The features of the BitNautic platform are Transport system, Brokerage system, Booking system, Tracking, mobile application, exclusive deals and discounts, shipping & cargo marketplace.

Blockchain technology is considered to be one of the secured and rapidly growing technologies because it is faster, cheaper, and the transaction can be easily traced.

Advantages of BitNautic

Smart contracts will be put to use by BitNautic for payments and for mining transactions the proof of work is already being used.

The target audience of BitNautic is the end customer or the consumers, importers – exporters, ship owners, courier service companies, and brokers/ agents. Everybody has different demand, but BitNautic has been able to meet all their demands on a single platform by providing them with maximum benefits.

The booking system, brokerage system, coin economy, and the tracking system helps the users of the platform to make their business a profitable one.

The main ICO will take place on April 15, 2018, and it will continue until the end of June 15, 2018.