NEXTPAKK - The Blockchain Enabled and Distributed Logistics Solution Built For Last-Mile Delivery
INTRODUCTION
Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
As more technological advancements are uncovered,Nextpakk, a digital platform that works on block chain technology to provide smooth logistics services to the e-commerce partners came on board.
ADVANTAGES OF BLOCKCHAIN IMPLEMENTATION
Decentralized Payment Processing
The payment processing framework for global commerce is based on a centralized system which requires the services of third-party authenticators. These third-party agents are responsible for ensuring the fidelity of the global payments system and they charge fees for their services. One of the fundamental philosophies behind the operation of the blockchain is the removal of these third-party agents and their associated cost of trust and replacing them with a robust, functioning distributed ledger payment framework.
Creating an Immutable System of Record
The blockchain is the first successful implementation of the distributed ledger framework. On public blockchains, the distributed ledger constitutes an immutable system of records that is available to all participants. The immutability of a blockchain ensures that it is tamper-proof.
Reducing Cost of Transaction
Payment processing remains the basic level of commerce but it is one that has not seen much in the way of evolution since the emergence of fintech protocols. Blockchain technology has the potential to disrupt commerce by causing a paradigm shift in the mechanism by which transactions are carried out. The fees charged by third-party actors and middlemen in the payment chain constitute a considerable portion of the cost of transactions. By eliminating the middlemen, the cost of transaction is materially diminished.
Enhanced Security
Operating on a multinational scale opens up any enterprise to the activities of hackers looking to breach the structural and functional integrity of the platform. Blockchain technology offers a robust security framework that makes it difficult for hackers to make an incursion into the platform. There is no central point of failure and hence no single point of entry for malicious digital attacks. This ensures the safety and security of the data collected by field agents and the payment processing network. that provides an accurate accounting for the entire platform.
ABOUT NEXTPAKK
NextPakk is a delivery service that allows customers to schedule delivery within an hour of the window ensuring customers are at home when the package arrives. NextPakk uses blockchain technology to track packages, while protecting customer identity and ensuring timely delivery.
For package shipments, NextPakk uses shared economies like Lyft, Uber, and AirBnB. Individuals can earn extra income in their spare time by sending packages to NextPakk.
The Vision
At NextPakk, we’re “reinventing the logistics of life” and transforming last-mile logistics through a sharing economy built on blockchain. The beauty of this system is it’s frictionless, efficient, and transparent. Operating around a decentralized sharing-economy cryptocurrency, Pakka, tokens will be used to exchange value on the platform while effectively and securely tracking packages and their chain of custody. Pakka blockchain will be the platform of choice for logistics business and related services in the last-mile. We support local businesses through PDP (Package Delivery Point) partnerships: businesses accept packages, shielding them from porch pirates and inclement weather. From there, customers receive an alert, telling them their packages have arrived locally and they’re set to schedule delivery at their convenience – when they’re home.
NextPakk DApps Use Cases
NextPakk DApps can be applied to any shipping solution at any scale. For import/exports to shipping cars across cities to shipping industrial goods among distribution channels etc. However we are committed to use this solution to fix the Last Mile logistics problem area by driving the business through partnerships across small businesses across the country to hold our Package Delivery Points (PDPs) and building a fleet of share economy drivers across the country to bring down the issues that all the eCommerce and local businesses face in getting their goods in the buyer’s hands, the moment that matters. In areas where there are lot of losses in the shipment, Pakka blockchain will be a saviour for both manufacturers and shippers as the shipment is fully guaranteed by the underlying collateral in Pakka tokens.
The Blockchain Shared Economy
Blockchain and sharing economy, each disruptive on their own, were combined to create a decentralized platform for consumer-scheduled evening delivery, 7 days/ week. Creating a marketplace of online shoppers, local businesses for package delivery points (PDPs), and local last-mile delivery drivers that gives consumers convenience, control, and security over their delivery. Pakka blockchain will be the backbone of the DApps built to conduct Logistics business and last-mile services, using the Pakka tokens as payment and or collateral for packages, while changing hands from pick up until delivery.
The Problems
INSUFFICIENT FACILITIES
Having fewer facilities decreases the proximity to consumers, reduces delivery speed and cost more money. An insufficient number of distribution facilities will increase travel time.
DISTANCE
The location of last-mile distribution centers is critical. A company that doesn’t choose its distribution centers wisely will still incur considerable expense and delay during the last mile.
TRAFFIC
A five-mile trip in a busy city can take time. In more congested areas, companies will need to consider more than just distance.
LOSS
With more people shopping online missed deliveries and package theft is a serious problem.
The Solutions
MORE FACILITIES
We're' partnering with local businesses to be our package delivery points to effectively utilize unused space. This will allow us to be scalable with minimal infrastructure while increasing the proximity to consumers.
SHORTER DISTANCES
The Package Delivery Points (PDPs) are located close (typically < 5 miles) to where the customers live, resulting in shorter distances and less time to make the final delivery to customers.
LESS TRAFFIC
With the additional PDPs spread out in strategic locations in a city, they can efficiently overcome traffic challenges.
ZERO LOSS
The PDPs and drivers are incentivized to create a platform that gives shoppers the control to schedule the day and time of delivery when they're home. This results in zero missed deliveries and zero package theft.
The Benefits
Retailers’ profit margins increase from fewer stolen packages
Local stores benefit from the use of extra space
Drivers earn extra income, using their vehicles to deliver packages
Carriers’ profit margin increase from fewer missed deliveries and miles traveled
Consumers gain convenience, control, and security due to fewer missed deliveries, stolen packages and limited personal information
NEXTPAKK ICO Details
Pakka - a token for exchanging value on the platform, tracking packages and establishing an effective chain of custody. The same Pakka tokens can be used to obtain NextPakk services and partner services as long as NextPakk operates in an area and there is a need for deliveries. Using Pakka tokens consumers can buy physical products and services from Pakka-enabled merchants.
They are allotting 50% of the tokens to fuel platform adoption.
The remaining 50% will be sold in three phases.
Total circulation of Pakka tokens will be 1 billion.
As part of private token sale we are selling 80 million Pakka tokens.
Token Details
Token name: NextPakka token
Code: Pakka
Platform: Stellar
Total supply: 1 billion Pakke
Softcap: $3.2 million
Hardcap: $ 32 million
To Purchase A Token: 29.05 – 30.09
Price: $0.16 - $ 0.32
SOFT CAP: $3.2 million USD | PLATFORM: Stellar | PURCHASE METHOD: BTC-ETH-USD
Private Token Sale
Supply: 8%
Duration: Mar 29th - July 30th, 2018
Price: 1Pakka = $.16 USD
Goal: 12.8 million USD
Public Pre-ICO:
Supply: 12%
Duration: Aug 1st - Aug 31st, 2018
Price: 1Pakka = $.24 USD
Goal: 28.8 million USD
Public ICO
Supply: 30%
Duration: Sep 1st - Sep 30th, 2018
Price: 1Pakka = $.32 USD
Goal: 96 million USD
Fund Allocation
35% - marketing
25% - product development
20% - business development
15% - research and development
5% - Legal And Management
RoadMap
Q1 2016 Seed planted for NextPakk
Q3 2016 V1 of NextPakk as a physical solution
Q1 2017 Collected feedback from users on V1 and revisited the solution
Q2 2017 V2 of NextPakk solution based on shared ecosystem MVPConducted over 700 customer interviews
Q3 2017 Ran a pilot program involving 10+ apartment complexes
Q4 2017 Started work on building the platform based on blockchain
Q1 2018 Web app launch
Q2 2018 Private Tokensale
Q3 2018 ICO and token distribution
Q4 2018 Market reach in 3 US major cities
Q2 2019 Pakka DApps launch UK/AU/DE markets
Q4 2019 Expansion into 10 US major cities R&D using AI in Logistics
Q4 2020 Expansion into sub-Saharan countries
Q4 2021 Continued worldwide integration with the global supply chain.
Meet The Amazing Team
NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
Website: https://www.nextpakk.com/
Telegram: https://t.me/nextpakk
Twitter: https://twitter.com/nextpakk
Facebook: https://www.facebook.com/nextpakk
GitHub: https://github.com/nextpakk
Medium: https://medium.com/nextpakk
PUBLISHER
bayo88
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2407711
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