Bitnautic Decentralised Shipping Platform

A tech for your shipping needs Now and Tomorrow!

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About Bitnautic

BitNautic is a decentralized shipping and cargo platform based on blockchain technology. Aiming to provide a better fortune and golden opportunities to consumers, traders, brokers, agents, ship owners and the overall industry, BitNautic acts as a marketplace for goods and commodities where importers, exporters, end-consumer and producers are available to trade their products and ease their trading practices all over the globe. BitNautic comes with distinctive features like AI (Artificial Intelligence) based booking system, a real-time tracking of ships, an e-commerce platform, special deals and exclusive discounts. BitNautic also introduces a digital currency (BitNautic Coin or BTNC) and deploys blockchain technology along with smart contracts to support fast and transparent transactions. BitNautic has the potential to bring land, air, and ship cargo on one platform, thus, reshaping the way transportation works and touching every aspect of our society.

How to Get Started

01

Customers

With BitNautic, you can get various features and incentives. You can now estimate the total shipping costs for a cargo according to the specific requirements and book the cargo as required, no need to worry anymore we’ll handle the rest. Moreover, you can buy products instantly on our E-commerce platform which is specially developed to add as many features as can be helpful for the buyer and seller both.

02

Ship owners

Got a ship? Want services or crew? Want to put the ship on rent? Worry no more, list your ship on BitNautic and find the best services, staff, and crew for all your shipping needs. BitNautic provides matchless opportunities to expand your business and maximize audience scope. So, you can now list your ships for rent on one of the biggest shipping platforms and maximize your profits.

03

Custom Agents

BitNautic provides the local shipping agents a great potential to flourish in the market. Our platform connects them directly with the customers that are seeking for good agent services. So, if you are seeking to become a digital broker, BitNautic is the place for you, where you can connect with local and global ship owners as well as the customers

BitNautic Features

1

Cargo Booking

Estimating the total price and booking a cargo for transportation is made just a few clicks away with the BitNautic platform.

2

Global Shipping Currency

BitNautic allows users to exchange cryptocurrency or fiat money with (BTNT). Our global currency brings all the shipping community on the same platform.

3

Tracking System

BitNautic deploys a state of the art ship tracking and cargo tracking system for its customers in real-time. So, all your worries for cargo is going to vanish.

4

Shipping and Cargo Marketplace(SCM)

A platform bringing shipping associates at the same table boosted by intensely developed BitNautic core systems.

5

E-commerce platform

A user-friendly digitized marketplace where they can buy or sell their products directly without the involvement of any middleman.

6

Exclusive Deals

BitNautic comes with tempting deals and exclusive discounts that are customized according to members. Notifications are given to members, so they never miss a deal again.

Token Sale

TOKEN ALLOCATION

Crowd Sale (Pre ICO + Main ICO) 70.0%
Founders (4%)
BitNautic Team (6%)
BitNautic Advisors (5%)
Bounty Program (5%)
Reserve Fund (10%)

Details

Token Symbol: BTNT
Token Type: ERC20
Total Token Supply: 50 Million
Crowdsale: 35 Million
Token Price: 1 ETH = 500 BTNT
Minimum Transaction: 0.05 ETH
Minimum Goal: 5000 ETH
Maximum Goal: 50,000 ETH
Pre ICO Starts: Mar 15, 2018
Pre ICO Ends: Apr 15, 2018
Main ICO Starts: Apr 15, 2018
Main ICO Ends: Jun 15, 2018
No new tokens will ever be created
All unsold tokens will be destroyed

FUNDS ALLOCATION

Ships Purchase (30%)
Admin Operations (7%)
Marketing & Sales (30%)
Research & Development (20%)
Legal Fees (3%)
Exchange Integrations (10%)

BitNautic Smart Card

card

1. All in one trading card

One smart card ensures all shipment needs and services for easy, convenient and secure transactions.

2. Fiat money replacement

No need to carry a lot of cash or credit cards. Pay with BitNautic card anywhere everywhere.

3. Secure and reliable

Full transparency and data security by the virtue of blockchain which safeguards user data, transactions and shipping information.

4. Instant Payments

Pay instantly for trades, commodities and products using our BitNautic card

Project Roadmap

Meet Our team

Team member image

Anmol Bajwa

CEO, Founder

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Garry Singh

Chief Technology Officer

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Ashton Addison

Chief Marketing Strategist

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Suzette Paulsen

Co-founder

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Gianfranco Pierini

Investor Relations

Team member image

Suzat Fernandes

Business Development Manager

Team member image

Mantaj Sidhu

Manager, Marketing

Team member image

Nasir Mehmood

Software Architect

Team member image

Farzan Masood

Blockchain Research Analyst

Team member image

Hamza Yasin

Blockchain Developer

Team member image

Sadia Sharafat

Project Manager

Team member image

Arslan Imran

Web Developer

Team member image

Akshay Patil

Bounty Manager

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Beata Sudar

Investor Relations

Team member image

Navin Chettri

Social Media Manager

Team member image

Nicolai Zaccariello

Community Manager

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Edward Melikyan

Marketing Strategist

Meet Our Advisors

Team member image

Jay Addison

President, EventChain

Team member image

Rosheel Baig

Blockchain Advisor

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Rolando Marzano

CEO ARI AUDIT

Team member image

Marco Bacelli

Executive Chairman at CMB International, Dewatering Silent

Team member image

Ash Roy

Financial Advisor (UK)

Team member image

John Van der Vos

ICO Advisor and Entrepreneur

Team member image

Oliver Ko

Financial Advisor

Latest News

bitnautic news
BitNautic, aims to provide a better fortune and golden opportunity to consumers, traders, brokers/agents, ship owners and the overall industry. BitNautic is resolute to encourage an open market and free trade, increase international cooperation, public-private partnerships within the industry, knowledge sharing and bridging the gaps between government regulators and the shipping industry. How BitNautic works? In traditional shipping ways, the transactions involve a lot of paperwork such as sales contracts, charter-party agreements, bills of lading, port documents, letters of credit and others related to vessel and cargo. All these documents need to pass through a long chain of departments. BitNautic prevails over old traditional shipping ways, which eradicates the need for several contracts to be signed multiple times and hence reduces paperwork. BitNautic also provides services and transportation which is internally boosted by decentralized Blockchain Technology. Inspired by the way Blockchain payment system works, BitNautic proposes a trading platform for commodities where consumers, importers/exporters, ship-owners, service providers and producers of goods will be able to trade their products in the open market and free trade environment. The potential of Blockchain within this platform makes it invulnerable to hacks, frauds or viruses making it totally transparent and secure. The Bitnautic Decentralized Shipping Platform, takes the product, the manufacturer, the transporter, the consumers and everything else in-between, to one surface. The implementation of Blockchain Technology and smart-contracts makes the process more transparent, secure, effective, less time-consuming and less vulnerable to cyber attacks. Moreover, it makes the tracking of Orders, shipments, consignments, container or of a ship more accurate and effortless. The AI (artificial intelligence) systems manage and control most of the process to avoid any human errors or inefficiencies. The complicated calculations of estimated delivery time of a shipment, which is otherwise influenced by unpredictable factors like the bills of lading, port documents, letters of credit and others related to vessel and by the weather conditions on the route to be followed by the ship, will be calculated by the AIs. It solves the biggest challenges faced by the shipping industry as one single solution with the implementation of Blockchain Technology and smart contracts. BitNautic ICO: The ICO token BTNT provided by BitNautic is an ERC20 token which will act as a medium to help you be a part of the project. Funds raised via ICO and pre-ICO will mainly be used for the research and development of the platform, in-house trading business, and to purchase ships to be used for the transportations of goods in containers as well as bulk products such as agricultural goods (sugar, corn, rice etc.), minerals and construction materials. The BitNautic ICO will involve the release of 35 Million tokens for crowd sale. The pre-sale for BitNautic starts on 15th March and ends on 30th March, with the main ICO starting on 15th April and ending on 15th June 2018. BitNautic also plans to incorporate a bonus program; the PRE-ICO SALE 2018–03–15 to 2018–03–30 has a Bonus of 30%. The main ICO Start on 2018–04–15 and ends on 2018–06–15 for a period of 8 weeks. ( 1st Week Bonus = 20%, 2nd Week = 15%, 3rd week= 10%, 4th week = 5% and the rest of the 4 weeks has no bonus). Features: It involves the following features as listed below: Transport System: BitNautic will have a fleet of ships, owned by Bitnautic or listed by the ship-owners/ shipping companies on the platform. These ships will mainly cater to the transportation needs of the in-house trading arm of the business. The ship owners can use the platform to make their ships’ opening positions known to charters. BitNautic will use funds raised through the ICO for buying ships capable of carrying the cargos for the in-house trading business in near future. Booking system: The user can see the ships available to carry their cargo based on their current location cross-matched with the destination of the cargo. The best matched lowest prices will be given to the user from which they will have the option to choose from multiple packages from different service providers based on specifications- weight, time frame, destination, address, source address. Booking a broker agent for all shipping chores can be executed using the BitNautic booking system. Brokerage system: A real-time ship brokerage system for ship owners, broker agents, and the courier companies; all possible with the BitNautic platform. The brokerage system of BitNautic will give ship-owners an opportunity to offer the ships which they can avail to get going on the job. Ship & Cargo Tracking System: BitNautic also deploys an AI (Artificial Intelligence) based state of art ship and cargo tracking system for its users. This feature is specifically designed for ship owners and consumers for booking a cargo, viewing the status and position of the ships in real time. The same tracking facility would be extended to cargo owners as well to see their cargo location in real-time. E-commerce Platform: Here various users can come together and have trade deals. The payment system of this platform is fast, simple and secure which uses global digital currency removing all the barriers and difficulties associated with fiat currency. Shipping and cargo marketplace (SCM): The main goal is to facilitate existing shippers, cargo companies, brokers, and traders to use the BitNautic platform and the payment system easily to market their shipments in the global market. The platform would bring everybody associated on the same table where high market demand can easily be translated into the excess supply. Mobile Application: The BitNautic mobile application would allow booking and tracking features along with detailed reports for all activities by the user. The mobile application would provide real-time detailed reports that would help customers get a better insight which in turn would help in sketching a better picture of the cargo status, resulting in improved customer service. Exclusive deals and discounts: Based on the behavior of the users, the BitNautic platform offers deals which we believe will prove as an important milestone. Special deals would be arranged for retaining customers and meeting all their expectations as an uphill task in each and every market globally.
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bitnautic news

BitNautic: Decentralized Shipping Platform

Introduction

BitNautic, found online at bitnautic.io, is a decentralized marketplace/platform for commodities, where end-consumers, importers/exporters, and manufacturers/producers of goods can trade their products with more ease using the blockchain technology. The goal of the decentralized platform, is “to help everyone, from end-consumers to the ship owners, Shipping companies to the Agents/brokers, small or large courier companies, Manufacturers, Producers(farmers), the traders, and the investors around the world to facilitate their ventures and ease the trading practices by connecting all the continents to one unique platform.”


How BitNautic works?

In traditional shipping ways, the transactions involve a lot of paperwork such as sales contracts, charter-party agreements, bills of lading, port documents, letters of credit and others related to vessel and cargo. All these documents need to pass through a long chain of departments. BitNautic prevails over old traditional shipping ways, which eradicates the need for several contracts to be signed multiple times and hence reduces paperwork. BitNautic also provides services and transportation which is internally boosted by decentralized blockchain technology. Inspired by the way blockchain payment system works, BitNautic proposes a trading platform for commodities where consumers, importers/exporters, ship-owners, service providers and producers of goods will be able to trade their products in the open market and free trade environment. The potential of blockchain within this platform makes it invulnerable to hacks, frauds or viruses making it totally transparent and secure. The BitNautic Decentralized Shipping Platform, takes the product, the manufacturer, the transporter, the consumers and everything else in between, to one surface. The implementation of blockchain technology and smart-contracts makes the process more transparent, secure, effective, less time-consuming and less vulnerable to cyber-attacks. Moreover, it makes the tracking of Orders, shipments, consignments, container or of a ship more accurate and effortless. The AI (artificial intelligence) systems manage and control most of the process to avoid any human errors or inefficiencies. The complicated calculations of estimated delivery time of a shipment, which is otherwise influenced by unpredictable factors like the bills of lading, port documents, letters of credit and others related to vessel and by the weather conditions on the route to be followed by the ship, will be calculated by the AIs. It Solves, the biggest challenges faced by the shipping industry, as one single solution with the implementation of blockchain technology and smart contracts.


Bitnautic ICO

The ICO token BTNT provided by BitNautic is an ERC20 token which will act as a medium to help you be a part of the project. Funds raised via ICO and pre-ICO will mainly be used for the research and development of the platform, in-house trading business, and to purchase ships to be used for the transportations of goods in containers as well as bulk products such as agricultural goods (sugar, corn, rice etc.), minerals and construction materials. The BitNautic ICO will involve the release of 35 Million tokens for crowd sale. The pre-sale for BitNautic starts on 15th March and ends on 30th March, with the main ICO starting on 15th April and ending on 15th June 2018. BitNautic also plans to incorporate a bonus program; the PRE-ICO SALE 2018–03–15 to 2018–03–30 has a Bonus of 30%, The main ICO Start on 2018–04–15 and ends on 2018–06–15 for a period of 8 weeks. (1st Week Bonus = 20%, 2nd Week = 15%, 3rd week= 10%, 4th week = 5% and the rest of the 4 weeks has no bonus).

Pre ICO Starts: Mar 15, 2018
Pre ICO Ends: Mar 30, 2018
Main ICO Starts: Apr 15, 2018
Main ICO Ends: Jun 15, 2018
Token Symbol: BTNT
Token Type: ERC20
ICO Supply: 35 Million
Total Token Supply: 50 Million


Bitnautic Features

It involves the following features as listed below:

Transport System: BitNautic will have a fleet of ships, owned by BitNautic or listed by the ship-owners/ shipping companies on the platform. These ships will mainly cater to the transportation needs of the in-house trading arm of the business. The ship owners can use the platform to make their ships’ opening positions known to charters. BitNautic will use funds raised through the ICO for buying ships capable of carrying the cargos for the in-house trading business in near future. 
Booking system: The user can see the ships available to carry their cargo based on their current location cross-matched with the destination of the cargo. The best matched lowest prices will be given to the user from which they will have the option to choose from multiple packages from different service providers based on specifications- weight, time frame, destination, address, source address. Booking a broker agent for all shipping chores can be executed using the BitNautic booking system.

Brokerage system: A real-time ship brokerage system for ship owners, broker agents, and the courier companies; all possible with the BitNautic platform. The brokerage system of BitNautic will give ship-owners an opportunity to offer the ships which they can avail to get going on the job. 
Ship & Cargo Tracking System: BitNautic also deploys an AI (Artificial Intelligence) based state of art ship and cargo tracking system for its users. This feature is specifically designed for ship owners and consumers for booking a cargo, viewing the status and position of the ships in real time. The same tracking facility would be extended to cargo owners as well to see their cargo location in real-time.

E-commerce Platform: Here various users can come together and have trade deals. The payment system of this platform is fast, simple and secure which uses global digital currency removing all the barriers and difficulties associated with fiat currency.

Shipping and cargo marketplace(SCM): The main goal is to facilitate existing shippers, cargo companies, brokers, and traders to use the BitNautic platform and the payment system easily to market their shipments in the global market. The platform would bring everybody associated on the same table where high market demand can easily be translated into the excess supply.

Mobile Application: The BitNautic mobile application would allow booking and tracking features along with detailed reports for all activities by the user. The mobile application would provide real-time detailed reports that would help customers get a better insight which in turn would help in sketching a better picture of the cargo status, resulting in improved customer service.

Exclusive deals and discounts: Based on the behavior of the users, the BitNautic platform offers deals which we believe will prove as an important milestone. Special deals would be arranged for retaining customers and meeting all their expectations as an uphill task in each and every market globally.

WHITEPAPER

Token Allocation

Crowd Sale (Pre ICO + Main ICO) — 70.0%
Founders — 4%
BitNautic Team — 6%
BitNautic Advisors — 5%
Bounty Program — 5%
Reserve Fund — 10%


Funds Allocation

Ships Purchase — 30%
Admin Operations -7% 
Marketing & Sales — 30%
Research & Development — 20%
Legal Fees — 3%
Exchange Integrations — 10%


Bounty Program

Mainstream Media — 25%
Social Media bounty — 20%
Bitcointalk Bounty — 26%
Blog/ Forums Bounty — 14%
Translation Bounty — 8%
Bug Reporting Bounty — 7%

(If you are interested to participate in bounty program, send your nomination to bounty@bitnautic.io)

Social Media Presence:

WebsiteFacebook | Twitter | Medium | Telegram | Reddit Linkedin

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bitnautic news
Blockchain technology is widely being used by many industries, from financial firms to charities and NGOs also seem to be showing interest in the same. Blockchain technology was once known to work for securing data as it passes through many hands, but now it is slated to change the face of global business, as major shipping companies and chief ports have started trialing its abilities. Blockchain was first launched in 2009 and became renowned for making Bitcoin transactions possible. However, in the recent years, it has expanded beyond cryptocurrency realm, to become compatible with an effective, simple and cyber-secure data sharing platform between businesses and people. Typically, Blockchain technology was initially adopted by financial institutions. Recently, it was reported by Greenwich Associates through a study that the financial sector was expected to invest $1bn in blockchain initiatives and projects. At the start of this year, the Bill & Melinda Gates Foundation announced plans to use blockchain to help the two billion people worldwide who lack bank accounts. According to Midworld Fincorp Ltd., a UK and Swiss-based Shipping and Cargo Company, the Blockchain technology has the potential to save the shipping industry billions of dollars. In the mid-2017, the company announced their new venture ‘BitNautic’ to use blockchain technology to help transform the shipping cargo business and create a global marketplace. In traditional shipping ways, the transactions involve a lot of paperwork such as sales contracts, charter-party agreements, bills of lading, port documents, letters of credit and others related to vessel and cargo. All these documents need to pass through a long chain of departments. BitNautic is a is a decentralized marketplace/platform for goods and commodities, where end-consumers, importers/exporters, and manufacturers/producers of goods can trade their products with more ease using the blockchain technology. BitNautic prevails over old traditional shipping ways, which eradicates the need for several contracts to be signed multiple times and hence reduces paperwork. With the implementation of Blockchain Technology, BitNautic claims all the data to be fully encrypted at rest and in transit, and deployment of state-of-the-art firewalls and backups. Using the basic characteristics of Blockchain, all the data will be distributed and continuously backed up in several high-security access-controlled data centers in different locations. The Bitnautic Decentralized Shipping Platform takes the product, the manufacturer, the transporter, the consumers and everything else in-between, to one surface. The implementation of blockchain technology and smart-contracts makes the process more transparent, secure, effective, less time-consuming and less vulnerable to cyber attacks. Moreover, it makes the tracking of Orders, shipments, consignments, container or of a ship more accurate and effortless. The AI (artificial intelligence) systems manage and control most of the process to avoid any human errors or inefficiencies. The complicated calculations of estimated delivery time of a shipment, which is otherwise influenced by unpredictable factors like the bills of lading, port documents, letters of credit and others related to vessel and by the weather conditions on the route to be followed by the ship, will be calculated by the AIs. It Solves, the biggest challenges faced by the shipping industry, as one single solution with the implementation of blockchain technology and smart contracts.
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bitnautic news
The shipping cargo and logistics industry is facing enormous development; digital transformation, new market players, changing consumer expectations, and further evolving partnerships & business models and the most important factor, the engagement of blockchain technology. From Ship manufacturing to cargo tracks to the future of seafaring, the nautical sector continues to grow in response to financial, political, demographic, and technical trends important to improve the performance of the industry’s capital investment as well as operational efficiency, and hence provide the platform for successful long-term business strategy. The BitNautic white-paper provides a high-level overview of the big-picture of technological advancements that will shape the industry in the coming decade. As learned from the experts at the BitNautic team, the BitNautic business model has the capacity to reshape the way transportation works and touching every aspect of our society. Taking another step towards building a strong BitNautic community around the globe, the team announced a token (BTNT) airdrop for the early members of Bitnautic Telegram Channel and Group. This event will continue for a period of 21 days and a total of 1,25,000 BTNT tokens will be given out. THE AIRDROP CAMPAIGN: For the team building and continuous development of our community, starting on 12th February 2018, at https://bitnautic.io we will begin the process of signups for our Telegram community airdrop. Join our Telegram group — https://t.me/bitnautic-group & Join our Telegram Official Channel — https://t.me/bitnautic OVERVIEW: The Registration process will last for 3 weeks starting from 12th Feb 2018. We plan for the distribution of airdrop tokens around the same time as the release of the rest of the tokens after the Pre-ICO period. We will be air-dropping a total of 1, 25,000 BTNT tokens divided equally to our Telegram community members as a goodwill gesture for joining our community. The number of tokens specified is a good-faith estimate, subjected to change, and we cannot guarantee any amount of tokens to any participants. Community airdrop is open to ALL members of our Telegram community who participate within the 21 days of the registration period. ELIGIBILITY: To be eligible: 1. You should be an active member of our Telegram group and Telegram Channel. An “active member” is the person who is a member of our Telegram community, which is 3 weeks starting from the February 12th, the start date. 2. Fill the airdrop campaign registration Form (https://goo.gl/forms/qywTYlL28JNbQFIO2). 3. You should sign up on bitnautic.io and pass the KYC/AML (Know Your Customer/Anti-MoneyLaundering) test as per the set guidelines of the BitNautic project. This is a simple form that would require your details as an identity proof. The KYC form is located on the dashboard after you sign-up and log-in at the BitNautic official website (https://bitnautic.io) or the Bitnautic Phone App. You should have a valid ERC20 non-exchange Etherium wallet. (Learn more about how to get an Etherium Wallet at our Live Chat support or FAQs section.) ETHEREUM WALLET DETAILS BTNT is an ERC20 compatible token; it can be stored in any standard Ethereum wallet; such as MyEtherWallet (MEW), Metamask, and the official Mist. NOTE: NEVER share your PRIVATE KEYS with anyone. No one from BitNautic Team will ever ask you for this information. CAUTION: The details of this Airdrop Campaign or any other official event will only be released in our Official BitNautic Telegram Channel. Be aware of anyone who private messages you claiming to be from the BitNautic team and asks for your personal information. The ONLY submission process for the airdrop will occur at https:// www.bitnautic.io or the official telegram channel. TOKEN RELEASE: After the airdrop registration is complete, the smart contract will be finalized and audit will begin. The audit takes approximately 2–3 weeks after the registration period. The airdropped tokens will be released when the Public Token distribution occurs from the presale. We make no guarantees about the token release date, we will try to release earlier if possible, and we will delay until later if necessary.
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bitnautic news
If a new business has to be acquired in the shipping sector these days, a few aspects also follow- such as the quality of the whole logistic process (from supplier to end receiver) and the service hence rendered, making information available to the users and also provide flexibility for the same. This determines how the parties control their businesses and also the entire costs of the whole process. It has come to sight by customers that, there is an increasing tendency to exercise control over the logistic process in order to better plan their follow-up actions. When the required information is made directly accessible to customers, they can organize the logistic processes such that there is less time spent en route. This prompts a requirement for a customer portal with an accompanying app. The points discussed above are the contemporary capabilities; later on, there will be even more far-ranging requirements. As a result, technologies like Blockchain and IOT (Internet of things) are proving to bring upgradations to logistic process. It is known very well that the quality of logistic processes should be transparent which a deliberate component of the same. Several high-end private companies have heavily invested in logistics networks, which may also include their own shipping companies and ports. The main reason for this is that these companies are trying to cut costs by avoiding dependency and taking the process fully under their control. As a result, BitNautic introduces the use of Blockchain technology which helps in changing the way logistic processes are managed. Blockchain technology is very much in the news as it is responsible for the introduction of cryptocurrencies. BitNautic, found online at bitnautic.io, is a decentralized marketplace/ platform for commodities, where end-consumers, importers/exporters, and manufacturers /producers of goods can trade their products with more ease using the Blockchain technology. The goal of the decentralized platform, according to the official website, is “to help everyone, from end-consumers to the ship owners, Shipping companies to the Agents/brokers, small or large courier companies, Manufacturers, Producers (farmers), the traders, and the investors around the world to facilitate their ventures and ease the trading practices by connecting all the continents to one unique platform.” BitNautic can provide the following features that one would necessitate in the shipping business: • Transport System: BitNautic has plans to acquire a certain number of ships which will mainly cater to the transportation needs of the in-house trading arm of the business. • AI(Artificial Intelligence) based Booking system: The list of ships available to carry cargo will be made accessible to the user based on the current location. The best matched lowest prices will be given to the user from which they will have the option to choose from multiple packages from different service providers based on specifications- weight, time frame, destination, address, source address. • Brokerage system: A real-time ship brokerage system for ship owners, broker agents, and the courier companies; all possible with the BitNautic platform. The brokerage system of BitNautic will give ship-owners an opportunity to offer the ships which they can avail to get going on the job. • Ship & Cargo Tracking System: An AI (Artificial Intelligence) based ship and cargo tracking system will be provided by BitNautic for its customers which can also be used to view the status and position of ships in real time. • E-commerce Platform: Here a platform for trade deals is provided which is fast, simple and secure, and uses global digital currency removing all the difficulties associated with fiat currency. • Shipping and cargo marketplace (SCM): It provides a common platform for shippers and traders to connect and to ease the transaction process. • Mobile Application: As mentioned above, BitNautic provides a mobile app for booking and tracking purposes as well as providing detailed reports for the same. • Exclusive deals and discounts: Based on the behavior of the users, the BitNautic platform offers deals which we believe will prove as an important milestone. Special deals would be arranged for retaining customers and meeting all their expectations.
Read More
bitnautic news
The Shipping industry is a trillion dollar industry globally. In a certain way, every individual is connected to the Shipping in some or the other way, whether they know it or not. A Shipping order is normally sent along with the shipment of goods so that the person receiving them can check that the document correctly reflects the items that they actually received. Nowadays, a trend has been developing in the shipping industry about the advantages of the blockchain technology. This leads to blockchain having the capability to transform operations, lead to efficiency and profitability. Blockchain assures the promise of transparency and efficiency for global trade transactions. The advantages of blockchain for Shipping: Every step of these takes time and also cost money, either in terms of fee or time. However, such a tangled system is likely to fraud or coincidently miscommunicated. Fraud protection appears since no one is ready to modify or delete any record without the consensus from others within the network. Transparency should be in such a way that each participant includes a digital supply chain ecosystem, should record the progress of goods throughout the chain. It also has the capability of reviewing the status of customs documents and charges incurred, such as port docking fees. Another benefit is that we can analyze the condition of the shipping supply chain in a much easier way and will improve the tamper-resistance and acknowledge the key metrics to be share in real-time. Also, the use of digital ledgers will set up many various parties to accept the terms of premiums in a timely and efficient way. BitNautic: A decentralized shipping platform based on blockchain technology, BitNautic, aims to provide a better fortune and golden opportunity for users and overall shipping industry. It will operate as a marketplace for goods and commodities to trade their products with ease their trading practice all over the globe. The AI (Artificial Intelligence) system is one of the unique features of BitNautic. Besides, it also has a real-time tracking of ships, an e-commerce platform, special deals and exclusive discounts. The blockchain solution utilized by BitNautic is based on Ethereum hard fork along with some improvements in the algorithm for improvements in transaction cost and time. it will also be using smart contracts for various payments on the platform. As the private blockchain system takes a lot of energy and is considerably slow, Bitnautic will be using a private blockchain using Proof of Stake, which will solve the highly complex issues. This system will provide perfect geographic locations which will be proof of work on the Proof of Stake algorithm, that will allow the nodes to be trusted and hence it will select the transactions based upon the trust and ranking. This will clarify major complications in the shipping industry where the complex city is too high. The BitNautic blockchain will be a powerful solution to stop irrelevant nodes in the network. BitNautic will supply through private nodes that guarantee quick and secure transactions.
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bitnautic news
BitNautic, aims to provide a better fortune and golden opportunity to consumers, traders, brokers/agents, ship owners and the overall industry. BitNautic is resolute to encourage an open market and free trade, increase international cooperation, public-private partnerships within the industry, knowledge sharing and bridging the gaps between government regulators and the shipping industry. How BitNautic works? In traditional shipping ways, the transactions involve a lot of paperwork such as sales contracts, charter-party agreements, bills of lading, port documents, letters of credit and others related to vessel and cargo. All these documents need to pass through a long chain of departments. BitNautic prevails over old traditional shipping ways, which eradicates the need for several contracts to be signed multiple times and hence reduces paperwork. BitNautic also provides services and transportation which is internally boosted by decentralized Blockchain Technology. Inspired by the way Blockchain payment system works, BitNautic proposes a trading platform for commodities where consumers, importers/exporters, ship-owners, service providers and producers of goods will be able to trade their products in the open market and free trade environment. The potential of Blockchain within this platform makes it invulnerable to hacks, frauds or viruses making it totally transparent and secure. The Bitnautic Decentralized Shipping Platform, takes the product, the manufacturer, the transporter, the consumers and everything else in-between, to one surface. The implementation of Blockchain Technology and smart-contracts makes the process more transparent, secure, effective, less time-consuming and less vulnerable to cyber attacks. Moreover, it makes the tracking of Orders, shipments, consignments, container or of a ship more accurate and effortless. The AI (artificial intelligence) systems manage and control most of the process to avoid any human errors or inefficiencies. The complicated calculations of estimated delivery time of a shipment, which is otherwise influenced by unpredictable factors like the bills of lading, port documents, letters of credit and others related to vessel and by the weather conditions on the route to be followed by the ship, will be calculated by the AIs. It solves the biggest challenges faced by the shipping industry as one single solution with the implementation of Blockchain Technology and smart contracts. BitNautic ICO: The ICO token BTNT provided by BitNautic is an ERC20 token which will act as a medium to help you be a part of the project. Funds raised via ICO and pre-ICO will mainly be used for the research and development of the platform, in-house trading business, and to purchase ships to be used for the transportations of goods in containers as well as bulk products such as agricultural goods (sugar, corn, rice etc.), minerals and construction materials. The BitNautic ICO will involve the release of 35 Million tokens for crowd sale. The pre-sale for BitNautic starts on 15th March and ends on 30th March, with the main ICO starting on 15th April and ending on 15th June 2018. BitNautic also plans to incorporate a bonus program; the PRE-ICO SALE 2018–03–15 to 2018–03–30 has a Bonus of 30%. The main ICO Start on 2018–04–15 and ends on 2018–06–15 for a period of 8 weeks. ( 1st Week Bonus = 20%, 2nd Week = 15%, 3rd week= 10%, 4th week = 5% and the rest of the 4 weeks has no bonus). Features: It involves the following features as listed below: Transport System: BitNautic will have a fleet of ships, owned by Bitnautic or listed by the ship-owners/ shipping companies on the platform. These ships will mainly cater to the transportation needs of the in-house trading arm of the business. The ship owners can use the platform to make their ships’ opening positions known to charters. BitNautic will use funds raised through the ICO for buying ships capable of carrying the cargos for the in-house trading business in near future. Booking system: The user can see the ships available to carry their cargo based on their current location cross-matched with the destination of the cargo. The best matched lowest prices will be given to the user from which they will have the option to choose from multiple packages from different service providers based on specifications- weight, time frame, destination, address, source address. Booking a broker agent for all shipping chores can be executed using the BitNautic booking system. Brokerage system: A real-time ship brokerage system for ship owners, broker agents, and the courier companies; all possible with the BitNautic platform. The brokerage system of BitNautic will give ship-owners an opportunity to offer the ships which they can avail to get going on the job. Ship & Cargo Tracking System: BitNautic also deploys an AI (Artificial Intelligence) based state of art ship and cargo tracking system for its users. This feature is specifically designed for ship owners and consumers for booking a cargo, viewing the status and position of the ships in real time. The same tracking facility would be extended to cargo owners as well to see their cargo location in real-time. E-commerce Platform: Here various users can come together and have trade deals. The payment system of this platform is fast, simple and secure which uses global digital currency removing all the barriers and difficulties associated with fiat currency. Shipping and cargo marketplace (SCM): The main goal is to facilitate existing shippers, cargo companies, brokers, and traders to use the BitNautic platform and the payment system easily to market their shipments in the global market. The platform would bring everybody associated on the same table where high market demand can easily be translated into the excess supply. Mobile Application: The BitNautic mobile application would allow booking and tracking features along with detailed reports for all activities by the user. The mobile application would provide real-time detailed reports that would help customers get a better insight which in turn would help in sketching a better picture of the cargo status, resulting in improved customer service. Exclusive deals and discounts: Based on the behavior of the users, the BitNautic platform offers deals which we believe will prove as an important milestone. Special deals would be arranged for retaining customers and meeting all their expectations as an uphill task in each and every market globally.
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bitnautic news

BitNautic: Decentralized Shipping Platform

Introduction

BitNautic, found online at bitnautic.io, is a decentralized marketplace/platform for commodities, where end-consumers, importers/exporters, and manufacturers/producers of goods can trade their products with more ease using the blockchain technology. The goal of the decentralized platform, is “to help everyone, from end-consumers to the ship owners, Shipping companies to the Agents/brokers, small or large courier companies, Manufacturers, Producers(farmers), the traders, and the investors around the world to facilitate their ventures and ease the trading practices by connecting all the continents to one unique platform.”


How BitNautic works?

In traditional shipping ways, the transactions involve a lot of paperwork such as sales contracts, charter-party agreements, bills of lading, port documents, letters of credit and others related to vessel and cargo. All these documents need to pass through a long chain of departments. BitNautic prevails over old traditional shipping ways, which eradicates the need for several contracts to be signed multiple times and hence reduces paperwork. BitNautic also provides services and transportation which is internally boosted by decentralized blockchain technology. Inspired by the way blockchain payment system works, BitNautic proposes a trading platform for commodities where consumers, importers/exporters, ship-owners, service providers and producers of goods will be able to trade their products in the open market and free trade environment. The potential of blockchain within this platform makes it invulnerable to hacks, frauds or viruses making it totally transparent and secure. The BitNautic Decentralized Shipping Platform, takes the product, the manufacturer, the transporter, the consumers and everything else in between, to one surface. The implementation of blockchain technology and smart-contracts makes the process more transparent, secure, effective, less time-consuming and less vulnerable to cyber-attacks. Moreover, it makes the tracking of Orders, shipments, consignments, container or of a ship more accurate and effortless. The AI (artificial intelligence) systems manage and control most of the process to avoid any human errors or inefficiencies. The complicated calculations of estimated delivery time of a shipment, which is otherwise influenced by unpredictable factors like the bills of lading, port documents, letters of credit and others related to vessel and by the weather conditions on the route to be followed by the ship, will be calculated by the AIs. It Solves, the biggest challenges faced by the shipping industry, as one single solution with the implementation of blockchain technology and smart contracts.


Bitnautic ICO

The ICO token BTNT provided by BitNautic is an ERC20 token which will act as a medium to help you be a part of the project. Funds raised via ICO and pre-ICO will mainly be used for the research and development of the platform, in-house trading business, and to purchase ships to be used for the transportations of goods in containers as well as bulk products such as agricultural goods (sugar, corn, rice etc.), minerals and construction materials. The BitNautic ICO will involve the release of 35 Million tokens for crowd sale. The pre-sale for BitNautic starts on 15th March and ends on 30th March, with the main ICO starting on 15th April and ending on 15th June 2018. BitNautic also plans to incorporate a bonus program; the PRE-ICO SALE 2018–03–15 to 2018–03–30 has a Bonus of 30%, The main ICO Start on 2018–04–15 and ends on 2018–06–15 for a period of 8 weeks. (1st Week Bonus = 20%, 2nd Week = 15%, 3rd week= 10%, 4th week = 5% and the rest of the 4 weeks has no bonus).

Pre ICO Starts: Mar 15, 2018
Pre ICO Ends: Mar 30, 2018
Main ICO Starts: Apr 15, 2018
Main ICO Ends: Jun 15, 2018
Token Symbol: BTNT
Token Type: ERC20
ICO Supply: 35 Million
Total Token Supply: 50 Million


Bitnautic Features

It involves the following features as listed below:

Transport System: BitNautic will have a fleet of ships, owned by BitNautic or listed by the ship-owners/ shipping companies on the platform. These ships will mainly cater to the transportation needs of the in-house trading arm of the business. The ship owners can use the platform to make their ships’ opening positions known to charters. BitNautic will use funds raised through the ICO for buying ships capable of carrying the cargos for the in-house trading business in near future. 
Booking system: The user can see the ships available to carry their cargo based on their current location cross-matched with the destination of the cargo. The best matched lowest prices will be given to the user from which they will have the option to choose from multiple packages from different service providers based on specifications- weight, time frame, destination, address, source address. Booking a broker agent for all shipping chores can be executed using the BitNautic booking system.

Brokerage system: A real-time ship brokerage system for ship owners, broker agents, and the courier companies; all possible with the BitNautic platform. The brokerage system of BitNautic will give ship-owners an opportunity to offer the ships which they can avail to get going on the job. 
Ship & Cargo Tracking System: BitNautic also deploys an AI (Artificial Intelligence) based state of art ship and cargo tracking system for its users. This feature is specifically designed for ship owners and consumers for booking a cargo, viewing the status and position of the ships in real time. The same tracking facility would be extended to cargo owners as well to see their cargo location in real-time.

E-commerce Platform: Here various users can come together and have trade deals. The payment system of this platform is fast, simple and secure which uses global digital currency removing all the barriers and difficulties associated with fiat currency.

Shipping and cargo marketplace(SCM): The main goal is to facilitate existing shippers, cargo companies, brokers, and traders to use the BitNautic platform and the payment system easily to market their shipments in the global market. The platform would bring everybody associated on the same table where high market demand can easily be translated into the excess supply.

Mobile Application: The BitNautic mobile application would allow booking and tracking features along with detailed reports for all activities by the user. The mobile application would provide real-time detailed reports that would help customers get a better insight which in turn would help in sketching a better picture of the cargo status, resulting in improved customer service.

Exclusive deals and discounts: Based on the behavior of the users, the BitNautic platform offers deals which we believe will prove as an important milestone. Special deals would be arranged for retaining customers and meeting all their expectations as an uphill task in each and every market globally.

WHITEPAPER

Token Allocation

Crowd Sale (Pre ICO + Main ICO) — 70.0%
Founders — 4%
BitNautic Team — 6%
BitNautic Advisors — 5%
Bounty Program — 5%
Reserve Fund — 10%


Funds Allocation

Ships Purchase — 30%
Admin Operations -7% 
Marketing & Sales — 30%
Research & Development — 20%
Legal Fees — 3%
Exchange Integrations — 10%


Bounty Program

Mainstream Media — 25%
Social Media bounty — 20%
Bitcointalk Bounty — 26%
Blog/ Forums Bounty — 14%
Translation Bounty — 8%
Bug Reporting Bounty — 7%

(If you are interested to participate in bounty program, send your nomination to bounty@bitnautic.io)

Social Media Presence:

WebsiteFacebook | Twitter | Medium | Telegram | Reddit Linkedin

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bitnautic news
Blockchain technology is widely being used by many industries, from financial firms to charities and NGOs also seem to be showing interest in the same. Blockchain technology was once known to work for securing data as it passes through many hands, but now it is slated to change the face of global business, as major shipping companies and chief ports have started trialing its abilities. Blockchain was first launched in 2009 and became renowned for making Bitcoin transactions possible. However, in the recent years, it has expanded beyond cryptocurrency realm, to become compatible with an effective, simple and cyber-secure data sharing platform between businesses and people. Typically, Blockchain technology was initially adopted by financial institutions. Recently, it was reported by Greenwich Associates through a study that the financial sector was expected to invest $1bn in blockchain initiatives and projects. At the start of this year, the Bill & Melinda Gates Foundation announced plans to use blockchain to help the two billion people worldwide who lack bank accounts. According to Midworld Fincorp Ltd., a UK and Swiss-based Shipping and Cargo Company, the Blockchain technology has the potential to save the shipping industry billions of dollars. In the mid-2017, the company announced their new venture ‘BitNautic’ to use blockchain technology to help transform the shipping cargo business and create a global marketplace. In traditional shipping ways, the transactions involve a lot of paperwork such as sales contracts, charter-party agreements, bills of lading, port documents, letters of credit and others related to vessel and cargo. All these documents need to pass through a long chain of departments. BitNautic is a is a decentralized marketplace/platform for goods and commodities, where end-consumers, importers/exporters, and manufacturers/producers of goods can trade their products with more ease using the blockchain technology. BitNautic prevails over old traditional shipping ways, which eradicates the need for several contracts to be signed multiple times and hence reduces paperwork. With the implementation of Blockchain Technology, BitNautic claims all the data to be fully encrypted at rest and in transit, and deployment of state-of-the-art firewalls and backups. Using the basic characteristics of Blockchain, all the data will be distributed and continuously backed up in several high-security access-controlled data centers in different locations. The Bitnautic Decentralized Shipping Platform takes the product, the manufacturer, the transporter, the consumers and everything else in-between, to one surface. The implementation of blockchain technology and smart-contracts makes the process more transparent, secure, effective, less time-consuming and less vulnerable to cyber attacks. Moreover, it makes the tracking of Orders, shipments, consignments, container or of a ship more accurate and effortless. The AI (artificial intelligence) systems manage and control most of the process to avoid any human errors or inefficiencies. The complicated calculations of estimated delivery time of a shipment, which is otherwise influenced by unpredictable factors like the bills of lading, port documents, letters of credit and others related to vessel and by the weather conditions on the route to be followed by the ship, will be calculated by the AIs. It Solves, the biggest challenges faced by the shipping industry, as one single solution with the implementation of blockchain technology and smart contracts.
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bitnautic news
The shipping cargo and logistics industry is facing enormous development; digital transformation, new market players, changing consumer expectations, and further evolving partnerships & business models and the most important factor, the engagement of blockchain technology. From Ship manufacturing to cargo tracks to the future of seafaring, the nautical sector continues to grow in response to financial, political, demographic, and technical trends important to improve the performance of the industry’s capital investment as well as operational efficiency, and hence provide the platform for successful long-term business strategy. The BitNautic white-paper provides a high-level overview of the big-picture of technological advancements that will shape the industry in the coming decade. As learned from the experts at the BitNautic team, the BitNautic business model has the capacity to reshape the way transportation works and touching every aspect of our society. Taking another step towards building a strong BitNautic community around the globe, the team announced a token (BTNT) airdrop for the early members of Bitnautic Telegram Channel and Group. This event will continue for a period of 21 days and a total of 1,25,000 BTNT tokens will be given out. THE AIRDROP CAMPAIGN: For the team building and continuous development of our community, starting on 12th February 2018, at https://bitnautic.io we will begin the process of signups for our Telegram community airdrop. Join our Telegram group — https://t.me/bitnautic-group & Join our Telegram Official Channel — https://t.me/bitnautic OVERVIEW: The Registration process will last for 3 weeks starting from 12th Feb 2018. We plan for the distribution of airdrop tokens around the same time as the release of the rest of the tokens after the Pre-ICO period. We will be air-dropping a total of 1, 25,000 BTNT tokens divided equally to our Telegram community members as a goodwill gesture for joining our community. The number of tokens specified is a good-faith estimate, subjected to change, and we cannot guarantee any amount of tokens to any participants. Community airdrop is open to ALL members of our Telegram community who participate within the 21 days of the registration period. ELIGIBILITY: To be eligible: 1. You should be an active member of our Telegram group and Telegram Channel. An “active member” is the person who is a member of our Telegram community, which is 3 weeks starting from the February 12th, the start date. 2. Fill the airdrop campaign registration Form (https://goo.gl/forms/qywTYlL28JNbQFIO2). 3. You should sign up on bitnautic.io and pass the KYC/AML (Know Your Customer/Anti-MoneyLaundering) test as per the set guidelines of the BitNautic project. This is a simple form that would require your details as an identity proof. The KYC form is located on the dashboard after you sign-up and log-in at the BitNautic official website (https://bitnautic.io) or the Bitnautic Phone App. You should have a valid ERC20 non-exchange Etherium wallet. (Learn more about how to get an Etherium Wallet at our Live Chat support or FAQs section.) ETHEREUM WALLET DETAILS BTNT is an ERC20 compatible token; it can be stored in any standard Ethereum wallet; such as MyEtherWallet (MEW), Metamask, and the official Mist. NOTE: NEVER share your PRIVATE KEYS with anyone. No one from BitNautic Team will ever ask you for this information. CAUTION: The details of this Airdrop Campaign or any other official event will only be released in our Official BitNautic Telegram Channel. Be aware of anyone who private messages you claiming to be from the BitNautic team and asks for your personal information. The ONLY submission process for the airdrop will occur at https:// www.bitnautic.io or the official telegram channel. TOKEN RELEASE: After the airdrop registration is complete, the smart contract will be finalized and audit will begin. The audit takes approximately 2–3 weeks after the registration period. The airdropped tokens will be released when the Public Token distribution occurs from the presale. We make no guarantees about the token release date, we will try to release earlier if possible, and we will delay until later if necessary.
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If a new business has to be acquired in the shipping sector these days, a few aspects also follow- such as the quality of the whole logistic process (from supplier to end receiver) and the service hence rendered, making information available to the users and also provide flexibility for the same. This determines how the parties control their businesses and also the entire costs of the whole process. It has come to sight by customers that, there is an increasing tendency to exercise control over the logistic process in order to better plan their follow-up actions. When the required information is made directly accessible to customers, they can organize the logistic processes such that there is less time spent en route. This prompts a requirement for a customer portal with an accompanying app. The points discussed above are the contemporary capabilities; later on, there will be even more far-ranging requirements. As a result, technologies like Blockchain and IOT (Internet of things) are proving to bring upgradations to logistic process. It is known very well that the quality of logistic processes should be transparent which a deliberate component of the same. Several high-end private companies have heavily invested in logistics networks, which may also include their own shipping companies and ports. The main reason for this is that these companies are trying to cut costs by avoiding dependency and taking the process fully under their control. As a result, BitNautic introduces the use of Blockchain technology which helps in changing the way logistic processes are managed. Blockchain technology is very much in the news as it is responsible for the introduction of cryptocurrencies. BitNautic, found online at bitnautic.io, is a decentralized marketplace/ platform for commodities, where end-consumers, importers/exporters, and manufacturers /producers of goods can trade their products with more ease using the Blockchain technology. The goal of the decentralized platform, according to the official website, is “to help everyone, from end-consumers to the ship owners, Shipping companies to the Agents/brokers, small or large courier companies, Manufacturers, Producers (farmers), the traders, and the investors around the world to facilitate their ventures and ease the trading practices by connecting all the continents to one unique platform.” BitNautic can provide the following features that one would necessitate in the shipping business: • Transport System: BitNautic has plans to acquire a certain number of ships which will mainly cater to the transportation needs of the in-house trading arm of the business. • AI(Artificial Intelligence) based Booking system: The list of ships available to carry cargo will be made accessible to the user based on the current location. The best matched lowest prices will be given to the user from which they will have the option to choose from multiple packages from different service providers based on specifications- weight, time frame, destination, address, source address. • Brokerage system: A real-time ship brokerage system for ship owners, broker agents, and the courier companies; all possible with the BitNautic platform. The brokerage system of BitNautic will give ship-owners an opportunity to offer the ships which they can avail to get going on the job. • Ship & Cargo Tracking System: An AI (Artificial Intelligence) based ship and cargo tracking system will be provided by BitNautic for its customers which can also be used to view the status and position of ships in real time. • E-commerce Platform: Here a platform for trade deals is provided which is fast, simple and secure, and uses global digital currency removing all the difficulties associated with fiat currency. • Shipping and cargo marketplace (SCM): It provides a common platform for shippers and traders to connect and to ease the transaction process. • Mobile Application: As mentioned above, BitNautic provides a mobile app for booking and tracking purposes as well as providing detailed reports for the same. • Exclusive deals and discounts: Based on the behavior of the users, the BitNautic platform offers deals which we believe will prove as an important milestone. Special deals would be arranged for retaining customers and meeting all their expectations.
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bitnautic news
The Shipping industry is a trillion dollar industry globally. In a certain way, every individual is connected to the Shipping in some or the other way, whether they know it or not. A Shipping order is normally sent along with the shipment of goods so that the person receiving them can check that the document correctly reflects the items that they actually received. Nowadays, a trend has been developing in the shipping industry about the advantages of the blockchain technology. This leads to blockchain having the capability to transform operations, lead to efficiency and profitability. Blockchain assures the promise of transparency and efficiency for global trade transactions. The advantages of blockchain for Shipping: Every step of these takes time and also cost money, either in terms of fee or time. However, such a tangled system is likely to fraud or coincidently miscommunicated. Fraud protection appears since no one is ready to modify or delete any record without the consensus from others within the network. Transparency should be in such a way that each participant includes a digital supply chain ecosystem, should record the progress of goods throughout the chain. It also has the capability of reviewing the status of customs documents and charges incurred, such as port docking fees. Another benefit is that we can analyze the condition of the shipping supply chain in a much easier way and will improve the tamper-resistance and acknowledge the key metrics to be share in real-time. Also, the use of digital ledgers will set up many various parties to accept the terms of premiums in a timely and efficient way. BitNautic: A decentralized shipping platform based on blockchain technology, BitNautic, aims to provide a better fortune and golden opportunity for users and overall shipping industry. It will operate as a marketplace for goods and commodities to trade their products with ease their trading practice all over the globe. The AI (Artificial Intelligence) system is one of the unique features of BitNautic. Besides, it also has a real-time tracking of ships, an e-commerce platform, special deals and exclusive discounts. The blockchain solution utilized by BitNautic is based on Ethereum hard fork along with some improvements in the algorithm for improvements in transaction cost and time. it will also be using smart contracts for various payments on the platform. As the private blockchain system takes a lot of energy and is considerably slow, Bitnautic will be using a private blockchain using Proof of Stake, which will solve the highly complex issues. This system will provide perfect geographic locations which will be proof of work on the Proof of Stake algorithm, that will allow the nodes to be trusted and hence it will select the transactions based upon the trust and ranking. This will clarify major complications in the shipping industry where the complex city is too high. The BitNautic blockchain will be a powerful solution to stop irrelevant nodes in the network. BitNautic will supply through private nodes that guarantee quick and secure transactions.
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Bounty Program


(100% Total Bounty)

25%
Mainstream Media
20%
Social Media Bounty
26%
Signature Bounty
14%
Blog/Forums Bounty
8%
Translation Bounty
7%
Bug Reporting Bounty

FAQ

You will need to create an account on BitNautic. You will be able to buy Tokens(BTNT) in the Member Dashboard using multiple payment methods: BTC, ETH, LTC, and DASH.
No! Do NOT send Ether from any exchange wallet as you may not be able to receive your tokens.
BTNT is an ERC20 standard token, so it can be stored in many different Ethereum based wallets. We recommend using MyEtherWallet, Mist, or MetaMask.
If the minimum goal is not met, refunds will be issued via the smart-contract.
Yes, (2.5 Millions) BTNT have been allocated to our bounty campaign.

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