Decentralized Global P2P Logistics Platform
- ICO start: 1. Jun 2018
- ICO end: 15. Jul 2018
Technology: Ethereum blockchain
Dafzo ICO Short Review
Universal decentralized Global P2P Logistics Platform with end to end solution for International Trade finance & logistics. Dafzo doesn’t only offer a unique proposition of better analytics, early detection of fraud and performance of logistics but offer collateral-free trade finance and remove intermediates like financial institution by giving control in hands of buyer and seller. Logistics Industry handles a pile of data and that is currently handled in the old-fashioned, centralized way, and requires unreasonable staff overage. Logistics Industry operates in different locations i.e. different jurisdictions, handling a single supply chain for a single product could pose a nightmare for a beginner, and a serious pain in the stem for even a seasoned logistics expert. Due to a centralized system, it’s not possible for logistics companies to track record of every movement of their transportation and connect with the receiver at the same time for delivery. Due to this gap receiver often slip window time for its delivery that causes inconvenience, delay of delivery and additional cost to logistics companies for re-delivery of the consignment. Even today logistics companies are struggling with innovate methods for express delivery and 24 x7 support for pick up and drop.Last But most important, currently International sales i.e. import and export are done in the traditional method import and export are done in traditional method via the centralized banking system. That involves a substantial high fee, a complex method of handling Bills of lading & Letter of credit, other paperwork resulting in delay payment and possession of goods.