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Blockchain technology will improve the quality of what you eat. Food for thought?

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Over recent years we have seen a consorted push by consumers around the world actively pursuing a healthier lifestyle. This has provoked a sharp increase in global demand for luxury foods being shipped from exotic lands to your dinner table. It remains absolutely imperative for industries to retain freshness and quality as produce transits from origin to the consumer. Cold chain logistics is the management and transportation of products from source to final destination. This is catered for in a temperature sensitive supply network which involves an undisturbed series of refrigerated production, distribution, and storage exertion. The industry divides into two major sectors; food and bio-pharmaceutical. Just last year alone, $35 billion USD of third-party logistics revenue was procured across the food and global healthcare market combined.

Perishable product transporters conduct in a progressively robust compliance territory. Governments and organizations around the globe are striving to safeguard consumers from the risks of contaminated, corrupted and counterfeit goods. After all, we want our food products to be as fresh as possible and our medication to maintain full potency and vitality. The transportation of medicinal goods has become a catalyst in the mail order pharmaceutical sales industry becoming the largest sector currently thriving in the medicinal marketing enterprise. It is imperative that pharmaceutical products are kept within their safe working tolerances. Any breach in the cold chain can result in environmental fluctuations of freezing and defrosting and can be caused by external influences such as malicious handling. These factors can significantly diminish or even desolate the potency of immunizations. The required temperature range should be adhered to, from the time of fabrication until the item is delivered and administered to patients. The World Health Organization estimates that 40 % of vaccines degrade due to deviations in temperature occurring during transportation, reducing effectiveness and ultimately compromises patient protection.

Smart Containers are combining cutting-edge container technology, blockchain technology, and IoT sensor integration upgrade the logistics ecosystem. Ensuring product sustainability during transport within the Food and Pharmaceutical industry worldwide.

Smart Containers Group are creating an ecosystem to establish the preservation, purity, and incorruptibility required for the cold chain industry. Globalization, tightening regulation, and changing consumer demand progresses to change the logistics and the technology involved. Heralding from Crypto valley in Switzerland, Smart Containers Group have been fully operational since 2013. Over the last five years, they have been refining cutting-edge high-tech container technology for the Food and Pharmaceutical industries. Smart Containers Group is a majority shareholder of SkyCell, which caters for the pharmaceutical sector and are also a majority shareholder of FoodGuardians, an application sustaining the Food sector. Both of which play a pivotal role in safeguarding the temperature sensitive logistics industry.

The introduction of blockchain technology will enable an efficient and organized ecosystem. Capable of tracking and recording the position, temperature and humidity conditions inside every container in transit around the globe. Each container is fitted with an infrastructure of sensors and gateways to stream relevant data back to logistic hubs, which are overseeing operations. Not only does it create an efficient method for autonomous transportation of pharmaceutical or food produce, it also eradicates an abundance of paperwork. By creating the logistic hub which stores data directly onto the blockchain, it provides indisputable evidence for all involved. This ecosystem is known as the LOGI chain. Every logistical unit has its own data chip which can collect data and store it on the blockchain to be made available at minimal cost to every user/consumer. Businesses using the LOGI chain have the option to choose where they store their data based on data sensitivity. Communal information is stored on the Ethereum blockchain to be publicly accessible and sensitive information can be stored on a private blockchain such as Fabric.

Over the last five years, Skycell has become the fourth largest player in temperature-sensitive pharma logistics. Their service offers the safest cold storage transport solution on the market with less than 0.1% temperature deviations recorded last year, whilst the rest of the market averaged at 8.5%. Hitting impressive figures like this and providing consistent reliability has seen them acquire impressive partnerships with Emirates and Cargolux. 

FoodGuardians have established the next generation of reusable containers for regional and global temperature sensitive food transportation. A strategic combination of patented cooling technology, improved insulating techniques and a solid blockchain infrastructure has created a new benchmark to preserve a product’s freshness and traceability.

Smart Containers Group have created two separate tokens to facilitate their operations. The SMARC token is a profit share token which is used as a method of distributing profits and dividends to their token holders. Their second token is called the LOGI token, which is the fuel used within the ecosystem. Both coins provide value to the investor in their own unique ways. Whilst the SMARC token gives it’s holders a 20% share in the company profits, the LOGI coin has a lower circulating supply and will be used excessively in the ecosystem.

Smart Containers have scheduled a token sale for the SMARC token

When – Scheduled for May 2018. Exact dates still to be announced

Token – SMARC

Price – The price of a SMARC at TGE is fixed at $0.432 USD

Supply – A total initial supply of 150 million will be created, with 120 million (80%) offered in the token sale

Platform – Ethereum

Accepting – ETH, BTC, EUR, USD, CHF

Hard cap – $36 million USD

A link to the Smart Containers whitepaper

Where to participate in the Smart Containers token sale

Smart Containers have scheduled a token sale for the LOGI token

When – Scheduled for May 2018. Exact dates still to be announced

Token – LOGI

Price – The price of a LOGI at TGE is fixed at $0.285 USD

Supply – A total initial supply of 100 million LOGI tokens will be created, with 20 million (20%) offered in the token sale

Platform – Ethereum

Accepting – ETH, BTC, EUR, USD, CHF

Hard cap – $4 million USD

A link to the Smart Containers whitepaper

Where to participate in the Smart Containers token sale

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Blogs

How Can Foreigners Get Loans in Singapore

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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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