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TMX Blockchain Logistics is a decentralized protocol that uses smart contracts based on Blockchain technologies and solves the problems of both local and international logistics in a much more scaled way.
Using a convenient interface, an importer/customer can find the best online stores from the thousands of options and then choose a suitable freight forwarder to coordinate the cargo shipping.
TMX Blockchain Logistics objective is to reduce costs and increase shipping efficiency by integrating information about shipments onto a secure platform accessible to shippers, carriers, freight forwarders and others in the supply chain.
HyperLocal Logisitics
The Pains of E-commerce
The largest barriers to setting up an e-commerce shop are:
1) The logistical challenges of getting deliveries on time
2) The negative perception of fraud.
TMX Blockchain Hyperlocal Solution
TMX Blockchain Hyperlocal aims to integrate [the] neighbourhood retailers, under one mobile application, which the customer can order from via the mobile app, pay instantly and ask for an instant and immediate delivery.
Why Use TMX Blockchain Hyperlocal Platform?
● Offers more viable and logical options for cash in hand payment at the point of delivery.
● Increases the potential customer base and provides more comfort over fraud issues.
● From the customers’ point of view, it provides a more diverse range of options from which to choose a purchase.
● Faster delivery + easier returns- The delivery can be fulfilled quicker and presents less barriers to return the product.
● Quicker Reach
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https://tmxglobalcoin.com/ In shipping and logistics industry the traditional Bill of Landing systems are paper based and highly susceptible to fraud and inefficiencies. BOL is a pivotal document in shipping for both consigner and consignee. TMX Blockchain Logistics Protocol digitizes the BOL on a Blockchain and terms of shipping contract can be executed in code based on real-time data provided by the Freight Forwarder coordinating the supply chain.
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Blockchain is a buzzword that everybody uses but few truly understand. Basically, it's a technology of decentralized, constantly growing list of records (i.e. blocks) linked to each other and secured using cryptography. Blockchain architecture is secure by design, meaning that data recorded in the block can’t be changed retroactively without changing all subsequent blocks, which in practice is nearly impossible. Everyone knows the most popular implementation of this technology - Bitcoin, but Blockchain can be used in much more tasks, where permanent, transparent public ledger system is needed, like Public Registry, Property Registry, Finance or Supply Chain.
The TMX Blockchain Logistics Protocol connects producers, suppliers, importers, freight forwarders as well as other involved parties in a wellbalanced ecosystem based on trust and frictionless interactions, offering tools for seamless exchange of documents, saving them time and money. This in turn, will give them an unmatched level of security, transparency and traceability–the logistics industry’s major pain points and problems.
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Blockchain is a buzzword that everybody uses but few truly understand. Basically, it's a technology of decentralized, constantly growing list of records (i.e. blocks) linked to each other and secured using cryptography. Blockchain architecture is secure by design, meaning that data recorded in the block can’t be changed retroactively without changing all subsequent blocks, which in practice is nearly impossible. Everyone knows the most popular implementation of this technology - Bitcoin, but Blockchain can be used in much more tasks, where permanent, transparent public ledger system is needed, like Public Registry, Property Registry, Finance or Supply Chain.
The TMX Blockchain Logistics Protocol connects producers, suppliers, importers, freight forwarders as well as other involved parties in a wellbalanced ecosystem based on trust and frictionless interactions, offering tools for seamless exchange of documents, saving them time and money. This in turn, will give them an unmatched level of security, transparency and traceability–the logistics industry’s major pain points and problems.
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