Freight can be complicated. It shouldn’t be.
ShipChain is making transport and logistics more effective, secure and transparent.
UNDERSTANDING TRANSPORT AND LOGISTICS
The logistics industry is the lifeblood of the global economy. Moving products from one place to another is the figurative backbone that supports our entire modern civilization. To understand the scale of this market, here are some quick industry facts and figures:
Today, more than 90% of all goods in global trade are transported by the shipping industry.
The movement of commodities and goods impacts daily life for people around the world at an enormous scale:
1) The market’s global value was $8.1 trillion in 2015, and is expected to grow to $15.5 trillion by 2023(1), making it one of the largest industries on the planet.
2) 55 billion tons of freight was transported in 2015, with expected growth to 92 billion tons by 2024.
3) In the United States, freight and logistics spend in 2015 totaled $1.48 trillion, nearly 10% of the country’s GDP (2).
INTELLIGENT. DECENTRALIZED. SECURE
ShipChain was founded with the mission of solving the greatest problems facing the logistics industry today. Our solution requires deep technology, but our vision is quite simple. Imagine a fully integrated system across the entire supply chain – from the moment it leaves the factory, to delivering the finished product to the customer’s doorstep – federated in trustless, transparent blockchain contracts. This is ShipChain, the future of shipping.
ShipChain Team and Advisory board includes some of the most iconic names in venture capital, business, entrepreneurship and freight & logistics.