BitNautic : BLOCKCHAIN PLATFORM FOR THE SHIPPING INDUSTRY

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BitNautic : BLOCKCHAIN PLATFORM FOR THE SHIPPING INDUSTRY
![beg.PNG](https://cdn.steemitimages.com/DQmeTk36S9tjKops1uRo8rq6Xsy3g8QSVLgwHgR4Jtsksrf/beg.PNG)

BitNautic is a decentralized platform, based on the Ethereum Blockchain, for matching demand and supply of shipping services, for all the industry stakeholders: producers of goods, ship owners, charterers, brokers, importers and exporters. BitNautic is a platform designed to provide a better fortune and golden opportunities to the customers, traders, brokers, agents, ship owners etc. It works as a marketplace for goods and commodities, where importers, exporters, final consumers and producers of goods and services will be able to trade their products and ease their trading activities all over the world.

**WHY BitNautic?**
- Global : Ship Owners, all over the world, can list their Ships and update the positions. Cargo Owners, in a similar way, can list their cargos, with detailed requirements. All users are able to follow the actual conditions of the world freight market, with real-time positions at any port of the world.

- Reliable : Shippers and Carriers benefit from a Reliable booking system based on effective digital contracts, backed by the Blockchain.

- Secure : Contact information, ship name, and private data about assets are only available to the respective owners. BitNautic users decides when and with whom to share valuable information.

- Easy to Use : Shippers just enter cargo origin and destination, ship dates and equipment type, then instantly receive binding offers directly from carriers along with service performance and all the details they need to make an informed decision. Ship Owners just enter the Ship location and date, then instantly receive leads on matching cargos.

- Transparent : Public data representing the asset and contracts are stored in the blockchain, accessible and auditable to all the parties, provided they have the required privileges.

- Inexpensive : No markup from BitNautic. No middleman. Just a Transparent Platform fee, paid by Ship Owners/Carriers, to make the connection and manage the contract execution.

**BitNautic Platform**

![plat.PNG](https://cdn.steemitimages.com/DQmZonDwEP8Df1Wz4v5rP8YatxvnQYM8eEzHbmvyAvXkqNY/plat.PNG)

- Cargo Booking : With BitNautic's Cargo Booking System, shippers from any country, will be able to see the ships that are available to carry their cargo, based on cargo location and cross-matched with the destination.

- Ship Brokerage System : BitNautic will offer a real-time ship brokerage system that allows carriers and ship owners to list ships, update their location, and thus to get shipping leads and find new customers.

- Escrow Services : When a Buyer initializes an escrow transaction, his BTNT tokens are locked in the smart contract. Once the Buyer confirms the Seller's obligations are fulfilled, he can release funds to the Seller.

- Wholesale E-commerce : BitNautic offers to his users the possibility to advertise and trade wholesale goods. Producers will have the opportunity to directly list and sell their products, in association with their specific place of loading, cutting out several middlemen, increasing their revenues and offering business opportunities to international traders.

- Tracking System : BitNautic will provide a state of the art ship and cargo tracking system for its customers. A customer will be able to see the status, the position of his ships and other specific details in real time. BitNautic uses the tracking system to transport goods quickly and efficiently by keeping track of every ship.

**How BitNautic Platform Work**
Users would access the platform using a mobile app. Carriers, such as ship owners, will be able to list their ships with locations and other relevant data on the platform and receive freight quotations from agents and shippers. Similarly, users who require shipping will be able to post their cargo, its current location and its intended destination. They could then search for available ships and make the arrangements they want. Both shippers and carriers would have the option of hiring agents on the platform to handle all of their activities there. It will also be possible for merchants to list their products on the platform, letting users order goods and then their delivery on the same platform.
BitNautic plans to make full use of its technological base, which includes not only the blockchain on which all information will be stored but also a specialised AI. The system can match ships to cargo based on the information provided and make the appropriate suggestions. Also, if carriers post their unused capacity, the system will look for opportunities to add smaller shipments there. The AI would also used to let both parties track ships and cargo in real time.

![ORK.PNG](https://cdn.steemitimages.com/DQmWHcX53NBVZG3Kjkuf7XiAhKLUPAodQs5wc2soEpn8tw2/ORK.PNG)

All transactions are carried out using smart contracts enabled by BTNT tokens, which will also used to pay assorted platform fees. Other cryptocurrencies can be used for the transactions themselves, however. Payments (whether for transport or for products) can be made by means of an escrow service that would automatically reward the seller once the buyer confirms that the delivery has been made. BitNautic can intervene in the event of a dispute and decide who should receive the funds.

**BITNAUTIC Token**
BTNT Token, an ERC20 token, will be issued to create a decentralized shipping and cargo platform built on top of Ethereum blockchain and wholesale e-commerce platform based on the Ethereum blockchain and smart contracts for trading goods and services. BTNT is designed to facilitate efficient transactions of a wide range of services on BitNautic platform, whilst also operating as a medium of exchange and a store of value that could become more valuable in line with the growth of users and increasing use of the platform.
Using dedicated token (BTNT) to facilitate transactions in the BitNautic (BTNT) Ecosystem provides many advantages, including :
- it can be used across any number of jurisdictions, retaining a single uniform method of settlement; 
- using a blockchain based token makes it possible to perform settlements automatically and irrefutably within smart contracts; 
- it makes it possible to manage incentives in a way that drives Ecosystem effects for the benefit of all participants in the BitNautic (BTNT) Ecosystem.

Token Detail
Token Symbol : BTNT
Token Type : ERC20
Total Token Supply : 50,000,000 BTNT
Initial Distribution : 35,000,000 BTNT
Accepted Currency : ETH
Exchange Rate : 1 ETH = 500 BTNT
Soft Cap : 2,500,000 BTNT SOLD
Hard Cap : 25,000,000 BTNT SOLD
Pre-ICO Starts : May 1, 2018
Pre-ICO Ends : May 31, 2018
ICO Phase 1 Starts : June 1, 2018
ICO Phase 1 Ends : July 4, 2018
ICO Phase 2 Starts : July 11, 2018
ICO Phase 2 Ends : September 15, 2018

**Token Allocation**

![allo.PNG](https://cdn.steemitimages.com/DQmTrwnyoeAhUYZSny93vSxRwbYwp9n26Pek3pDHgu5Mc1D/allo.PNG)

**RoadMap**

![r3.PNG](https://cdn.steemitimages.com/DQmZZpgdy5v3ZfnwoCnACGDs25WvtoJQ8xzugMN8YXZJ2Sp/r3.PNG)

**Team**

![TEAM.PNG](https://cdn.steemitimages.com/DQmaUBPMngyMkvRhvqVWfAGKt4r7fCDuxDY4R4iEn1AuWda/TEAM.PNG)


For more information about this project visit :
- Website: https://bitnautic.io/
- WhitePaper : https://bitnauticcdn-bb3d.kxcdn.com/public/white-paper-en.pdf
- ANN : https://bitcointalk.org/index.php?topic=2897114
- Telegram : https://t.me/bitnautic_group
- Facebook : https://www.facebook.com/bitnautic/
- Twitter : https://twitter.com/BitNautic

Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2038051
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