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An Overview On How The Shipping Industry Will Be Influenced By BitNautic

An Overview On How The Shipping Industry Will Be Influenced By BitNautic

  • May 16, 2018

In this rapidly changing world of technology, it is no wonder that the way the world is run has also through quite a lot of changes. Logistics, freight they have become some of the important pillars upon which the shipping industry stands. The shipping industries in continents like North America, Europe, Asia, Africa, Europe are amongst those that would increasingly grow dependent on the international supply for various services and goods. However, the present situation is not exactly compatible for the growth. This is so because the current infrastructure is almost always subjected to fraudulent activities and a lot of inefficiencies.

BitNautic in Shipping Industry

BitNautic

It is thus in these dire times that shipping industries are falling back on BitNautic which is a shipping platform that is also known as DIPSI. The platform is based on blockchain technology which is currently striving to provide more possibilities to Ship Brokers, Ship Owners, traders and agents. Basically, the entire shipping industry will stand to benefit with this platform that also doubles up as a marketplace where traders, importers and exporters can practise their trade and offer their services and products to end consumers from all over the world. The reason why BitNautic has been so popular is because it has the ability to bring together cargo from land, air and from vessels that in turn would transform the processes of transportation as a whole. Regardless of whether it is a small or a large ship broker company in Norway or any other circuit, BitNautic serves to provide a complete experience for all.

Blockchain Technology

Blockchain technology is a digitised public ledger of every cryptocurrency dealings. The ledger is constantly updated as new transactions keep getting added in a chronological manner, allowing members of the market to keep a track of the digital transactions.

The advantages of using blockchain technology are plenty and some of them are listed below:

  1. Blockchain remarkably increases the overall transparency, making it easier to track the transactions that are made digitally. Loads and basic information of compliance are changed though clarity with the other carriers.
  2. Shippers can also gauge the capacity, the expenses and the approximate delivery time of a shipment before taking the final decision. Pricing can also be subjected to the constant adjustments as carriers are able to frequently post information about the capacity of the vessels.
  3. It is claimed by the experts of the shipping industry that the blockchain technology will be able to support the growth of the industry in the next few years.

Who Is The Target Audience?

It is necessary to identify and analyse the audience for whom a developing concept like BitNautic has been created and the benefits that they would be availing. Take a look:

  • End Consumers
    They can go through the prices of a lot of service providers, track a shipment in the real time, book shipments and transact overseas at highly competitive rates.
  • Owners Of The Ships
    Ship owners can register their vessels, procure more business as well as can easily contact agents and consumers.
  • Brokers
    Ship brokers can also gain from the BitNautic platform as they would be able to communicate exporters, importers, producers, manufacturers as well as courier services.

Norwegian Ship Sales AS, ship brokers in the Norwegian circuit are touted amongst the very best for their vast inventory of ferries and ships for sale that they have listed. Go through the inventory or contact them at the earliest if you are looking to make a sound investment.

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