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President Kim, Seoul
Benefits of logistics in blockchain
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THE WTIA LOGISTICS SOLUTION, are you ready? ProBit Exchange (WLOG) Lists Trading: December 29, 2020 at 4:00 p.m. KST
– President Keun-Young Kim
NAMDAEMUN, SEOUL, SOUTH KOREA, December 27, 2020 /EINPresswire.com/ – In 2017, the logistics sector was valued at $ 8.1 trillion; this assessment is expected to almost double by 2023.
While payments can be lucrative, shipping companies and retailers respectively lose a significant percentage of profits due to inefficient centuries-old practices, unnecessary middle costs, untraceable thefts, cyber attacks and spoilage of food, to highlight. some. Mislabelled, mis-shipped and stolen goods alone represent at least $ 50 billion in losses per year. Blockchain is your answer and truly offers an end-to-end solution for businesses that want to run leaner, more organized and more efficient operations, The Omen is Clear – Use it or Be Left Out!
Why Blockchain in logistics?
A decentralized public ledger system that documents all changes to a record in real time, Blockchain can help make logistics companies more efficient through a public ledger system that records the movements of each shipping container. With this data, businesses can implement faster routes and eliminate unnecessary steps in the delivery process.
Distributed and decentralized ledgers also reduce bottlenecks and clerical errors. Thanks to smart contracts, retailers no longer need brokers, lawyers or other third parties to perform their tasks. Smart contracts allow retailers and logistics companies to enter into binding agreements that will be immediately dissolved if all agreed upon stipulations are not met. These ledger-based contracts increase transparency and profit while reducing delivery times and costly errors.
The logistics industry is ready for a super tech upgrade, and a distributed ledger is the next big thing thanks to its transparent records, lower costs, and efficient route information. Coupled with emerging technologies such as big data and artificial intelligence, Blockchain could even increase global GDP by 5%.
How can logistics benefit from cryptocurrency?
Cryptocurrencies continue to rise in popularity as we move through the second quarter of 2020. By now everyone has at least heard of Bitcoin, Ethereum, Ripple and their peers.
As well as being a new trending investment option, they have also introduced Blockchain technology to all modern financial applications.
The ability to permanently record transactions on a public ledger has been a game-changer for many different industries. And that includes logistics. Not only are companies able to adapt technology to their needs, it also improves transparency.
THE WTIA LOGISTICS SOLUTION
The logistics industry is in desperate need of improvement. There are many issues that need to be resolved to provide optimal service and avoid costly mistakes, President Keun-Young Kim said categorically
This is exactly why blockchain technology is a great solution. Whether from an organizational perspective or as a method of creating profitable solutions, companies can now find new ways to make better decisions.
Therefore, we believe that logistics processes will benefit from this revolutionary new technology. And while the majority of companies aren’t ready to jump on the bandwagon just yet, we certainly think the world is heading in that direction.
The global launch on Probit
Global Exchange Probit has announced the date and timing of the listing of this New Child on the Block (WLOG) who is committed to making a strong statement in the crypto world not only to their investors but to the industry in its together. Crypto and blockchain continue to make major strides in global industries, but so do other disruptive technologies or innovations.
Trading pairs:
WLOG / USDT
WLOG / KRW
Filing: December 29, 2020 at 10:00 a.m. KST
Trading: December 29, 2020 at 4:00 p.m. KST
Register here now to join and connect with the community (WLOG) on Probit https://lnkd.in/dAw5dUw
Rohan F. Britto
WTIA Co., Ltd
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