BitNautic, found online at BitNautic ICO - Blockchain Shipping, is a decentralized marketplace/platform for commodities, where end-consumers, importers/exporters, and manufacturers/producers of goods can trade their products with more ease using the blockchain technology. The goal of the decentralized platform, is “to help everyone, from end-consumers to the ship owners, Shipping companies to the Agents/brokers, small or large courier companies, Manufacturers, Producers(farmers), the traders, and the investors around the world to facilitate their ventures and ease the trading practices by connecting all the continents to one unique platform.”

How BitNautic works?

In traditional shipping ways, the transactions involve a lot of paperwork such as sales contracts, charter-party agreements, bills of lading, port documents, letters of credit and others related to vessel and cargo. All these documents need to pass through a long chain of departments. BitNautic prevails over old traditional shipping ways, which eradicates the need for several contracts to be signed multiple times and hence reduces paperwork. BitNautic also provides services and transportation which is internally boosted by decentralized blockchain technology. Inspired by the way blockchain payment system works, BitNautic proposes a trading platform for commodities where consumers, importers/exporters, ship-owners, service providers and producers of goods will be able to trade their products in the open market and free trade environment.

Bitnautic ICO

The ICO token BTNT provided by BitNautic is an ERC20 token which will act as a medium to help you be a part of the project. Funds raised via ICO and pre-ICO will mainly be used for the research and development of the platform, in-house trading business, and to purchase ships to be used for the transportations of goods in containers as well as bulk products such as agricultural goods (sugar, corn, rice etc.), minerals and construction materials. The BitNautic ICO will involve the release of 35 Million tokens for crowd sale.
 
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