- dKargo works toward providing cooperative interface and trust, utilising blockchain technology to provide reliable information.
- It aims toward establishing collaborative connections between companies through tokenomics.
Basically, dKargo wants to revolutionise the entire logistic protocol. By implementing AI route optimisation, it seeks to create a more fluid and efficient logistic platform.
What is dKargo protocol?
With the features of the blockchain network, dKargo is transforming the logistics industry. Collaboration has become problematic and inefficient as different companies compete with each other on all service levels to gain an economic advantage, leading to inefficiencies. Through its blockchain-based platform, dKargo aims to revolutionise global trade by connecting buyers, sellers, and carriers to establish a transparent and cost-efficient supply chain system.
dKargo will enable networks to access reliable and standardised data on a public ledger-based blockchain.
The Logistics industry is considered the backbone of the economy, with a projected value of $15.5 trillion by next year. dKargo’s Main Motive towards the Logistic Industry.
dKargo’s Main Motive towards Logistic Industry
dKargo’s plan to revolutionise the logistic industry includes the following:
- Improving Efficiency (using AI route optimization):
dKargo is inheriting Web3 technology to let companies/users track records from the initial to the last level. This will help users to experience liquidity in the interface. Optimal logistics will allow users to collaborate and maximise their efficiency as well.
- Evolution of Whole Mile Logistics:
To make a logistic network that can use different means of transport, apart from conventional shipment, and create an entirely new ecosystem.
- Innovative Interconnected Logistics:
dKargo aims to provide a wide variety of logistics, giving value to various logistic-related services.
dKargo also offers a rewards system where users can gain additional profits just by playing their role. They can build a more efficient network by uploading data and providing logistical services. To achieve dKargo’s objectives, dKargo will expand partnerships with the incumbents. Deleo, a startup company specialising in international delivery services, will join dKargo as an early flagship partner.
As an example, the United States is facing increased traffic due to cargo shipments as e-commerce is rising day by day.
As an open platform, dKargo encourages all logistics service-based businesses. By building an ecosystem that provides incentives as per a user’s contribution to the system. By providing these functionalities, dKargo aims to attract multiple users to its platform. Industrial whales like Amazon are using integrated logistics and distribution to meet such a huge need in the market.
dKargo’s Cooperative Protocol for Logistic
To minimise the current scenario of the logistics system, participants in the system must trust each other and collaborate for their mutual benefits. A large, competitive logistic system makes it a bit difficult to collaborate as data has to be shared, which most of the entities don’t want to do.
dKargo comes into the equation by providing a decentralised and cooperative protocol to overcome the current challenges. This protocol can help reduce the risk of data manipulation by using a blockchain-based protocol to establish a trustful connection or collaboration.
Conclusion
Smart contracts help to build a secure connection to provide an efficient logistic ecosystem where participants can collaborate with different companies without the threat of data tampering. In the current situation of increased freight traffic due to increased e-commerce, dKargo is the best solution for intercontinental collaboration as well. Without it, only the investment cost is increasing without any legitimate profit. Secure blockchain technology will help you maintain data security using dKargo as well.
