IMLA Logistics Industry Solutions More Efficient By Using Blockchain Technology

https://immla.io/

Important function of transportation in logistics

Transport activity refers to the movement of products from one location to another in the supply chain. The need for transportation has grown with increasing globalization in supply chains and e- commerce growth.

Transportation is the most easily seen activity as the main activity of logistics. Customers will easily see the movement of goods from one location to another using either truck, train, ship, or aircraft.

In the context of supply chain management, an important function of transportation provides logistics service solutions: product movement and product storage .

The function of transportation in the movement of products, transportation plays the role of moving the goods, both goods in the form of raw materials, components, goods in the process, and finished goods. The economic value of transportation in performing this role is to move the stock of goods from the origin location to a particular destination in the enterprise supply chain management system. Transport performance will determine procurement, procurement , and customer relationship management performance . Without reliable transport performance, it is certain that almost all of the main activities of the supply chain will not work effectively and efficiently.

Transport activities will consume the financial resources, time, and environmental resources. In addition, in the context of activity -based management ( value-based management ), transport activities include activities that do not provide added value. Why? Transportation activities result in increased inventory of goods in transit ( in-transit inventory ). An effective and efficient logistics system should be able to reduce this in-transit inventory to a minimum. The use of information and communication technology will be able to make significant improvements in access to in-transit inventory and delivery status of the shipment accurately both location and delivery time ( delivery time ).

Transport activities will also consume financial resources. Transportation costs occur due to the use of labor drivers , fuel consumption, vehicle maintenance, capital invested in vehicles and equipment, and administrative activities. In addition to the consumption of financial resources, the risk of loss and damage to products during transport activities may also incur significant costs or losses

IMLA Solutions

Business strategy of IMMLA solution provides customers with a fundamentally new way of interacting with logistics market.

• Problem of trust solution.

Cargo transportation is monitored until the successful closing of the deal. All actions are recorded in the blockchain, which omits trust issues between parties; Smart contract, which will be approved at the beginning of shipment, will automatically execute mutual settlement according to data stored in blockchain.

• Risk of hidden damage.

Online GPS/AIS/Satellite tracking of cargo location, and the status of its damage with the use of blockchain technology; On the early stages IMMLA will integrate with existing tracking providers over their protocols (https, mqtt and other). Data will be aggregated, unified and shown to end user.

• Risk of insolvency of cargo owner solution.

Authorization of verified suppliers and solvent cargo owners increases overall degree of responsibility; IMMLA will issue personal licenses for suppliers through the modern DLT technology. Other entities are able to get and verify this data.

• Currency and tax risk solution

All payments through IMMLA service will be performed in a single currency - IMMLA token. Underinsurance & risk of undercompensating solution. Automatic cargo insurance covers not only the risk that evolves through possible opportunistic behavior of counterparties, but also the damage risk caused by compelling force;

• Problem of information barriers, idle runs and high price solution

IMLA Timeline

1. The development plan includes the phased development and implementation of modules in the service. IMMLA will be gradually connected to the «forwarding», «air», «railway», «sea-cargo», «custom», and «warehouse» modules.

Firstly, is 2018 auto and sea-cargo modules will be launched because they represent best fit of high demand for multimodal contracting and low implementation complexity.

In 2019 the company plans to expand the range of services provided and to introduce the possibility of organizing air transportation and customs services.

In 2020, forwarding and warehouse modules will be implemented.

In 2021, IMMLA Railway module will be added.

2. Regional expansion strategy

In 2018, IMMLA service will be launched on the Russian trucking and sea container market.

In 2019 the service will expand to the China.

In 2020 the service will expand to Western Europe.

By 2021 it is planned that IMMLA will spread the same way to the Asian region.

After 2023 it is planned to use the service worldwide.

IMLA Components Models

IMMLA provides convenient instrument to manage and deliver cargo using different transports from ferry to cars. Platform is based on a microservice architecture. Some services can be provided by 3rd parties. There are following modules that exist in the system:

• Web Services & Frontend
• Delivery Analysis Service (DAS)
• Document Management Service (DMS)
• Delivery Tracking Service (DTS)

Blockchain There are such entities that exist in the system as Carrier, Cargo owner, Customs, Insurance and other. Service provides user identity mechanism where third parties are involved. IMMLA is a trusted platform which verifies incoming user’s information, signs and transmits to the Oracle. Oracle is a legal entity that checks and signs the private data. When checks are done IMMLA publishes data hash and signatures to the public Blockchain

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IMLA CROWDFUNDING

SYMBOL: IML

IMMLA issues 445,122,735 IML tokens in two tiers: pre-ICO and ICO.

After completion of ICO, additional tokens will be automatically issued for Founders, Team and Bounty participants, they amount to 18.5% of total tokens.

Motivation of tokenholders: IML tokens will grow because of:

• IMMLA buy back IML tokens at the expense of 36% of IMMLA’s revenue at a IML token’s market price;

• IMMLA burns redeemed tokens* ;

Pre-ICO tier is complete 30 July 2017 with following results: Issued: 10,645,558.026103 IML tokens

Raised: 2,047.222697 ETH

Pre-ICO tokens will be transferred into the ICO token contract through a special safe migration function ICO Offering Details IMMLA will issue 434,477,177 IML tokens. The amount of funds raised (ETH, USD) 122,888 ETH (~36,866,400 USD at a rate 300 USD/ETH) Dates of the ICO from 15.09.2017 to 15.10.2017

JOIN ICO https://immla.io/

Alternative Link

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bitcointalk	https://bitcointalk.org/index.php?topic=2007562.0
telegram	https://t.me/immlacommunity
twitter	https://twitter.com/IMMLA_io
reddit	https://www.reddit.com/user/-IMMLA-
github	https://github.com/IMMLA