Neulaut is a logistics platform, providing seamless end-to-end supply chain for goods and service using blockchain technology. The Neulaut token, NUA which is a negotiable digital asset, shall enable users of the platform to pay for freight and other related services and to monitor goods as they progress along the shipping and delivery phase of the process, capturing payment uncertainties and helping business extract value for whatever they have invested. The platform uses the concept of space sharing, effectively matching owners of freight with shipping service providers globally. The paper work process is managed through smart contract and decentralised blockchain technology.The use of blockchain infrastructure will ensure layered security in confirmation and tracking of goods shipped through the platform, managing title documentation and ownership permissions for the flow of goods and services across national entities and customs. With blockchain technology, the core system that underpins cryptocurrencies, computers of separately owned entities follow a cryptographic protocol to constantly validate updates to a commonly shared ledger. The importance of this decentralised system is that important information can be recorded in real time and since it is trustless, the platform does not require any one entity to be the controller of the value chain. Every participant in the platform has access to certain irrefutable recorded information on the movement of goods and services. This eliminates the problems of errors of entry, and builds confidence in the intergrity of the database and enhances the process of logistic accountability. The Neulaut system will engender trust amongst all participants.MECHANISM OF USAGE
The potential for efficiency and cost savings is very real in the usage of the Neulaut Platform. The platform will reduce cumbersome paperwork and time consuming documentation. Every process will be electronically signed, and this signature is repeated and stored in all nodes of computers running the software on the logistics chain of all market participants which is verifiable and available to the public. The platform will provide an open record keeping that can be accessed by participants. Information harvested from the distributed ledger will be indisputable as this is repeatedly stored on various other computers on the network. This system will seamlessly integrates into the existing custom structures of nations, treaties and maritime regulations which will make it smooth and effective to use.
THE NEULAUT TOKEN, NUA
This the instrument for authenticating the security of the logistics flow of goods and services. Every user of the Neulaut platform will attach the token as a signature to every value add, and in so doing will ensure security and monitoring. This serves as an indelible mark from an originating party to a receiving party. The completion of a process represents the claiming of value of a participant’s token in the pocess. It’s a value add, value enhancement and value creation process. Smart contracts will define the rights of every participants regarding obligations in the shipping and goods delivery process. This is some way will eliminate the old shipping terms, like collection, ex works and the rest of today’s standard shipping arrangments. Cryptographic signatures will ensure that any employee is held accountable for their contribution in the value chain, while at the same time protecting their identity. The Neulaut token, NUA will serve as the identity mark once it is signed and attached to each step of the logistic flow. Encryption ensures that the risk of hacking and compromise is reduced to the barest minimum, why at the same time protecting all interest parties by ensuring that all authorised personnel and their contribution to the chain is thoroughly monitored. This will eliminate shoddiness, complacency and ensures optimal efficiency.
NEULAUT, NUA TOKEN STATISTICS
Circulating supply: 20 million tokens
Reserved: 80 million tokensDEVELOPMENT TIMELINES
The Neulaut Logistic platform shall be developed and delivered by October 2019. The alpha production and beta testing will be delivered before final launch of the platform. A full roadmap and work schedule for each phase of the development will be released on our website as work progresses.
COMMUNITY LINKS AND RESOURCES
Neulaut, NUA token is currently trading on www.coinechange.io
Listing on other exchanges to be announced soon