NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts

IMPROVING THE LOGISTICS INDUSTRY WITH BLOCKCHAIN TECHNOLOGY

NewsBTC
NewsBTC
7 years ago
3 mins read
LWF

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Local World Forwarders (LWF) aims to create an efficient and innovative platform based on blockchain as well as DPoS (Delegated Proof of Stake) Technology for a democratic and decentralized disruption of the Global Logistics Market, expected to be worth $15.5 Trillion by 2023.

With more and more shipments to residential addresses due to the booming e-commerce industry, the major impediments of the logistics industry have become more prominent than ever before. Custom duties make imported goods tacks on unnecessary fees and increases prices, or shutting companies out of entire markets entirely. This is seen with India’s recent tax increases on cell phones affecting major companies such as Apple, Samsung, and LG.

Furthermore, there is no singular company that handles logistics globally, further causing complications when it comes to global shipments, especially when a package is transferred from one jurisdiction to another. Integrating different companies together would be difficult due to the lack of a standardized system, making developing new API’s or combining data structures unfeasible.

LWF looks to change all this with their multi-service logistics platform, with a DPoS-based blockchain as the backbone. The platform will be capable of decentralizing the entire logistics supply chain to get rid of central points of failure, as well as making management immutable, ensuring records are authentic and can be validated by anyone.

For the first time ever, anyone that is part of the platform can generate an income using LWF’s P2P platform. Users can receive or ship parcels across the globe, providing secure and decentralized logistics on a international scale.

The Services Offered

LWF’s platform will allow for peer-to-peer freight forwarding. This is essentially a service where a customer will be able to procure a private forwarder to send the item of their choice once they have already purchased it. The customer will buy his or her item and have it sent to the private forwarders address at which point the item is shipped to the customer by the forwarder.

Customers will be able to find a suitable shipper, based on certain parameters such as location, on the easy-to-use platform. Once the forwarder has shipped the item, a fee is calculated which is held in escrow until the user confirms receipt of his items.

The fee is to be paid in the LWF token. To maximize customer contentment, all items shipped through LWF’s platform will be covered by insurance to mitigate any losses.

Moreover, LWF will offer private collecting points where users are able to pick up their items at their convenience without having to worry about issues such as distance or opening and closing times. These collection points will be run privately and the platforms’ users will be able to pick which points best suit their needs.

Due to the decentralized nature of this service, the platform will create opportunities for extra income for those who sign up to be forwarders as well as private collection points. Additionally, LWF will develop a mobile app that will function somewhat similarly to Uber, allowing for express deliveries for people in the same area.

This on-demand system will be made possible by data on the blockchain, which will, in turn, ensure safety and security. The platform will also offer traditional direct logistics, with the relevant operating facilities currently already in place.

Interested users looking to become a part of the platform have an opportunity to secure tokens in the TEC sale in order to access the platform when it is ready.

LWF will hold a Token Equity Convertible (TEC) sale from January 23 to February 23, 2018. There will be bonuses given to participators, depending on their time of entry into the sale. This follows its pre-sale as well as early supporters program, which it ran late last year.

For more information regarding token distribution, more in-depth information about LWF and the platform, visit the whitepaper.

 

 

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why Smart Crypto Money is Backing SpacePay's $1.1M Presale Run

Why Smart Crypto Money is Backing SpacePay’s $1.1M Presale Run

SpacePay’s presale has surged past the $1.1 million mark as investors recognize the potential in crypto payment solutions. The SPY...

ericdunne519 1 week ago
青色のプレゼントボックスの上にあるBTC

Bitunixボーナスキャンペーン開催中|最大710ドルの獲得手順

世界中のトレーダーに選ばれている暗号資産(仮想通貨)取引所 Bitunix が、新規ユーザー向けに最大710 USDT相当が獲得できる特別キャンペーンを実施しています。 期間は2025年3月18日から...

rinsuzuki 1 week ago
Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Cryptocurrency has been around for years, but most people still can’t use it to buy their morning coffee. That’s starting...

ericdunne519 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

SpacePay (SPY) Token Presale

SpacePay (SPY) Token Presale: Could This Be the Key to Real-World Crypto Payment Adoption?

ericdunne519 13 hours ago
Unlock SPY Potential

SpacePay: Where Dogecoin and XRP Meet Real-World Payments

ericdunne519 1 day ago
Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

ericdunne519 4 days ago

Premium Sponsors

Press Releases

  • e 3 coiny poniżej 1 dolara mogą zamienić 200 dolarów w...

    9 hours ago
  • ミームコインの価格急騰が続く中、注目の仮想通貨プレセールが50万ドルを突破し、次の100倍コインになる可能性がある。

    ...

    15 hours ago
  • 仮想通貨おすすめ|ビットコイン強気派の一休み中に買うべき銘柄

    ...

    15 hours ago
  • 2025年注目の新しい仮想通貨|Solana発 次世代ミームコインが投資家の期待を集める

    2025年注目の新しい仮想通貨|Solana発...

    15 hours ago
  • 2025年7月第2週にクジラが購入した注目のアルトコイン

    ...

    15 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.