BitNautic – Blockchain Powered Decentralized Shipping Solution
Research about shipping market trends and challenges, Complete business & financial analysis, White paper writing, Conceptualization, Design, Blockchain-based responsive website, Mobile application development, Smart contracts development, Bounty and referral program management feature, Anti-money laundering modules, Deployment, Testing
BitNautic addresses the prime challenges of the Maritime Industry. It integrates the existing siloed systems to handle the shipping industry from cargos bookings to managing Bill of Lading on the blockchain with the real-time tracking of shipments. It also offers a platform for stakeholders of the shipping industry to connect with each other through peer-to-peer communication features. It is used for recording the whole process from the offer to the delivery, or could additionally be used to facilitate the actual payment. The payment can be made directly, via escrow, or via escrow payment but with partial funds released at different stages. It offers quick processing with minimal paperwork requirements.
Additionally, the BTNT development will provide easy to use, multi-currency feature for shipping purposes. Basically, this platform provides the following features:
Bitnautic aims to transform the shipping industry through decentralization
Problems and Solutions
Lack of Security:
Lack of Transparency:
DefiSpot provides its users the benefit of economic freedom by removing the need for KYC. The user can directly trade on this platform without exposing themselves.
Paper Heavy Process:
Involvement of Multiple Currencies:
Ethereum blockchain is used for the deployment of smart contracts.
For front-end development
For backend development
Framework of Node JS
In DefiSpot, MongoDB is used as database.
For task management between the team.
To maintain or manage the code in the repository.
Digital Ocean is used for deployment.
Postgresql is the database used to integrate with node.
Visual Studio Code
Visual Studio Code is an IDE used for development
Postman is used for testing purposes.