QUASA - is a decentralized system which consists of several smart-contracts.

Blockchain for supply chains.

QUASA decentralized logistic platform offers innovative solutions based on the introduction of blockchain technologies to supply chain management.

The platform will help all the participants to obtain considerable advantages of decentralized service and a unique and transparent economic system based on own QuasaCoin crypto currency.

According to the experts’ estimates, in 2015 the logistic sector accounted for 6% of the world GDP, and its turnover was equal to USD14 trillion. For quite a long period of time the cargo shipping market is going to retain a considerable share in the world economy with CAGR being equal to 3%.

QUASA involves several suppliers and carriers in order to secure step-by-step integration of all the participants of the supply chains into the delivery platform, and this requires a unified register. An open register proposed by Cisco Systems seems a suitable solution. The use of the standardized realization will help to secure smooth integration with other IOT services (Internet of Things which connects the objects with the Internet, thus helping to perform the analysis and obtain data about the object in question). Thanks to the implementation of this register, the data will be transferred to the service in a unified format. With the help of this register our clients will be able to use even more detailed contracts which will enable wider process automation.

The business strategy of the multimodal application is based on providing customers with absolutely new way of interacting with the logistics market.

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Hyperledger Fabric will be integrated for managing documents and authentification, managing KYC identification, ensuring transparency of the supply chain, tracking origins, performing correspondent bank operations, and managing cases of resorting to the central bank.

In the course of the research, we realized that all applications which existed in the logistics business were developed either by small transport companies or by big corporations. Such companies earned their money not due to the quality of their IT product but for its logistic services. Their software had always been the means of the process automation. That is why 90% of such products were never released into the market. They were intended for the use only within the company which developed them.

Hello!

Thank you!
Accepted!

- 65% formation of services described in the previous section;
hiring of new employees and bearing the expenses related to the corresponding development;
elaboration of the infrastructure for developing a logistics market 2.0 as well as developing the member community;

- 17% - overheads for launching preICO and ICO, bonuses for the developers
legal costs and other bureaucratic expenses;
bonuses for the founders and for the developers of the platform;
repayment of borrowings used for creating the platform;

- 10% return on investments made by investors on the earliest stages of project;

- 8% - payment of PR services used at preICO, ICO, and Release stages.