NEXTPAKK (ICO PROJECT) — AND ITS COMPETITIVE ADVANTAGE OVER OTHER LAST-MILE DELIVERY SERVICE PROVIDERS

ICO Experts
4 min readOct 2, 2018

NextPakk is a platform, built on Blockchain technology, and is aimed at proffering solution to last-mile delivery challenges currently facing the logistics industry.

Last-Mile delivery is a section in the logistics industry that ensures goods or packages are transported and delivered to their final destination, especially to the consumer’s residence.

In the current Last — Mile delivery system, the moment a customer places an order for goods online, the order is processed and dispatched. But most times, in a bid to meet the demands of these packages are delivered or left at the customer’s residence even when the customer is not at home which at times leads to loss of package. Missed delivery could also occur thereby causing a waste of money and resources. These are some of the challenged facing last-mile delivery services.

Other challenges include:

· Incorrect addresses

· Remote locations

· Unexpected cancellation of orders and returning of goods

· Unsecured storage room locations

· Privacy issue of users data and information.

· High cost of shipment or delivery cost.

NEXTPAKK was created by experienced team members and logistics specialists to proffer solution to all these challenges and also give consumers control over their package delivery. The platform also rewards stakeholders or participants in the value chain with NextPakk (Pakka) tokens.

How NextPakk Works

1. A customer registers on NextPakk platform and creates a free profile.

2. A unique customer ID and a shipping address are automatically generated by the platform and issued to the customer for use.

3. The customer shops online and supplies the unique assigned NextPakk shipping address to the merchant.

4. The customer package arrives the supplied address — a Nextpakk designated Package Delivery Point (PDP) which is located within the customer’s locality.

5. The customer is immediately prompted the moment his package is received at the PDP point to schedule for a convenient date and time for the delivery and also to pay for the package delivery.

6. A NextPakk driver is dispatched on the scheduled date and the package is delivered.

7. Upon delivery of the package, the blockchain technology in Nextpakk platforms automatically creates a smart contract and distribute Pakka tokens both the driver, PDP and Nextpakk.

NextPakk Competitive advantages

· The platform differs from other last-mile delivery services by allowing for the ability to receive a package while maintaining privacy.

· It gives consumers the flexibility and option of choosing a convenient date and time frame they would want their packages to be delivered to them. This solves the issue of missed delivery and stolen package currently facing the service providers of today.

· By proffering solutions to the current last-mile delivery challenges, consumers will be willing to utilize the platform and as a result, the market penetration potential will be evident.

· NextPakk platform and the Pakka token technology have solution advantage over others which include: Frictionless Real-time settlement (2–5 seconds); Transparent, efficient & scalable service; Cryptographically secure transactions; Applications without boundaries; In-built Escrow functionality; decentralized and trustless logistics business platform, etc.

· The platform offers a reward system for stakeholders and all those in the platform value chain which cannot be found with other service providers. The Pakka token received is a utility token which can be stored on Ethereum wallet and can also be exchanged on third-party cryptocurrency exchange.

· The platform is backed by a team of experts in the relevant fields. The CEO of the company is a logistics strategist and expert — Lowell Fortune which also gives the project an edge.

Conclusion: NextPakk’s ability to put consumers in control of their package delivery by giving them the option and flexibility of choosing a date and time of their choice for their packages to be delivered to them is quite a unique one.

Additional features such as the use of blockchain technology, escrow services, and reward system truly make the platform to stand out from the rest. The project is currently on ICO stage and investors are encouraged to take part and invest in the project as it is already rated high among experts and ICO rating websites suggesting how promising it could be. I will definitely add this project to my investment portfolio.

Official NEXTPAKK ICO PROJECT Links

Website: https://app.nextpakk.com/login/index.html
Telegram: https://t.me/nextpakk
Facebook: https://facebook.com/nextpakk
Twitter: https://twitter.com/nextpakk
ANN Thread: https://bitcointalk.org/index.php?topic=3340387.msg34956348
Project Whitepaper: https://s3.amazonaws.com/nextpakk-assets/docs/pakka-ico-whitepaper.pdf

Authorship:

My Bitcointalk Username: dontigana

My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2164200

My ETH Address: 0x8673a6a7E1edc34B5F8d50eE8E15CcDd3b96AaEC

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