4.1 Provide Optimal Route
Last updated
Last updated
dKargo’s service starts with a shipper making a request for a service they want and then receiving a recommendation for an optimal route. The shipper will record information such as the freight’s type, size, weight, destination, delivery deadline, transportation costs, safety precautions for handling, and need for other logistics-related services onto dKargo’s platform. dKargo will then recommend the optimal route. During the early stages of dKargo, the recommendations will be made based on the information on dKargo’s blockchain. However, in the long-run, business operators with expertise in route optimization will eventually provide solutions. This, in turn, will allow dKargo to provide the most efficient logistics route to its users.
The shipper then can select the route that best suits their purpose among the various recommendations. The shipper will sign a logistics contract with the service providers of the route of their choice. The contract will be recorded on the blockchain and a smart contract for payment will be written up. Also, the shipper can draw up a conditional smart contract with their service providers. For example, if a service provider successfully makes a delivery within a timeframe required by the shipper as a condition, they will be rewarded with incentives. Users can make such options to create a logistics service that best fits their purpose.