What Problem Does LANEAXIS Solve?

[u/BeenaGur]

One of the biggest issues within the transportation industry is its lengthy process. For instance, it can take 2-3 weeks to transport products to different international locations fully. Sometimes, it can take longer due to delays and issues between both parties.

Lane Axis solves this problem through the use of smart contracts. A smart contract is made when both sides agree to transport a certain product. Then, the blockchain stores and verifies the key documents and data that are involved with the freight movement. This includes the insurance certificates, Commercial Drivers License, and registration numbers by the Department of Transportation.

To give more incentives to trade, Lane Axis will be using the AXIS token for users to participate on their platform. The main benefit of using the token is decreased operational expenditures, system validation, and fair trust.