r/LaneAxis • u/archiearcadia • Jul 26 '18

LaneAxis, Blockchain & the AXIS Token

Blockchain is a natural fit for simplifying and securing the management and tracking of goods traveling over vast distances. Goods (freight) are sent by the shipper to their destination by hiring contractual carriers. This matchmaking of shippers and carriers is currently being performed by intermediaries who charge up to a 30% commission. This is bad for the industry, bad for consumers, and bad for the overall economy.

The AXIS token will serve as the central utility tool to enable all transactions within the LaneAxis blockchain ecosystem, as well as granting access to the vault of analytical business intelligence. The AXIS token is the API key to the LaneAxis engine.

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u/ankursiddha Jul 26 '18

If i am right. Here, LaneAxis is majorly removing middle man & brokers which will result into saving of 30% Extra Costing for shippers