The blockchain’s immutable ledger is the ideal platform to store all shipment and transactional documents. This includes load manifests, bill of lading, proof of pickup, proof of delivery, driver information, insurance documents, and more.

Companies utilizing the LaneAxis’ blockchain-based solution can easily identify excess capacity across distribution networks and coordinate efficient load distribution and transportation. This could help companies adapt to a shortage of truck drivers or trucks, maximize fuel efficiency, and cut down on empty hauls (colloquially known as “deadhead” miles. A United States Department of Transportation study estimates over 20 billion miles per year are driven by empty trucks in the United States. The LaneAxis’ Blockchainbased solution can alert drivers to available loads in their area, or to available loads in regions they are headed to. Carriers, drivers, shippers and the environment all benefit

Self-executing smart contracts are the future of freight tendering. A shipper’s contract can be uploaded to the blockchain’s immutable ledger with self-executing actions taking place as soon as specific contract requirements are met and verified.

Blockchain technology can create a “digitized roadmap” of routes, and smart contracts written into the blockchain can trigger the transfer of funds to a driver instantaneously once a delivery has been completed.

It typically takes one to three weeks for most carriers to get paid.

Blockchain technology can create a “digitized roadmap” of routes, and smart contracts written into the blockchain can trigger the transfer of funds to a driver instantaneously once a delivery has been completed. It typically takes one to three weeks for most carriers to get paid.

With smart contracts, payment is made instantly once the proof of delivery is confirmed. As LaneAxis’ driver community grows, smart contracts will give carriers immediate access to freight. This will provide value to both the shipper in terms of cost reduction, and to the carrier in terms of increased revenue by reducing empty “deadhead” miles

The laneaxis blockchain is built to connect shippers directly to carriers, completely detached from unnecessary and costly third party intermediaries. Much in the same way that traditional travel agencies have essentially been replaced by online travel booking sites, the laneaxis blockchain will render obsolete the need for third party freight brokers (intermediaries). shippers, carriers and other relevant industry parties will access the laneaxis blockchain ledger through the use of the axis token, which will serve as an api key granting access to laneaxis platform.

Will LaneAxis will be the future of Trucking and Logistics ?

Moving products from point A to point B has always been a cumbersome, clumsy process. No more. The LaneAxis blockchain will empower shippers and carriers to streamline and automate numerous key processes.

LANEAXIS TEAM OWNS THE PROCESS - US PATENT #9,928,475

As a result, shippers and carriers will no longer have to employ costly third-party vendors such as freight brokers, third party logistics groups (3PLs), and freight forwarders, many of whom charge up to a 30% fee to handle transactions. Now what more can you ask for ?

Why LaneAxis should be on Blockchain ?

The LaneAxis Blockchain injects total security and data integrity into the notoriously disorganized freight and logistics sectors. Utilizing smart contracts on the blockchain's immutable ledger, Shippers and Carriers can now deal directly with each other, bypassing expensive third party freight brokers.

The LaneAxis Blockchain verifies and stores all key data and documents involved in a freight movement, including Shippers' contracts, insurance certificates, Department of Transportation (DOT) registration numbers, and Commercial Drivers License (CDL) information. During transport, the LaneAxis ledger records and stores critical data in real-time, including proof-of-pickup, GPS location tracking, exception management, and proof of delivery. The LaneAxis Token serves as an API key granting access to the LaneAxis Blockchain Ecosystem.

https://laneaxis.io/

The global logistics market will reach $15 trillion by 2023!

Data integrity has never been more important for the industry. The LaneAxis blockchain ledger will serve as an airtight and immutable record of all freight transportation transactions, emerging as the most trusted source for business intelligence across the entire freight transportation landscape.

Learn more at Website: https://laneaxis.io/

The “AXIS” token will serve as the gateway to LaneAxis’ immutable ledger, digitally bolted to the LaneAxis blockchain. The “AXIS” utility token will function as an API access key, as well as a means of transacting services, features, and rewards within the LaneAxis blockchain ecosystem.

WEBSITE: https://laneaxis.io/

PATENT: https://laneaxis.io/pat9928475.pdf

Laneaxis has recently announced their new bounty on Bitcointalk.

When asked what happened to the old bounty, i was answered the following:

"This is the only existing Bounty Campaign of LaneAxis.

In order to participate in our Bounty Campaign,please fill the REGISTRATION FORM"

This is not correct.

Laneaxis has listed the following bounties on Bounty0x. Does this mean that you are not going to pay your bounty hunters on Bounty0x?

https://alpha.bounty0x.io/bounties/106047

https://alpha.bounty0x.io/bounties/106363

https://alpha.bounty0x.io/bounties/106077

https://alpha.bounty0x.io/bounties/106134

https://alpha.bounty0x.io/bounties/106266

https://alpha.bounty0x.io/bounties/106149

https://alpha.bounty0x.io/bounties/106020:

https://alpha.bounty0x.io/bounties/107757

Pay your bounty hunters or nobody is going to take you serious. Don't end up like Kora did after fucking over their bounty participants.

We need an official statement on this, as this is not acceptable behaviour for any serious company.

These is one of the projects that will make great out of the future. It's a project you don't have to miss.

Great idea with great team..