NextPakk - The Last-Mile Logistics Industry

NextPakk is a delivery service that allows the customer to schedule delivery within a one hour window ensuring the customer is home when the package arrives. NextPakk utilizes blockchain technology to track packages, while protecting customers identity and ensuring timely delivery.

For delivery of packages, NextPakk utilizes the shared economy similar to Lyft, Uber, and AirBnB. Individuals can earn additional income on their free time by delivering packages for NextPakk.

Everyday, billions of commercial transactions take place as people globally connect both physically and virtually through the process of buying and selling goods; online shopping and awaiting parcel deliveries are common activities for most people. Pakka our blockchain platform creates an integrated marketplace built on the sharing economy, where individual consumers, local businesses, and delivery agents all (community drivers), share in the rewards and the responsibility.

At NextPakk, we’re transforming last-mile logistics through a scalable sharing economy built on blockchain. Blockchain and sharing economy, each disruptive on their own, were combined to create a decentralized platform for consumer-scheduled evening delivery, 7 days/ week. Creating a marketplace of online shoppers, local businesses for package delivery points (PDPs), and local last-mile delivery drivers that gives consumers convenience, control, and choice over their delivery. Pakka blockchain will be the backbone of the DApps built to conduct logistics business and last-mile services, using the Pakka tokens as payment and or collateral for packages, while changing hands from pick up until delivery.

While 30% of Americans report having experienced package theft, in attempt to avoid the inconvenience of missed deliveries and lost or stolen packages from their homes, 35% of Americans ship their packages to an alternate address, resulting in extra costs, distance traveled, and increased emissions.

Last-mile delivery is an ongoing logistics puzzle as delivery companies continue to struggle with how best to manage the growing e-commerce-fueled market. The biggest challenges to the last-mile are customer driven. Incorrect address, remote locations, cramped locations, absence of the customer to receive the package, unexpected cancellations of orders and returning orders are some of the major weaknesses of last-mile delivery today. With e-commerce showing no signs of slowing down, and developing countries adding to the online shopping boom, retailers and carriers alike are looking around every corner for the solution.

According to Ed Rogers, a senior engineer with UPS who works on the last mile problem, "if we shave a mile off of every route across the U.S. every day — $50 million savings."

Blockchain and the sharing economy were combined to create NextPakk and the Pakka cryptocurrency. Together, they create a minimal-infrastructure ecosystem designed to eradicate missed deliveries and stolen packages by transforming last-mile logistics. The Pakka blockchain is built on the Stellar Platform, providing maximum scalability and higher throughputs than all other, competing platforms, while the Pakka token serves as digital currency for which anyone can obtain delivery services. (Consider adding procure goods and services)

NextPakk is a platform that allows the community to leverage their own assets (personal vehicle, extra space, or spare time), in exchange for Pakka tokens. Pakka is accepted as a form of payment for

receipt of packages. Additionally, it provides escrow coverage as collateral for last-mile deliveries in a trustless system while effectively and securely tracking packages’ chain of custody.

Through this, transparent system, NextPakk is revolutionizing the logistics industry by providing a solution to the inconvenience currently found in last-mile logistics. With data privacy and consumerscheduled deliveries, unpredictability in the last-mile is erased: prescription abandonment is reduced; worries about missed deliveries, stolen packages, and time away from work are eliminated; data privacy is secured since our blockchain technology removes the necessity for names and addresses on packages (not currently available from any other logistics company); and we’re designed to scale globally, down to the tracking of produce shipments across third-world countries.

Ecosystem Benefits

• Retailers’ profit margins increase from fewer stolen packages
• Local stores benefit from the use of extra space
• Drivers earn extra income, using their vehicles to deliver packages
• Carriers’ profit margin increase from fewer missed deliveries and miles traveled
• Consumers gain convenience, control, and security due to fewer missed deliveries, stolen packages and limited personal information

Pakka blockchain is the first blockchain solution in last-mile logistics, providing a convenient, secure way to ship packages while maintaining data privacy. Operating around a decentralized sharing-economy cryptocurrency, Pakka tokens can be used to exchange value on the platform, while effectively and securely tracking packages and their chain of custody. We’ve eliminated the need for warehouses in our ecosystem. Instead, we’re supporting local businesses, as they’re paid per package received in their stores. Independent drivers have the opportunity to earn income making scheduled deliveries, while NextPakk is eradicating additional trips for missed deliveries and loss from stolen packages.

At NextPakk, we’re “reinventing the logistics of life” and transforming last-mile logistics through a sharing economy built on blockchain. The beauty of this system is it’s frictionless, efficient, and transparent. Operating around a decentralized sharing-economy cryptocurrency, Pakka, tokens will be used to exchange value on the platform while effectively and securely tracking packages and their chain of custody. Pakka blockchain will be the platform of choice for logistics business and related services in the last-mile

• Frictionless - With increased demand for a speedy delivery and twenty-eight percent of total delivery costs coming from the last mile, a frictionless experience is vital. Society is tired of the delivery process seemingly working against their expectations and is ready and waiting for a solution.
• Efficient - Clearly, consumer demand for faster deliveries requires increased efficiency. To date, ondemand services have infiltrated virtually every industry, and online retail is no exception. Though efficiency may be increased at varying degrees through the supply chain, technology is key regarding same-day and on-demand delivery.
• Transparent -  As online shopping has increased, so has the need for transparency in shipping and delivery. People no longer wait patiently for packages to arrive – they must know where their purchaes are in that process, as well as when their items will be delivered.

For Infomation

ANN : https://bitcointalk.org/index.php?topic=3340387.msg34956348

Website: https://app.nextpakk.com

Whitepaper: https://s3.amazonaws.com/nextpakk-assets/docs/pakka-ico-whitepaper.pdf

Facebook: https://facebook.com/nextpakk

Twitter: https://twitter.com/nextpakk

Telegram: https://t.me/nextpakk

Telegram (Bounty): https://t.me/nextpakkbounty

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