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HAVING LOGISTICS CHALLENGES? WORRY NO MORE! SERVE IS HERE!

Abdulmutalib AbdulazeezJan 31, 2019, 3:09:01 AM

In the modern world, a lot of technologies and innovations have crept up aimed at bringing comfort and ease to most of our everyday tasks. People can now sit at home and have their lunch delivered to them at the time and from the source of their choosing. For this to take place effectively and to the satisfaction of the customer, three components have to be work together. These are the enterprise that provides the product (e.g. the restaurant), the service providers that transport the product from the enterprise to the customer and lastly, the customers themselves. So how does the Serve platform come into all this? It’s simple! Basically, the aim of the Serve platform is to create a healthy environment for the smooth interaction between these three parties taking advantage of the immutability of the blockchain to provide security and transparency to the whole process as well.

STRUCTURE OF THE SERVE CORE

The Serve platform provides open source software development kits (SDK) and application programming interface (API) that enable all those willing to build their own custom apps and software on the platform as they see fit. As mentioned before, the platform will also use the blockchain technology in conjunction with Smart contracts built with Solidity and C++ for cross chain compatibility.

Check out the full details on their website or whitepaper

CURRENT CHALLENGES FACED BY OTHER PLATFORMS AND HOW THE SERVE PLATFORM AIMS TO ADDRESS THEM

Enterprise-provider disconnect: with providers being underpaid and undervalued coupled with the absence or paucity of interactions with the enterprises whose goods they are supplying, there is an unhealthy number of cases of unreliable supplies and irregularities that later end up causing customer dissatisfaction and sometimes, anger.

- SERVE SOLUTION: with a blockchain based platform, Serve aims to bring together increased and totally transparent and trustworthy interactions between all parties involved in the transaction replete with increased recognition to drive up zeal to ensure best practices and quality of products.

High platform fees: all business activities, no matter how novel or how much they are targeted to ease human problems, are inherently profit oriented. Unfortunately, in situations where platform charged by logistics platforms from enterprises and service providers are making a profit making increasingly difficult for them and resulting in the translation of the burden to buyers of the products. Consequently, this could result in a lack of or waning of interest in the platform by the involved parties.

- SERVE SOLUTION: Serve intends to charge platform fees as low as 0.00% to boost business vitality and sustainability and drive down product prices for consumers.

The high cost of entry of market: the two business-oriented parties, the enterprises and service providers, usually find it difficult to enter a market dominated by big players such as DHL and FedEx and as such usually shy away from serious participation in the market or scaling of their businesses.

- SERVE SOLUTION: with Serve providing a global audience, low platform fees, the right integration tools, and a trustworthy platform, all intending participants from anywhere and at any time can easily and without fear of being muscled out, engage actively and ambitiously any segment of the chain they deem fit.

Lack of penalty for poor services: in situations where companies can provide poor services and not get penalized for it (rather than, of course, earning the anger of a customer), there is a lackadaisical attitude towards appropriate quality control.

- SERVE SOLUTION: on Serve, enterprises, and service providers have to stake some of their serve tokens which are forfeited in cases of poor or wrong practices in carrying out their trade. This will increase vigilance among them and do away with service irregularities and consequently increase consumer satisfaction.

TOKEN

The platform will make use of the Serve token to grant access to the awesome services found on it. Users also get to have their very own Serve wallet where they can hold their Serve tokens.

ROADMAP

Q4 2017 – Sacs technology is introduced

Q1 2018 – the platform is found

Q2 2018 – Smart contract is integrated

Q2 2018 – wallet developed

Q4 2018 – beta version developed

Q4 2018 – token mining

TOKEN SALE

Total Serve tokens to be produced – 10 billion

Price – 0.05USD

Private sale – 3.5 billion

TOKEN DISTRIBUTION

Advisors – 10%

Founders – 10%

Marketing – 20%

Community – 25%

Prepayments – 35%

PROJECT BUDGET LAYOUT

Marketing – 47%

Legal – 2%

Startup cost – 3%

Admin cost – 6%

Management and employees – 7%

Developers – 12%

Software – 20%

CONCLUSION

The Serve platform is, obviously, a well thought out plan to solve the majority of the problems we currently face in the supply and delivery of goods. I personally eagerly await the kickoff of this project.