ERA OF SHIPPING INDUSTRY
Idea is to issue a crypto currency coin based on smart contract future and blockchain technology to implement a highest known level of trust and contract execution for both shipowners/charterers and cargo owners.
Coin to be based on ERC20 this is one of the most significant token standards of all for Ethereum future and easily converted into other crypto currency with full ability to program token to function within crypto ecosystem. These tokens are blockchain assets that have value and can be sent and received, like Bitcoin, Litecoin, Ethereum, or any other cryptocurrency.
The ERC20 network is arguably the most important in the crypto ecosystem today and the network continues to create a connected system where everything seamlessly works together.
The coin standard defines a set of functions that the smart contracts within the Siera ecosystem can recognize and understand. These are generally basic functionality issues, including how tokens are transferred and how users can access various data such as value, shares, insurance and terms of the contract.
Siera standard also prescribes different signals that each token uses and which other tokens are attuned to, here a smart contract can fire a signal that other smart contracts listen out for. This set of functions and signals ensures that tokens of different types will typically work the same in anywhere within the Ethereum system.
Assets to be used within the ecosystem in the smart contracts to be insured and rated by the top ICO rating agency and P&I club to deploy a high level of interest from the ship and cargo owners.
Siera to be created to facilitate the transfer of national currencies, to provide users with a stable alternative to the current ways of payment and to provide an alternative for exchange and audits which are currently unreliable. Siera provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process.
We’re left with an extremely safe and transparent system that relies on the most secure blockchain to provide users with a price-stable asset for national currencies and is fairly simple to use.
USD deposits and withdrawals to and from owners are often a time-consuming process. On average, they take 1 to 2 business days to complete. If the transaction occurs after banks have closed for the night, weekend, or holiday, wait times may be considerably extended. By contrast, Siera transactions times are completed in minutes. This benefit is significant because cryptocurrency traders often need to rapidly shift funds, and take advantage of arbitrage opportunities.
Siera is based on the commercially available AI logistic delivery platform Searates (www.searates.com), which is already operating in 58 countries, has 500000 active users and 6227% growth in 3 years.
Siera will transform the way goods are moved around the world by enabling anyone to have anything delivered on-demand and in time with the best price ever. Our revolutionary Searates Logistics platform on blockchain connects customers with local couriers who can deliver anything from any warehouse or premises in minutes.
The vessel sharing strategy against live shares provided by shareholders and token holders based on Siera with blockchain technology will enable secure and safe execution of contracts, charter party with ﬂexibility of payments and ﬁnancing.
The World logistic market in terms of revenue was valued at USD 8183.46 billion in 2015, is expected to reach USD 15522.02 billion by 2022, growing at a CAGR of 7.5% from 2015 to 2024.The market in terms of quantity was valued at 54.69 billion tons in 2015, is expected to reach 92.10 1 billion tons by 2024, growing at a CAGR of 6.0% from 2016 to 2024. The logistics market includes all the activities of the supply chain such as transportation, customer service, inventory management, ﬂow of information and order processing. Some other activities of the supply chain include warehousing, material handling, purchasing, packaging, information and maintenance among others
Innovations are in our DNA
Siera is leading the way into the future by being first in its market to offer its customers an easier way to order and getproduct delivered by way of containers, ships, AI and networkof Uber like agencies
Proven Business Model
Siera is an operational part of Searates Ltd, a leader of logistic delivery in 200 co countries, with over USD 50M in total sales, 1M active users and 100M orders.
Our experienced management team has a proven track record of successful expansion and internationalization. These achievements are due the development of innovative products and technology, their top‑class business execution and excellent tried‑and‑tested marketing strategies.
Team Tokens will be locked for 3 years
Our goals are long term - to build a global decentralized delivery leader. To show this, Team tokens will be locked for 3 years. Crowdsale tokens will not be locked.
$15522B Target Market
Even a 1% of the total market would make Siera a 155 Billion worth company. With the recent innovative technological innovations and experienced team we are aiming for much more.
Concrete Expansion Plans
We have concrete plans and teams ready to launch to 200 countries in 5 years. Our plan is to dominate all the top and most promising market segments.
Demand for the Token
Siera token demand is driven its growth and usage on the platform. Tokens will have 5 utilities. Each utility was designed to facilitate activity and network beneﬁts on the platform such as unique vessel and container sharing.