A single global shipment travels through dozens of legacy systems with no correlating data standards. Each leg of the journey requires its own version of paperwork resulting in growing piles of non-correlated critical data that each party must decipher.
The Fr8 Protocol defines the four necessary components a shipping, credit, or insurance contract must contain — for any stakeholder in any region. Clear standards enable new efficiencies and capabilities for logistics systems worldwide.
Communication standards create a single source of truth regarding a shipment's location, state, and contents for coordinating multi-party workflows. Documentation standards shift the marketplace away from costly physical paper and into the digital era.
Bitcoin showed the capacity of blockchain technology to transfer value programmatically. The Fr8 Protocol for settlement defines payment terms that are enforceable across the instances of applications built using the Fr8 Protocol.
Regulatory bodies publish embargoes, tariffs, customs requirements, and more at intervals that make it very challenging to remain compliant. Fr8 Protocol enables baking this data into the base level of contracts.
Fr8 Protocol defines how information systems interact with the blockchain requiring different levels of encryption for messages passed to a smart contract.
The Fr8 Marketplace is a set of decentralized applications (dApps) that are designed to streamline the industry's fractured value chain by transparently connecting key stakeholders, removing high-cost arbitrage, and redistributing revenue.
Web Based Shipment Management Tool
Matching Algorythm Smart Contracts Workflow
Quick Access To Platform & & Crypto Wallet
Real-Time Shipment Contract Updates
We're starting by solving the inefficiencies in the $700 billion United States over-land freight market. Carriers and shippers will be able to coordinate shipment transactions through customizable smart contracts. The Fr8 Marketplace gives users full visibility into available capacity, user ratings, and pricing data.
Fr8 Network is the first and only blockchain logistics partner on the Salesforce App Exchange. As an ISV partner, companies already shipping with Salesforce can plug directly into our technology.
The Fr8 ERC-20 Token speeds up payment remittances, ends double spending problems, and incentivizes fragmented stakeholders (shippers, carriers, and brokers) to use smart contracts. It can be used to stake transactions, drive efficiency and get access to a suite of valuable products and earn Fr8 tokens.
Stay up-to-date on what's happening in the Fr8 Network and get notified with each public annoucement.
