LaneAxis Virtual Freight Management is patented technology built to connect Shippers directly to Carriers, giving both real-time visibility and proactive control over every shipment — as well as cutting out expensive middlemen. LaneAxis is now building a blockchain solution to transform the transportation industry. The LaneAxis interaction platform leverages Blockchain technology, and more specifically, auditable immutability and traceability of records to act as a bridge between carriers, shippers, trucks, and regulators. AXIS tokens act as a provenance and trust protocol for data across disparate semi-trusting organizations. The platform is built over a high performance enterprise blockchain, with the AXIS utility token required for blockchain entry, IoTs installed in trucks, client side applications and integration platforms to integrate with legacy systems.
LaneAxis is building a Shipper-to-Carrier direct network powered by smart contracts employed on the blockchain’s immutable ledger. This will drive massive, cost-saving efficiencies into the industry, along with complete transparency and integrity of data. 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. LaneAxis was recently granted Patent 9,928,475 - "A Shipper and Carrier Optimization Platform." LaneAxis Virtual Freight Management® is a logistics, visibility and data control tool that delivers complete shipment visibility down to the load level. Deployed as a desktop and mobile app (in a SaaS-based cloud platform), LaneAxis connects Shippers directly to Carriers, giving both real-time tracking and data over every shipment. The LaneAxis platform eliminates the need for expensive middlemen in the freight lifecycle, including freight brokers, third party logistics providers (3PLs), and freight forwarders. LaneAxis is completely shipper and carrier agnostic. The platform goes beyond delivering just real-time GPS tracking, utilizing patent-pending processes to drill down to the driver level for key details. This includes eta prior to pickup, verifiable arrival times via geofence, verified proof of pickup, verified temperature settings and other metrics, in-transit tracking, accident reporting with photos, verified proof of delivery, and more. Added benefits include improved dock scheduling, fewer empty hauls, actionable business intelligence, instantly archived shipment documents, and notably, the ability to build and easily manage an in-house network of qualified independent carriers.
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ico and sto advisor Rated on Jul 17, 2018 Modified on Jul 17, 2018
4
2
2
11%
Quite good team and advisors. Though i have not seen any successful ICO in transportation (Dorado maybe? But not sure it is a relevant example). The whitepaper dramatically lacks any business planning numbers or any consistent information to be able to evaluate investment return
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder | Singapore Rated on Aug 9, 2018
5
4
4
11%
This is a pretty solid team makeup tackling a problem they appear to know very well. Good use case of blockchain to solve the current problem in freight. Interesting commercial viability which tends to be unseen, but can be a big market.
ICO Consultant | Influencer | Strategy and Vision Execution | Public Relations | Crypto-funds | Blockchain Development Lead Rated on Sep 26, 2018 Modified on Sep 26, 2018
4
3
4
11%
Great team of business and technology.
Solid whitepaper explaining concept clearly but business finance statistics missing which is very crucial for investors.
It seems they have just started posting Medium articles this month - few of them are good.
MVP is live product on Appstore which is good.
Entrepreneur | Data Analyst | Investor Relationship| ICO Marketing & ICO And Blockchain Consultant & Advisor Rated on Oct 11, 2018
5
4
4
10%
Solid Project.. Big Team with Experienced Advisory Board. KYC Done. Great Vision. Have MVP. Detailed WP. Wish them to get proper success.
Disclaimer: This is an independent review on the ICO and does not lead to investment advice. ICOs are risky, kindly do your own research before investment.
The LaneAxis Blockchain solution with building the transportation driver network with change the global Supply Chain cutting out massage cost that will impact cost savings all the way to individual consumers. I give this solution a 5 Star plus rating.
Lawyer & Director at Simon Zenios & Co LLC | Blockchain Legal Advisor | ICO | Law & Security Instructor at SGT Rated on Nov 19, 2018 Modified on Nov 19, 2018
4
4
3
7%
Pretty good concept and I think we need a good ICO that has to do with freight or transportation as their aren’t many successful ones. Looks like a solid project, that consists of an experienced team and a pretty reliable advisors team. The whitepaper and project so far has been detailed on everything but I think we need more insight on the financial status or progress up until recently, as this will help investors look towards this project.
Founder TOTS Rated on Sep 22, 2018 Modified on Feb 19, 2019
4
3
2
6%
Disclaimer: Rating and or commentary provided represents my own personal view and is not to be relied upon as advice. I am not a financial advisor nor am I registered in any jurisdiction with any financial services regulator. I provide no recommendations that any offering should be bought, sold or held. Before making financial decisions please undertake your own due diligence and consult a financial advisor.
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Filed patents around Real-Time Shipper-Carrier Optimization Platform
2
Q4 '2014
Started build team to build LA system
3
Q1 '15 to Q4 '15
System building and beta testing started
4
Q1 '2016
Sales meeting with major shippers
5
Q3 '2017
Launched Budbo.io, LA team assessing Blockchain for industry needs
6
Q1 '18
Budbo Pre-sale & Crowd sale
7
Q3 '2018
LA token site www.laneaxis.io, pre-sale & crowd sale
8
Q3 '2018
Crowd sale ends
9
Q1 '2019
Lane Axis launches marketing initiatives to build the community
10
Q1 '2019
First shippers added to network to start beta testing "find available capacity", beta testing "real-time tracking" etc
11
Q2 ’2020
First predictive load matching
12
Q1 '2020
LA Freight payment is pushed to network for immediate payment to carrier from the token
13
2019
Data sets pushed to block-chain: ETA prior load pick-up, verifiable arrivals, load confirmation, in-transit, etc
Insurance block-chain beta testing
Beta testing implemented for fuel token purchase inside the TC for discounts, rebates and rewards system
14
2020
First shipper to post load for bidding into the network
15
2021
First carrier to post available capacity into network
16
2022
First predictive analytic reports generate traffic patterns, road repairs, route improvements, etc
Global expansion
Block-chain smart contract push load manifest to automated truck for first real-time load with the LA block-chain solution
