[Prime's documents]
Vessel carried 3,000 tons from Rostov to Samsun in December.
– Bloomberg
Throughout the last century the shipping industry has seen a general trend of increases in total trade volume. Increasing industrialization and the liberalization of national economies have fueled free trade and a growing demand for consumer products.
We are developing the cross-border blockchain powered payment system for marine shipping industry that's easier and faster than what's available now, disrupting the way B2B payments are handled.
1.Prime Payment System
Next-generation processing service for settling instant transactions based on blockchain. Prime Payment service uses the same name as the currency token PRIME, created on the basis of the Ethereum ERC20 standard.
2.Prime Crypto Bank
Prime Crypto Bank will be free to open accounts for entrepreneurs of PRIME token. The bank will also work with the EUR / USD, so organizations can conduct business using the fiat settlements (settlement and cash services) only within one bank.
3.Prime Exchange
Developed for the exchange of USD, EUR, BTC, ETH into PRIME and back. Other popular fiat currency and cryptocurrency pairs will be implemented in the future.
4.Prime Shipping Platform
Matching engine to pair "cargo and carrier" and applying the mechanism of smart contracts for processing escrow in a distributed registry. Each smart contract will store the characteristics of the transaction: the number of PRIME tokens, destination, origin, type of cargo, tonnage, date of shipment.
5.Prime Investment Fund
For investors interested in a passive income with minimal risk, and for storing raised during ICO fiat funds is planned to create an automated hedge fund.
World's first payment system for business customers, small and big corporations, participating in the marine shipping market. Our payment provider uses our own cryptocurrency PRIME and integrates with our crypto bank and exchange.
Our goal is to create an international B2B payment ecosystem for shipping.
[Say "Goodbye" to slow and expensive transactions and welcome to the future of B2B payments]
Stop paying banks for using you money
Don't wait a week for payment
Transfers of funds between participants in the supply chain may not reach the addressee, and thus be returned to the sender. The delay in crediting funds to beneficiaries' accounts, even under the most favorable conditions, can reach an excess of 20 days.
Don't pay 1% for comission
Even a single transaction through partner banks can reach several hundred dollars. Multiplying with a large number of transactions, significantly affects the margins of companies.
Don't suffer from outdated software
More than 50% of bank use a software from 90's. 34% of banks don't have any mobile apps. 22% don't have online-banking.
Don't worry about your business
Delays in transactions form cash-flow gaps in business and threaten the company.
Instant payments
We provide instant payments, regardless of the jurisdiction of the company participating in the transaction. Instant conversion of PRIME tokens with the USD and other currencies.
Don't pay 1% for comission
Even a single transaction through partner banks can reach several hundred dollars. Multiplying with a large number of transactions, significantly affects the margins of companies.
Don't suffer from outdated software
More than 50% of bank use a software from 90's. 34% of banks don't have any mobile apps. 22% don't have online-banking.
Don't worry about your business
Delays in transactions form cash-flow gaps in business and threaten the company.
Instant payments
We provide instant payments, regardless of the jurisdiction of the company participating in the transaction. Instant conversion of PRIME tokens with the USD and other currencies.
[Cost effective]
Transaction fee will be less than $1. Our payment system is the most efficient way to transfer money or settle contracts.
User friendly software
Intuitive and simple interface of online/mobile banking solutions for web, iOS and Android users.
Tailored for business
We make strongly B2B product just for business customers. In our ecosystem we provide all services that shipping business needs.
[PRIME token]
The system platform uses Ethereum ERC 20. PRIME token will be used as the primary and only currency for payment within Prime Payment system. The token uses the Ethereum network for deployment and subsequent operations.
Smart contract of PRIME token
http://github.com
Prime Shipping Foundation started with the vision of a technology-driven B2B payment processing which can provide B2B payments with significantly less overhead in the shipping industry. All our products are based on the cloud and store relevant data in blockchain. We provide online services with an interface via modern web & mobile apps. Designed for typical users and businessmen, not for tech geeks.
https://tge.primeshipping.io/auth/sign-up
[Token generation event]
2,100,000,000 PRIME tokens can be sold
for $150,000,000 in total
Q1 - Q2 2016
Establishment of core freight related processes. Concept development of ship pairing system to act as agent for freight
Q3 - Q4 2016
Concept development of ship pairing system to act as agent for freight. Establishment of internationally acting freight brokerage company.
Q1 - Q2 2017
Establishment of an automatic vessel tracking system based on AIS. Establishment of internationally acting freight brokerage company.
Q3 - Q4 2017
Core concept development, prephase of PSF.
First Cryptocurrency Freight Deal Takes Russian Wheat to Turkey.
Q1-Q2 2018
preTGE smart contract development, white paper and white list. Launch of private sale. Start of product development.
Private sale, roadshow preparation.
Q3 2018
Start of Roadshow, bounty campaign and building community.
Sep. 15 2018 - Oct. 1 2018
Preliminary Token Generation Event (PreTGE).
Nov. 1 2018 - Dec. 1 2018
Main Token Generation Event (TGE).
Q1-Q3 2019
Closed beta of Prime Payment system. Opening а Prime Investment Fund. Setting up a new office in Zug for a Fund and Crypto Bank. Filling Prime Payment System with 100 of verified B2B users. Opening an additional development department for covering needs of Prime Exchange and Prime Crypto Bank.
Q3 2019 – Q3 2020
Working on Prime Crypto Bank. Opening a sales office in Hong Kong and Dubai. Release of stable token. Starting department for a Prime Freight Platform. Closed beta of crypto exchange.
Q4 2020 - Q3 2021
Public beta of Prime Exchange and Prime Freight Platform. Stable release of Prime payment. Up to 500 of verified B2B users. Opening sales offices in US, KSA and South Africa. Additional 3000 users from foreign offices.
[Meet the team]
Quorum Capital Ltd, Gibraltar.
International Commodity Trading company enjoying a high level of reputation and integrity within the cash commodity market. The venture was founded in 2017 with its turnover in value of the goods in Q3-Q4 2017 already exceeding 180 Million USD.
An internationally recognized freight operator founded by a team of professionals with over 15 years of experience in shipping and supply-chain management. Annual physically moved tonnage exceeds 500.000 Metric Tons.
[Partners]
Here is the information that I present to you in finding information and knowing the PRIME project currently being run by their team, if there is any error in explaining this article, do not worry, I have written to get accurate information. Information and of course you will be able to speak directly with or their team, at the link.
For more information and join PRIME social media today please follow these guidelines:
Web site: https://www.primeshipping.io/
thread on Bitcointalk - https://bitcointalk.org/index.php?topic=4465355.0;
BOUNTY thread on Bitcointalk - https://bitcointalk.org/index.php?topic=4474751.0
Whitepaper: https://goo.gl/cpYj1d
Facebook: https://www.facebook.com/primeshipping.io
Twitter: https://twitter.com/TradingCBOT
Linkedin: https://www.linkedin.com/company/the-prime-shipping-foundation
Telegram channel: https://t.me/psf_channel
Telegram chat: https://t.me/psf_chat
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
Eth : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576
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