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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on dKargo by Pedro O. Alvino M.

Revainrating 4 out of 5

Logistics service with blockchain technology.

Developed in order to create a more flexible logistics mechanism, dKargo offers a decentralized protocol in which it will allow a more transparent logistics service between participants and that they can receive incentives in DKA for contributing logistics data to the network.
With the help of blockchain protocols, smart contracts and a public ledger, it will design a logistics mechanism that centralized services have, since thanks to smart contract systems they allow a better security scheme in the field of payments to participants, and through the public ledger the logistics data will be stored, in which the participants will be able to view said data that cannot be manipulated or altered, thus exercising a decentralized mechanism that generates trust to users in the network.
As for the services proposed by the project, they promise to be encouraging, although there will be limits to their services in some countries since the use of cryptocurrencies is prohibited, in addition to the mechanisms offered by centralized services, they are the most preferred by consumers given the established time. in the market, therefore the acceptance time that the project will have will be due to the time and marketing exercised.



Pros
  • Eliminates the risks of data manipulation through blockchain-based protocols and smart contracts.
  • Network participants receive incentives for providing data on their freight and logistics service.
  • Stores logistics data in a public ledger.
  • Considerably reduces the cost of logistics services.
  • It has a transparent trading system for second-hand objects.
Cons
  • It will be difficult for the project to introduce these logistics mechanisms given the centralized superiority that the logistics market addresses.
  • When the DKA token is incorporated into the Ethereum network, the high costs of fees will limit the settlement of logistics services with the token.

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