Israel-based IoT solutions provider Loginno unveiled a plan to form the world’s first digital shipping company. Under its initiative ‘Contopia Factor’, the startup will select one organization to have its entire container fleet digitalized in 2019.
Namely, TCF, ‘The Contopia Factor’ is a term used to describe a world where every shipping container is real-time IoT connected.
Dr Rami Pugatch, one of the leading researchers at the department of industrial engineering and management at BGU, highlighted that some cases include an onboard scale-less weight measurement, the development of a ‘Cyber Seal’ certificate to replace a container’s physical seal and in other cases operational optimization, supply chain management, smart cargo insurance and frictionless borders on countries.
Moreover, according to Nir Gartzman, co-founder of theDOCK, the creation of Contopia will provide the shipping company with advantages, by lowering operational costs and gaining competitive benefits. He continued claiming that via Contopia the customers will have upgraded services.
Also, theDOCK belongs to the group of Contopia collaboration.
Concluding, during the timeframe of six months, shipping companies of medium and small size will get the opportunity to submit a summary, giving details on what they’re plans will be if selected to equip the entire fleet with Loginno’s TCF. A panel of industry leaders will, then, opt the one to use the TCF.