The document discusses a proposed solution to reduce cargo damage by incentivizing cargo handlers to carefully handle shipments. The solution would transform cargo handlers into "Cargo Angels" by giving them a financial stake in on-time deliveries, making them responsible for real-time visibility updates, and warning them about shipments needing special care. This would be achieved through a mobile app, smart contracts, and token-based micro-payments to handlers for good performance. The proposal forecasts growing revenue from transaction fees on protection payments and token conversions.
5. Root Cause
Damage due to
human error
during manual
handling of the
cargo (1st cause)
11%
Opportunity
Damage that can
be AVOIDED!
70%
Damage
Annual cost of
8 Billion
EURO
(2017 Report)
4%
China
54%
France
24%
Germany, Italy, Spain
& UK same %´s
13%
IN FIGURES INSURANCE
CHALLENGES
6. Solution to engage cargo handlers to become “CARGO
ANGELS” through an economical incentive plan to care for
the shipments handled, and to provide detailed visibility data.
7. 3 STEPSTOTRANSFORM ORDINARY
CARGO HANDLERS INTO CARGO ANGELS
1. Give cargo handlers
financial stake in the
successful and on-
time delivery
2. Make cargo handlers
into real-time
visibility gateways by
paying them for
cargo data updates
3. Warn cargo handlers
when nearby shipment is
in danger or needs
sensitive handling so they
could actively prevent
damage
BEHAVIORAL
ENGINEERING
8. INCENTIVISE CARGO HANDLERS WITH
FINANCIAL STAKE
1. Link shipments to angels
with QR code during
journey, and optionally
add inexpensive digital
twins for condition
monitoring of sensitive
goods.
2. Allow handlers to
receive immediate and
conditional incentives
in return for uploading
real-time visibility data
and for nice handling.
3. Convert incentives
to cash upon on-
time & in-quality
cargo delivery.
TIPPING WITH
MICROPAYMENTS
9. MILESTONES
AND ROADMAP
Q1 2019 Prototype started during blockchain
hackathon in Groningen withTVM
cargo insurance
Q2 2019
Raising seed round of 250k
Euro to execute 2 POCs
Q3 2019
July - MVP Ready (HW, mobile app,
smart contracts, insurance dashboard)
Q4 2019 Market Launch
10. Two major revenue streams
Transaction fee (enforced by smart contract) as a
% from every damage protection amount issued.
Token-to-fiat conversion fee for cargo angels to
cash out accumulated funds.
MONETIZATION REVENUE MODEL
12. CORETEAM
Lola Rebollo
CEO
Engineer, Manager, Consultant, Business
Angel. Former GM at 3T Logistics.
Experienced in complex operations in
multinational companies, cross-sector,
logistics. European Independent
Evaluator for technical projects in the
fields of Energy, Mobility, Security and
Transportation for the EU.
Iva Rakocevic
Business Development
Investment professional with extensive
international and cross-functional experience
in CEE market. Over 10 years’ experience in
advising both early stage and mature
companies in their strategic decision-making,
business development as well as fundraising.
Former PwC Associate. Venture Partner at
various VCs and Multi Family Offices
Peter Kolarov
CTO
Serial entrepreneur, sold two previous
companies, spend past 15 years
architecting, developing and selling
cyber security to global customers in
finance. Innovator, product developer
and architect with valuable business
and domain experience.
13. ADVISORY BOARD
Ivona Skultetyova
Legal support
Lecturer at Business Law
Department, Tilburg
University. Member of EU
Blockchain Observatory and
Forum. Founder of EHLinc
incubator.
Marcos Boskamp
Financial services
Senior Executive Vice President
for Siemens Capital Middle East
Ltd.; Development of Strategic
Projects
Ernst Antensteiner
Business development &
PM consulting
Founder Resulting Plus – cof
omplex IT project management
firm with HQ in Vienna.
Thomas van Noort
Digital Executive
Senior Executive at TVM Cargo
Insurance company responsible
for marketing and new product
management. (TBC)