IN THE MEDIA
"Paket is developing a trustless, secure, and global network for parcel deliveries using its native BUL token."
It will bring connectivity to a fragmented market." TechWorm
PAKET answers a similar need - transferring goods in a decentralized manner. We see this as an opportunity to resolve a real-world problem using the principals of blockchain technology in their purest form: a genuine way to exchange physical value between people, without any central authority managing the process and taking a significant commission.
Truly Decentralized and Open
Because an efficient system is one that lets every part do what it does best, and because everybody stands to win from a decentralized way of transporting goods. The PAKET platform is open to everybody, doesn't take any commission, and is fully transparent. The PAKET Project does not raise funds by selling equity or shares, and the only way to support the system is by using the network and becoming a part of it - buying, using, and earning BUL tokens.
Why we chose Stellar
Because the Stellar network, which connects payments, systems and people, can move value quickly, reliably, securely, and at almost no cost. It is a perfect match for our need for a low friction transactional layer. We chose Stellar as our initial consensus layer for its level-headedness, its blazingly fast transaction rate, and its extremely low fees. From all the mature distributed ledger platforms currently active in the market, Stellar was the obvious decision for us. Read more about Stellar here.
Open and Free Protocol
The PAKET Protocol establishes trust and enables the cooperation between multiple parties on the safe and timely delivery of goods. For modularity and robustness, the protocol is divided into the following layers:
- L0 (Trust) – establishes a decentralized consensus regarding the conditional transfer of value, as well as an inspectable, immutable history of that consensus.
- L1 (Token) – defines the cryptographic token and the smart contracts which govern its behaviour.
- L2 (Route) – matches requirements of senders with capacity and cost of couriers, while providing a detailed and highly contextualized view into the supply and demand of the market.
- L3 (Application) – consolidates tools and applications that allow simple and intuitive participation in the network.
- L4 (Organization) – builds organizations and services that thrive in the PAKET ecosystem and enrich it.
Uber and Airbnb are disrupting entire industries. They represent the spreading collaborative, on-demand, peer-to-peer economy that is changing the way of doing business. The PAKET platform brings the sharing economy into the delivery industry by exposing worldwide supply and demand. Real-time data communication and tracking, delivery insurance and advanced routing techniques are just a small part of what this platform has to offer.
Optimizing delivery routes will significantly reduce the amount of energy spent < and of fossil fuels burned. We can reduce the global carbon footprint just by moving last mile deliveries from fleets of trucks to local couriers on bicycles, or even to people carrying packages on the way, as part of their daily routine.
Millions of people worldwide are members of online marketplaces for the exchange of goods. A key problem for these communities is transporting the goods, and the lack of trust between strangers is a huge obstacle for real P2P trade. Small online retailers face similar challenges as they lack the means to compete with industry giants in terms of logistics. With the PAKET platform, these problems become a thing of the past.
The Un-Commerced Majority
Citizens of the so-called first world often complain about the inefficiencies, limitations, and high cost of modern deliveries, but often forget that in most of the world reliable deliveries are not even an option. The PAKET ecosystem changes all that, providing global coverage wherever demand exists, solving a very real problem for a huge number of people, and finally providing a reliable trusted delivery service to an untapped market of staggering proportions.
Many people support the project in different ways. The team members listed are only those that have The PAKET Project as their main occupation.
While we are very grateful to the many respected individuals that helped us along the way, we are particularly grateful to the following industry leaders for signing an official endorsement of the PAKET Project.
Chairman at Simplex.com
Co-Founder at Wings.ai
Co-Founder at Wings.ai
President of DAGlabs
Founder of Saga Foundation