ShipChain profile
ShipChain Profile (SHIP)
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Wed, Mar 20, 2024 9:00 PM

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ShipChain

token

Ethereum

The ShipChain platform is based on a simple, yet powerful solution called "Track and Trace." Our ecosystem will encompass all methods of freight, and will include an open API architecture that can integrate with existing freight management software. The ShipChain platform unifies shipment tracking on the Ethereum blockchain, using a sidechain to track individual encrypted geographic waypoints across each smart contract. With this system, the meaning of each cryptographic waypoint is only accessible for interpretation by the parties involved in the shipment itself. This gives shippers more visibility across their supply chain, and allows carriers to communicate with ease. Information about loads, geo waypoints, and other basic information is recorded and publicly validated within the sidechain. On the shipment's delivery and confirmation, the contract is completed and stored on the main blockchain.

Read more in the whitepaper:
  • Logistics
  • Supply Chain
  • Business Platform
  • Ethereum
  • Ethereum
  • no features
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SHIP
Community Ratings ShipChain SHIP

3.4/5

(15 reviews)
Ratings and reviews left by our members do not impact the profile score.
FU

Fuck John Monarch 4 years ago

We are days away from 2020 and thus far any and all Shipchain "progress" has led to more and more push backs. Shipchain was supposed to be taking in revenues for Shipchain Inc. since January 2019... Well if revenues are coming in, where are they going? It's a private company so that information legally doesn't need to be revealed; BUT how can Shipchain take in revenue without a working product? It should be impossible for Shipchain to take in revenues as there is no movement on the SHIP token (as the Mainnet is not finished) and supposedly the SHIP token powers the sidechain? No revenues incoming then right? Also, Shipchain has completely abandoned the SHIP token by Incorporating via a Delaware shell company creator similar to Mossack Fonseca and is now laundering the SHIP token to Switzerland to be ruled by a shell company (“the non-profit Foundation”) named Opensource. Looks like Shipchain is scamming even further for SEO as Opensource is a product of their competitor IBM. They're not even original with their illegal shell companies... There is ONE “unofficial” representative that continues Shipchain’s promoting and banning of investors that goes by many names: Niko, Nikolas, Shipmate, Rhitova, and many other social media personas. “Niko” hodl’s approximately 5 Million SHIP tokens, is the Owner of the “Unofficial Shipchain” Telegram account, is a Shipchain Node Operator, and now spends his days attempting to onboard “idiot investors” to gain more participation in the Shipchain scam. Niko’s continuous delusional thoughts (or scam persuasion) seems to be geared towards getting rich off the Shipchain token as he has no empathy for ICO investors and continues to degrade and ban them from the Telegram channel. Niko is riding John Monarch’s coat tail for fraudulent profit as he is in constant contact with John and puts a spin on direct information from John and Shipchain to keep an audience; but "Niko" should be careful as John may very well be using him as a scapegoat promoter. With all of "Niko's" participation and Shipchain promoting, how easy would it be to blame "Niko" for false perceptions... or is that the scheme in the first place? Something to think about anyway. With a ZERO balance on the comment boxes of Shipchain’s direct online blog, less than 150 Telegram members and extremely low comments on all other Shipchain social media (other than Niko’s “promoting”), it is easy to comprehend that Shipchain continues to sensor and remove all negative feedback; and there is MUCH negative feedback. Shipchain’s website also continues to list advisors that no longer work for Shipchain and advisors that have jumped to a competitor openly. Roger Crook has jumped to Morpheus (MRPH) which is a direct competitor of Shipchain. The Main Advisor "Shark", Kevin Harrington, has run away from Shipchain completely (more than likely to avoid being associated with a scam group). Of the few legitimate Shipchain advisors still on the payroll, a few are also advising blockchain companies that have recently come under investigation by the SEC and FBI only to fall apart completely and send angry investors to the chat dumpsters. So the reputable Advisors are gone, and the remaining Advisors are being paid to give business advice to proven fraudulent companies. Shipchain’s Mainnet and “The Foundation” are now rumored to be finished by the end of the first quarter 2020 (was supposed to be by the end of 2019, but that's a luxury John gets by using a scapegoat "unofficial" promoter) which will in turn get the ball rolling on the SHIP token. Meanwhile, logistic and blockchain competitors continue to surpass Shipchain’s “progress” and value each and every ticking day. In summary… John Monarch conducts fraudulent business. John was/is fraudulent with his company Direct Outbound, he’s fraudulent with Shipchain LLC and Shipchain Inc. and he’s committing White-Collar crimes right in the viewing pleasure of the SEC and FBI. John Monarch should be jailed, and any co-conspirators should go down with him. John and his scam crew have stolen millions from the American and Foreign Public. Who’s protecting these guys and why have they not been indicted already? Shipchain working Foundation and Mainnet launched by the end of Quarter 1 2020??? I’ll bet anyone 5 BTC that both get pushed back… on top of that another 5 BTC that Shipchain either performs a token swap or closes up shop due to “not enough sustainable business”. John and his crew are surely using the ICO funds to “work” (paying themselves fat salaries with investor's money) before Shipchain files bankruptcy. It will soon run out and all speculation will come to an end. File your SEC, FBI, and IC3 complaints now…
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SH

ShipChain Investor 4 years ago

ShipChain owes their investors an explanation as to the status of their token. Zero value, zero liquidity on exchanges, and no explanation from their management team or their CEO, John Monarch. Why hasn’t the IRS, FBI, or the SEC looked into this company yet? Hopefully something will happen soon.
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Shipchain is a scam 4 years ago

Advisors: Roger Crook - Gone Kevin Harrington - Gone Others: Gone The only "Advisors" left are either self-promoters/self-marketing guys or are also advising legally recognized crypto scams CTO Lee Bailey: GONE. I mean really? The head of tech no longer wants to be associated with a company that's supposed to be "revolutionary"? C'mon lol. Cherie: Gone - People loved her and the amount of support she brought to Shipchain was astounding. Progress: "Just wait longer, it's coming." If you aren't smart enough to recognize a conman/fraud continually pushing you off until they exit, you just may need a scam like this to teach you a low-cost lesson. John and Shipchain LOVE to use the phrase "legal framework". Well maybe if they started obeying the law and stopped committing theft/fraud they wouldn't have all this "legal framework" to work around. John Monarch and the Shipchain assholes have achieved major scam status via a dollar amount only, but these guys are so transparent it's saddening the FBI and SEC hasn't stepped in. What a shit show.
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TO

Token holder #183 4 years ago

I found this article a better read than most of the personal insults I read below. Not sure what's going on with these people nor how much of it is truly related to shipchain. A little apparently. https://medium.com/@shipmateFRnl/shipchain-scam-or-revolution-faq-f10fe2452e7a
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Alex 4 years ago

I tried to discuss the ship token in their Telegram, Reddit, and Twitter and was banned from all three. They even reported my accounts to get them suspended. Shipchain has to be scam. BUYER BEWARE
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3.4/5

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ShipChain News

  • ShipChain (SHIP): Does the Reward Outweigh the Risks?

    Sun, Jan 30, 2022 1:59 PM

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  • Is ShipChain (SHIP) a Bad Investment Thursday?

    Fri, Jan 21, 2022 9:10 AM

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  • Blockchain in Logistics Market to Develop New Growth Story ...

    Fri, Jan 7, 2022 6:28 PM

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  • 10 Use Cases of Blockchain in Supply Chain

    Tue, Jan 4, 2022 6:28 PM

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  • Blockchain in Logistics Market: Intense Competition but High ...

    Mon, Jan 3, 2022 6:28 PM

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