• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Nexo

Letstransport Could Decentralize Logistics in India, Bitcoin Payments Next?

Jp Buntinx by Jp Buntinx
7 years ago
in Bitcoin, Bitcoin Acceptance, Bitcoin Breaking News Brief, Bitcoin Service, Bitcoin Technology, Companies, News, News teaser, Services, Start-Ups, Technology
1
Advertisement

Transparency is playing an ever-important role in the daily lives of consumers, as well as businesses. More and more services are being offered in a decentralized nature, which increases the need for transparency even further. India, a country where e-commerce is booming, and Bitcoin adoption is on the rise, is trying to solve the logistics issue plaguing business in every corner of the nation.

Also read: Zebpay Making Headway in India

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Letstransport – Smooth Logistics With Transparent PricesBitcoinist_Letstransport Logisttics

Logistics is a nightmare for most businesses because they all rely on a central point of failure. Even though logistics is spread out over multiple truck drivers and cargo freighters, as soon as one of them breaks down, the company’s entire logistics network is affected. Especially in India, a country where e-commerce and at-home deliveries are on the rise, the logistics infrastructure needs a major overhaul.

Letstransport is a startup company looking to do exactly that, as they want to ensure smooth and frictionless last-mile delivery for businesses and individuals alike.Rather than relying on centralized logistic services, Letstransport wants to give their customers every available option to ensure timely delivery of goods.

To make this dream come true, Letstransport recently received US$1.3m in funding to roll out their infrastructure and hire additional personnel to take care of day-to-day operations. At the time of publication, Letstransport processed over 3,000 transactions on a monthly basis, and has a fleet of 100 vehicles at their disposal With the recent financial injection, both of these numbers are expected to increase by quite a margin in the next few years.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

One area of infrastructure Letstransport is currently focusing on comes in the form of distinguishing what type of industry requires their services. For example, there is a major difference in catering or construction, and both services have individual needs that need to be taken care of. Deploying the right type of truck with the right service is a key part for Letstransport to make their business a success.

Decentralizing Truck Deliveries and Accepting Bitcoin Payments?Bitcoinist_Letstransport Bitcoin

The business model presented by Letstransport opens the door for future decentralization of the entire service. Anyone who can drive a truck could, in theory at last, become an employee of Letstransport in the same way that Uber enlists its drivers. Decentralizing the way everyday things are done is beneficial to all parties involved, and will lead to far cheaper prices for the consumers.

Additionally, Bitcoin adoption is on a strong rise in India these past few months. Due to its low transaction fees and technology to provide financial services to underbanked nations, Bitcoin could gain mass adoption in India relatively soon. It would be in the best interest of startups such as Letstransport to consider enabled Bitcoin payments as an alternative payment method for services rendered.

What are your thoughts on the idea behind Letstransport, and could they benefit from accepting Bitcoin payments? Let us know in the comments below!

Source: TechCrunch

Images courtesy of Letstransport, Shutterstock and Consilium Global Business Advisors

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jp Buntinx

Jp Buntinx

JP Buntinx is a freelance Bitcoin writer and Bitcoin journalist for various digital currency news outlets around the world. In other notes, Jean-Pierre is an active member of the Belgian Bitcoin Association, and occasionally attends various Bitcoin Meetups in Ghent and Brussels

Related Posts

Bitcoin

Bitcoin Saw Largest Ever Monthly Withdrawal From Exchanges In June

10 hours ago
Tesla

Tesla Bitcoin Investment Dwindles By $440 Million As Crypto Winter Drags On

16 hours ago
Oslo Freedom Forum, Hong Fang screenshot

3 Lessons From The Oslo Freedom Forum: Bitcoin As A Tool – Mallers, Roem, Fang

18 hours ago
bitcoin miners

Head To Head: Bitcoin Miner Revenues Surpass Ethereum But There’s More

1 day ago
Warba Bank

Warba Bank Becomes 1st Islamic Lender To Enter The Metaverse

2 days ago
Sango, President Faustin-Archange Touadéra

The Central African Republic Unveils Sango Project, Disappoints The World

2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.