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dKargo (DKA) Price,Market Value,News

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What is dKargo (DKA)?

dKargo (DKA) is a blockchain-based platform that aims to revolutionize the logistics and supply chain industry. It provides a secure, transparent, and efficient platform for the movement of goods through the use of blockchain technology. In this article, we will take a closer look at dKargo, its history, purpose, technology, and its advantages and disadvantages.

History

dKargo was founded in 2019 by a team of logistics and blockchain experts led by CEO Charles Pyo. The team identified the inefficiencies and opacity of the traditional logistics industry and aimed to solve these problems through the use of blockchain technology. The project was funded through an Initial Coin Offering (ICO) in 2019, where they raised $30 million.

Purpose

The primary goal of dKargo is to streamline and improve the logistics and supply chain industry by providing a secure and transparent platform for the movement of goods. By leveraging blockchain technology, dKargo aims to create an ecosystem where shippers, carriers, and other stakeholders can interact and transact in a trustless and decentralized manner. The platform will also provide real-time tracking of goods and eliminate intermediaries, reducing costs and increasing efficiency.

Technology

dKargo utilizes a permissioned blockchain network based on the Hyperledger Fabric framework. The use of a permissioned network ensures that only authorized participants can access and update the ledger. The platform also uses smart contracts to automate and enforce the terms of agreements between shippers and carriers. The platform provides a decentralized system for tracking goods, which ensures transparency, security, and immutability of data.

Advantages

The use of blockchain technology provides several advantages to the logistics and supply chain industry. The dKargo platform aims to reduce costs by eliminating intermediaries, provide real-time tracking of goods, improve transparency and security, and automate the logistics process through the use of smart contracts. The platform also provides a decentralized platform for interactions between shippers, carriers, and other stakeholders, reducing the risk of fraud and improving trust.

Disadvantages

The use of blockchain technology also poses some challenges to the logistics and supply chain industry. The adoption of blockchain technology requires significant investment in infrastructure and technical expertise. The use of smart contracts also requires a clear understanding of legal and regulatory requirements. The adoption of blockchain technology may also face resistance from traditional players in the industry who may see it as a threat to their business.

Market Value

The current market value of dKargo (DKA) as of May 1, 2023, is $0.0021 USD, with a market capitalization of $45.7 million USD. The total supply of DKA tokens is 1 billion, with 21% of the tokens in circulation.

Conclusion

dKargo aims to revolutionize the logistics and supply chain industry through the use of blockchain technology. The platform provides a secure, transparent, and efficient platform for the movement of goods, reducing costs, increasing efficiency, and improving trust. Although the adoption of blockchain technology poses some challenges, the potential benefits of the dKargo platform cannot be ignored.

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About dKargo (DKA)

Contract

0x5dc60c4d5e75d22588fa17ffeb90a63e535efce0
Websitehttps://dkargo.io/main_en.html
ExplorersEtherscan,ethplorer
CommunityTwitter facebook
API idddeepbrain-chain

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