IMMLA stands forÂ International MultiModal Logistic Application and its a decentralizedÂ multimodal logistics service with a p2p system forÂ transportation, documentÂ workflowÂ and payments.Â The mission of IMMLA project is a simple, clear and convenient interaction between the owner of cargo and the transporter on all stages of the freight transport.
Through the use of smart contracts, IMMLA is able to ensureÂ payment to the carrier regardless of its financial condition providing confidence and reliability.Â The terms of shipment, the current position of the cargo, its condition at the time of transfer of responsibility between carriers are recorded through the blockchain making the records 100% immutable.
IML are ERC20 Ethereum-based tokens and they represent ownership of the IMMLA platform. Tokens will also be used in the platform as a payment method. IMMLA alsoÂ redeems & burns tokens at the expense of 36% of transportation revenue.
IMMLA (IML) Features
Technology Specifics for IMMLA (IML)
IMMLA (IML) uses the N/A algorithm and relies on the N/A proof type.