Published
2 years ago on
August 12, 2021
Table of Contents
The development of Artificial Intelligence and Machine Learning has optimized the architecture of several tech-based industries to previously unimaginable levels. AI and ML have reduced human error exponentially and streamlined the process, helping industries to save millions of dollars.
AI is capable of understanding the complex nature and workflow of a machine and automating the entire process without any scope of error. Naturally, every industry has been enticed by this revolutionary technology and incorporated it into their workflow to gain a competitive edge.
LaneAxis, a disruptive brokerless freight management platform, uses AI and blockchain technology to improve the lives of shippers and truckers. LaneAxis offers a revolutionary platform that allows shippers and drivers to interact directly and eliminate the intermediaries and the gatekeepers. The platform is made accessible using its FreightVISION app that allows easy shipment tracking, access to AI collected databases, payment medium, etc.
AXIS Token by LaneAxis
LaneAxis has quickly become popular as the best freight management platform powered by blockchain and AI because of its several use cases and easy-to-use interface. The platform aims to rectify the inefficiency of the existing freight industry in the US with the help of blockchain.
AXIS token, the utility token of LaneAxis, achieves this feat by giving access to the large database collected by LaneAxis using AI, which includes information about shippers, truckers, and third parties such as insurance companies. LaneAxis also simplifies real-time tracking, getting regulatory compliance, etc.
AI plays an integral role in the underlying protocol of LaneAxis as well as the AXIS token. It empowers the AXIS token to offer its unique use cases such as:
Offering Collected Data and Information Economy
LaneAxis has created the most valuable database in the freight industry that includes route information, delivery times, dock delays, and traffic congestions using AI. LaneAxis users can access this data partly or completely by paying for it using the AXIS token. This data can be extremely helpful for different industries and is a valuable asset for LaneAxis.
Redistribution of Value
As LaneAxis is a brokerless platform, it cuts down the intermediary fees and collects valuable information about the truckers and shippers previously stored by the gatekeepers. This data can be redistributed to the token holders using a dividend-like model.
Incentivizing Participation
AI helps to automate the process and create a simplified platform where shippers and carriers can interact. This advantage of LaneAxis attracts more and more users to the platform. As these users have to use AXIS to access services offered by LaneAxis, AI plays an important role in the growth of the token.
Payment Mechanism
LaneAxis uses a built-in payment mechanism that is driven by an internal stable coin design and AI. This mechanism limits the involvement of intermediaries, and all the pirates involved receive better profits and ROIs. The AXIS token is the primary mode of transaction for all use cases offered by LaneAxis and offers additional rewards using staking.
Future Decentralized Finance Applications
AI, blockchain, and AXIS Token will be the three pillars on which all future applications will be built.
AI has helped several industries, and LaneAxis is one of the first platforms to bring this technology to one of the largest industries in the world. LaneAxis is helping to optimize the entire flow of the freight industry. For more information about the project, visit https://laneaxis.com/.
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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