Amphorium price

AMH

*Logistics erase borders between countries and unites the whole world into a single organism. Though, increased conservatism prevents this industry from developing. As a result, many problems that can be eliminated using the blockchain remain unresolved: up to 45% of the delivery cost are payments for intermediary services: there is a language barrier, due to which up to 10% of documents for sea cargo are translated incorrectly. Thus, courts around the world freeze $ 140 billion annually pending a lawsuit that can take years. These are just a few of the most obvious problems. The Amphorium ecosystem creates a blockchain that transforms all logistics processes and makes them completely safe and transparent at all levels. Due to decentralization and the use of zero-knowledge proofs, the data of each user is reliably protected, and the speed of processing documents, customs declaration, and certification of goods will significantly increase. In Amphorium, all document flow is digital, with the use of EDS, thanks to which each signed document has legal force in any country in the world. Amphorium logistics is useful for a wide range of users, but first of all, we focus on end-users –average citizens and enable them to send and receive parcels all over the world. Quickly. Safely. Economy-priced. Here's how we do it. Amphorium provides users with a listing of all postal and insurance companies integrated into the blockchain via API. This guarantees the relevance of the presented tariffs at any time. As a result, a person will be able to choose the most acceptable conditions for himself in terms of price and timing. He can also arrange the delivery of goods without leaving the DApp. By virtue of the capabilities of blockchain technology, the processing speed of such applications and the cost of transactions are minimal. After sending the parcel, Amphorium monitors its status in real-time and allows the sender and the recipient to control, if necessary, its location and conditions of detention - temperature, humidity, etc.*

*The Amphorium cryptocurrency (AMH) was created to support the internal economy in the Amphorium ecosystem. It is used for all transactions within the blockchain. So far, the network provides 3 types of payments: for delivery; for insurance;
for the goods — in the case of sending parcels by cash on delivery.*

*Transactions within the same blockchain are processed almost instantly and are much cheaper than traditional money transfers. The difference in speed and commission size is especially noticeable in cases where the sender and the recipient are located in different countries, under different jurisdictions. Through decentralization, Amphorium creates an environment conducive to honest business and cargo transportation. At this point, to prevent fraud shipments, the parties can use only two tools. First is cash on delivery, for which you need to pay an impressive amount to the carrier company. The second is a legal contract - when it comes to large shipments, which is also associated with additional costs of time and money. Additionally, in case of problems, lengthy legal proceedings may begin, during which money and goods will be frozen. Amphorium blockchain offers a new perspective on the problem of trust between parties and solves it using Smart Contract technology. At the time of sending the goods, the amount of cash on delivery is frozen inside the algorithm with specific conditions agreed by the parties, and then paid to the sender or returned to the recipient, at the time of confirmation of receipt of the goods. The execution of a smart contract is independent of third parties, and its terms cannot be changed or edited, which makes every transaction within Amphorium fair, transparent and secure. With the help of smart contracts, you can exchange almost any asset, including goods, money, real estate, and securities. Tokenomics: how many AMH coins will be in circulation? The total emission of AMH tokens will be 1,000,000,000 coins. This will be enough to create a favorable economic environment within the Amphorium ecosystem by the time of launch and later on. To meet the demand of investors, Amphorium will hold two investment rounds, within which 30% of the total amount of tokens will be sold: Seed Investors: 10%
Private Sale: 20%
The remaining coins will be partially sent to the ecosystem, distributed between the development team and invited experts.*

The Amphorium ecosystem is being developed by a team of crypto-optimists who are creating a bridge between logistics and blockchain technology. In order to better understand the difficulties of the industry and ways to solve them using decentralized technologies, independent experts were hired to work on the project.

*Amphorium is the world's first blockchain to simplify documentation and payment for logistics services. It helps the industry to develop technically without affecting the internal business processes of individual logistics companies. The Amphorium blockchain uses the Proof of Stake and Proof of Transfer consensus mechanisms. zk-SNARKs and zk-STARKs zero-knowledge cryptographic protocols are used to maintain the confidentiality of the personal data of each network participant.*

*The zk-SNARKS protocols are fundamentally changing the concept of how data is exchanged. They open up the ability to verify the validity of data, leaving it encrypted. For example, using zk-SNARKS, one person can prove to another that his or her statement is true without revealing absolutely no data outside the scope of that statement. Such proofs have a minimum size - only 1 bit, in which only one value is encrypted: true or false. Consequently, zk-SNARKS protocols are processed much faster than conventional cryptocurrency transactions and do not overload the network. Zk-SNARKs is computationally based. This means that the chances of cheating such a system are minimized and require colossal amounts of computing power. At the moment, the chances of breaking the protocol are only in theory. ZK-STARK is an alternative to zk-SNARK. It is a faster and cheaper implementation of the same technology. In addition, ZK-STARK eliminates the theoretical risks associated with a potential zk-SNARK vulnerability.*

*Amphorium developers plan to scale the blockchain by introducing new smart contracts and dApps that can be modified and improved by any network user. In fact, it is planned to launch the Amphorium dApps Store - an application store on the Amphorium blockchain. DApps have a number of advantages over conventional applications: They are decentralized, which means they are transparent and do not have a single point of failure.
They do not have a life cycle and work as long as there is at least one user on the network. Are open-source. This means that the application can be improved by other users.
No censorship — the decentralized application obeys only the blockchain rules approved by the community. Lack of hidden functions, including the collection of personal data of users.*

The use of blockchain technology in the field of logistics is a promising and in-demand direction that allows increasing the efficiency of international transportation. Amphorium logistics performs several important tasks at once: it reduces the cost of transportation, eliminates data falsification and fraud, eliminates unnecessary intermediaries in the supply chain, and reduces the time spent on document management.