ℹ️Introduction

Virtual Robot CEO; It is a blockchain-based logistics transportation platform that reduces the margin of error to zero and saves time thanks to AI technology.

Via the Virtual Robot CEO application, users can send or receive their cargo faster and more accurately using the AIRobotCEO utility token. The application also provides the possibility to share the coordinates of the cargo every minute. Cargo status check is provided with very small amounts of AIRobotCEO tokens and all proceeds are used to burn AIRobotCEO. This is how AlRobotCEO’s deflationary structure works for the benefit of the ecosystem.

The global logistics market is expected to grow from USD 9.9 trillion in 2018 to USD 15.5 trillion by 2024, registering a compound annual growth rate (CAGR) of 7.5%. Many changes are taking place in the industry as the market is witnessing substantial growth in an ever-changing business environment. For example, the industry landscape is shifting from B2B based industrial structure towards B2C and C2C structure, due to the increasing growth of the e-commerce market. Cross-border trade is surging, thanks to the globalization of technology. On-demand solutions have expanded to offer various logistics services to customers and now, customer’s expectations are higher than ever before. Such changes in the market have translated into a demand for flexible logistics services: faster delivery reaching customers anytime, anywhere at a reasonable cost regardless of the logistics companies’ business cycles.

Incumbents failed to meet the needs of flexible services Despite the growing demand for more flexible and efficient logistics services, many logistics companies are struggling to keep pace with rapidly changing customer demands. Customers are now looking for local, real-time, and personalized deliveries. However, the market currently relies on the hub-and-spoke model where individual shipments are hauled from regional warehouses to a central shipping hub where they are sorted and bundled. Under this model, it is difficult to meet customer demands. Inflexible logistics services can trigger other challenges in different business environments. For example, logistics service providers in rural areas have less freight traffic and are likely to deliver one or two goods to the delivery destination. On the other hand, in urban areas where delivery destinations are concentrated, excessive traffic leads to inefficient deliveries.