IMMLA – ICO Detailed Information

Blockchain technology's impact on modern industries is huge, even if some of its use cases are still only theoretical. Still, the blockchain is seen as the next step in our technological evolution, and with it, it would be possible to revolutionize the world. Countless industries out there require changes to their technology, upgrades, or completely revamped methods of doing things. Without blockchain, this was either impossible, or extremely difficult to achieve due to older technologies' limitations.

The effects of blockchain are already clear when we take a look at the crypto industry, its fast evolution, as well as everything that it managed to achieve in the last two years, since going big. But that is still only one of many that blockchain can impact. This technology is quite close to the gaming industry, and the two are becoming closer and closer with each new project. Next, blockchain is also believed to be the solution that would improve the healthcare industry.

The technology used in healthcare is so old and outdated that it would be considered as such even if blockchain did not even exist. With the blockchain around, it is only a matter of time before it starts infiltrating healthcare and bringing major changes.

However, some industries already saw huge impacts thanks to this technology, and new projects that are solidifying the change keep emerging. That includes logistics, supply chains, transit, and alike, and one of the new projects that aim to help improve these areas is IMMLA.

About IMMLA

IMMLA, or International MultiModal Logistics Application, is a project that is working on creating multimodal deliveries service with decentralized control system of transportation, payments, and document flow. The ecosystem employs monitoring cargo damage during transit, time of delivery, as well as Dutch auction of carriers, in order to offer the best prices.

In addition, the project can also secure GPS-cargo monitoring, as well as insurance to make a safe and transparent delivery. Of course, IMMLA is also capable of handling the trust-sensitive parts of the service, and it does so through the use of Ethereum-based smart contracts.

This is designed to reduce the risks of unfair business practices, and even eliminate them completely, if possible. What's more, the project remains convinced that the spread of fast internet on transport routes and the use of blockchain technology are at the perfect level for IMMLA to be launched successfully. Of course, to do so, the project will also need its own cryptocurrency to power the ecosystem.

IMMLA ICO details

IMMLA did not release a lot of details regarding its upcoming token sale. In fact, even its date is currently unknown. However, it is known that the token will be known as IML, and that it is a utility developed on Ethereum network, which makes it another ERC-20 token.

It is also known that the project will only be accepting Ethereum coins in exchange for IML, and that 1 ETH will allow investors to purchase up to 5,200 IML. The Russia-based project has so far announced a bonus, but nothing other than that.

Author: Ali Raza for Crypto-Rating.com