About
Discover what Bitpost is and how it works.
What is Bitpost?
Bitpost is a fully decentralized system for global parcel delivery.
It relies on unaffiliated individuals and businesses providing services in their local areas, such as transporting parcels with their own vehicles, running sorting hubs in their own facilities, or hosting parcel lockers on their own properties.
The Bitpost decentralized application (dApp) incentivizes network participants for their honest work and penalizes behavior that violates the protocol, allowing unfamiliar parties to securely exchange parcels entrusted by customers in a trustless environment.
By utilizing blockchain technology, smart contracts, and peer-to-peer communication, the system operates independently of any legal entity or centralized technical infrastructure, making it resistant to control or shutdown attempts.
Bitpost vs. traditional delivery
Parcel routing
Traditional courier companies passes all parcels through a centralized sorting facility, sometimes hundreds of kilometers off the shortest delivery path, significantly increasing delivery time.
Bitpost parcels travel along more direct routes, moving between nearby hubs and progressively getting closer to recipients. Off-course travel doesn’t slow down delivery.
Courier availability
Maintaining employees and a fleet of vehicles is costly for traditional courier companies, which usually results in only one courier operating per area.
Bitpost leverages a community model where any individual can deliver parcels using their own vehicle. Each area can have virtually unlimited couriers without generating any costs.
Departure frequency
A courier working for a traditional company departs on a single route once a day according to a fixed schedule. Shipments that miss this run are postponed until the next day.
Multiple Bitpost couriers can depart at various times throughout the day, depending on shipment volume, keeping the delivery flow continuous.
Working hours
Employees of traditional courier companies work standard business hours. Deliveries stop on Sundays and public holidays, and nighttime service is not available.
Bitpost network participants are free to choose their working hours. Some follow standard schedules, others take advantage of working nights or holidays, keeping deliveries running around the clock.
Network scalability
When shipment volume suddenly increases, traditional courier companies experience severe delays. Recruiting additional drivers takes time, so it’s only effective for predictable peak periods, such as the holiday gift rush.
Higher shipment volume creates greater earning opportunities for Bitpost couriers, encouraging new participants who can join immediately and mitigate delivery delays.
Network scalability
When shipment volume suddenly increases, traditional courier companies experience severe delays. Recruiting additional drivers takes time, so it’s only effective for predictable peak periods, such as the holiday gift rush.
Higher shipment volume creates greater earning opportunities for Bitpost couriers, encouraging new participants who can join immediately and mitigate delivery delays.
Tracking system
Traditional courier companies provide online tracking systems, but the information is limited to very basic status updates.
Shipment security
In a traditional courier company, any employee can freely assign any status to a shipment, creating room for mistakes and intentional abuse. The outcome of a complaint depends on the discretion of the person handling the case. Legal action against dishonest employees may take years.
Pricing model
Traditional courier companies have fixed pricing, usually based on the destination country and the size and weight of the package.
Privacy protection
Traditional courier services keep records of every shipment for many years, including personal data of senders and recipients. This information may be used for marketing purposes and provided to government authorities upon request.
Network scalability
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Governance
A traditional courier company has a typical corporate hierarchy, with a CEO, a board of directors, and regional managers overseeing the company’s operations. XXX
White Paper
Bitpost is a fully decentralized system for global parcel delivery. It relies on
unaffiliated individuals and businesses providing services in their local areas, such as
transporting parcels with their own vehicles, running sorting hubs in their own
facilities, or hosting parcel lockers on their own properties. The Bitpost decentralized
application (dApp) incentivizes network participants for their honest work and
penalizes behavior that violates the protocol, allowing unfamiliar parties to securely
exchange parcels entrusted by customers in a trustless environment. By utilizing
blockchain technology, smart contracts, and peer-to-peer communication, the system
operates independently of any legal entity or centralized technical infrastructure,
making it resistant to control or shutdown attempts.
Traditional delivery companies rely on central sorting facilities, where all shipments usually arrive once a day. Regardless of the distance between the sender and the recipient, a parcel shipped today will be delivered at least tomorrow.
Bitpost works very differently. Independent drivers can transport parcels between neighboring hubs even every few minutes, if there are enough parcels to make it profitable.
As the Bitpost network will grow up and gain popularity, the delivery time will continue to shorten and ultimately it should be only as long as it takes to physically cover the route between the sender and the recipient, without any waiting time for transportation, making Bitpost the fastest delivery method in the world.