Yes but you're quoting from the About Yojee which is not something that is frequently updated
About Yojee Limited (ASX: YOJ). Yojee is a cloud based (SaaS) logistics platform that seamlessly and uniquely manages, tracks and optimises freight movements along the entire logistics chain, from sender to end customer, across borders and between logistics providers (land, sea, air), with subcontractors and for multi-leg journeys. Rarely is a single carrier servicing an entire goods journey from sender to end customer, or exclusively using one type of transportation method. Yojee ensures connectivity and more efficient planning along the entire journey. Yojee’s customers are predominantly third-party logistics providers (3PL) and logistics subcontractors benefit from: 1. Managing, Tracking and Auditing goods movements. All job and location data is made easily accessible and can be shared with up and down stream providers end to end. Customers experience improved delivery windows. 2. Route and schedule optimisation. Tracking data allows 2PL and 3PL operators to generate cost savings through Yojee’s powerful optimisation capability across vehicle selection, utilisation and routing. Yojee’s solution is flexible and integrates seamlessly through API’s into existing logistics provider systems to access and share key data across part or all of the goods journey. The more segments that use Yojee, the more powerful it becomes. Yojee’s business is focused on Asia and is expanding rapidly. Yojee’s platform has evolved through recent technological developments in cloud-based computing and information processing capability. Future steps now under development will see Yojee further advance logistics its connectivity and route optimisation through distributed ledger blockchain technology. This will see smart information access and activation, providing logistics companies and agencies information such as location, size and weight data, and customs requirements, that is timely, contextually accessible and highly secure.
Future steps under development but the proceeds for the SPP is not going to blockchain:
Proceeds from this SPP and recently completed Placement will be used to further build out Asia Pacific and international marketplaces, increase leadership in the Company’s industry leading smart technologies such as artificial intelligence and logistics network interconnectivity as well as expand geographical sales presence to capitalise on opportunities and fast track customer adoption & transaction volumes as well as for administration and general working capital purposes. The Company has a strong pipeline across multi-nationals, channel partners, national leaders and, small and medium enterprises
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