Reshaping the Future of Global Trade with the World’s First Blockchain Bill of Lading
CargoX is the independent supplier of blockchain-based Smart Bill of Lading (Smart B/L™) solutions.
Provide an extremely fast, safe, reliable, and cost-effective way to process Bills of Lading anywhere in the world. CargoX has developed a decentralised platform based on the Ethereum network, and has a pipeline of future products for the supply chain industry.
1st Ever Blockchain-Based Bill of Lading
The blockchain-based Bill of Lading developed by CargoX preserves all of the legacy features of paper B/Ls and takes them a step further with the benefits offered by the decentralised platform, including
security, cost reduction, and fast delivery.
Why a Blockchain-Based Bill of Lading?
Blockchain is a matter of Trust.
Blockchain has no central storage that can be attacked by hackers. Global Trade's most important document is encrypted and securely written on the blockchain network, accessible only via traders' private keys.
Ultra Fast Delivery
Just like sending an email.
Smart B/Ls™ are issued instantly and are immediately available to the exporter. When agreed upon conditions are met, the Smart B/L™ is transferred to the legal owner of goods – instantly, with no couriers in the middle.
Instant growth of positive working capital
Each paper B/L changes hands at least three times, with couriers making it extremely expensive and slow. The average cost to send a B/L three times is around $100. Our solution saves shippers and consignees up to 100% of their courier and postal costs.
Tracking & Storing
Every transaction is traceable. The sequence of events is clearly defined and forever written on the blockchain. Your Smart B/L™ is securely stored in an immutable database.