CargoX introduces blockchain-based Smart B/L documents, replacing traditional paper Bill of Lading documents, to revolutionize the international logistics industry. Users can now state and transfer cargo ownership rights without the hassle of handling paper thanks to the Smart B/L.
CargoX will secure Bill of Lading documents through the blockchain technology to disrupt the International shipping industry and provide a way for exporters and importers to alter those documents securely, virtually, and without counterfeit in a public environment.
CargoX wishes to transform the container shipping industry by developing open and decentralized protocols, utilities, and tools for the exchange of shipment ownership or Bill of Lading documents in the logistics industry.
CargoX will change the present physical or paper proof of ownership used for claiming cargo at the destination port through the Smart B/L. It will leverage blockchain-assisted digital evidence of property to make it instantly transferable, more inexpensive compared to the traditional paper solution, more comfortable to archive, and more secure.
Importers, producers, freight forwarders and other parties involved will be brought together by CargoX to a well-balanced ecosystem based on frictionless and trust interactions. It will offer devices for apparent exchange of documents to address the top three pain points and problems of the logistics industry which are transparency, security, and traceability. Moreover, it will make it less time consuming and cheaper.
|Dates||2017-12-20 – 2018-02-01|
|Price||1 ETH = 10,000 CXO|
|Soft Cap||1,500,000 USD|
|Hard Cap||7,000,000 USD|