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CargoX

Global trade on the blockchain

CargoX aims to disrupt the global logistics industry by introducing Smart B/L documents based on blockchain technology, replacing old-style paper Bill of Lading documents. With the Smart B/L users will be able to state and transfer cargo ownership rights without the hassle of handling paper.

3.7
6 5 expert ratings
Benchy 3.5
Experts
4.0
4.0
3.9
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~$6,766,164
value of tokens sold in ICO
Ended
Token
CXO
Price in ICO
1 ETH = 10,000 CXO
Country
preICO start
20th Dec 2017
preICO end
10th Jan 2018
ICO start
23rd Jan 2018
ICO end
4th Mar 2018
More on ICO
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About CargoX

CargoX will transform the global shipping industry by securing “Bill of Lading” documents using blockchain technology, thus providing a way for importers and exporters to exchange those documents digitally, securely and without counterfeit in an open environment.

CargoX aims to disrupt the container shipping industry through the creation of decentralised and open protocols, tools and utilities for the exchange of shipment ownership (Bill of Lading) documents in the logistics industry.

With Smart B/L we will change today's physical (paper) proof of ownership used for claiming cargo at the destination port with blockchain-assisted digital proof of ownership, making it more secure, instantly transferable, easier to archive and massively cheaper than the current (paper) solution.

CargoX will connect producers, importers, freight forwarders and other involved parties in a well-balanced ecosystem based on trust and frictionless interactions, providing tools for seemingless exchange of documents, saving them time and money while giving them a high level of security, transparency and traceability–the logistics industry’s top three pain points and problems.

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