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 is a foundation that aims to disrupt the container shipping industry through the creation of decentralized and open protocols, tools and utilities for exchange of shipment ownership (Bill of Lading) documents in logistics industry. With Smart B/L they will change todays physical (paper) proof of ownership used for claiming cargo at destination port with blockchain digital proof of ownership, making it more secure, instantly transferable , easier to archive and much cheaper than current (paper) solution. CargoX ecosystem will connect producers, importers, freight forwarders and other involved parties, saving them time and money while giving them high level of security, transparency and traceability.
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