Delegation functionality introduced

Dear CargoX Platform user,

We are pleased to inform you that we have implemented a new core functionality called “Delegation” on the CargoX Platform for Blockchain Document Transfer (BDT).

The new feature provides a company (principal) with a way to be represented by another company (representative) in the process of transferring ACI electronic documents on the CargoX Platform.

How delegating works

A principal can invite a company with a verified account from its contact list to become a representative and establish a delegation relationship. This relationship allows the representative to submit ACI filings on behalf of the principal. Please note:

• If a bidirectional relationship is needed, then the representative needs to invite the principal to accept the delegation relationship as well.

• A principal can have more than one representative, while representatives can also submit ACI filings on behalf of multiple principals (if they have been delegated). This feature only applies to ACI filing, and does not support sending individual trade documents.

• Two-level representation is not permitted – only the company designated by the principal can represent them, and cannot pass the delegation to another company.

• The principal can designate if the delegated company covers the cost of ACI filing. This can be changed later.

• Both companies need to have a verified account on the CargoX Platform.

• The two companies need to be connected on the platform through the Contact list.

• The principal can add documents for the ACID that had already been filed by the representative.

• The representative’s administrator can designate which users can process filings for the principal.

• Either of the two companies participating can terminate the delegation relationship at any time.

Please see the Delegations article in the CargoX Platform Help System for additional information and step-by-step instructions.