Home
Why CargoX Platform
Videos
Request a demo
Menu

CargoX becomes the first public blockchain (Ethereum) Bill of Lading provider approved by the International Group of P&I Clubs

Feb. 20, 2020, 8 a.m.

(Ljubljana, 20 February 2020) - CargoX, the provider of the CargoX Smart B/L document transfer platform, has been granted prestigious approval by the International Group of P&I Clubs. It has become the only approved provider whose platform operates using the neutral, public blockchain Ethereum network.

The International Group of P&I Clubs (the IG) is an unincorporated association of the 13 principal underwriting Protection & Indemnity (P&I) Associations, which between them provide liability cover for approximately 90% of the world's ocean-going tonnage. 

“The mutual club system has proved itself resilient and responsive for over 120 years. Future-proofing the group is not a novel concept, but it will be a key focus within the group going forward, and whilst looking ahead, the only certainty is uncertainty, the group, and its member clubs will be there to deliver the necessary solutions for their shipowners and to protect third-party interests,” emphasized Mr. Paul Jennings, Chairperson of the IG P&I in the group annual review.

The approval is a historic milestone for CargoX. The CargoX blockchain document transfer (BDT) platform is on a mission to build trust in a trustless internet environment. It uses the advanced cryptographic features of the Ethereum network for original document creation, document ownership transfer, audit trail provisions, privacy, and business confidentiality assurance, and document and transaction immutability. 

The solution incorporates and upgrades usability concepts of email and banking transactions, and it effectively provides services that are far superior to courier document transfer. 

Additional info: 

* About the IG P&I
Full list of IG P&I member clubs
* IG P&I annual review 2019
IG P&I LinkedIn page

Read more about the Smart B/L dApp Request a demo
View full press release

Other press releases

CargoX is helping exporters and logistics companies during the coronavirus crisis with FREE OF CHARGE blockchain Bill of Lading transfer for companies shipping to/from China
7 Feb 2020
The supply chain industry has been rocked by the outbreak of the coronavirus, which is being handled with extreme efforts from the Chinese government. Unfortunately, many airlines have stopped flying to mainland China, and some courier service providers have omitted service as well.
CargoX Smart B/L platform presented at the NYC Supply Chain Meetup #18 along Tradelens and other projects at the IBM Garage
29 Jan 2020
The CargoX Smart B/L platform was showcased at the 18th NYC Supply Chain Meetup, dedicated to blockchain solutions for the supply chain industry - among TradeLens, OmniChain, RegAlytics, and Ripe.io.
German logistics expert TRANS AURIGA offers CargoX Smart B/L™ services to its customers
12 Dec 2019
TRANS AURIGA, a specialist logistics company from Germany, has begun offering CargoX’s Smart B/L™ document transfer system to its commercial customers.
CargoX becomes an observer of the Digital Transport and Logistics Forum, an initiative forum to the Directorate-General of the European Commission for Mobility and Transport
28 Nov 2019
CargoX, the pioneer of the revolutionary Smart B/L™ blockchain shipping documentation platform and the Blockchain Document Transaction System(BDTS), has become an observer of the Digital Transport and Logistics Forum (DTLF), an initiative forum established for the Directorate-General for Mobility and Transport of the European Commission.
CargoX showcased at the Sustainable Ocean Summit global Blue Economy Business Conference
25 Nov 2019
The CargoX platform was showcased at the Sustainable Ocean Summit’s global Blue Economy Business Conference, held by the World Ocean Council, the international business alliance for corporate maritime responsibility.
CargoX impressively voted the Most Innovative Solution 2019 and best Blockchain Innovation of the Year 2019 by a panel of global audiences and experts, against TradeLens, Panalpina Pharma blockchain, and the Digital Silk Road initiative
12 Nov 2019
Experts, users, and analysts around the world voted CargoX technology Most Innovative Solution 2019 and the Blockchain Innovation of the Year 2019 at the Transport & Logistics Middle East (TLME) Excellence Awards.
CargoX among the hot 2020 FreightTech 100
23 Oct 2019
CargoX has again been nominated among the best companies in the freight and logistics field. This time, FreightWaves has nominated CargoX to be one of the FreightTech 100 award winners among more than 1,200 nominations and companies like Amazon, Tesla, Uber Freight, to name just a few.
The Future of Logistics meets CargoX Smart BL™
21 Oct 2019
The CargoX Smart B/L™ platform has been showcased at the Moving Slovenia 3.0 - The Future of Logistics conference, held in Slovenia, at the prestigious national Brdo Congress centre. Jaka Mele, CDO of CargoX, was one of the featured speakers, among other industry experts and top logistics managers.
CargoX at the EC-organized Digital Transport Days
10 Oct 2019
CargoX participated in the high-level conference about transport and mobility held by the European Commission, where service integration, data exchange and reuse, and data safety were the hot topics under discussion.
CargoX at Supply Chain & Logistics Summit and Expo
26 Sep 2019
CargoX, the platform for maritime shipping document transactions, was presented at the 21st Edition of Supply Chain & Logistics Summit & Expo in Antwerp, Belgium.

Your free demo session with our experts

Please fill out the form below, and we will get back to you as soon as possible.

Trying to download the logo?

We have a better idea! Find high quality visuals in our Press Kit section.

Visit Press Kit