Home
Why The 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 and the Globalink and Global Value Network partner to bring the Smart B/L™ solution to hundreds of forwarders around the world
27 Sep 2018
CargoX partners with Globalink and Global Value Networks, independent freight forwarding networks of over 200 freight forwarders, to employ the CargoX Smart B/L™ solution in their networks.
CargoX teams with Freightalia to offer the Smart B/L™ to more than 300 customers in their freight quoting and rate management system
25 Sep 2018
CargoX partners with Freightalia, the number one automatic quoting system created for freight forwarders, to give more than 300 customers access to CargoX Smart B/L™ solution.
CargoX Monthly Review - August 2018
4 Sep 2018
August was hot and so was the news!
CargoX and Europacific partner to innovate in logistics processing
31 Aug 2018
We have signed a partnership agreement with Europacific, a regional logistics company embracing technology to optimize logistics processes.
CargoX and DBA Group partner to serve customers in Italy and Balkans
30 Aug 2018
CargoX, the producer of the electronic blockchain-based Smart Bill of Lading™ solution, has signed an exciting partnership with DBA Group, an Italian technology consulting giant listed on the Italian stock exchange.
CargoX and Actual Group partners in the PORT-Line solutions for port logistics operations
29 Aug 2018
We have signed a partnership agreement with Actual Group, member of DBA Group, the provider of advanced and comprehensive IT solutions for supporting port logistics operations and for monitoring and controlling retail business systems in the oil industry.
A day to remember: The first ever blockchain-based CargoX Smart B/L™ has successfully completed its historic mission during a trial shipment from China to Europe
23 Aug 2018
The container, processed with the revolutionary new blockchain-based CargoX Smart Bill of Lading™, has been released successfully in the Port of Koper, Slovenia (EU), where it arrived on Sunday, 19 August 2018, completing its journey from Shanghai (China) aboard the cargo ship Ever Safety, and was shipped by one of the world’s largest freight forwarders.
CargoX Monthly Review - July 2018
2 Aug 2018
July was a month that brought about some dramatic events at CargoX! We joined BiTA, signed partnerships with Fracht AG and OceanX, and sent the first ever official Smart Bill of Lading for an official shipment!
First ever blockchain based Smart B/L was issued on a route from China to US First Lady Melania Trump’s home country of Slovenia
30 Jul 2018
This is the moment we have all been waiting for! The first ever official Smart Bill of Lading for an official shipment was issued on Friday, 27 July 2018, and the shipment is currently travelling from China to Europe, where it will arrive in the middle of August.
CargoX and the OceanX network partner-up to set new standards of excellence in the shipping trade
27 Jul 2018
CargoX and OceanX, the leading sea freight specialist network, have agreed on a strategic partnership, bringing the blockchain enabled Smart B/L to OceanX NVOCC members.

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