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 Fracht AG partner to reshape global trade with blockchain
24 Jul 2018
We have signed a partnership agreement with Fracht AG, the independent Swiss family-owned company with over 100 offices and more than 1200 employees. This move gives Fracht AG the means to use the CargoX Smart B/L with its business customers.
CargoX, the producer of Smart B/L, joins BiTA
13 Jul 2018
CargoX, an independent supplier of blockchain-based solutions for logistics, has become the latest member to join the Blockchain in Transport Alliance (BiTA).
CargoX Monthly Review - June 2018
5 Jul 2018
June was a busy month, as always! Everybody is rushing towards the summer holiday season. But not CargoX - we are rushing towards the market’s adoption of our CargoX Smart B/L solution!
CargoX announces setting up a scholarship fund for students of maritime studies at the ICTS 2018
19 Jun 2018
CargoX is proud to collaborate with the Faculty of Maritime Studies and Transport of the University of Ljubljana. Announcing a scholarship fund at the International Conference of Transport Science, where we also presented our blockchain-based Smart B/L solution.
CargoX is setting up a scholarship fund for students of logistics who are keen on blockchain
14 Jun 2018
CargoX, the provider of smart public blockchain-based solutions for the logistics and supply chain industries, is proud to announce the establishment of a scholarship fund intended for students at colleges around the world. Among the first of these is the Faculty of Logistics at the University of Maribor, which will receive funding for a student of logistics.
CargoX Monthly Review - May 2018
8 Jun 2018
May was just another one in the line of busiest months ever for us! We got huge amounts of work done - our CargoX Smart B/L solution is in its final development stage, our partners are actively testing it, and we have made a lot of progress on some interesting integrations as well.
CargoX presented at the EurTradeNet Annual 2018
5 Jun 2018
The CargoX Smart B/L solution was presented at the EurTradeNet Annual 2018 event. Over 50 top managers from companies operating throughout the whole EU had the chance to see the Smart B/L at work, along with guests from Eastern Europe Customs offices.
CargoX at transport logistic China 2018, the leading trade fair for logistics, mobility, IT, and supply chain management
18 May 2018
CargoX is making moves across the globe and making an impact at all the world’s most important trade fairs. This is one of them!
CargoX at the Collaborative Innovation Days - blockchain applications and cases in logistics for a 30% improvement of end-to-end logistics performance by 2030
11 May 2018
The CargoX Smart B/L solution was presented at the Collaborative Innovation Days 2018, where blockchain applications and cases for logistics were presented. The event was organised by the European Technology Platform ALICE - Alliance for Logistics Innovation through Collaboration in Europe, and we caused quite a stir-up!
CargoX Monthly Review - April 2018
8 May 2018
April was a wild month, so we’d like to recap its greatness! The highlight of the month was when we presented a demonstration of the CargoX Smart B/L solution live, on stage, before audiences across Europe on April 12th, 2018. The demo was a complete success!

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