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CargoX Monthly Review - January

Feb. 5, 2019, 2:10 p.m.

CargoX just turned a year old, huzzah! That might be a blink of an eye in human terms, but as a company we are wise beyond our years. Let’s take a moment to reflect upon our major accomplishments in this short year, and see how we shook the crypto scene from the bottom up.

We have executed our roadmap as promised: we released the B/L eXchange protocol (our CargoX platform smart contracts), we developed the CargoX platform (the Smart B/L dApp), we acquired our first partners, who even became our customers by Q4 2018, and we started working on the add-on features with banks and insurers - due in 2019!

What we did exactly:

So, what are the next steps? Business development is ongoing, and we are one step away from becoming the first company in history with blockchain B/L solution approved by a global P&I insurers club, so that our customers can start using our solution for their operations with valid business insurance, and we can then progress in our development of the Smart L/C as planned. Then, we will make our next strategic step - into the air cargo industry!

We are also working on some cool moves for major global logistics events, and we will also be presenting our platform and technology at major technology showcase events, such as the top-tier SXSW Accelerator Pitch 2019 in Austin, Texas, to be held in March 2019.

In January we partnered with RoadLaunch, an IoT- (internet-of-things) blockchain-based digital freight management platform for intelligent logistics. This collaboration will extend their permission-based Hyperledger solution with the function of our public blockchain-based Smart Bill of Lading™. They have thousands of users already on-boarded!

At the end, when we look back at January - we were too busy to even blow out the candles on the cake, as we are in constant motion, taking the CargoX platform into new waters and new heights with added functionalities and promising business partnerships!

Other press releases

CargoX listed as a Cleantech 100 company
23 Dec 2020
Out of thousands of innovators from across the globe, CargoX was named a 2021 Global Cleantech 100 Company by Cleantech Group.
New partnership between CocoonFMS & CargoX brings costs savings and document security to supply chain management
10 Nov 2020
CargoX will be integrated into the CocoonFMS product CocoonTMP (Transport Management Portal) to allow 3PLs and freight forwarders customers to upload their documents securely using CargoX Platform for Blockchain Document Transfer (BDT).
CargoX utilizes the Matic Network for efficient real-time Blockchain Document Transactions (BDT)
2 Nov 2020
The CargoX Platform has connected to the Matic Network - a sidechain to the Ethereum blockchain - to provide even faster and more cost-efficient original document transactions.
Contour partners with CargoX to transform bills of lading
29 Oct 2020
Contour, the Singapore-based global trade finance network has announced its partnership with CargoX, the blockchain platform for transferring documents and data including a certified electronic bill of lading solution.
CryptoBLK and CargoX establish strategic partnership to advance global trade and supply chains
12 Oct 2020
CryptoBLK, an enterprise DLT/blockchain technology company, and CargoX join forces to streamline processes and accelerate digitalization in global trade and supply chains by integrating two blockchain platforms, Atlas Elite and the CargoX Platform.
CargoX competes among 12 supply chain semi-finalists at Pitch Your Startup
14 Sep 2020
CargoX will pitch at the Pitch Your Startup (PYSU) event held on 15 September in Luxembourg. CargoX is one of 12 semi-finalists in the category of Supply Chain.
CargoX's digital bill of lading allows Forward Together and Tech Cargo to ship with no need for physical documents
24 Jun 2020
Te newly established logistics network Forward Together has piloted a simulation with the freight forwarding company Tech Cargo to digitally expedite the ownership transfer process through blockchain in India's response to Covid-19.
Portall and CargoX join forces to help the Government of India digitalize the bill of lading processing and move all trade documents to electronic means of transfer
11 Jun 2020
India is digitalizing its bills of lading and other trade documentation workflows as one of the last missing elements within the country’s electronic Port Community System (PCS), built by Portall. Portall teamed up with CargoX for blockchain document transfer.
CargoX joins the International Association of Trusted Blockchain Applications
1 Jun 2020
CargoX has joined the INATBA global blockchain association to contribute in the joint effort to empower companies for better, safer, and transparent global business by harnessing blockchain technology.
CargoX becomes the first public blockchain (Ethereum) Bill of Lading provider approved by the International Group of P&I Clubs
20 Feb 2020
CargoX 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.

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