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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

Vote TWICE! CargoX nominated for two strong Heroes of the pandemic awards at Transport & Logistics Middle East, among IBM, Accenture, TradeLens, Infosys, Amazon, and other leading logistics and supply chain companies
31 May 2021
The 2021 TLME Awards will again attract the region’s highest dignitaries, royalty, and high-ranking C-level executives to share in this magical evening. All award winners will be decided via a digital voting portal that sees the industry cast its ballots for the very best in the region.
Igor Jakomin, Ph.D., rejoins CargoX as deputy CEO
24 May 2021
Igor Jakomin, Ph.D., rejoins CargoX as deputy CEO. Mr. Jakomin is a veteran expert on logistics, supply chain, and transport, with rich experience in process digitalization, and strong connections in the industries and academia.
CargoX Platform for Blockchain Document Transfer is #builtonEthereum #poweredbyPolygon
21 May 2021
CargoX is using the Matic network for Ethereum blockchain transactions.
Misr Technology Services “MTS”, the operator of the national single window for Egyptian trade across borders platform, has authorized CargoX as the blockchain document transfer gateway for the Advance Cargo Information System
21 Apr 2021
The Government of Egypt has made mandatory Advance Cargo Information (ACI) declarations for all cargo inbound to Egypt starting on 1 July 2021. CargoX is authorized as the blockchain document transfer gateway service provider for the National Single Window for Foreign Trade platform (NAFEZA), built by Misr Technology Systems (MTS).
CargoX among companies selected for e-FIATA Bill of Lading proof of concept
10 Mar 2021
International Federation of Freight Forwarders Associations (FIATA) has launched a proof of concept to test the tracking solution behind its e-FIATA Bill of Lading (eFBL). CargoX is proud to be among the volunteering companies providing this proof of concept for the eFBL.
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.

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