CargoX | CargoX Monthly Review - July 2018
Home
Why The CargoX Platform
Videos
Platform Help Login Register
Menu
Exporting to Egypt? Prepare for Egyptian ACI NOW. Start here

CargoX Monthly Review - July 2018

Aug. 2, 2018, 12:21 p.m.

(Hong Kong, 2 August 2018) - July was a month that brought about some dramatic events at CargoX!

We started by joining BiTA (Blockchain in Transport Alliance), and then we went on to announce two very important partnerships.

Next, we 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 rights and ability to use the CargoX Smart B/L with its own business customers. We are especially proud that Mr. Ruedi Reisdorf, Fracht CEO and owner, has called CargoX the logistic sector’s “best start-up”!

At the same time CargoX and OceanX, the leading sea freight specialist network, have agreed on a strategic partnership, giving access to the blockchain-powered Smart B/L to all OceanX NVOCC members.

To top it all off we went on to give the logistics world 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 traveling from China to Europe, where it will arrive in August.

These events had a dramatic influence on the amount of CargoX tokens being purchased - we hit a daily volume of approximately USD 100k on 31 July.

All signs show that the cargo ships have aligned for the CargoX Smart B/L to take over the world!

Other press releases

Companies flock to electronic bills of lading sparked by spike in users of the CargoX Platform
24 Jan 2023
Domestic and cross-border shipping in 2023 promises to be faster and more efficient with electronic bills of lading (eB/L).
World’s first transaction between different eBL platforms successfully executed
14 Dec 2022
An unprecedented global trade event concluded on October 25, 2022, at 21:23 CST as interoperability between different electronic bill of lading (eBL) platforms was successfully reached between CargoX and edoxOnline, two leading eBL solutions powered by blockchain technology.
CargoX wins 2021 Logistics Project award with nomination for European ELA Awards 2023
11 Oct 2022
CargoX was awarded the 2021 Logistic Project Award at the Keep IT simple in logistics congress 2022, held by the Slovenian Logistics Association, for the contribution to the NAFEZA single-window with authorized CargoX blockchain document transfer gateway, built by MTS in Egypt.
State of Electronic Trade Document Transfer 2022
28 Sep 2022
CargoX surveyed over 400 supply chain professionals from global businesses to to understand the reasons and the current state of adoption of electronic trade documentation. Join Joel Schrevens, Emmanuelle Ganne, John Monarch and Peter Kern for deep insights!
Arab Bank and FIATA, CargoX, eDoxOnline testing transfer of electronic FIATA BL #eFBL
20 Sep 2022
FIATA and Arab Bank, together with CargoX, eDoxOnline launched a Proof of Concept to test the transfer of an e-FIATA Bill of Lading #eFBL between two customers of the bank using different eBL platforms. This is a major step in achieving and providing interoperability.
Market report: Industry blindspots blocking adoption of digital trade documents transfer
1 Sep 2022
CargoX, the global blockchain company leading the world on the digital transfer of trade documents, has identified three key factors preventing the widespread adoption of digital trade documents transfers across the supply chain.
DCSA begins final phase of eBL platform interoperability proof of concept with support from ocean carriers, ExxonMobil and eBL platform providers
12 Jul 2022
Digital Container Shipping Association (DCSA) announced phase two of its electronic bill of lading (eBL) platform interoperability proof of concept (PoC) with CargoX, edoxOnline, essDOCS and WAVE BL.
CargoX blockchain technology takes flight in Egypt with ACI Air
8 Jun 2022
The Government of the Arab Republic of Egypt continues to expand its Advance Cargo Information (ACI) system implementation footprint by including Egyptian airports. The system is on “Trial” basis as of 15 May 2022 and is scheduled to become “LIVE” as of 1 October 2022.
CargoX starts issuing standardized paperless FIATA Bills of Lading
19 May 2022
CargoX among first to start issuing standardized, paperless FIATA Bills of Lading in partnership with the International Federation of Freight Forwarders Associations (FIATA).
CargoX joins International Chamber of Commerce
12 May 2022
CargoX has joined the International Chamber of Commerce, a business organisation covering 45 million companies, 1 billion employees in more than 100 countries.

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