CargoX | CargoX Monthly Review - May 2018
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CargoX Monthly Review - May 2018

June 8, 2018, 2 p.m.

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.

We presented our solution at the EurTradeNet Annual 2018 in Belgrade and we visited the transport logistic China 2018, the leading trade fair for logistics, mobility, IT, and supply chain management. Igor Jakomin, Ph.D., CBDO of CargoX, had some really interesting after-thoughts about timing after the fair, and Stefan Kukman, CEO and founder of CargoX, described his feelings from his business trip to China. His intuition about China and blockchain was spot on, as only days after his visit the Chinese president Xi Jinping called blockchain a breakthrough technology.

Igor Jakomin also visited Collaborative Innovation Days in Barcelona and he presented the CargoX solution exclusively at the European Commission’s Mobility and Transport department, headed by Commissioner Violeta Bulc.

Last but not least - we have also produced a CargoX Business Overview and Technology Bluepaper, as promised in our CargoX Whitepaper. The document is available to our partners in its full form. Please, note that the Bluepaper available to the public does not include all of CargoX’s business details.

Stefan Kukman, CargoX CEO and founder, explains: “As we are a B2B provider and we are establishing ourselves in the logistics/supply-chain field, it is important to differentiate ourselves from just being an ICO to becoming an authority in the field where our products will be used. As you all know, we have decided not to spill out our business secrets regarding partners or deals that we make, or the internal workings of our solution - until they are completely safe to publish in terms of not giving a heads-up to our competitors about where we are heading. We are aware that the community, which we love so much, expects all the information from us - but we cannot reveal all the details so that they do not fall into the wrong hands. It is our primary obligation towards the community to make the CargoX Smart B/L a huge success, and we are acting in the spirit of achieving this goal big time!”

We are aiming to reshape the global logistics industry - together with you!

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The CargoX Platform for Blockchain Document Transfer (BDT) was used in three test transfers of letters of credit on the digital trade finance network Contour, conducted by the European Bank for Reconstruction and Development (EBRD) and QNB ALAHLI, one of the largest commercial banks in Egypt.

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