Home
Why The CargoX Platform
Videos
Login Register
Menu

CargoX utilizes the Matic Network for efficient real-time Blockchain Document Transactions (BDT)

Nov. 2, 2020, 8 a.m.

(Ljubljana, Slovenia - 2 November 2020) - CargoX, the maker of the CargoX Platform for Blockchain Document Transfer (BDT), has connected to the Matic Network - a sidechain to the Ethereum blockchain - to provide even faster and more cost-efficient original document transactions. 

The CargoX Platform is built using Ethereum blockchain technology and runs on top of the Ethereum Mainnet neutral public blockchain network. This exposes CargoX to internal document transaction fee fluctuations because of the current Ethereum network congestion. Therefore, CargoX has decided to utilize a sidechain - a secondary blockchain - for immediate document transaction validation, while preserving all the original Ethereum Layer 1 network functionalities within the solution. 

“The CargoX Platform remains the electronic bill of lading platform of choice for companies aiming to use technology based on neutral, public networks. Even with this change, we preserve all the features that earned the CargoX Platform impressive awards and industry recognition, and we remain on course as the provider of the most reliable, secure, and transparent blockchain document transfer in the shipping industry,” said Stefan Kukman, founder and CEO of CargoX. 

Read more about the CargoX Platform Request a demo
View full press release

Other press releases

CargoX Smart B/L platform presented at the NYC Supply Chain Meetup #18 along Tradelens and other projects at the IBM Garage
29 Jan 2020
The CargoX Smart B/L platform was showcased at the 18th NYC Supply Chain Meetup, dedicated to blockchain solutions for the supply chain industry - among TradeLens, OmniChain, RegAlytics, and Ripe.io.
German logistics expert TRANS AURIGA offers CargoX Smart B/L™ services to its customers
12 Dec 2019
TRANS AURIGA, a specialist logistics company from Germany, has begun offering CargoX’s Smart B/L™ document transfer system to its commercial customers.
CargoX becomes an observer of the Digital Transport and Logistics Forum, an initiative forum to the Directorate-General of the European Commission for Mobility and Transport
28 Nov 2019
CargoX, the pioneer of the revolutionary Smart B/L™ blockchain shipping documentation platform and the Blockchain Document Transaction System(BDTS), has become an observer of the Digital Transport and Logistics Forum (DTLF), an initiative forum established for the Directorate-General for Mobility and Transport of the European Commission.
CargoX showcased at the Sustainable Ocean Summit global Blue Economy Business Conference
25 Nov 2019
The CargoX platform was showcased at the Sustainable Ocean Summit’s global Blue Economy Business Conference, held by the World Ocean Council, the international business alliance for corporate maritime responsibility.
CargoX impressively voted the Most Innovative Solution 2019 and best Blockchain Innovation of the Year 2019 by a panel of global audiences and experts, against TradeLens, Panalpina Pharma blockchain, and the Digital Silk Road initiative
12 Nov 2019
Experts, users, and analysts around the world voted CargoX technology Most Innovative Solution 2019 and the Blockchain Innovation of the Year 2019 at the Transport & Logistics Middle East (TLME) Excellence Awards.
CargoX among the hot 2020 FreightTech 100
23 Oct 2019
CargoX has again been nominated among the best companies in the freight and logistics field. This time, FreightWaves has nominated CargoX to be one of the FreightTech 100 award winners among more than 1,200 nominations and companies like Amazon, Tesla, Uber Freight, to name just a few.
The Future of Logistics meets CargoX Smart BL™
21 Oct 2019
The CargoX Smart B/L™ platform has been showcased at the Moving Slovenia 3.0 - The Future of Logistics conference, held in Slovenia, at the prestigious national Brdo Congress centre. Jaka Mele, CDO of CargoX, was one of the featured speakers, among other industry experts and top logistics managers.
CargoX at the EC-organized Digital Transport Days
10 Oct 2019
CargoX participated in the high-level conference about transport and mobility held by the European Commission, where service integration, data exchange and reuse, and data safety were the hot topics under discussion.
CargoX at Supply Chain & Logistics Summit and Expo
26 Sep 2019
CargoX, the platform for maritime shipping document transactions, was presented at the 21st Edition of Supply Chain & Logistics Summit & Expo in Antwerp, Belgium.
CargoX at Home Delivery Summit Asia 2019
25 Sep 2019
CargoX, the platform for maritime shipping document transactions, was presented at the Home Delivery Summit Asia 2019. The conference and exhibition showcased Asian innovations in retail logistics.

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