Home
Why The CargoX Platform
Videos
Login Register
Menu

Contour partners with CargoX to transform bills of lading

Oct. 29, 2020, 12:18 p.m.

(Singapore, 28 October 2020) – Contour, the Singapore-based global trade finance network has today announced its partnership with CargoX, a blockchain platform for transferring documents and data including a certified electronic bill of lading solution. The news follows Contour’s transition to full production, with the network supporting electronic bills of lading as part of digital transformation of trade.

The partnership provides Contour customers another option for electronic bills of lading to be used in synchronisation with their Contour trade finance transaction. This will not only reduce the overreliance on paper documents that is common in the industry but also streamline trade processes, reducing time and improving communication.

Carl Wegner, CEO at Contour said: Transforming trade finance can’t be achieved by a single company acting by itself – collaboration is central to building a trade finance network that is truly global. Bills of Lading can be a challenge for digital transformation, due to their complex nature. That is why it is a key focus for our partnerships to streamline this common pain point. Our work with CargoX marks an important milestone towards establishing an ecosystem of technology providers, banks and corporates that makes digital trade finance not just a reality, but a tangible, accessible option for all.”

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

Other press releases

The CargoX Smart B/L solution is showcased at the Faculty of Logistics of the University of Maribor to celebrate European Supply Chain Day 2018
19 Apr 2018
The European Supply Chain Day is celebrated every year on the third Thursday in April, and it is the day when companies from the logistics, industrial, and trading sectors open their doors and show visitors their internal workings.
See how CargoX writes history with the world’s first and only working public-blockchain based Smart B/L solution
17 Apr 2018
History is written when CargoX presents a live demo of the world’s first and only working public-blockchain based Smart B/L solution in front of 250 specialist and executives at the 6th International Logistics Congress held April 11-13 2018 in Portorož, Slovenija.
CargoX’s blockchain-logistics platform goes live before audiences across Europe
12 Apr 2018
CargoX successfully completed a live demonstration of its Smart B/L Bill of Lading solution, before audiences across Europe, marking the beginning of its beta testing phase and opening the platform to partners in the logistics and shipping industry.
Blockchain startup CargoX signs a major partnership with European logistics giant Milsped
9 Apr 2018
Partnering with Milsped Group, we have gained decades of real-world experience, and deep insight into logistics and supply chains from the cargo handling point of view at a large logistics provider.
CargoX Monthly Update - April 2018
6 Apr 2018
March was a busy month, and we have entered the busiest part of the year. Our MVP development is nearing its completion and internal testing has commenced. But we have also reached some milestones...
It’s Not a Test! Cryptocurrency accepted as payment for container shipments.
22 Mar 2018
Online shipping platform 45HC.COM has become the first shipping company to accept cryptocurrency payments for container shipping. They have integrated CargoX token (CXO).
Strong customer interest reaffirms the need for the CargoX Smart B/L
16 Mar 2018
CargoX is proud to announce first batch of supporters and potential customers, and encourages forward looking companies to join us.
CargoX Monthly Update - March 2018
2 Mar 2018
Read all about what have we been up to in February. While we have been active on multiple fronts, core efforts are on developing the platform and developing the business side.
Industry Veterans Raised Questions About Blockchain in Shipping — And We Answered Them
1 Mar 2018
With our market-neutral blockchain-based bill of lading platform, our goal at CargoX is to empower shippers.
MakerDAO and CargoX partner to revolutionise logistics, supply chains and shipping
21 Feb 2018
MakerDAO and CargoX are excited to announce a partnership that will result in a new generation of exciting smart contract applications in the field of supply chain, logistics and shipping industries.

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