Home
Why The CargoX Platform
Videos
Platform Help Login Register
Menu

CryptoBLK and CargoX establish strategic partnership to advance global trade and supply chains

Oct. 12, 2020, 2:29 p.m.

(Hong Kong, 12 October 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, an open account trade finance solution, and the CargoX Platform for Blockchain Document Transfer (BDT).

Atlas Elite was designed to solve the obstacles to global trade: disconnected systems, heavy paper-based processes, and risk of fraud, which lead to a US$1.5 trillion financing gap, according to the WTO reports. 

The partnership enables banks, corporate clients, logistics companies, and the extended trade ecosystem to digitally transfer documents and manage trade finance and related documents via multiple blockchains simultaneously. 

Dr. Duncan Wong, CEO of CryptoBLK: “The collaboration with CargoX will significantly help accelerate Atlas Elite’s integration with other innovative systems in the global trade industry. It facilitates Atlas Elite’s users to transfer document ownership between banks, corporate clients, and logistics companies on multiple blockchains.”

 

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

Other press releases

Patrick Vlačič, heavy-weight legal expert and ex-minister of transportation joins CargoX
25 Apr 2018
We are proud to announce that Patrick Vlačič, PhD, an expert on maritime, transport, and insurance law, is joining our team as our legal advisor!
New, fast-growing companies supporting us all around the globe!
20 Apr 2018
We are constantly expanding our network of partners and supporters. We receive dozens of applications every week. Among our many new partners and supporters, this week we are presenting four companies from Europe, Asia, and Africa.
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.

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