Going paperless - CargoX to plant 10,000 trees as electronic trade documentation takes root

(Ljubljana, Slovenia, 29 March 2023) -- CargoX, a global leader in electronic trade documentation technology, announced it will plant 10,000 trees with the organization GROW MY TREE.

10,000 is the number of trees needed to produce approximately 83 million sheets of paper. For comparison -  according to the Digital Container Shipping Association (DCSA), ocean carriers issue 45 million bills of lading annually, each comprised of multiple sheets of paper.

To achieve this, we have a two-pronged strategy: first to move the supply chain industry from paper-based to electronic trade documentation. The second is to actively restore heavily-damaged environments. 

“Our innovative and well-proven CargoX Platform for Blockchain Document Transfer (BDT) makes it possible for global supply chain partners to transfer documents of title electronically, instead of sending signed paper documents through courier services," said Stefan Kukman, CargoX founder & CEO.