CargoX for Transport and Logistics
The CargoX Platform blockchain document transfer is a safe, smart & cost-effective solution for the transportation industry - unlike the old paper document transfer workflows.
The platform enables original and confidential trade document transfer in a trusted digital environment.
Various types of freight documents
are created or uploaded to the platform, signed, and their ownership is then transacted in a trustworthy way, lightning-fast, directly to the intended recipient. Documents can be added, removed, returned, or destroyed.
A preview or view of documents that are inbound or already received is possible, as is a full-text search through all the content. Workflows are flexible, teams can be assembled of users of different levels, and in-platform messaging makes it possible to give simple instructions to recipients.
Validate the original source and prove ownership
Recipients can always validate the original source and prove ownership of their documents. A comprehensive document repository is available with comprehensive audit logs, and strict business confidentiality is maintained at all times.
It is built atop neutral, public Ethereum blockchain technology.
This ensures that there is no private blockchain lock-in with vendors, who could potentially be your company’s competitors - and the neutral CargoX is committed to never giving out your private business information.
Transportation modes supported
Benefits for transport and logistics
Your B/L, or any other document, will never be lost, stolen, counterfeited, or damaged again. Decentralized encrypted storage is 100% resilient against hackers.
It is far easier and cheaper to send a document digitally and securely around the globe than it is to ship a piece of paper.
The CargoX Platform is lightning fast. This protects you from any potential cargo detention and demurrage costs.
It is easy to use – just like e-mail, but much more secure. Much, much more secure. Really, infinitely more secure.
Your data is safe from the eyes of the competition.
We will never lock you into private blockchains. We use truly open and distributed public blockchain technology for maximum impact and immutability.
No installation is required to start using the CargoX platform — just log in and start sending documents.
All platform APIs are exposed as REST interfaces for easy integration and automation.
Multiple users from your organization can use the platform at varying permission levels. It is ready both for micro-companies and full-scale corporations.
No need for software installation or expensive integration. You can start using the platform in a mere matter of minutes!
Paper B/L vs Smart B/L
|TraditionalPaper B/L||Smart B/L|
|Change of ownership||by sending original B/L||Instant, from dApp|
|Time in transit||5-10 days||Instant|
|Can be stolen||Yes||No|
|Can be lost||Yes||No|
|Archiving||Expensive paper storage||Included|
Specialized features for T&L companies
A one-stop-shop for the tamper-proof transfer of document ownership – master B/Ls, house B/Ls, Switch B/Ls, CRM, telex releases, express releases, sea waybills, air waybills, certificate of origin, and much more (over 30 document types).
Switch bills of lading can be transferred an unlimited number of times. History can be cleared to prevent parties from seeing previous owners.
If you create bills of lading through an existing system, they can be easily imported into the platform. For agile companies we offer a companion app to easily create bill of lading documents online.
Smart B/Ls can be endorsed to a specifically named consignee, made to order, or to the bearer.
Any transfer envelope can include any custom attachment – an invoice, receipt, warranty, or similar. You can add or remove them in the process.
Transfer documents to a bank for L/C processing or escrow service workflows. Banks join the platform just like other parties and guarantee payment for goods.
Documents with structured support can be filtered and searched, based on specific field values.
Documents may be returned to the sender (refused).
Issuers may destroy documents, but only when said documents are in their possession. Document destruction is recorded on the blockchain.
Any party in the workflow that will receive the document may preview it in certain cases. This helps reduce costs and time, as the party can prepare for incoming documents in advance.
Easily browse through all your documents, contacts, bill of lading metadata, and information.
Communicate your instructions about specific documents to your partners within the CargoX platform.
Your free demo session with our experts
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