TRADE FINANCE

Make global trade effortless with electronic trade documents

The CargoX Platform ensures confidential and transparent processing of original electronic trade documents within a robust blockchain environment. It complies with eUPC600 standards, allowing for the creation, transfer, and control of trade documents in a secure and reliable way. Finally, you can remove paper from your workflows.

Easy integration with ERP and other tools (API)

Neutral blockchain for unbreakable trust (Ethereum)

Standards compliant & ready for interoperability

ELECTRONIC TRADE DOCUMENTS

Blockchain-based trust and adaptable workflows

Trade finance providers can use trusted blockchain technology to receive applications, process documents, and trigger payments in international trade. Electronic bills of lading can be taken as collateral and released instantly. 

65+ document types supported: bills of lading, letters of credit, certificates, etc.

Future-proof by recognizing structured or unstructured documents (PDF, JSON, XML, etc.)

More than 135.000 companies already trust us!

ESCROW SERVICE

Advanced capabilities

The most reliable and resilient tool for providing automated, efficient, and trustworthy escrow service between business partners.

UCP600 AND eUCP PRESENTATION

ICC-compliant letter of credit issuance

Letters of credit (eLC) issuance and presentation are fully compliant with the ICC-issued eRules for the Uniform Customs & Practice for Documentary Credits (UCP 600 and eUCP).

FLEXIBLE DOCUMENT CREATION

Support for creating and sharing LCs

Letters of credit can be created on the CargoX Platform, or they can be created with other tools and their parameters shared onto the CargoX Platform.

Features that will boost trade finance efficiency & reduce risk in global trade

Companies can now eliminate sending paper documents around the globe and start sending blockchain documents. Original document possession is transferred digitally and contactlessly, but with unbreakable blockchain trust. Advanced workflows, team collaboration and document management are enabled by default.
FEATURES
Secure

Your B/L or any other document will never be lost, stolen, counterfeited, or damaged again. The decentralised, encrypted storage is 100% hacker-resilient*.

Neutral

Your data is absolutely safe and protected from the prying eyes of your competitors.

Open

We will never lock you into private blockchains as we use only truly neutral public Ethereum blockchain technology.

Minimum investment

No software installation or expensive integration required. You can start using it in just a few minutes.

Fast

The CargoX Platform is lightning fast. This protects you from possible cargo detention and demurrage costs.

Cost-effective

It is much faster and cheaper to dispatch a digital document across the globe, than a piece of paper.

Contactless

Fully digitalised document flow eliminates the need for paper handling and removes exposure risks to physical media.

Integrate into your corporate IT environment with API

All available CargoX Platform functions – even the ones using blockchain – can be integrated into corporate, fintech, or government information systems (ERP) via the REST API.

Legal and standards compliance
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PLATFORM FEATURE SETS

A simple to use environment with advanced capabilities

The CargoX Platform brings efficiency and trust-boosting technology to trade finance institutions, shippers, carriers, manufacturers, ports, governmental entities and service companies involved in global trade. It provides them with advanced tools to create, transmit, process and manage electronic trade documents across the globe, while the risk of loss or tampering is drastically reduced.

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In pursuit of Egypt’s ambitious strategy for sustainable development and integration into the global economy, MTS succeeded in implementing the national single window for trade across borders to achieve the transformation from 19th Century manual & paper-intensive customs procedures to a modern, state-of-the-art, digital ecosystem and extending it to engage the trade community abroad by partnering contractually with CargoX to leverage their leading-edge technology and advanced solutions.

Captain Ossama al-Sharif
CEO and Chairman, MTS, Egypt