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Find Out How to Lower Your Bill of Lading Expenses by up to 90% and Securely Exchange Ownership in Seconds. Watch The Video and Learn How You Can Become a Part of Shipping Industry Revolution.

Introducing CargoX Smart B/L Blockchain-Based Bill of Lading (B/L) Documents for Global Trade

CargoX is reshaping the global logistics industry by introducing Smart Bill of Lading (Smart B/L) documents based on blockchain technology, replacing old-style paper Bill of Lading documents. With the Smart Bill of Lading users will be able to state and transfer cargo ownership rights without the hassle of handling paper.

The shipping industry still uses paper for issuing proof of cargo ownership. Blockchain and Smart Contracts are made for this industry.

Reshaping the Shipping Industry

With Smart Bill of Lading on the blockchain there will be no need for paper Bill of Lading anymore.

Secure
No central storage which could be attacked by hackers. Global Trade's most important document is encrypted and securely written on the blockchain network, accessible only with traders' private keys.
Fast
Smart Bill of Lading is issued instantly and is immediately available to the Exporter. When agreed conditions are met, Smart Bill of Lading is transferred to the legal owner of goods – instantly, without couriers in the middle. Just like sending an e-mail.
Paperless
A blockchain-based Smart Bill of Lading will be equivalent to a paper one. Having it on the blockchain just takes the pain away. No need to print, send, store and archive it in a conventional way anymore.
Cost savings
Each paper Bill of Lading is sent at least three times with couriers making it extremely expensive and slow. The average cost for sending a Bill of Lading three times is around $100 and it takes up to 10 days to reach the final destination. More than 50 million bill of ladings are created every year.

Bill of Lading Fact Sheet

50+ million Bill of Lading each year
More than 50 million Bill of Lading documents are created each year.
$100 costs per document
Average Bill of Lading courier costs are $100 per document.
$5 billioncourier costs per year
Companies could save $5 billion per year just on courier costs.
5 to 10 business days
It takes 5 to 10 business days on average for a Bill of Lading to get from its origin to the destination.

From the Past to the Future

A Bill of Lading is issued for sea-freight shipments and it gives the holder of this document the ownership rights to the cargo.

Using express courier services, it usually takes 5 to 10 days and it costs around $100 to get this document from origin to destination. By using Smart Bill of Lading, which is a blockchain-based token, we cut down the time and costs needed for Bill of Lading transfers. By sending tokens on the blockchain you can easily and securely change the ownership from Exporter to Importer which makes the Smart Bill of Lading tokens the perfect tool for claiming the ownership rights to the cargo.

Smart Bill of Lading is built on top of the blockchain’s capability to transfer digital value in an open and decentralised way, bringing this to the paper-plagued world of Global Trade.

This greatly reduces the time and costs associated with handling paper-based Bill of Lading documents, saving millions of dollars and reducing the burden on our environment.

We are already partners with

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.
MakerDAO will be contributing its rich development expertise in smart contract security, and will share its core resources to help develop and audit CargoX smart contracts.

List of our supporters

I recognize CargoX as one of the best blockchain projects, and give it the highest possibility of actually changing the shipping and logistics industry, not only in the region but beyond. It is refreshing to see a project that brings so many advantages and has none of the negatives. I am looking forward to the success of the CargoX project.
Peter Gašperšič, Ph.D. Minister of infrastructure, Republic of Slovenia

Why don’t we revolutionise logistics together?

Want to evaluate and use CargoX products?

Become a Supporter

Evaluate the Smart Bill of Lading (Smart B/L) for free. Secure your front-row seat in the blockchain-driven world of tomorrow, while gaining a nearly unfair competitive advantage over your competition. This is your chance to verify whether the lofty claims about the countless benefits of blockchain-based Smart Bill of Lading and other upcoming CargoX logistics services are true. When you become a supporter, we will discuss your shipping needs and help you step onto yourpath to a digitised future. At any point you can decide to actually start using our services and get priority onboarding. Benefit as an early adopter and get a massive competitive advantage and favorable terms. Supporters will be able to add the CargoX logo to their webpage and reap some blockchain-crazed media coverage.

Supporter benefits:

  • Evaluate the CargoX solution before general availability.
  • Get hands-on blockchain experience with no up-front costs.
  • Get free consulting with CargoX advisors.
  • Get a glimpse into CargoX’s future blockchain-based solutions before the general public—access to invitation-only webinars and events.
  • Media exposure—blockchain is a buzzword. Link your business to the blockchain and build a reputation as a technologically innovative company. All with no big investments.
  • Priority onboarding once you decide to start using CargoX Smart Bill of Lading.

Supporter requirements:

  • Evaluate Smart Bill of Lading and provide feedback.
  • Permission to use your logo in CargoX marketing activities.
  • No further obligations. No purchase necessary.
Become a supporter
* The number of free bill of lading credits depends on your yearly bill of lading requirements. Free bill of lading credits are non-redeemable and can only be used to pay for CargoX services.

Want to be active participant of CargoX ecosystem?

Become a Partner

Position yourself as an active participant and innovative technology leader. Explore the benefits of blockchain for your business, with no up-front costs or big investments. Blockchain technology offers transformational powers to early adopters and brings new competitive advantages, as well as opportunities for adding value to global supply chains. CargoX Smart Bill of Lading will help you boost your market presence by reaping the benefits of smart contracts and the blockchain. But that’s is only the beginning. This is your chance to make a strategic transformation and actively shape the future of logistics with us. We are offering several partnership opportunities – from pilot testing, integration services, and business model evaluation to future ecosystem development.

Partner benefits:

  • Early solution access
  • Get access to CargoX management and engineering team.
  • Possibility of tailor made features and development prioritization.
  • Media coverage—become recognized as the technological leader, shape the future of logistics with blockchain expert CargoX.
  • Create up to 1,000 free bill of ladings (individual corporate agreements available upon request). *
  • Free support for API/integration questions
  • Flexible contracts
  • Joint-venture possibilities

Partner requirements:

  • Mutual signed NDA and partnership agreement.
  • Delegate a person responsible for coordinating with CargoX.
  • Exchange of experience and knowhow
  • Permission to use your logo in CargoX’s marketing activities
Become a partner
* The number of free bill of lading credits depends on your yearly bill of lading requirements. Free bill of lading credits are non-redeemable and can only be used to pay for CargoX services.

Join us

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