CargoX launches the Smart Blockchain platform

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CargoX has launched the Smart B / L platform, the first open and neutral blockchain platform in the field of shipping for commercial use in the real world.

Companies of any size, including shippers, shippers and networks providing logistic solutions, can use the platform.

According to a statement, many companies around the world are already using the Smart B / L solution, including the Swiss specialist chain chain Fracht AG and the freight forwarding networks such as Globalink, Global Value Network and Ocean X.

The partner-independent CargoX platform offers a decentralized and encrypted environment for the transfer of freight documents on a public blockchain network.

Darko Djuric, CargoX, discusses how the blockchain could be used to protect the cybernetic environment in a recent Port Technology technical document

Without integration and accessible through any web browser, Smart B / L also requires minimal investment to allow customers to start using it.

In addition, companies that use the service do not have to implement any new infrastructure, as Smart B / L provides data and documents the transaction history.

CargoX described the theft or damage to the "virtually impossible" document, although it may be modified or resent if necessary.

Stefan Kukman, CEO and founder of CargoX, commented: "Blockchain platforms should not be treated and used as autonomous systems even if they serve a particular purpose and solve a particular problem.

"To get the most out of these technologies, we need to build modular systems that efficiently solve problems and then use these solutions to build larger systems.

"The only way to do this is to interoperate and we have to be careful to make the systems as open as possible from the beginning, and CargoX has taken great care to design its platform with a focus on open architecture par excellence. "

Read more:

Automation and optimization, digitalization, finance, global economy / trade, security and logistics, shipments

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