Blockchain Changing Logistics - Be part of it with CargoX.io ICO

How CargoX will revolutionise Bill of Lading tech?

As the logistics industry, the backbone of all global trade, still relies on one of the oldest methods for issuing a proof of ownership (the Bill of Lading, B/L), this can cause numerous problems, including: delays in delivery, the high cost of re-claiming the goods when the B/L is lost, stolen or damaged, and also the time-consuming processing of the documentation.

That is why CargoX is about to revolutionise the industry. We are developing the world’s first blockchain Bill of Lading. We will create an open system based on Ethereum and encrypted permanent decentralised data storage which will enable the creation and exchange of Bill of Lading documents.

Revolutionary gains will be achieved through speeding up the process, as it will take minutes or at most hours, not days, to deliver the document in a safe and secure way.

There will be no intermediaries involved, and the document will be stored in a distributed and publicly confirmed way, yet it will be encrypted so that its contents will only be available to the issuer and the recipient.

Want to know more? Visit www.cargox.io or read latest blog here https://medium.com/cargoxio/how-cargox-will-revolutionise-bill-of-lading-tech-e6cab367be9f

CargoX.io recently closed the 24 hour presale raising over 2500 ETH. Public ICO will follow before end of January. Visit https://cargox.io/?ref=cargox now, and register and whitelist in time.