Article Summary, Automatically Generated By AI
Summary of CargoX
-
Established:
Jan 2018 -
Goal:
Send digital documents worldwide in seconds -
Blockchain:
Ethereum-based -
Initial focus:
Global freight and supply chain documents -
Expansion (2019):
Air cargo and other verticals -
BDTS (Blockchain Document Transaction System):
- Provides audit logs of sent documents
- Proves document authenticity and integrity during transfer
About CargoX: Pioneering the Future of Global Trade
CargoX aspires to enable the instantaneous transmission of digital documents to anyone, anywhere in the world. This independent blockchain courier service positions itself as a competitor to industry giants such as DHL, Fedex, and UPS. Founded in January 2018, the CargoX decentralized application (dApp) leverages Ethereum to facilitate the transfer of digital original documents. Initially, the company focused on global freight and supply chain documents, but in 2019, it expanded its Blockchain Document Transaction System (BDTS) solution to verticals like air cargo, with the ultimate goal of providing a universal solution for secure, reliable, and cost-effective document ownership transfer. The BDTS’s smart contracts provide an immutable audit trail of all sent documents, ensuring the authenticity and integrity of the documents during transmission.