Topic: [ANN] CargoX.io - Ocean Freight Logistics on Blockchain - Pilot in Q2 2018! - page 15. (Read 4329 times)
January 15, 2018, 05:49:54 AM
January 15, 2018, 05:15:21 AM
Classic B/L takes from 35 to 100 USD fee and ownership changing you have to send those papers (ORIGINALS) you know how many get "lost". It takes 5 to 10 days to get the papers and the storage for a big distribution company can be really huge.
For cargox smart paperwork you will make the paperwork instant and the fees 10 USD or CXO amount with discount. WHAAAAT? That is nothing. Free storage for CXO token holders and all transparent no paper archives.. damn this project has got this figured out. Count me in !!
For cargox smart paperwork you will make the paperwork instant and the fees 10 USD or CXO amount with discount. WHAAAAT? That is nothing. Free storage for CXO token holders and all transparent no paper archives.. damn this project has got this figured out. Count me in !!
January 15, 2018, 05:08:26 AM
An Introduction to Bill of Lading
Documents
Every sea transfer in the world starts with the NVOCC (or
carrier) issuing a Bill of Lading document that acknowledges
the receipt of the cargo.
The Bill of Lading serves as a document of title to the goods
in transfer. Anyone in possession of the document can claim
the goods at a port, making it most important document in the
shipping industry.
Very important for the shipping documents to become all transparent
Documents
Every sea transfer in the world starts with the NVOCC (or
carrier) issuing a Bill of Lading document that acknowledges
the receipt of the cargo.
The Bill of Lading serves as a document of title to the goods
in transfer. Anyone in possession of the document can claim
the goods at a port, making it most important document in the
shipping industry.
Very important for the shipping documents to become all transparent
January 15, 2018, 04:21:01 AM
Great team with experiences in their business
January 15, 2018, 03:57:40 AM
I just follow CargoX Twitter https://twitter.com/cargoxio
Very tremendous project! I am happy that i found it!
Very tremendous project! I am happy that i found it!
January 15, 2018, 02:12:42 AM
If you have any questions you can join CARGOX telegram I had few and they answer very well
https://t.me/joinchat/GAKhBQ48675fRRMEd-kLcw
https://t.me/joinchat/GAKhBQ48675fRRMEd-kLcw
January 14, 2018, 04:35:37 PM
January 14, 2018, 03:27:10 PM
Awesome new details
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.
The diagram above illustrates the workflow between different parties in the CargoX system.
Our blockchain-based Smart B/L will work in a similar way to tokens. Users (shippers, carriers, forwarders, importers) will be able to create, transfer and claim ownership of the B/L, and thereby the cargo that is the subject of the B/L.
The process will be simple, smooth, safe and secure, but also cheaper and much, much faster than it is today with technology with roots in the Roman times!
A simple and secure process
At the origin the carrier uses our dApp (distributed application) to create a blockchain-assisted Smart B/L with the exporter’s address and sends it as a token to the exporter.
After receiving the money for the goods from the importer, the exporter transfers ownership of the Smart B/L to the importer using our dApp.
The importer can claim ownership of the goods at the destination port by presenting the Smart B/L token to the carrier or designated release agent at the destination using our dApp.
At the destination the carrier releases the goods to the importer once the importer proves ownership of the Smart B/L token.
All global-trade-sensitive information will be hidden from public view and only shown to the importer, the exporter and the issuer of the Smart B/L and to the designated release agent at destination; special care will be given to properly secure all information about multiple business interactions between the same peers.
What is needed for Smart B/L to thrive
To build the ecosystem and drive the market, the CargoX will create tools, initial rules and protocols to ease and incentivise the interactions between partners, to boost network growth and facilitate creation and exchange of Smart B/L by actively developing the following elements:
A governing body comprised of industry leaders that will be responsible for the adoption of the standard in the industry and legislature.
CargoX B/L eXchange protocol (B/L X) for exchange of Bill of Lading (B/L) documents.
CXO token that will serve as a protocol utility token and allow decentralised transfer of digital ownership claim and facilitate a payment method for logistics services.
Smart B/L dApp is a web-based decentralised application allowing customers to interact with a Smart B/L digital document.
Smart L/C dApp will allow depositing of money in accordance with smart contract and will be released when the buyer receives the goods. Banks and current L/C procedure such as escrows and payment intermediaries will become obsolete.
Smart Booking Module — integrated at external shipping platforms (such as 45HC.com, etc)
Gains
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
CargoX.io recently closed the 24 hour presale raising over 2500 ETH.
Public ICO will follow before end of January. Visit https://cargox.io now, and register and whitelist in time.
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.
The diagram above illustrates the workflow between different parties in the CargoX system.
Our blockchain-based Smart B/L will work in a similar way to tokens. Users (shippers, carriers, forwarders, importers) will be able to create, transfer and claim ownership of the B/L, and thereby the cargo that is the subject of the B/L.
The process will be simple, smooth, safe and secure, but also cheaper and much, much faster than it is today with technology with roots in the Roman times!
A simple and secure process
At the origin the carrier uses our dApp (distributed application) to create a blockchain-assisted Smart B/L with the exporter’s address and sends it as a token to the exporter.
After receiving the money for the goods from the importer, the exporter transfers ownership of the Smart B/L to the importer using our dApp.
The importer can claim ownership of the goods at the destination port by presenting the Smart B/L token to the carrier or designated release agent at the destination using our dApp.
At the destination the carrier releases the goods to the importer once the importer proves ownership of the Smart B/L token.
All global-trade-sensitive information will be hidden from public view and only shown to the importer, the exporter and the issuer of the Smart B/L and to the designated release agent at destination; special care will be given to properly secure all information about multiple business interactions between the same peers.
What is needed for Smart B/L to thrive
To build the ecosystem and drive the market, the CargoX will create tools, initial rules and protocols to ease and incentivise the interactions between partners, to boost network growth and facilitate creation and exchange of Smart B/L by actively developing the following elements:
A governing body comprised of industry leaders that will be responsible for the adoption of the standard in the industry and legislature.
CargoX B/L eXchange protocol (B/L X) for exchange of Bill of Lading (B/L) documents.
CXO token that will serve as a protocol utility token and allow decentralised transfer of digital ownership claim and facilitate a payment method for logistics services.
Smart B/L dApp is a web-based decentralised application allowing customers to interact with a Smart B/L digital document.
Smart L/C dApp will allow depositing of money in accordance with smart contract and will be released when the buyer receives the goods. Banks and current L/C procedure such as escrows and payment intermediaries will become obsolete.
Smart Booking Module — integrated at external shipping platforms (such as 45HC.com, etc)
Gains
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
CargoX.io recently closed the 24 hour presale raising over 2500 ETH.
Public ICO will follow before end of January. Visit https://cargox.io now, and register and whitelist in time.
January 14, 2018, 03:25:30 PM
The CargoX Token Pre-Sale is finished.
We have raised over 2000 ETH which means that CargoX.io is happening!
SO
If i want contribute now must fill up KYC and then wait?
how much bonus for normal contributors?
We have raised over 2000 ETH which means that CargoX.io is happening!
SO
If i want contribute now must fill up KYC and then wait?
how much bonus for normal contributors?
Yes, KYC is mandatory. Go to https://cargox.io/?ref=bitcointalk and get whitelisted now! KYC waiting time is below 30 minutes!
Bonus depends on your speed - if you invest in first 48 hours, it is 10%.
Based on the number of KYC applicants, we are sure we will close ICO within hours.
January 14, 2018, 11:00:45 AM
Interesting reading
Will you distribute the profits or part of the profits of CargoX to token holders? If yes, how – buyback and burn, or ETH dividends, or… If not, why should the price of CXO token appreciate?
We believe in building a service that will provide more and more value to its users and we intend to innovatively entangle our token with core interactions on our platform, which are the creation and utilisation of digital B/L documents.
Our token is a part of our digitised business model, a part of our software and we do not believe that destroying assets is the right way to do business.
Our aim will be to minimise the transaction costs of such interactions, to provide better matchings and to provide trust — of course, leading to a bigger and bigger CargoX ecosystem. But this does not mean that we will be passive in regard to CXO tokens — we are planning to use them mostly to actively incentivise the launch of our platform and later incentivise its growth; to provide better and better utility for token owners.
So, the answer to your question is no, we are not planning to distribute profits to token holders, we are not planning to burn the tokens or put in place a mechanism to do a buyback. But we will do our best (e.g. using the substantial part of platform's profits) to grow our user-base and design CXO utilities in such a way that more and more users will be active on our platform.
Please note that both, dividends and promise of buyback or burning tokens to push the price up can do more (long-term legal) harm to the project than (short-term) benefit. We will wait for the regulators to perform proper scrutiny of such practices and will consider their response while designing our incentivisation mechanisms.
What is a Bill of Lading?
A Bill of Lading (sometimes abbreviated as B/L or BoL) is a document issued by a carrier (or his agent) to acknowledge receipt of cargo for shipment. This document is used in the sea-freight industry. Bills of lading ensure that exporters receive payment and importers receive the merchandise.
Why is it important to reduce shipping time for B/L documents from weeks to minutes, if the container cargo on a ship is travelling for many weeks anyway?
There are also faster and shorter routes where a container needs only a few days. But in general that is true. However, a B/L is issued when the vessel / container departs (usually within 3 days), and in a perfect scenario the importer would get the B/L before the arrival of container (with high express courier costs). In many cases this is not how it goes. There are payment delays due to bank transfer, sometimes the importer needs few days to get the money, there are holidays in between, etc. And each day of the container waiting in port will incur additional costs, not to mention other issues which might arise due to late container delivery.
What are the barriers in accepting your service as a legal equivalent of an actual paper Bill of Lading?
Going directly to carriers (Maersk, MSC, CMA,...) would keep things slow. But we have done it it differently.
We will approach logistics companies who can accept this without any issues, as long as they are certain that the one claiming the goods is the only one with this B/L token. And this is easily done in blockchain. Just like sending eth from one address to another. So the exporter will send ‘B/L token’ to importer once he gets paid. At that moment he will no longer have it, only the importer will. And it is archived for a certain period of time – a benefit available to token holders.
In second phase, we aim to address that “once he gets paid” part, as currently this action is clearly based on trust. Once we integrate onchain payments, the B/L smart contract will detect payment, and change ownership of the B/L from the exporter to the importer automatically. No need to trust anyone, and no need for expensive escrow like L/C (bank's letter of credit).
How long has the CargoX team been together?
Some of the core members know each other and have worked together for more than 15 years, but most of them more than 10 years. The founders worked together at K+N, so have a long history together.
What do the shipping companies need to do or know in order to use CargoX smart B/L solution? Do they need to have a blockchain expert employed just to use your service?
The process will be quite easy, they will either need to register/login or EDI/API connect with our Smart B/L dApp. Once the B/L is created, it is stored in a decentralised storage – there are already the public addresses of the importer/exporter in that document. All parties will just need to do KYC, so we know who is who, as the B/L can not just be issued by anyone. No other knowledge will be needed. If they use online banking, they should be just fine. There is no need for any development on the part of our partners or logistics companies. If you print a B/L today on paper, you are good to go with our dApp.
Will you implement atomic swaps for the B/L tokens?
Atomic swaps will enable cheaper, faster and safer exchange transactions between different crypto currencies. The technology is still in the prototype status and we are monitoring it closely. Since our token will be an ERC 20 token, we will rely on the capabilities of the Ethereum network, especially the Raiden network.
We are confident that it will be crucial in the future to eliminate any friction in exchange to and from several other crypto currencies, tokens and fiat. Hence, we are following the progress made by other development teams (e.g. altcoin.io, ace-platform.com, tokens.net). Since our primary innovation is in the shipping industry, we believe in establishing long-term partnerships with projects that are developing customer friendly solutions, that will enable fast, secure and user-friendly exchange and will in future take care for adaptations to the newest exchange technologies, like atomic swaps.
Aren't there a lot of companies who use e-waybill already (e-waybill is a B/L but just sent by e-mail)? The biggest shippers like Maersk, MSC, China Shipping do that a lot. What is CargoX's advantage over e-waybill?
E-waybill B/L can not resolve the trust issue. If you have a B/L that means importer has paid for the goods from exporter... If the importer doesn’t have the B/L, there might be many reasons behind this and in the worst case the exporter can claim the goods back from the logistics provider...
There are several versions of this document. There is also the seaway bill (and others) which doesn’t need to be presented physically. However, the B/L is the only guarantee the exporter has that he will get paid for goods produced.
Having the B/L on the blockchain means that it cannot be stolen or lost, its ownership and authenticity is 100% verifiable by anyone, meaning that it can be highly trusted (emails can be spoofed on the other hand). Also, it means no more scanning of documents, thus it is time saving.
And we don’t even focus on shipping lines: our target group are freight forwarders, which issue more B/Ls than shipping lines.
Why such a low cap of only $7 million?
Lately, more or less every ‘hairdresser‘ has an ICO looking for at least $16 million. We calculated that $7m is enough to develop and implement our product. Additionally, we have reserved 25% of tokens for future development. With a low hard cap we are forcing ourselves to do make smart and calculated decisions, which we believe is the only way for a business to succeed. Also, this way, there are more benefits for ICO contributors.
What is the total supply of CargoX.io CXO tokens?
The total number of coins will be known after we have locked the USD/ETH ratio, which will be done the day before the public, no-limit ICO officially starts. Since our hard cap target is in USD, we need that ratio to calculate the maximum number of coins for investors, and with that also the total supply.
More at www.cargox.io
Will you distribute the profits or part of the profits of CargoX to token holders? If yes, how – buyback and burn, or ETH dividends, or… If not, why should the price of CXO token appreciate?
We believe in building a service that will provide more and more value to its users and we intend to innovatively entangle our token with core interactions on our platform, which are the creation and utilisation of digital B/L documents.
Our token is a part of our digitised business model, a part of our software and we do not believe that destroying assets is the right way to do business.
Our aim will be to minimise the transaction costs of such interactions, to provide better matchings and to provide trust — of course, leading to a bigger and bigger CargoX ecosystem. But this does not mean that we will be passive in regard to CXO tokens — we are planning to use them mostly to actively incentivise the launch of our platform and later incentivise its growth; to provide better and better utility for token owners.
So, the answer to your question is no, we are not planning to distribute profits to token holders, we are not planning to burn the tokens or put in place a mechanism to do a buyback. But we will do our best (e.g. using the substantial part of platform's profits) to grow our user-base and design CXO utilities in such a way that more and more users will be active on our platform.
Please note that both, dividends and promise of buyback or burning tokens to push the price up can do more (long-term legal) harm to the project than (short-term) benefit. We will wait for the regulators to perform proper scrutiny of such practices and will consider their response while designing our incentivisation mechanisms.
What is a Bill of Lading?
A Bill of Lading (sometimes abbreviated as B/L or BoL) is a document issued by a carrier (or his agent) to acknowledge receipt of cargo for shipment. This document is used in the sea-freight industry. Bills of lading ensure that exporters receive payment and importers receive the merchandise.
Why is it important to reduce shipping time for B/L documents from weeks to minutes, if the container cargo on a ship is travelling for many weeks anyway?
There are also faster and shorter routes where a container needs only a few days. But in general that is true. However, a B/L is issued when the vessel / container departs (usually within 3 days), and in a perfect scenario the importer would get the B/L before the arrival of container (with high express courier costs). In many cases this is not how it goes. There are payment delays due to bank transfer, sometimes the importer needs few days to get the money, there are holidays in between, etc. And each day of the container waiting in port will incur additional costs, not to mention other issues which might arise due to late container delivery.
What are the barriers in accepting your service as a legal equivalent of an actual paper Bill of Lading?
Going directly to carriers (Maersk, MSC, CMA,...) would keep things slow. But we have done it it differently.
We will approach logistics companies who can accept this without any issues, as long as they are certain that the one claiming the goods is the only one with this B/L token. And this is easily done in blockchain. Just like sending eth from one address to another. So the exporter will send ‘B/L token’ to importer once he gets paid. At that moment he will no longer have it, only the importer will. And it is archived for a certain period of time – a benefit available to token holders.
In second phase, we aim to address that “once he gets paid” part, as currently this action is clearly based on trust. Once we integrate onchain payments, the B/L smart contract will detect payment, and change ownership of the B/L from the exporter to the importer automatically. No need to trust anyone, and no need for expensive escrow like L/C (bank's letter of credit).
How long has the CargoX team been together?
Some of the core members know each other and have worked together for more than 15 years, but most of them more than 10 years. The founders worked together at K+N, so have a long history together.
What do the shipping companies need to do or know in order to use CargoX smart B/L solution? Do they need to have a blockchain expert employed just to use your service?
The process will be quite easy, they will either need to register/login or EDI/API connect with our Smart B/L dApp. Once the B/L is created, it is stored in a decentralised storage – there are already the public addresses of the importer/exporter in that document. All parties will just need to do KYC, so we know who is who, as the B/L can not just be issued by anyone. No other knowledge will be needed. If they use online banking, they should be just fine. There is no need for any development on the part of our partners or logistics companies. If you print a B/L today on paper, you are good to go with our dApp.
Will you implement atomic swaps for the B/L tokens?
Atomic swaps will enable cheaper, faster and safer exchange transactions between different crypto currencies. The technology is still in the prototype status and we are monitoring it closely. Since our token will be an ERC 20 token, we will rely on the capabilities of the Ethereum network, especially the Raiden network.
We are confident that it will be crucial in the future to eliminate any friction in exchange to and from several other crypto currencies, tokens and fiat. Hence, we are following the progress made by other development teams (e.g. altcoin.io, ace-platform.com, tokens.net). Since our primary innovation is in the shipping industry, we believe in establishing long-term partnerships with projects that are developing customer friendly solutions, that will enable fast, secure and user-friendly exchange and will in future take care for adaptations to the newest exchange technologies, like atomic swaps.
Aren't there a lot of companies who use e-waybill already (e-waybill is a B/L but just sent by e-mail)? The biggest shippers like Maersk, MSC, China Shipping do that a lot. What is CargoX's advantage over e-waybill?
E-waybill B/L can not resolve the trust issue. If you have a B/L that means importer has paid for the goods from exporter... If the importer doesn’t have the B/L, there might be many reasons behind this and in the worst case the exporter can claim the goods back from the logistics provider...
There are several versions of this document. There is also the seaway bill (and others) which doesn’t need to be presented physically. However, the B/L is the only guarantee the exporter has that he will get paid for goods produced.
Having the B/L on the blockchain means that it cannot be stolen or lost, its ownership and authenticity is 100% verifiable by anyone, meaning that it can be highly trusted (emails can be spoofed on the other hand). Also, it means no more scanning of documents, thus it is time saving.
And we don’t even focus on shipping lines: our target group are freight forwarders, which issue more B/Ls than shipping lines.
Why such a low cap of only $7 million?
Lately, more or less every ‘hairdresser‘ has an ICO looking for at least $16 million. We calculated that $7m is enough to develop and implement our product. Additionally, we have reserved 25% of tokens for future development. With a low hard cap we are forcing ourselves to do make smart and calculated decisions, which we believe is the only way for a business to succeed. Also, this way, there are more benefits for ICO contributors.
What is the total supply of CargoX.io CXO tokens?
The total number of coins will be known after we have locked the USD/ETH ratio, which will be done the day before the public, no-limit ICO officially starts. Since our hard cap target is in USD, we need that ratio to calculate the maximum number of coins for investors, and with that also the total supply.
More at www.cargox.io
January 14, 2018, 08:52:28 AM
CargoX (CXO) - What is it? Should you invest?
Great VIDEO
Take a look
https://www.youtube.com/watch?v=WDI5vEq02JM
Great VIDEO
Take a look
https://www.youtube.com/watch?v=WDI5vEq02JM
January 14, 2018, 03:43:55 AM
January 14, 2018, 03:39:23 AM
Why invest to CargoX?
Disrupting the Shipping Industry
With Smart B/L on the blockchain there will be no need for paper B/L 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 B/L is issued instantly and is immediately available to the Exporter. When agreed conditions are met, Smart B/L 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 B/L 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 B/L is sent at least three times with couriers making it extremely expensive and slow. The average cost for sending a B/L three times is around $100 and it takes up to 10 days to reach the final destination. More than 50 million B/Ls are created every year.
Bill of Lading Fact Sheet
50+ million
B/L 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 billion courier 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 B/L, which is a blockchain-based token, we cut down the time and costs needed for B/L transfers. By sending tokens on the blockchain you can easily and securely change the ownership from Exporter to Importer which makes the Smart B/L tokens the perfect tool for claiming the ownership rights to the cargo.
Join CargoX Telegram for more
https://t.me/joinchat/GAKhBQ48675fRRMEd-kLcw
Disrupting the Shipping Industry
With Smart B/L on the blockchain there will be no need for paper B/L 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 B/L is issued instantly and is immediately available to the Exporter. When agreed conditions are met, Smart B/L 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 B/L 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 B/L is sent at least three times with couriers making it extremely expensive and slow. The average cost for sending a B/L three times is around $100 and it takes up to 10 days to reach the final destination. More than 50 million B/Ls are created every year.
Bill of Lading Fact Sheet
50+ million
B/L 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 billion courier 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 B/L, which is a blockchain-based token, we cut down the time and costs needed for B/L transfers. By sending tokens on the blockchain you can easily and securely change the ownership from Exporter to Importer which makes the Smart B/L tokens the perfect tool for claiming the ownership rights to the cargo.
Join CargoX Telegram for more
https://t.me/joinchat/GAKhBQ48675fRRMEd-kLcw
January 14, 2018, 02:49:42 AM
The CargoX Token Pre-Sale is finished.
We have raised over 2000 ETH which means that CargoX.io is happening!
SO
If i want contribute now must fill up KYC and then wait?
how much bonus for normal contributors?
We have raised over 2000 ETH which means that CargoX.io is happening!
SO
If i want contribute now must fill up KYC and then wait?
how much bonus for normal contributors?
January 14, 2018, 02:47:02 AM
The project itself looks promising, will definitely stick around
Very promising and tremendous idea&business plan for worldwide adoption
Check www.cargox.io
January 13, 2018, 05:21:15 PM
The project itself looks promising, will definitely stick around
January 13, 2018, 04:36:36 PM
Yes, and these problems are very real.
Just in last few days, we have heard many of the users on our telegram group (https://t.me/joinchat/GAKhBQ48675fRRMEd-kLcw), to actually share their stories from real life and their frustration with paper B/L handling and problems.
Just in last few days, we have heard many of the users on our telegram group (https://t.me/joinchat/GAKhBQ48675fRRMEd-kLcw), to actually share their stories from real life and their frustration with paper B/L handling and problems.
January 12, 2018, 06:24:36 AM
Hello! I am editor from icoholder.com. Your IСO was added to our listing and now is available to investors: https://icoholder.com/en/ico/cargox-17503 You can edit your Page by adding more information about your ICO after verification and also verify team members to improve ranking.
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Please note that the more verified team members - the higher the rating of your ICO and it is more trusted.
January 13, 2018, 03:18:37 PM
Interesting problems to solve
PAIN 1 - SPEED: These paper documents need to be sent from exporter to importer, and have an average travel time of more than a week while swapping hands of 2-3 courier delivery services.
PAIN 2 - LOST: The longer the voyage, higher the chances for documents to get lost or even stolen. Which would not be such a problem, if the replacement document wouldn’t require over 20 days to be re-issued!
PAIN 3 - COST: Cost of issuing and transporting one paper B/L document is between $100-$180.
PAIN 1 - SPEED: These paper documents need to be sent from exporter to importer, and have an average travel time of more than a week while swapping hands of 2-3 courier delivery services.
PAIN 2 - LOST: The longer the voyage, higher the chances for documents to get lost or even stolen. Which would not be such a problem, if the replacement document wouldn’t require over 20 days to be re-issued!
PAIN 3 - COST: Cost of issuing and transporting one paper B/L document is between $100-$180.
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