Topic: [ANN] CargoX.io - Ocean Freight Logistics on Blockchain - Pilot in Q2 2018! - page 8. (Read 4329 times)
January 31, 2018, 04:25:17 AM
Interesting approach cargox.io. I want to buy CXO on exchanges. Great "interface" in shipping for companies to use the B/L.
January 31, 2018, 04:06:24 AM
CargoX will transform the global shipping industry by securing “Bill of Lading” documents using blockchain technology, thus providing a way for importers and exporters to exchange those documents digitally, securely and without counterfeit in an open environment.
CargoX aims to disrupt the container shipping industry through the creation of decentralised and open protocols, tools and utilities for the exchange of shipment ownership (Bill of Lading) documents in the logistics industry.
With Smart B/L we will change today's physical (paper) proof of ownership used for claiming cargo at the destination port with blockchain-assisted digital proof of ownership, making it more secure, instantly transferable, easier to archive and massively cheaper than the current (paper) solution.
CargoX will connect producers, importers, freight forwarders and other involved parties in a well-balanced ecosystem based on trust and frictionless interactions, providing tools for seemingless exchange of documents, saving them time and money while giving them a high level of security, transparency and traceability–the logistics industry’s top three pain points and problems.
CargoX aims to disrupt the container shipping industry through the creation of decentralised and open protocols, tools and utilities for the exchange of shipment ownership (Bill of Lading) documents in the logistics industry.
With Smart B/L we will change today's physical (paper) proof of ownership used for claiming cargo at the destination port with blockchain-assisted digital proof of ownership, making it more secure, instantly transferable, easier to archive and massively cheaper than the current (paper) solution.
CargoX will connect producers, importers, freight forwarders and other involved parties in a well-balanced ecosystem based on trust and frictionless interactions, providing tools for seemingless exchange of documents, saving them time and money while giving them a high level of security, transparency and traceability–the logistics industry’s top three pain points and problems.
January 31, 2018, 03:31:38 AM
w00t w00t
CargoX in the biggest Slovenian finance&business magazine
https://manager.finance.si/8863903/Kaj-bo-delal-slovenski-kriptologist-ki-je-v-nekaj-minutah-zbral-milijone
CargoX in the biggest Slovenian finance&business magazine
https://manager.finance.si/8863903/Kaj-bo-delal-slovenski-kriptologist-ki-je-v-nekaj-minutah-zbral-milijone
A lot of talking about CargoX in the media I see. Will be even more once they see the real power of cargox platform
When new exchanges will be adopted + new agreements + news will be out = adoption is close
CXO will fly to x50
I am waiting for new agreements and news. Can't wait to hear some big news. Price will go up once it will be implemented in the shipping system and app out and stuff. Will be soon I think.
January 30, 2018, 08:12:13 AM
w00t w00t
CargoX in the biggest Slovenian finance&business magazine
https://manager.finance.si/8863903/Kaj-bo-delal-slovenski-kriptologist-ki-je-v-nekaj-minutah-zbral-milijone
CargoX in the biggest Slovenian finance&business magazine
https://manager.finance.si/8863903/Kaj-bo-delal-slovenski-kriptologist-ki-je-v-nekaj-minutah-zbral-milijone
A lot of talking about CargoX in the media I see. Will be even more once they see the real power of cargox platform
When new exchanges will be adopted + new agreements + news will be out = adoption is close
CXO will fly to x50
January 30, 2018, 06:01:55 AM
w00t w00t
CargoX in the biggest Slovenian finance&business magazine
https://manager.finance.si/8863903/Kaj-bo-delal-slovenski-kriptologist-ki-je-v-nekaj-minutah-zbral-milijone
CargoX in the biggest Slovenian finance&business magazine
https://manager.finance.si/8863903/Kaj-bo-delal-slovenski-kriptologist-ki-je-v-nekaj-minutah-zbral-milijone
A lot of talking about CargoX in the media I see. Will be even more once they see the real power of cargox platform
January 29, 2018, 01:29:29 PM
w00t w00t
CargoX in the biggest Slovenian finance&business magazine
https://manager.finance.si/8863903/Kaj-bo-delal-slovenski-kriptologist-ki-je-v-nekaj-minutah-zbral-milijone
CargoX in the biggest Slovenian finance&business magazine
https://manager.finance.si/8863903/Kaj-bo-delal-slovenski-kriptologist-ki-je-v-nekaj-minutah-zbral-milijone
January 29, 2018, 10:55:33 AM
ICO hard-cap: USD 7,000,000
Presale (24h): over 2500 ETH
ICO sale: 4323 ETH
ICO sale time: 7 minutes 40 seconds
Contributors: over 2000, from 95 different countries
Average contribution: ~3,1 ETH
Parties held at CargoX headquarters: 0 (until now, that is!)
Average contribution - no big whales a lot of people and means good for price of token
Presale (24h): over 2500 ETH
ICO sale: 4323 ETH
ICO sale time: 7 minutes 40 seconds
Contributors: over 2000, from 95 different countries
Average contribution: ~3,1 ETH
Parties held at CargoX headquarters: 0 (until now, that is!)
Average contribution - no big whales a lot of people and means good for price of token
January 28, 2018, 07:38:17 AM
January 28, 2018, 06:59:42 AM
lol you are full of shit
there was presale and crowdsale limit was 5 eth per person
where do you see whales
don't cry now if you didn't get tokens
you can buy on exchanges
there was presale and crowdsale limit was 5 eth per person
where do you see whales
don't cry now if you didn't get tokens
you can buy on exchanges
January 28, 2018, 02:33:08 AM
January 28, 2018, 02:32:36 AM
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.
Smart B/L 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.
www.cargox.io for more
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.
Smart B/L 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.
www.cargox.io for more
January 27, 2018, 05:10:31 PM
CargoX B/L eXchange Protocol (B/L X)
The CargoX B/L X eXchange Protocol provides the following
services:
Creation and storage of timestamped B/L documents.
Proof and transfer of ownership of B/L documents.
Annexation of B/L documents.
The protocol connects the following parties:
Carrier (typically an NVOCC) which acts as a B/L issuer
and guarantor.
Exporter (shipper).
Importer (consignee).
Banks, Insurance companies
In the protocol CargoX acts as the service provider that:
Defines the protocol rules (by updating the contract).
Approves carriers or NVOCCs as issuers on the B/L
eXchange protocol.
Governs the network in accordance with the best
interests of all parties:
acts as the dispute intermediary
resolves unintended actions in cases of misuse
(Smart B/L sent to the wrong address, etc.)
regulates the use of the protocol
The service provider collects CXO tokens as a reward for its
services and is allowed to sell them on open markets.
The protocol enables creation, annexation and exchange of
B/L documents between the three parties listed above.
Ethereum and encrypted decentralised storage will act as the
underlying technologies, offering an open and non-exclusive
access to the B/L X protocol, fostering an open industry
ecosystem.
The CargoX B/L X eXchange Protocol provides the following
services:
Creation and storage of timestamped B/L documents.
Proof and transfer of ownership of B/L documents.
Annexation of B/L documents.
The protocol connects the following parties:
Carrier (typically an NVOCC) which acts as a B/L issuer
and guarantor.
Exporter (shipper).
Importer (consignee).
Banks, Insurance companies
In the protocol CargoX acts as the service provider that:
Defines the protocol rules (by updating the contract).
Approves carriers or NVOCCs as issuers on the B/L
eXchange protocol.
Governs the network in accordance with the best
interests of all parties:
acts as the dispute intermediary
resolves unintended actions in cases of misuse
(Smart B/L sent to the wrong address, etc.)
regulates the use of the protocol
The service provider collects CXO tokens as a reward for its
services and is allowed to sell them on open markets.
The protocol enables creation, annexation and exchange of
B/L documents between the three parties listed above.
Ethereum and encrypted decentralised storage will act as the
underlying technologies, offering an open and non-exclusive
access to the B/L X protocol, fostering an open industry
ecosystem.
January 27, 2018, 07:05:56 AM
soon my friends soon 
January 27, 2018, 04:22:25 AM
Fast and furious
So, this is what we all achieved together:
ICO hard-cap: USD 7,000,000
Presale (24h): over 2500 ETH
ICO sale: 4323 ETH
ICO sale time: 7 minutes 40 seconds
Contributors: over 2000, from 95 different countries
Average contribution: ~3,1 ETH
Parties held at CargoX headquarters: 0 (until now, that is!)
Now, for the business part! We will, of course, take a day or two off, to recover from the brutal engagement in the past three weeks, and then work on reaching our aggressive milestones are closing in already. Also, partnerships await (you can sign up here!), and we have major announcements to make soon!
Agreed... when it hits numerous exchanges it will go boom and if you look at the roadmap when they get their App working it will be moon time I can feel it.
So, this is what we all achieved together:
ICO hard-cap: USD 7,000,000
Presale (24h): over 2500 ETH
ICO sale: 4323 ETH
ICO sale time: 7 minutes 40 seconds
Contributors: over 2000, from 95 different countries
Average contribution: ~3,1 ETH
Parties held at CargoX headquarters: 0 (until now, that is!)
Now, for the business part! We will, of course, take a day or two off, to recover from the brutal engagement in the past three weeks, and then work on reaching our aggressive milestones are closing in already. Also, partnerships await (you can sign up here!), and we have major announcements to make soon!
Agreed... when it hits numerous exchanges it will go boom and if you look at the roadmap when they get their App working it will be moon time I can feel it.
January 26, 2018, 02:34:11 PM
CXO - CARGOX will be x100 x200 project
wait a little and you will see
if you didn't get in ICO - try now buy in first lines when it will hit exchanges
wait a little and you will see
if you didn't get in ICO - try now buy in first lines when it will hit exchanges
January 26, 2018, 09:35:22 AM
Did you know? Logistics are the backbone of all global trade. Some 90% of all goods in global trade are handled by the sea shipping industry each year, making shipping one of the world’s biggest industries. And this industry still uses one of the world's oldest methods for issuing proof of ownership. Paper. Around 400,000 trees are felled just for the printing of Bills of Lading. Per year. Whoever has the Bill of Lading owns the goods in the container, making this piece of paper the most important document in global logistics. Blockchain and Smart Contracts are made for this industry.
About the Project Bill of Lading (B/L) document is the most important document in the global logistics industry. B/L is the mandatory document needed for every container that boards an ocean cargo ship. Over 50 million B/L paper documents are issued every year. Value of B/L document equals the value of shipped goods. Only holder of this document can claim the container at the destination port. Unfortunately, paper B/L documents themselves are the root cause of many challenges that plague the industry.
CargoX.io aims to disrupt the global logistics by introducing Smart Contract B/L documents based on blockchain technology, replacing old-style paper bill of lading documents. Problems and proposed solution - a Smart Contract based Bill of Lading By tokenising the Bill of Lading documents using the Ethereum blockchain network, we solve the biggest problems of logistics and supply chain management:
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 a problem, if the process to resolve it wouldn’t be a complete bureaucratic nightmare and 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.
Blockchain-backed CargoX.io Smart B/L will offer a superior service at a fraction of the cost (<$12). Users of CargoX Smart B/L will be able to transfer cargo ownership rights in a safe and transparent way, in mere seconds instead of weeks. CargoX.io = 100x faster, 10x cheaper and many times safer than ever before.
About the Project Bill of Lading (B/L) document is the most important document in the global logistics industry. B/L is the mandatory document needed for every container that boards an ocean cargo ship. Over 50 million B/L paper documents are issued every year. Value of B/L document equals the value of shipped goods. Only holder of this document can claim the container at the destination port. Unfortunately, paper B/L documents themselves are the root cause of many challenges that plague the industry.
CargoX.io aims to disrupt the global logistics by introducing Smart Contract B/L documents based on blockchain technology, replacing old-style paper bill of lading documents. Problems and proposed solution - a Smart Contract based Bill of Lading By tokenising the Bill of Lading documents using the Ethereum blockchain network, we solve the biggest problems of logistics and supply chain management:
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 a problem, if the process to resolve it wouldn’t be a complete bureaucratic nightmare and 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.
Blockchain-backed CargoX.io Smart B/L will offer a superior service at a fraction of the cost (<$12). Users of CargoX Smart B/L will be able to transfer cargo ownership rights in a safe and transparent way, in mere seconds instead of weeks. CargoX.io = 100x faster, 10x cheaper and many times safer than ever before.
January 26, 2018, 09:05:47 AM
CargoX aims to disrupt the global logistics industry by tokenizing Bill of Lading document. With the tokenized Bill of Lading document users will be able to state and transfer the cargo ownership rights and value without the hassle of handling paper. No more Express courier fees, vault keeping and paper archiving.
all the links for everyone who want to read more: https://coinclarity.com/ico-events/cargox/
all the links for everyone who want to read more: https://coinclarity.com/ico-events/cargox/
January 26, 2018, 06:16:09 AM
Interesting token distribution marketing PR sales and security is important
January 25, 2018, 07:09:17 AM
January 25, 2018, 04:29:01 AM
Everyone here saying that the ICO was a scam is just mad that they couldn't participate. If you'd had done your research about how to set the right amount of gwei and gas then you would've gotten a better shot to participate.
I personally sat down in front of my computer with the CET clock displayed on another tab window and sent my Ethereum the moment the clock stroke 15:00 CET. As the network was overloaded by the massive amount of people trying to contirbute to the project, only the tx fees that had a higher Gwei price were taken first. The smart contract was triggered a s it should and I was lucky enough (had done enough to set the right gwei price and gas limit) to participate. I had to wait 5 minutes before my transaction was processed. The total fee was about 30$ for me. So don't spam this announcement thread saying the ICO was only for whales.
Over 2000 contributors participated from over 95 countries. If you take the average of 7 million USD divided by 2000 participants you get an avergae contribution of 3500 USD per participant. These numbers aren't small but they are definitely no whale numberS.
As far as I'm concerned the team at CargoX did a great job. The max amount of ETH that people could send was set at 5 ETH to prevent whales buying up all the tokens. The ICO hard cap was small to begin with and that's a good thing. It shows that these guys aren't here to just take peoples money, but they are here to deliver a solution for a critical problem in the shipping industry.
The team is solid as they are already an active company in this industry. They have won several prizes as a start-up in 2016 and are set to go big in 2017. Even if you couldn't participate in the ICO, the hard cap is only 7 million USD. Even if people sell it for x4 the price already it is still a good investment. How many crypto proejcts have a real dedicated team behind them with a real working product already? Not much if you ask me.
I personally sat down in front of my computer with the CET clock displayed on another tab window and sent my Ethereum the moment the clock stroke 15:00 CET. As the network was overloaded by the massive amount of people trying to contirbute to the project, only the tx fees that had a higher Gwei price were taken first. The smart contract was triggered a s it should and I was lucky enough (had done enough to set the right gwei price and gas limit) to participate. I had to wait 5 minutes before my transaction was processed. The total fee was about 30$ for me. So don't spam this announcement thread saying the ICO was only for whales.
Over 2000 contributors participated from over 95 countries. If you take the average of 7 million USD divided by 2000 participants you get an avergae contribution of 3500 USD per participant. These numbers aren't small but they are definitely no whale numberS.
As far as I'm concerned the team at CargoX did a great job. The max amount of ETH that people could send was set at 5 ETH to prevent whales buying up all the tokens. The ICO hard cap was small to begin with and that's a good thing. It shows that these guys aren't here to just take peoples money, but they are here to deliver a solution for a critical problem in the shipping industry.
The team is solid as they are already an active company in this industry. They have won several prizes as a start-up in 2016 and are set to go big in 2017. Even if you couldn't participate in the ICO, the hard cap is only 7 million USD. Even if people sell it for x4 the price already it is still a good investment. How many crypto proejcts have a real dedicated team behind them with a real working product already? Not much if you ask me.
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