India is digitalising its bills of lading and other trade documentation workflows as one of the last missing elements within the country’s electronic Port Community System (PCS).
CargoX, the provider of the CargoX blockchain document transfer (BDT) platform, has been granted approval by the International Group of P&I Clubs (IGP&I) to use the neutral, public blockchain Ethereum network for its platform.
CargoX has completed the launch of its blockchain platform for the transport industry, which it claims is the “first open, neutral, and accessible blockchain platform” for shipping.
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