The container, refined with the cutting edge brand-new blockchain-based CargoX Smart Bill of Lading ™, has actually been launched effectively in the Port of Koper, Slovenia (EU), where it got here on Sunday, 19 August 2018, finishing its trip from Shanghai (China) aboard the freight ship Ever Safety, and also was delivered by one the globe’s biggest products forwarder.
The Bill of Lading for this delivery has actually been released online and also moved with the aid of an ultra-secure and also trustworthy public blockchain network in simply mins rather than days or weeks, and also the opportunities of loss, burglary or damages of the Bill of Lading have actually been significantly lowered to near-zero.
At USD 15, the expense of such a risk-free digital Bill of Lading was a simple portion, around 15% of the approximated typical rate for a paper record to be moved with messenger solutions around the world.
The entire procedure was totally main, certified and also problem-free, which has actually been with one voice validated by all the guests in Asia and also Europe.
The importer was the firm Metro d.d., much better recognized for their network of MANA apparel shops throughout the CEE area, with a chain of 200 stores. “We are extremely happy to be able to confirm that all went well with the new blockchain-based electronic Bill of Lading, as this will give us the opportunity to lower the cost of importing goods significantly. We import hundreds of TEU from the Far East, and we are always trying hard to optimize our supply chain. If it raises the safety and reliability of the document transfer, that is an added value for us as well!” claimed Milo š Ko šir, logistics supervisor of Metro d.d.
The merchant, theHangzhou Doko Garments Co Ltd., is among the 1,000+ making plants in the Hangzhou area, which stand for 50% of China’s approximately 600 ready-to-wear brand names concentrated on the upper-middle females’s style market. Their CHIEF EXECUTIVE OFFICER,Mr Lin, authorizes of the CargoX Smart B/L ™:”We rejoiced to follow the brand-new procedure, as it was truly very easy and also speedy to apply, and also the opportunity to look after where the B/L presently is and also constantly have the archive available are benefits that we truly believe can bring an excellent advantage to us. We are checking out the chance and also the impact it would certainly carry our firm overall.”
CargoX, led by Stefan Kukman, owner, and also chief executive officer, is currently validating the accessibility of the blockchain-based Smart B/L ™ to organization consumers, with numerous effective tests currently underway.
“Our initial idea was to solve one problem at a time and not to solve all the problems that shipping industry is facing at once. Looking at the current situation we made a proper decision and sticking to our game plan is paying out. By successfully completing the official test shipment we are concluding our development and testing phase of our CargoX Smart B/L™ solution, which will now be available to all logistics and shipping companies who want to reduce their Bill of Lading issuing and processing costs by up to 85 %, as well as save weeks waiting for the document, and who also want to have complete security and document ownership transfer capabilities,” claimed Stefan Kukman, chief executive officer and also owner of CargoX, a blockchain service carrier for the logistics and also delivery market.
CargoX intends to be existing at significant logistics fairs and also occasions, and also client tests of the service are readily available from September 2018.
The delivery of garments was sent out on Friday, 27 July 2018. The delivery concerned was a 20-foot (1 TEU) container, having 24.8 cbm (cubic meters) of garment freight, considering 3752 kg.
The container was filled in the port of Shanghai, China, and also it was released in the port of Koper, Slovenia (European Union). The ship lugging it was the Ever Safety, a 299.99 x 42.8 m freight ship constructed in 2007.
Sea News, August 23
