CargoX, RoadLaunch Create First Integrated Logistics Blockchain

CargoX, RoadLaunch Create First Integrated Logistics Blockchain

First time public and private blockchains have come together

CargoX, the public blockchain logistics document transaction platform which was built on a public blockchain, has been integrated into RoadLaunch, the private blockchain-based digital freight management platform.

This is the first publicly available integrated product in logistics of this kind, which merges the strengths of public and private blockchains in one solution to provide business users with the best of both worlds.

The RoadLaunch platform streamlines freight quoting, dispatch, capacity management, load matching, asset tracking and instant settlement of freight payments into an intuitive, fully integrated and easy-to-use system.

CargoX has added a great new feature, with a secure and trustworthy way to digitally transfer ownership of global trade documents.

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The joint solution keeps records of the user’s data and documentation on multiple blockchains simultaneously. Users access the services in one single-window application, and they need no knowledge of the underlying blockchain technologies to use them successfully.

Cory Skinner, founder, and CEO of RoadLaunch and FactR said: “The partnership with CargoX is a big step forward in the supply chain industry and further sets the stage for next-generation logistics.

“Global organizations will be able to see an enhanced, trusted and simple interface for their shipment tracking and document transactions using multiple blockchain technologies."

Read More: Blockchain to Push Paper Bill of Lading into Retirement

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Transport and Logistics ME