A blockchain bill of lading, developed and exchanged via the CargoX Platform, offers an enhanced electronic bill of lading format (eBL) that boasts superior reliability, security, and confidentiality, all while being incredibly user-friendly.
Utilizing neutral, public blockchain technology, we create an unchangeable record of transfers with an audit trail. This blockchain implementation guarantees absolute transparency in business transactions through irreversible timestamps on document transfers. Additionally, the confidentiality between business partners remains intact, ensuring that no external party can access the document content or transfer detail.
The shift from traditional paper-based bills of lading (BL) to electronic bills of lading (eBL) offers several significant advantages, which can be explored via the following link.