CargoX is the independent supplier of blockchain-based Smart Bill of Lading (Smart B/L™) solutions that provide an extremely fast, safe, reliable, and cost-effective way to process Bills of Lading anywhere in the world. CargoX has developed a decentralised platform based on the Ethereum network, and has a pipeline of future products for the supply chain industry.
CargoX (CXO) is a utility token powering the CargoX platform, which focuses on digitizing and transferring documents in the shipping and logistics industry — think bills of lading and other trade paperwork, but on a blockchain instead of on paper. The CXO token is used to pay for services on the platform, such as issuing or transferring digital documents. In plain terms, it's a tool that helps global trade move from slow paper workflows to fast, verifiable electronic ones.
CXO is a utility token for the CargoX platform, built specifically for document transfer in logistics and international trade, rather than general payments. Unlike many tokens aimed at DeFi or speculation, its purpose is practical: paying for blockchain-based document transactions. Its smart contract address is 0xb6ee9668771a79be7967ee29a63d4184f8097143, and it follows the Token Standard 3 specification.
CargoX uses blockchain to create, transfer, and verify shipping documents in a way that's tamper-proof and traceable. When a document like a bill of lading is issued on the platform, its authenticity can be checked by any authorized party without relying on a single intermediary. The CXO token acts as the fuel for these transactions on the network.
CXO was issued as a fixed-supply token, meaning no new tokens are minted over time beyond the original issuance. The supply is defined in the token's smart contract, which anyone can inspect on the blockchain. This fixed structure means platform usage consumes or circulates existing tokens rather than inflating the supply.
Since CXO is an Ethereum-based token, it can be stored in any wallet that supports ERC-style tokens, such as hardware wallets or popular mobile and browser wallets. Within the CargoX platform, tokens are used to pay for document issuance and transfer services. Always verify the official contract address (0xb6ee9668771a79be7967ee29a63d4184f8097143) before making any transfers.