CargoCoin links the physical world of trade, transport & logistics with the blockchain, by replacing paper documents with smart contracts and providing secure escrow payments throughout the process.

Today we are happy to announce that blockchain startup CargoCoin is joining Daox movement and will be offering its tokens based on the Daox Protocol. The company is looking to raise up to $55,000,000. The token sale on the Daox Network is already open!

About the project

The full scale scope of the project extends to all transport areas — shipping industry (containers, bulk, break bulk, liquid bulk), inland transportation (trucks, railways), air cargo (transportation by planes, drones, etc.), other types of transportation, including, but not limited to: pipeline transport, space cargo, intercity and outer city shared rides.

Transport platform

Dedicated platforms for the different types of transport in development will be interconnected, allowing for infinite transportation functionality. The objective is the creation of synergy between the commodities & cargo traders with all transport means on a global scale. The integration of all participants and tools delivers unique, one of a kind eco-system.

Smart Contracts

CargoCoin utilises the transport platform, as a secure transfer and storage method by the means of smart contracts, as well as a payment provider for transport services and cargoes. Fully unleashes the potential of crypto currencies to act as an interactive way of sending, receiving, approving, rejecting and signing documents through the process.

See project’s page on the Daox.Network for more info: https://daox.network/cargocoin

***

The Daox Protocol is a new standard for all kinds of token sales. It allows for the interaction of investors and startups via decentralized autonomous organizations.

More good news are coming! Stay tuned.

www.daox.org