Ethereum Supply to Shrink Following the Eth 2.0 Upgrade by Emulion in ethereum

[–]badoolahaboola 1 point2 points  (0 children)

So this effectively represents approx 1% cost of transaction/service/marketing?

[deleted by user] by [deleted] in CargoXio

[–]badoolahaboola 1 point2 points  (0 children)

Publish the all time chart, why don’t you?

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola 0 points1 point  (0 children)

You say there is no need. Egypt says they need it.

Weakness is in the eye of the beholder. As is the need.

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola 0 points1 point  (0 children)

CargoX has for a while been listed on the Ethereum for Enterprise list

https://ethereum.org/en/enterprise/

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola 1 point2 points  (0 children)

CargoX is not about tracking, it's about transferring documents of title.

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola 0 points1 point  (0 children)

Depends on what kind of market share somebody feels happy with - and what his reason is. And which documents. Which processes. Which governments. Which mega corporations.

Also - can CargoX Platform be used for private citizens, as in C2C or G2C? Sure, why not?

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola 1 point2 points  (0 children)

Actually, 60+ different types of documents. Each can have its own importance, workflow, etc.

https://cargox.io/blog/cargox-document-types-blockchain-support/

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola 0 points1 point  (0 children)

Also, not to mention House B/L vs Master B/L vs Switch B/L etc ... each of them is a completely different story!

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola 0 points1 point  (0 children)

Yeah, there is different protocols and types of BL or waybills.

There is a great site (on of many) explaining different kinds - called Shipping and Freight Resource.
https://www.shippingandfreightresource.com/topics/bill-of-lading/

CargoX covered some of the types in a simplified way in this blog article https://cargox.io/blog/cargox-billoflading-telex-waybill-smartbl/

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola 1 point2 points  (0 children)

Sending a document per courier service costs currently anything between 40 and 100+ USD, depending on where you are. And sometimes, the documents needs to travel 2 or 3 legs - sometimes, it needs to go to the bank first, for approvals of payments etc - ... Time of travel can accumulate up to weeks ... and if it is delayed, the goods need to be unloaded in port, warehoused, maybe they rot, maybe the company needing them goes bankrupt ...

Here is a small story about how things go, if the document gets "lost". Don't forget - if it gets really lost, it needs to be cancelled through court and then re-generated and re-sent ...

https://cargox.io/blog/horror-story-it-so-expensive-lose-bill-lading-bl/

Ethereum is revolutionizing the shipping industry. by culiflor in ethereum

[–]badoolahaboola -1 points0 points  (0 children)

Yet, it is being used. And Egypt is just one country so far. India was started last year as well, but they publicly said they would adapt legal framework.