CXO tokens are the basic tool of the pillar of CargoX platform. At the agreement level, CXO tokens must be exchanged for CargoX services, such as issuing smart bills of lading and smart letter of credit documents, that is, CXO tokens can be regarded as the "gasoline" for issuing smart bills of lading. Gasoline is always consumed in the processing process, so CXO tokens are not just utility tokens, but a special subclass of currency tokens. Using CXO tokens as internal payments -- purchasing smart bills of lading -- creates a unique speed receiver to really feel the value of CXO tokens.

CargoX reshapes the future of global trade with a blockchain-based bill of lading system. CargoX is an independent provider of intelligent bill of Lading systems that provide an extremely fast, secure and cost-effective way to process bills of lading around the world. CargoX has developed a decentralized platform based on the Ethereum network, blockchain document processing system technology and future product lines for the supply chain industry. CargoX has been awarded the 2018 Blockchain Innovation Award, the 2018 World Road Transport Alliance World Entrepreneurship Award and the first pass in the FINANCIAL Times /RSG Consulting 2018 Smart Business Awards.

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