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The full name of CXO coin is CargoX. CargoX is an independent supplier of smart bill of lading system. It can create a new form of trade through the bill of lading system designed based on blockchain technology. The biggest advantage of this system is that it is very fast and convenient, and it is particularly safe and reliable. It can process bills of lading from all over the world more efficiently at a lower cost. CargoX also won the Blockchain Innovation Award of the year in 2018. As the token of the system, CXO coin is also the most basic tool in the system. Many investors still don’t know what the CXO coin is issued at? Let the coin circle editor bring you an introduction to the CXO coin issuance price and issuance time.

 Introduction to the issuance price and issuance time of CXO coin

According to the investigation of the coin circle editor, the issuance time of CXO coin is February 1, 2018, and the issuance price is 0.1946 US dollars. According to the latest market data, as of 13:47 on September 7, 2021, the price of CXO coin is $0.2919, its return on investment has reached 50.00%, its circulation market value is $37.6717 million, and its global ranking is 205th.

CargoX is developing platforms and protocols to manage bills of lading electronically, tying them to the Ethereum blockchain. Using their smart contracts, shipping logistics will be completed immediately without paper. The potential savings in the industry, including deferred costs and time saved are significant. CargoX has also released a cryptocurrency CXO that allows access to the system and is used as payment within the freight framework. The CXO token is fully compliant with ERC-20. CargoX aims to disrupt the global logistics industry by replacing traditional paper bill of lading documents with smart bill of lading contracts based on blockchain technology to enable the statement and transfer of cargo ownership without handling paper. CargoX brings the benefits of significantly improved speed and security, and reduces costs by 10 times. CargoX has a viable business model with no competition and broad industry support
- including a confirmed 2018/Q2 pilot deployment.

CXO Coin Project Introduction

Richard is composed of several experienced logistics industry innovators. The team is developing a set of smart contracts designed to disrupt the supply chain industry. In addition to launching a bill of lading based on blockchain technology, the company will continue to work with banks and insurance companies to develop smart letters of credit and will implement cryptocurrency settlement in the future.

CargoX's blockchain-based smart bill of lading retains all the basic features of paper bills of lading, and enhances these features with a decentralized ecosystem, including speed, security, and transparency. In addition, it provides a basis for further integration of value-added features, including smart L/C agreements, insurance, etc.

 Advantages of smart bills of lading:

1. Improved security: There is no central storage area for bills of lading. The most important documents in global trade are encrypted and securely written in the blockchain network. They can only be accessed with the trader's private key, and there is no risk of being hacked.

2. Speed up: Smart bills of lading can be transmitted to the terminal recipient in 10 minutes.

3. Eliminate detention period and detention fees: The bill of lading eliminates the possibility of sending to the wrong address and eliminates the disadvantages of long detention time after the goods arrive at the port, which exceeds the free storage period of the goods.

In summary, this is the answer of the editor of the Coin Circle to the question of what is the issue price of CXO coin. I hope that the introduction of the issue price and issue time of CXO coin by the editor of the Coin Circle can help investors have a more comprehensive and objective understanding of CXO coin. The editor of the Coin Circle reminds all investors here that if you really want to invest in CXO coin, you should not only have a general understanding of the project of this currency, but also have a simple understanding of its project team and verify whether the personal information of its project team members is true. If even this is not true, then there is no need to invest in this currency.