Type

Advantages

Disadvantages

CARGOX

Public (restricted) Ethereum-based Blockchain

Well Known blockchain House of Landing

Transactions are viewable to entire network

Helped blockchain to be acceptable in Shipping Industry

Does not support negotiable BOL

Not approved by P&I clubs

High Value of tokens make transaction unacceptable

EssDocs-Voltron

Permissioned Based on Corda

Cross-platform connectivity

Use R3 Corda Ricardian Contract

Beta mode

Finance based model

Banks have access to all companies data

Cannot use token

Tradelens

Private (based on Hyperledger Fabric)

Generic platform for supply chain solutions

Promoted by IBM and Maersk

Doesn’t provide maritime specific operations.

e-title

Peer 2 peer

Hybrid platform

Accept any format of Document (PDF, IMAGE, XML, EDI)

Need of Paper Based bill of landing to convert it in electronic Bill of Landing

Edox Online

Web based blockchain

P&I Clubs accepted

Lack of privacy

Bolero

Cloud Based

Scan paper documents

Manage Huge load of Documents

Contractual provisions binding only the contracting parties and cannot provide obligations to third parties Centralized