BLOCKCHAIN THAT UNLOCKS THE BOXTM

Smarter Moves, Smarter Payments.

DIGITIZING A $4 TRILLION 
DOLLAR INDUSTRY

Modernizing one of the largest industries in the global economy

By creating a blockchain protocol that utilizes immutable ledgers and smart contracts, we will change the way the supply chain process flows.

  • 148

    %

    CONTAINER GROWTH

  • 20

    %

    PAPERWORK COST

  • 5

    DAYS

  • 7

    %

    GREENHOUSE GASSES

  • $

    4

     000.000.000.000

    GLOBAL TRADE

THE BOXBIT BENEFITS

REDUCE PAPERWORK

Reduce paperwork through digitization of documents and minimize the number of mistakes using an immutable database.

COST SAVINGS AND PAYMENT EASE

Lower the cost of delivery by reducing paperwork and administrative costs.  Increase the speed of payments from counterparties.

REAL-TIME VISIBILITY

Access to real-time location tracking for cargo, paired with a complete historical record and immutable audit trail.

PROBLEMS & SOLUTIONS

REDUNDANT DATA ENTRY

CONTAINERS HELD PENDING PAYMENT AGREEMENTS

ACCOUNTS RECEIVABLE COLLECTION HASSLES

TRACKING OF CONTAINER MICRO-LOCATIONS

SMART CONTRACTS HAVE DATA, PAYMENTS AND LOCATION

SINGLE DIGITAL CONTRACT W/TRANSPORTABLE DATA

INSTANT, SECURE PAYMENTS AT EACH PROCESS STEP

BLOCKCHAIN GUARANTEES ELIMINATE COLLECTIONS

REDUNDANT DATA ENTRY

CONTAINERS HELD PENDING PAYMENT AGREEMENTS

ACCOUNTS RECEIVABLE COLLECTION HASSLES

TRACKING OF CONTAINER MICRO-LOCATIONS

SMART CONTRACTS HAVE DATA, PAYMENTS AND LOCATION

SINGLE DIGITAL CONTRACT W˚TRANSPORTABLE DATA

INSTANT, SECURE PAYMENTS AT EACH PROCESS STEP

BLOCKCHAIN GUARANTEES ELIMINATE COLLECTIONS

COMPLETE SUPPLY
CHAIN SOLUTION

Intermodal Focus and Full Document Set

BoxBit it is committed to digitizing the paperwork burden in the container shipping industry by making a complete set of testing, inspection, insurance certification and customs forms with the goal to reduce errors, streamline processes, and keep the containers progressing with their journeys.

uniquely focused on intermodal & the complete set of documents

Beyond just the ship

Beyond just the bill of Lading

BOXBIT PROTOCOL STACK

  • BLOCKCHAIN TRANSACTION LAYER

    Hashed Bill of Lading as key, visible location data, green credit awards, wallet numbers of buyer and seller, settlement amounts.

  • DATABASE LAYER

    Includes field-level permissions for security, overall encryption of commercial terms, container or package numbers, seal numbers, ports of loading and unloading, ocean carrier, railroad, trucking data.

  • MESSAGING LAYER

    Includes private encrypted cross-platform messaging, APIs, SDK calls, two-way EDI, as well as chat between credentialed parties.

  • APPLICATION LAYER

    Open to other developers, software providers, industry participants` internal development. Accessible with approval through the BoxBit App Store.

ICE ARCHITECTURE

Integrated Cryptographic Engineering

Boxbit_Website_13nov_cs6elements

HASHED UUID BILL OF LADING

LOCATION DATA

AUDIT TRAIL

SEAL NUMBERS

PORTS OF LOADING AND UNLOADING

OCEAN CARRIER, RAILROAD, TRUCKING DATA.

PRIVATE DATABASE TO ENSURE PRIVACY

FIELD˜LEVEL SECURITY PERMISSIONS˚

FINANCIAL DATA

ENCRYPTION OF CONTRACT TERMS

PRIVATE COMPANY DETAILS

PUBLIC BLOCKCHAIN TO INCREASE TRUST

GREEN BONUS

HASHED UUID "BILL OF LADIN"

LOCATION DATA

AUDIT TRAIL

SEAL NUMBERS

PORTS OF LOADING AND UNLOADING

OCEAN CARRIER, RAILROAD, TRUCKING DATA.

PRIVATE DATABASE TO ENSURE PRIVACY

FIELD-LEVEL SECURITY PERMISSIONS

FINANCIAL DATA

ENCRYPTION OF CONTRACT TERMS

PRIVATE COMPANY DETAILS

PUBLIC BLOCKCHAIN TO INCREASE TRUST

GREEN BONUS

SIMPLIFYING THROUGH DIGITIZING

By moving traditional contracts onto the blockchain, and adopting the use of smart contracts, we will put your entire supply chain in the palm of your hand.

TEAM

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Dr. Scott Harper

Chief Executive Officer

Dr. Scott Harper is the Chief Executive Officer of BoxBit Global. Scott is an expert in enterprise software and efficiency improvement in the logistics space. Scott has worked closely with such BCOs as Johnson Wax, SMH Group (Swatch, Omega), and Nestle, devising operational and logistical systems. Scott works on strategic technology, marketing, and finance issues for BoxBit.

Scott most recently served as the Chief Executive Officer of EagleRail Container Logistics, where he led the development of new technology in the shipping space for shuttling containers automatically. Prior to that he was the Chief Financial Officer of the Illinois Department of Natural Resources as they were developing fracking regulations and making major improvements to State Parks. Before that, he started a successful software company that provided learning applications to Accenture, Eli Lilly, Pfizer, Harvard, and many other companies. That was preceded by global sales and implementation support work for System Software Associates – enterprise supply chain software He started his career with Deloitte, working across forecasting, cost accounting, auditing and supply chain planning.

Scott earned his Bachelor of Arts (Magna Cum Laude) in History at Wheaton College. He received his MBA in Finance from the University of Chicago. He received an MSc (Highest Distinction) and a D.Phil. (PhD) from Oxford University.


X

Tim Brankin

Chief Marketing Officer

Tim is a financial services leader with 23 years of increasing and wide ranging responsibilities with a focus in sales, management and product development. He has a strong track record of successful execution of key objectives and value creation in the global brokerage and FinTech industry.

Tim comes to BoxBit from the foreign exchange (FX) brokerage industry where he led the sales and marketing efforts for leading brokerage and FinTech firms in the US, Australia and the UK.   Tim was an active participant at industry events in London, New York, Dubai, Sydney and Hong Kong. He is also adept as a project manager where he led the efforts to the development of innovative products and software solutions for the active trading industry.

Tim earned his Bachelor of Arts in Political Science at the University of Iowa with a focus on Russian and Eastern European politics and International Law.  While Tim was employed in the brokerage industry, he obtained the Series 3, 7, 8, 24, 63 and 66 securities licenses.


X

Mahesh Subramanian

Chief Technology Officer

Mahesh is the founder of Ideal Tech Labs and an accomplished innovator with vast experience in delivery of high performance software solutions. His experience spans various industries and verticals including retail, shipping, logistics, healthcare and eCommerce among others. In his 15 years of technology and leadership experience, he has worked in 12 countries building successful teams in the process.  He has implemented several products/applications partnering with CXO’s creating IT value through innovation.


X

Jayme Kurtyka

Executive Director of Corporate Finance

Jayme is a Wall Street veteran of more than 32 years, having served as a portfolio manager for high-net-worth clients at William Blair and Co., Drexel Burnham Lambert, Oppenheimer and Co., and Donaldson, Lufkin & Jenrette. He followed his passion for technology by becoming a Venture Capital Investment Banker in the early 2000’s and has run his own Corporate Finance consultancy for the past 7 years.

Mr. Kurtyka is a member of the Board of Advisors of One Globe Corporation, a Sustainable Infrastructure Company, served on the Rice University Clean-Tech Advisory Board, has served as a Moderator for panel discussions on Emerging Technologies at KEMA’s Utility of the Future Forum and additionally, as an Advisor to the Management of AM Capital, a Chicago-based Alternative Investments Strategy Fund.


X

Vivienne Yu

Director of Asian Outreach

Vivienne has dual master degrees in both Translation & Interpretation as well as Business Administration and joined ERCL after graduation from University of Illinois at Urbana Champaign in 2015. She’s working for our Chinese market and passionate about her career pursuit for life changing technology and social welfare for communities.


X

Jim Guttosch

General Manager

Jim spent 35 years in the Marketing, Advertising and Graphics Production industries where he held senior management positions leading planning, project management, human resources, IT operations, financial reporting and facilities. In these roles, Jim was responsible for ensuring that the agencies where prepared to meet the growing needs of both clients and employees.  The primary focus was managing company growth through cross-discipline integration, planning and organizational strategy. 


ADVISORS

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Adrian Cortez

Adrian Cortez is a seasoned thought leader and community builder in the nascent blockchain and distributed ledger technology (DLT) industry. With a background in international business development, investment management, and entrepreneurship, he brings a global outlook supported by an extensive network and experience across multiple disciplines. With a keen understanding of how both public and private chains fit into the ever-evolving landscape of IoT and Fintech, Adrian is sought after by some of the most active, passionate, and insightful influencers in the space for his perspective on the industry.

X

Michael Creadon

After spending 25+ years in journalism and financial markets, Michael is dedicating the next chapter of his life to improving research and analysis about cryptocurrencies. He comments regularly about every pertinent aspect of cryptocurrencies and blockchain. Michael’s mission statement is to provide honest, reliable, unbiased information about global cryptocurrency markets. He sees an enormous information gap and wants to play a positive part in giving investors critical information for them to make decisions. Michael is considered by many experts to be a global leader in this important new field of cryptocurrencies.

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Matthew Nitschke

Matthew is a Managing Director at Mosaic Strategy. Prior to joining Mosaic Strategy, Matthew was responsible for product development, business development and marketing experience to Kingdom Trust. Before joining Kingdom Trust, Matthew was Managing Director at Millennium Trust, heading up the Custody Services Group consisting of institutional and fund custody along with RIA custody offerings. His previous experience also includes nearly two decades with industry leaders Merrill Lynch and Charles Schwab.

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Daniel Riddell

Daniel serves as Ambassador/Adviser to the DECENT Foundation and has 20 years experience in the media/broadcast/software development industries. Daniel possess a keen understanding of all aspects of television and media workflows, from content acquisition and licensing through to broadcast and OTT distribution. In addition to this, he is well versed in content monetisation strategies as well as measurement/metrics of viewed services, and managing development of complex technical solutions. Daniel has been a follower of blockchain technology since 2011 and has developed algorithmic trading solutions for cryptocurrency since 2012.

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Harry Kerames

Harry Kerames was appointed the board of directors of Dry Ships, Inc. on July 29, 2009 and is currently Head of the company’s Audit Committee. Mr. Kerames has over 36 years of experience in the transportation industry, culminating in the founding of Blue Star LLC founded in 2006, a marine consultant and advisor firm. Blue Star’s primary activity is to source maritime vessel investments to private equity firms and family offices. Mr. Kerames was formerly the Managing Director of Global Capital Finance, where he was responsible for the firm’s shipping practice and purchased and operated ships for an Australian Investment Company. Prior to joining Global Capital Finance Harry was the Chief Marketing Officer at Charles R. Weber Company Inc., where he brokered the freight derivative business, and co-founded Azimuth Freight Forward Fund, a derivatives hedge fund with a United Kingdom trading office.

BLOG

FAQS

Q1 WHAT IS BOXBIT?

BoxBit is a software development company with the vision to design and build smart contracts utilizing the public blockchain in combination with encrypted private databases for the global shipping and logistics industry.

BoxBit will develop smart contracts that will be used for portions of the freight shipping supply chain using a blockchain encryption system to significantly reduce the `paperwork burden` of point-to-point and intermodal freight movement, as well as incorporating guaranteed settlement with the BoxBit utility token.

BoxBit`s value proposition includes token bonuses for the booking of the cleanest available transportation options in terms of CO2 emissions.

Q5 WHAT IS EAGLERAIL?

EagleRail is an innovative technological solution to the problems of truck drayage in the container movement environments in and near heavily congested sea ports and inland intermodal facilities. Sites that face problems with truck traffic congestion, pollution, capacity limitation, scheduling difficulties, data blackouts, and cycle time delays are suited for EagleRail’s elevated, electric, autonomous-movement track and vehicle container handling system. See the explanatory video on www.eaglerail.com.


Q6 HOW ARE THE TWO COMPANIES RELATED?

EagleRail’s principals identified the blockchain-enabled transportation packet need, then gathered the BoxBit leadership team.

CONTACT US