Cargodian Technology

Cargodian works with an innovative technology which allows us to provide the highest level of security in your trading process. This technology is not only sustainable, it is expanding on a global scale. We take care of all document and communication processes concerning your trade.

Cargodian Cyber Securtiy

Cargodian has technical and organizational measures in place to ensure the security of all relevant systems and components. Cargodian systems and applications meet the German IT Security Act. We fulfil the requirements of the General Data Protection Regulation (GDPR).

Availability ​

IT systems and components are considered available when these can always be used for their intended purpose and within their scope of functionality.

Confidentiality

Confidentiality is deemed to exist when sensitive data is only made available to authorized persons in the manner permitted.

Integrity

Integrity refers to the data. Integrity is present when it is assured that sent data reaches its recipients complete and unchanged.

Authenticity

Authenticity exists when the unique identity of the communication partners (and that of the communicating components) is ensured.

Comprehensive Safeguards & Protection

Blockchain Secure

Cargodian stores your mercantile trade data in a secure, encrypted, and immutable distributed ledger. The data is yours, and if you have access to the “channel” (which is independent from Cargodian), you and your trading partner can access the mercantile trade data and all documents related to the trade. So no worries, we are not a cryptocurrency.

What is Blockchain?

As the popularity of Bitcoin, Ethereum, and several other derived technologies grew, so did interest in applying the underlying technology of blockchain, distributed ledger, and distributed application platform to more innovative enterprise use cases. However, many enterprise use cases require performance characteristics that the permissionless blockchain technologies are unable (presently) to deliver. In addition, in many use cases, the identity of the participants is a hard requirement, such as in the case of financial transactions where Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations must be followed.

In general terms, a blockchain is an immutable transaction ledger, maintained within a distributed network of peer nodes. These nodes each maintain a copy of the ledger by applying transactions that have been validated by a consensus protocol, grouped into blocks that include a hash that bind each block to the preceding block.

The first and most widely recognized application of blockchain is the Bitcoin cryptocurrency, though others have followed in its footsteps. Ethereum, an alternative cryptocurrency, took a different approach, integrating many of the same characteristics as Bitcoin but adding smart contracts to create a platform for distributed applications. Bitcoin and Ethereum fall into a class of blockchain that we would classify as public permissionless blockchain technology. Basically, these are public networks, open to anyone, where participants interact anonymously.

While many early blockchain platforms are currently being adapted for enterprise use, Hyperledger Fabric has been designed for enterprise use from the outset. The following sections describe how Hyperledger Fabric (Fabric) differentiates itself from other blockchain platforms and describes some of the motivation for its architectural decisions.

Platform: Hyperledger Fabric

Hyperledger Fabric is an open source enterprise-grade permissioned distributed ledger technology (DLT) platform, designed for use in enterprise contexts, that delivers some key differentiating capabilities over other popular distributed ledger or blockchain platforms. It has a development community that has grown to over 35 organizations and nearly 200 developers since its earliest commits.

Fabric has a highly modular and configurable architecture, enabling innovation, versatility and optimization for a broad range of industry use cases including banking, finance, insurance, healthcare, human resources, supply chain and even digital music delivery.

The Fabric platform is also permissioned, meaning that, unlike with a public permissionless network, the participants are known to each other, rather than anonymous and therefore fully untrusted. This means that while the participants may not fully trust one another (they may, for example, be competitors in the same industry), a network can be operated under a governance model that is built off of what trust does exist between participants, such as a legal agreement or framework for handling disputes.