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ParcelX, the world’s first blockchain-powered parcel network, has officially launched its service platform in beta version today. It aims to offers one-click access to resolve long-standing problems in cross-border logistics.

Registered trademark and brand under Global Parcel Network, Ltd, ParcelX is the world’s first and also the only cross-border functional parcel delivery platform to date that offers e-commerce and delivery service providers several autonomous collaborative services such as real-time sign-in and online interactivity.

ParcelX’s Co-Founder and President, Mr Yang Mingyi comments on the ethos of the network: “The vision of ParcelX is to build an open, transparent, beneficial and healthy ecosystem. The system can incentivise excellent service providers with more parcel orders and corresponding settlement rewards. On the contrary, service providers who do not meet the required service levels will be subject to corresponding penalties. Progressively, ParcelX will naturally eliminate those uncompetitive service providers. So, the good ones remain – service providers who can scale and are cost-effective,” said

“If this new model can really resolve one or two pain points, it is definitely worth a try. We can even consider to include it as a feature of our services for e-commerce,” said Mr Cragie Zhou, Product Leader of HangZhou Winner King Technology Ltd. Co. which provides comprehensive service chains for cross-border e-commerce. Mr Guo added: “At the end of October, our team completed the first phase of the beta version of the ParcelX platform. At the same time, we will make updates based on user feedback bimonthly or monthly. I believe that the second phase will have more powerful features.”

In view of the difficulties in tracking the parcels and obtaining timely information during the whole process, ParcelX’s cross-border parcel delivery network will connect shippers, logistics service providers, logistics integrators and consumers in a well-balanced ecosystem, based on trust guaranteed by blockchain and seamless interactions which ensure optimal security, transparency and traceability of delivery package information.

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