Industries/ Supply Chain & Logistics/ Freight & Shipping

Freight & Shipping on PYRAX

Freight and shipping moves goods across road, rail, ocean, and air through a fragmented web of carriers, brokers, forwarders, and 3PLs. Reconciling bills of lading, proof-of-delivery, and detention charges across these parties is slow and dispute-prone. PYRAX gives every shipment a shared, tamper-evident record while keeping negotiated rates confidential between the parties that agreed to them.

Market size

$5.2T (2024)

Projection

$7.9T by 2030 · ~7.2% CAGR

The market

$5.2T (2024)

Global freight & logistics market

~$140B/yr

Freight lost to invoice/settlement disputes

20-50

Documents per international shipment

~24% to 2030

Digital freight matching CAGR

Source: Grand View Research, 2024. Figures are indicative and provided for context.

What's broken today

Bill-of-lading and proof-of-delivery data is re-keyed across brokers, carriers, and shippers, causing errors and multi-week settlement disputes.

Carriers wait 30-90 days for payment while contracted rates and rebates leak to competitors through shared EDI intermediaries.

No single source of truth for chain-of-custody, so liability for damage or delay is contested after the fact.

Detention, demurrage, and accessorial charges are calculated from disputed timestamps with no verifiable event trail.

How PYRAX transforms it

Concrete network elements mapped to this business.

Shielded-by-default transfers

Negotiated line-haul rates, fuel surcharges, and volume rebates settle privately between shipper and carrier, so competitors and marketplaces never see contract economics while the shipment record stays shared.

On-chain escrow with proof-of-delivery

Freight charges are locked in escrow at tender and auto-release to the carrier the moment a signed electronic proof-of-delivery event is committed, cutting days-sales-outstanding from 60 days to minutes.

eth_getProof verifiable milestones

Pickup, gate-in, transload, and delivery milestones produce Merkle proofs any counterparty can verify independently, ending timestamp disputes for detention and demurrage.

GhostDAG high-throughput ledger

The 500k-TPS GhostDAG consensus absorbs telematics and scan events from an entire fleet without congestion, so every parcel and container milestone is recorded, not sampled.

Viewing keys for auditors and insurers

A shipper grants a scoped viewing key to a cargo insurer or freight auditor to inspect one lane's history without exposing the rest of the book of business.

Buildathon: dApp ideas

Ship-ready concepts for freight & shipping on PYRAX.

Start building →

ChainBoL

Electronic bill-of-lading that mints a transferable title token; endorsement and surrender happen on-chain with a full custody trail.

e-BoLtitle-transfer

SettleFreight

Escrow-backed freight settlement that pays carriers automatically on committed proof-of-delivery, with shielded rate data.

escrowquick-pay

DetentionProof

Verifiable gate-in/gate-out clock that computes detention and demurrage from cryptographically timestamped events.

accessorialsmilestones

LaneMatch

Digital freight matching where shippers post loads and carriers bid, with contract terms sealed in shielded transfers.

freight-matchingmarketplace

ClaimTrail

Damage-claim adjudicator that reconstructs chain-of-custody from milestone proofs to assign liability.

claimscustody

RebateVault

Confidential volume-rebate accrual that proves thresholds met without revealing per-shipment pricing.

rebatesshielded

NeuraLane

PYRAX Compute-driven lane and mode optimizer that outputs a verifiable routing recommendation with cost/carbon tradeoffs.

Computeoptimization

BrokerBridge

Multi-VM smart contract that codifies broker-carrier agreements and enforces payment terms across EVM and WASM tooling.

multi-vmcontracts

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