In the last few months there’s been a slew of good news relating to the adoption of electronic bills of lading (eBL), the critical document representing ownership of goods in transit. The latest news is Japanese container carrier Ocean Network Express (ONE) is working with the blockchain Global Shipping Business Network (GSBN) to implement the latest eBL standards. Most eBL platforms use blockchain.
Two years ago the Digital Container Shipping Association’s (DCSA) secured a commitment from major container carriers to issue half of their bills of lading electronically within five years and 100% in ten years.
Last week the DCSA published its latest Bill of Lading 3.0 standard incorporating electronic signatures. ONE is working with GSBN to continue its adoption of the standard. GSBN’s other carrier partners are COSCO, OOCL and Hapag LLoyd.
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