E-bill of lading
From ACT Wiki
Trade finance - bills of lading.
(E-B/L).
An E-bill of lading is a bill of lading issued in an electronic format.
Also written eBill of Lading.
"Several firms are now exploring placing eBills of Lading on the same blockchains as the stablecoins used for payment.
This allows for the removal of settlement risk between the two assets..."
(Insights from the 2024 Digital Assets Survey - Naresh Aggarwal, Associate Director, Policy & Technical at the ACT and Nick Philpott, Co-Founder & Head of Partnerships at Zodia Markets by Standard Chartered.)
See also
- Bill of lading
- Blockchain
- e-commerce
- Electronic data interchange
- Electronic Trade Documents Act 2023 (UK)
- Model Law on Electronic Transferable Records
- Settlement risk
- Stablecoin
- Trade finance