Electronic Bill of Lading: How to Go Paperless with Bolero, essDOCS, e-title, and edoxOnline

The scanned copy of the oldest bill of lading Source: Australian and New Zealand Maritime Journal

What is an electronic bill of lading?

  1. A receipt for shipment acknowledging that the cargo was loaded on a ship.
  2. Evidence of the contract between carrier and exporter.
  3. A document of title that means whoever possesses the original paper copy is the one legally entitled to deliver it to the destination.
An example of a physical bill of lading

So, what’s the situation now?

Does it make modern solutions illegal?

But what is meant by “fully paperless trade”?

  • Document creation should be completely electronic
  • Approval of the documents should happen via digital channels
  • Communication with banks should be completely electronic as well
  • The process of transmitting documents through the end-to-end supply chain should happen digitally

How to implement an electronic bill of lading — comparing the main providers

Electronic bill of lading solutions compared

Bolero: a decisive solution with the broadest industry coverage

This transaction status on Bolero displays that the International-Bank-Co has surrendered the eBL to the carrier Source: Bolero FAQs

CargoDocs by essDOCS: rich for integrations

essDOCS’ suggested framework towards paperless trade
  • standard (free, provided to all customers)
  • strategic (standard + participation in workshops and events)
  • observer (for non-users who want to attend events).

e-title: a P2P software accepting all formats

Creating an electronic title (carrier via own back-office application)
The collaborative nature of edoxOnline

The future is blockchain

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