Tag: bhp

essDOCS co-founder and chief executive officer Alexander Goulandris spoke to CT about the new paperless world of trade finance and why blockchain’s time has yet to come.

BHP Billiton and Cargill have shifted an entire bulk trade and payment transaction into a first time four-corner bank payment obligation with ANZ, Westpac, and an essDocs electronic bill of lading.

The world’s largest commodity traders are spearheading a move to electronic trade presentation.

A newly completed electronic letter of credit over essDocs slashed document processing times, in both beneficiary and advising banks, as well as corporates.

BHP Billiton and Xiangguang Copper have transacted a first of a kind back-to-back electronic letter of credit over Bolero, shaving 20 days off a typical transaction.

Part one of a case comparison looks at BPOs and eLCs. Are both practices mutually viable in the long-term?