Bolero’s electronic Bill of Lading to underpin blockchain specialist #dltledgers’ platform for new and existing customers, and support subscribers onboarded on both platforms.
Cryptocurrency markets may continue to crash and ‘blockchain’ could go out of fashion, but it does not mean the digitization of trade finance will stop
International trade sounds glamourous, but often entails enough paperwork to sink a battleship. CT speaks to Bolero which fixed the first electronic bill of lading for a Taiwanese shipper.
Bolero and essDOCS inked their first deals on India trade and bank payment obligations (BPO), breaking new ground for the normalisation of electronic trade documents.
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.