Tag: ebl

SC veteran, Samuel Mathew, has joined Contour as a board director, in Singapore. The network's CEO sees opportunities to grow and commercialise its trade finance solution amid China’s reopening.

Estimates show that digitising the bill of lading alone, would increase annual global trade growth by $30-40 billion.

Experts at Swift’s Sibos conference last week bemoaned a lack of interoperability between digital trade platforms and offered suggestions on how the issue could be addressed.

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

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.

ExxonMobil with BAML and China CITIC has driven the use of electronic bill of lading (eBL) in Asia with its shipment from Singapore to China via the essDOCS online platform.