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Friday, December 13, 2024
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R3: Acquires e-titleTM’s electronic Bill of Lading solution

Laura M
By Laura M
  • Acquire its legal and technological framework for digitalization of Bill of Lading, the central title document underpinning trade operations globally
  • The acquired framework used to roll out an electronic Bill of Lading (“eBL”) solution Powered by Corda
  • The new eBL toolkit, natively built on Corda enable significant operational optimization opportunities for R3’s clients in Trade and Trade Finance industries
  • Company developed a robust legal framework for eBLs accepted by the International Protection & Indemnity Club
  • R3’s enterprise-grade technology provides a perfect base to realize our product vision for eBLs
  • R3’s eBL toolkit provide Corda Enterprise customers with an opportunity to fully digitalize the negotiable title document exchange

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