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R3: Acquires e-titleTM’s electronic Bill of Lading solution

October 22, 2020

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