- 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
