Bolero’s electronic bill of lading service to get blockchain upgrade

Bolero’s electronic bill of lading service to get blockchain upgrade

Trade finance digitisation solutions provider Bolero has partnered with fintech consortium R3 to redesign its electronic bill of lading (eBL) using blockchain technology. The two companies have agreed a memorandum of understanding, which according to Bolero’s CEO Ian Kerr is a “significant advance in spreading the benefits of digitisation to all counterparties in world trade”. Pilots are scheduled for Q4 2017 with plans “to scale quickly for subsequent pilots and use cases in 2018”, Adam Furgal, global head of incubator and accelerator at R3, tells GTR . “The initial pilots will involve multiple banks, buyers, sellers and carriers as […]

Leave a Reply

Your email address will not be published. Required fields are marked *