India gives the green light for use of blockchain-based bills of lading

India is set to allow shipping bills of lading (B/Ls) to be filed over a blockchain platform, as part of the country’s efforts to digitise its maritime supply chains.
These efforts have become increasingly urgent as the paper-based administrative processes that accompany container shipping have been severely hampered by the coronavirus pandemic, and the consequent lockdowns and social distancing, leading to major port congestion.
In response, India’s ministry of shipping gave the …

The post India gives the green light for use of blockchain-based bills of lading appeared first on The Loadstar.

Source: The Loadstar

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