India’s Yodaplus DocuTrade digitises Bill of Lading


Yodaplus DocuTrade in a collaborative endeavour with its ecosystem partner XDC Trade Network, has successfully executed a pioneering transaction by converting traditional paper Bills of Lading (BL) to electronic BL (eBL). This groundbreaking transaction demonstrates DocuTrade's prowess in digitising trade documents, thereby also facilitating capital provisioning against the fractionalised eBL for a shipment duration of 7 days.


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Posted on Nov 14, 2023
Region: India
trade finance
eBL, MLETR, alternative finance, tokenisation, blockchain, Yodaplus DocuTrade, TradeFlow, TradeFinex, XDC Trade Network