Digital Container Shipping Association (DCSA) announces a first successful standards-based, interoperable electronic Bill of Lading (eBL) transaction. This milestone achievement was made possible through collaboration with leading eBL solution providers and marks a significant advancement toward secure, scalable, and truly paperless global trade.
Despite the availability of digital alternatives for years, eBL adoption has remained constrained by platform fragmentation. The industry’s digital transformation has been hindered by siloed eBL platforms requiring all transaction participants to use the same solution provider.
This approach has prevented the widespread adoption needed to capture the estimated $6.5 billion in direct cost savings and $40 billion in increased trade that eBLs can deliver, according to McKinsey & Company research.
This successful interoperable eBL transaction represents a breakthrough in addressing these challenges, powered by DCSA’s interoperability framework with three essential components:
- Platform Interoperability (PINT) API – Standardised integration enabling transfer of DCSA-compliant eBLs between solution providers.
- Legal Framework – Multilateral agreement governing
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