WaveBL, a blockchain-based electronic Bill of Lading (eBL) platform, has completed a Proof of Value (POV) with Swift and the participation of five global banks: Lloyds, Emirates NBD Bank, Federal Bank Limited, and other banks, as well as MSC, a leading ocean carrier acting as an eBL issuer on WaveBL.
This POV marked a significant milestone by demonstrating the efficient transfer of structured electronic document presentations, including eBLs, within Swift’s network as part of a Letter of Credit...