Portall Infosystems

Commentary: COVID-19 pushes India down path to digitized trade documentation

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

The lockdowns caused by COVID-19 around the world have created disruptions to the normal processes and procedures required to ensure the smooth flow of global trade and commerce. In India, this has prompted the Ministry of Shipping and the Ministry of Commerce to increase their efforts to adopt technology to keep the volume of imports and exports at pre-pandemic...

https://s29755.pcdn.co/news/commentary:-covid-19-pushes-india-down-path-to-digitized-trade-documentation

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...

https://theloadstar.com/india-gives-the-green-light-for-use-of-blockchain-based-bills-of-lading/