EBL | Jotup

Hapag-Lloyd taps IQAX eBL to advance digital transformation of bills of lading

Retrieved on:

월요일, 5월 6, 2024

Bank of China, Hapag-Lloyd, China Merchants Bank, Exim Bank, Exim Bank of China, FleetBoston Financial, Commercial bank, EBL, Bank of Ningbo, Bank, Communication, China CITIC Bank, Online shopping

HONG KONG, May 6, 2024 /PRNewswire/ -- IQAX Ltd., an innovative developer of technology solutions for shipping and logistics based in Hong Kong, announced that Hapag-Lloyd, one of the world's largest container shipping lines, will adopt IQAX eBL to issue electronic bills of lading (eBLs).

Key Points:

IQAX eBL streamlines bill of lading processes, boosts visibility, and enhances security at no extra cost for Hapag-Lloyd customers.
Hapag-Lloyd has chosen to adopt IQAX's industry-leading IQAX eBL solution to strengthen customer service and accelerate its transition towards 100% adoption of eBLs by 2030.
"More than 12,000 customers already trust IQAX eBL to manage their electronic bills of lading.
Both IQAX eBL's end users and Hapag-Lloyd's customers stand to benefit from the shipping line's decision to onboard the IQAX eBL solution, further accelerating the adoption of digitalised trade.

IQAX eBL Wins Prestigious APTFF Trade Facilitation Innovation Award 2024

Retrieved on:

목요일, 4월 18, 2024

United Nations, Climate change, United, Risk, ADB, Carbon, EBL, Printing, Cryptocurrency

HONG KONG, April 18, 2024 /PRNewswire/ -- IQAX is pleased to announce that its IQAX eBL solution has won the APTFF Trade Facilitation Innovation Award for 2024.

Key Points:

HONG KONG, April 18, 2024 /PRNewswire/ -- IQAX is pleased to announce that its IQAX eBL solution has won the APTFF Trade Facilitation Innovation Award for 2024.
Organized by the Asian Development Bank (ADB) and United Nations Economic and Social Commission for Asia and the Pacific, the Asia-Pacific Trade Facilitation Forum (APTFF) Awards spotlight innovative trade facilitation measures that promote sustainability and efficiency in global supply chains.
IQAX eBL directly addresses the criteria of streamlining procedures and leveraging blockchain technology for electronic B/L transfers and the e-presentation of trading documents.
The APTFF Award exemplifies how IQAX eBL can be leveraged to lower trade costs.

EBL launches world’s first biometric metal card with IDEX Biometrics

Retrieved on:

화요일, 12월 19, 2023

SME, GDP, IDEX Biometrics, EBL, Growth

(EBL), headquartered in Dhaka, the capital city of Bangladesh and a market leader in corporate, retail and SME banking, is set to launch the world’s first biometric metal card, powered by the IDEX Biometrics Mastercard certified technology, IDEX Pay.

Key Points:

(EBL), headquartered in Dhaka, the capital city of Bangladesh and a market leader in corporate, retail and SME banking, is set to launch the world’s first biometric metal card, powered by the IDEX Biometrics Mastercard certified technology, IDEX Pay.
EBL customers will have the biometric metal cards in their hands by early 2024.
A digital innovator bank in Bangladesh, EBL is consistently providing high-quality banking services and cutting-edge financial solutions to its customers.
We believe biometric payment cards will become the new payment standard, supporting secure contactless payments, and ultimately bringing financial empowerment to all.”
“We are honoured that EBL has selected IDEX Biometrics as they pioneer biometric payments in Bangladesh.

IQAX eBL Partners with COSCO Shipping Captive Insurance to Achieve the First Synchronized Transfer of an eBL and an Electronic Insurance Policy

Retrieved on:

화요일, 12월 19, 2023

Policy, Partnership, COSCO Shipping Lines, Blockchain, IGP, Protection, Electronic, EBL, Practice, International Marxist Group, COSCO, Insurance, Cryptocurrency

A four-party cooperative agreement between IQAX, COSCO Shipping Captive Insurance, COSCO Shipping Lines and the Global Shipping Business Network (GSBN), ensures that a shipping insurance e-platform will work together with the GSBN blockchain platform and the IQAX eBL system.

Key Points:

A four-party cooperative agreement between IQAX, COSCO Shipping Captive Insurance, COSCO Shipping Lines and the Global Shipping Business Network (GSBN), ensures that a shipping insurance e-platform will work together with the GSBN blockchain platform and the IQAX eBL system.
A COSCO Shipping Lines (Wuhan) customer was the first to complete a synchronized transfer of both a blockchain-based eBL and an electronic insurance policy through a one-click title transfer on December 14.
The successful transfer makes IQAX eBL the first eBL system in the world enabled by a trusted blockchain-based ecosystem to synchronize the transfer of electronic insurance policies.
Shippers can view electronic insurance policies issued from the shipping insurance e-platform directly through IQAX eBL and transfer them alongside eBLs, seamlessly transferring and sharing insurance policies.

DocuTrade Facilitates Unprecedented Trade Finance Transaction with Electronic Bill of Lading Conversion and Capital Provision

Retrieved on:

화요일, 11월 14, 2023

EBL, USD, FLOW, Blockchain, Cryptocurrency

This groundbreaking transaction demonstrates DocuTrade 's prowess in digitizing trade documents, thereby also facilitating capital provisioning against the fractionalized eBL for a shipment duration of 7 days.

Key Points:

This groundbreaking transaction demonstrates DocuTrade 's prowess in digitizing trade documents, thereby also facilitating capital provisioning against the fractionalized eBL for a shipment duration of 7 days.
In this pilot, the shipper tokenized the eBL and fractionalized it, enabling capital provisioning for the shipment duration.
The ease of transaction was significantly enhanced as the trade documents were digitally created, making verification and transfer a seamless process.
By facilitating a smooth transition from paper to electronic documentation, DocuTrade has significantly contributed to enhancing the speed and efficiency of trade finance transactions.

DocuTrade Facilitates Unprecedented Trade Finance Transaction with Electronic Bill of Lading Conversion and Capital Provision

Retrieved on:

화요일, 11월 14, 2023

EBL, USD, FLOW, Blockchain, Cryptocurrency

This groundbreaking transaction demonstrates DocuTrade 's prowess in digitizing trade documents, thereby also facilitating capital provisioning against the fractionalized eBL for a shipment duration of 7 days.

Key Points:

This groundbreaking transaction demonstrates DocuTrade 's prowess in digitizing trade documents, thereby also facilitating capital provisioning against the fractionalized eBL for a shipment duration of 7 days.
In this pilot, the shipper tokenized the eBL and fractionalized it, enabling capital provisioning for the shipment duration.
The ease of transaction was significantly enhanced as the trade documents were digitally created, making verification and transfer a seamless process.
By facilitating a smooth transition from paper to electronic documentation, DocuTrade has significantly contributed to enhancing the speed and efficiency of trade finance transactions.

Ørsted secures 1.6 GW electricity business license for offshore wind project off the coast of Incheon, Korea

Retrieved on:

목요일, 12월 14, 2023

Nature, Wind, Region, Carbon, Energy, Ministry, Climate, Investment, EBL, Senior, Electricity, Renewable energy

Ørsted secures 1.6 GW electricity business license for offshore wind project off the coast of Incheon, Korea

Key Points:

Ørsted secures 1.6 GW electricity business license for offshore wind project off the coast of Incheon, Korea
Ørsted has been granted a 1.6 GW electricity business license (EBL) by the Ministry of Trade, Industry & Energy of Korea for an offshore wind project located 70 km off the coast of Incheon City.
The license grants Ørsted exclusive development rights for its gigawatt-scale Incheon offshore wind project, which is set to become the largest in Korea on completion and will contribute to the country’s goal of being carbon-neutral by 2050.
Per Mejnert Kristensen, Senior Vice President and President of Region APAC at Ørsted, says: “At Ørsted, we’re pleased to secure our first electricity business license in Korea.
Ørsted has unparalleled capabilities for delivering large-scale offshore wind power projects, and we have a strong track record working with Korean suppliers in our global portfolio over the past decade.

XDC Trade Network Delivers Revolutionizing Trade Finance Transaction with Electronic Bl Conversion and Capital Provision

Retrieved on:

월요일, 10월 30, 2023

Digital, MAS, Commodity, XDC, ELC, ICC, Ecosystem, Travel, EBL, Cryptocurrency

Alongside this accomplishment, XDC has also provided essential capital to support the trade transaction.

Key Points:

Alongside this accomplishment, XDC has also provided essential capital to support the trade transaction.
Working in collaboration with their ecosystem partners, XDC Trade Network has successfully delivered the following groundbreaking technical and trade financing achievements:
Propine - Digital asset custodian.
This is the 1st transaction over XDC Trade Network which showcased how liquidity can be availed from an alternative financier by tokenising a real-world asset.
On the XDC Trade Network we raised capital for one token (fraction value) which was very helpful in unlocking liquidity for the cargo transit period.

Arqit: Consortium delivers world's first cross-border quantum-secure digital trade transaction

Retrieved on:

목요일, 6월 15, 2023

This significant step forward in the journey to fully digital international trade will make international trade cheaper, simpler, faster and more sustainable.

Key Points:

This significant step forward in the journey to fully digital international trade will make international trade cheaper, simpler, faster and more sustainable.
This digital trade transaction comes ahead of the UK Government enacting legislation, through the Electronic Trade Documents Bill (ETDB), that will recognise electronic transferable documents ( link ).
Arqit TradeSecure™ generates and distributes digital trade finance instruments, protecting finance supply chains against disruption and fraud and improving their cash flow at the same time.
www.c4dti.co.uk
IMDA leads Singapore's digital transformation by developing a vibrant digital economy and an inclusive digital society.

Arqit: Consortium delivers world's first cross-border quantum-secure digital trade transaction

Retrieved on:

목요일, 6월 15, 2023

This significant step forward in the journey to fully digital international trade will make international trade cheaper, simpler, faster and more sustainable.

Key Points:

This significant step forward in the journey to fully digital international trade will make international trade cheaper, simpler, faster and more sustainable.
This digital trade transaction comes ahead of the UK Government enacting legislation, through the Electronic Trade Documents Bill (ETDB), that will recognise electronic transferable documents ( link ).
Arqit TradeSecure™ generates and distributes digital trade finance instruments, protecting finance supply chains against disruption and fraud and improving their cash flow at the same time.
www.c4dti.co.uk
IMDA leads Singapore's digital transformation by developing a vibrant digital economy and an inclusive digital society.