Insights That Shape Global Trade Today and Tomorrow
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2014 BIMCO eBL clause does no longer seem to fit current market and increasingly prevents eBL digitalization rather than facilitates it. 2014 BIMCO Clause assumes simple Charterers’ option to request Owners to accept eBL against (outdated indemnity) that may be hard to accept by an Owner being...
In trade commodity finance, different approaches to lending are influenced significantly by the type of warehouse receipt provided. Here’s how these approaches differ and why tokenized eWarehouse receipts offer a substantial advantage: Scanned Copy of Warehouse Receipt: In this scenario, the borrower...
Overview This whitepaper suggests how the security capabilities of Secro’s tokenized e-bill of lading (eBL) can be used to reduce the banks’ commodity trade finance portfolio risk, thus helping to better comply with Basel IV requirements. The chart below provides a comparison between the risk associated...