abbr. SJ GMU
ISSN 2657-5841 (printed)
ISSN 2657-6988 (online)
DOI: 10.26408
Dematerialisation of Bills of Lading Using Blockchain from the Legal Perspective
https://orcid.org/0000-0002-9498-62581
Faculty of Law and Administration, University of Gdańsk, Jana Bażyńskiego 6, 80-309 Gdańsk, Poland,
email: ratajczakoskar@icloud.com
Abstract:
Dematerialisation of bills of lading is an important topic from the point of view of maritime transport practice. There are many arguments in favour of dematerialisation, such as simplification and acceleration of trade. Over the years, many attempts have been made to dematerialise bills of lading using EDI systems. All of them were found to be lacking. It was not until the spread of blockchain technology that adequate tools were found. The blockchain makes it possible to meet the requirement of singularity which was haunting the EDI systems. With the introduction of proper provisions of law and if the maritime transport industry could agree on a mutually compatible standard, blockchain-based bills of lading could successfully replace paper bills of lading.
Keywords:
bill of lading, blockchain, maritime law, maritime transport
Issue:
Pages:
28
40
Doi:
Submitted:
24.01.2022
Accepted:
10.02.2022
Published:
31.03.2022
Download full text in pdf:
This article is an open access article distributed under a Creative Commoms Attribution (CCBY 4.0) licence
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