By utilizing electronic Bills of Lading (eBLs) and doing away with paper forms, Lloyds Bank has become the first bank in the United Kingdom to sign up for the WaveBL electronic trade documentation platform. The bank hopes this move will help its clients benefit from increased trade efficiencies as well as sustainability.
With Lloyd's Bank's integration into WaveBL's electronic trade documentation platform, 136 countries in WaveBL's network can now send blockchain-based eBLs.
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