Maritime Shipping
Trade Without Barriers
Maritime shipping is considered the most integral leg of the supply chain.
Today, 90 percent of goods are transported by ships; therefore, impediments to ocean carriers’ workflows will have rippling effects felt across the trade landscape: delayed cargo, shortages in essential goods, higher trade costs, and, over time, slower economic growth.
The struggle with reliance on paper-based transactions leads to challenges with efficiency and is at the heart of what is at risk.
WAVE BL optimizes the flow of cargo by eliminating reliance on paper-based documents with a blockchain-backed digital platform that takes the place of paper in exchange for a more secure, automated solution, where carriers can issue, possess, transmit and sign digital documents within minutes.
Eliminate risks, cut costs and ineffective workflows
Authentication and Trust – Forged and fraudulent documents are estimated to cost the maritime shipping industry billions in annual losses. Automatic verification and authentication are built into WAVE BL, resulting in documents you can trust.
Streamlined Costs – Paper, printing, couriering, storage and manual verification directly add to the cost of every shipment. WAVE BL lets companies slash these overhead costs.
Unified Communications – Supply chain members today use multiple, often unconnected protocols. WAVE BL enables members to communicate efficiently on a single network.
Unified Documentation – No need for multiple apps. Seamlessly manage, track, issue, transfer and endorse critical trade documents on one single platform.
Assure Document Authenticity
Built-in blockchain consensus methodology guarantees the validity of digital original documents issued through WAVE BL.
Track Surrender of Documents
Prevent the release of goods without original documents by verifying documents and tracking document transmission up to final surrender.
Digitize Without Disrupting Existing Processes
WAVE BL works flawlessly with existing legacy systems without disrupting longstanding document workflows.
Our Clients
Testimonials
WAVE BL aligns perfectly with our innovation initiatives thanks to its novel design and deployment. Since completing the integration of WAVE BL with our legacy systems, we’ve diminished document transfer times from days to seconds and rapidly reduced our antiquated paper costs. Moreover, we’ve passed along the benefits both internally in terms of decreased expenditures and externally to customers via better communication and accountability.
MSC has been working with WAVE BL on introducing and piloting an eBL solution since 2019, starting with selected customers in India. We’ve chosen WAVE BL because it provides a digital alternative to all the possibilities available with traditional print documents, but with greater speed and security. In light of COVID-19, eBL technology addresses a very urgent need and helps us streamline affected operations and ensure business continuity. We’re now offering WAVE BL’s service to a broader customer base to ensure that even more of our customers gain the advantages of a digital BL solution.
Satisfying our customers’ priorities is the cornerstone of our business model, so WAVE BL has been an exceptional fit. Given our efforts to deliver the best possible service at affordable rates, implementing WAVE BL in our workflows helps us meet customers’ expectations. As an indispensable part of our ongoing digitization and innovation initiatives, WAVE BL affords us the security, protection, and authentication needed to provide even faster, more accurate, and more holistic service offerings that are validated by very satisfied customers.
Digitization of trade finance is inseparable from trade processes and cannot be intact without a suitable electronic solution for all trade documents. WAVE BL provides an easy-to-use innovative decentralized platform. At Contour, we believe that digitization is vital to modern trade and that WAVE BL’s technology allows our banking and corporate customers to have another option to simplify processes and deliver the best possible customer experience. WAVE BL has an exceptionally vast network that enables direct excess to the largest trade industry’s largest service providers, such as carriers and logistics companies.