WaveBL

PRODUCTS

PRODUCTS

WAVE BL has developed its eBL platform using proprietary blockchain-based technology,

TO DIGITALIZE ALL TYPES OF TRADE DOCUMENTS

WAVE BL HIGHLIGHTS

It simplifies the traditional
complex, risky, and
expensive paper-based
process.
It simplifies the traditional complex, risky, and expensive paper-based process.
All types of paperless trade documents are issued and transmitted safely,
instantly, and securely.
All types of paperless trade documents are issued and transmitted safely,
instantly, and securely.
The applicable universal processes and regulations are preserved.
The applicable universal processes and regulations are preserved.
It simplifies the traditional
complex, risky, and
expensive paper-based
process.
All types of paperless trade
documents are issued and
transmitted safely,instantly,
and securely.
The applicable universal processes and regulations are preserved.
Acceptance and adoption
of an electronic bill of
lading (eBL) by regulators, banks, and insurers.
Acceptance and adoption
of an electronic bill of
lading (eBL) by regulators,
banks, and insurers.
Compliance with the
latest data and process
led by DCSA.
Compliance with the
latest data and process
led by DCSA.
Acceptance and adoption
of an electronic bill of
lading (eBL) by regulators,
banks, and insurers.
Compliance with the
latest data and process
led by DCSA.
It simplifies the traditional complex, risky, and expensive paper-based process.
All types of paperless trade documents are issued and transmitted safely,
instantly, and securely.
The applicable universal processes and regulations are preserved.
Acceptance and adoption
of an electronic bill of
lading (eBL) by regulators, banks, and insurers.
Compliance with the
latest data and process
led by DCSA.

ELECTRONIC MASTER BILL OF LADING

Electronic Master Bills of Lading (eMBLs) are issued by carriers for the related title of goods, contract of carriage, and confirmation of receipt.

Using our WaveBL platform, eMBLs are issued instantly and transferred back and forth between participants, thus streamlining each stage to the benefit of all parties concerned.

Furthermore, our WaveBL platform provides an automatic, comprehensive, instant “best evidence” audit trail for insurance or ownership disputes, as well as a digital archive.

Our carrier-issued eBLs are also universally accepted by banks for issuing a related letter of credit.

ELECTRONIC MASTER BILL OF LANDING

Electronic Master Bills of Lading (eMBLs) are issued by carriers for the related title of goods, contract of carriage, and confirmation of receipt.

Using our WaveBL platform, eMBLs are issued instantly and transferred back and forth between participants, thus streamlining each stage to the benefit of all parties concerned.

Furthermore, our WaveBL platform provides an automatic, comprehensive, instant “best evidence” audit trail for insurance or ownership disputes, as well as a digital archive.

Our carrier-issued eBLs are also universally accepted by banks for issuing a related letter of credit.

ELECTRONIC HOUSE BILL OF LADING (eHBL)

In general, electronic House Bills of Lading (eHBLs) are used when the shipping process involves freight forwarders or NVOCCs. In this scenario, a freight forwarder or NVOCC buys cargo space from a carrier, divides that space, and resells it to individual shippers.

Once the carrier that sold the cargo space to the freight forwarder or NVOCC has issued an electronic Master Bill of Lading (eMBL). By using WaveBL, the freight forwarder or NVOCC can issue its eHBLs using the same platform to each of its customers.

These eHBLs include the details of the specific agreement by which the goods will be transported. When the shipment arrives at the port of destination, each consignee (buyer) surrenders its eHBL to the freight forwarder or NVOCC, which in turn surrenders its eMBL to the carrier.

ELECTRONIC HOUSE BILL OF LANDING (eHBL)

In general, electronic House Bills of Lading (eHBLs) are used when the shipping process involves freight forwarders or NVOCCs. In this scenario, a freight forwarder or NVOCC buys cargo space from a carrier, divides that space, and resells it to individual shippers.

Once the carrier that sold the cargo space to the freight forwarder or NVOCC has issued an electronic Master Bill of Lading (eMBL). By using WaveBL, the freight forwarder or NVOCC can issue its eHBLs using the same platform to each of its customers.

These eHBLs include the details of the specific agreement by which the goods will be transported. When the shipment arrives at the port of destination, each consignee (buyer) surrenders its eHBL to the freight forwarder or NVOCC, which in turn surrenders its eMBL to the carrier.

ELECTRONIC TRADE DOCUMENTS

Our platform supports all unique negotiable and non-negotiable Documents of Title, certificates, and other documents, e.g., letters of credit.

The business flow is identical to the paper-based process, but the steps of printing, signing, attaching, sealing, and the physical transfer of documents are all replaced by one simple click.

The built-in blockchain methodology guarantees the validity of digital original/unique documents issued via our WaveBL platform.

ELECTRONIC TRADE DOCUMENTS

Our platform supports all unique negotiable and non-negotiable Documents of Title, certificates, and other documents, e.g., letters of credit.

The business flow is identical to the paper-based process, but the steps of printing, signing, attaching, sealing, and the physical transfer of documents are all replaced by one simple click.

The built-in blockchain methodology guarantees the validity of digital original/unique documents issued via our WaveBL platform.

THE BENEFITS

of using our WaveBL platform

INTEGRITY

All electronic documents
issued/transferred on the
WaveBL platform are verified
and authenticated.

DECENTRALIZED

Documents are transferred
directly between parties
slashing transfer time
to minutes.

MINIMIZED RISKS

Eliminating the risk of loss,
forgery, and theft of paper
documents.

IMPROVED
EFFICIENCY

The instant transfer of
documents between parties
minimizes the delivery time for
each transfer.

SUSTAINABILITY

Reduced pollution caused by
paper production, fuel
consumption, and the physical
transfer of documents.

REDUCED COSTS

No more printing, signing,
attaching, sealing, and
sending documents by
courier expenses.

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