The shift from paper to digital bills of lading has been difficult, particularly for small and medium-sized businesses (SMBs), due to high costs and complex systems. Open eBL offers a solution through an open-source platform that promotes interoperability and reduces costs, enabling seamless integration with existing back-office systems. This initiative supports collaboration across the supply chain, enhancing transparency and security while mitigating fraud risks. By adhering to industry standards, Open eBL facilitates broader adoption and provides a scalable, efficient solution for all stakeholders in global trade.

Source: https://www.scmr.com/article/open-electronic-bill-of-lading-innovation-industry-collaboration