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Charlie Bromley Griffiths at Conga explores the new data landscape that will emerge with the passing of the Electronic Trade Documents Act From here onwards, enterprises will need to be scrupulous ...
As global trade volumes grow ... New technologies where automated document checking, electronic signatures, and blockchain technology become pivotal in streamlining processes and securing the ...
To address that, the United Kingdom passed the Electronic Trade Documents Act in July which enshrines digital documents with the same legal powers as paper ones. English law on trade documents ...
It’s not just about trade, either. The Electronic Trade Documents Bill will enable new financial instruments such as electronic promissory notes [ePNs] to exchange money in far shorter timeframes.
Digitalisation will enable the exchange of trade-related data, documents, and electronic authorisations between parties in the supply chain. Trade digitalisation is attracting greater policy attention ...
Traditional trade processes often involve multiple ... "The use case of using electronic documents to shorten the preliminary processes to financing, and at the same time reduce costs with a ...
Gepty said electronic transferable records (ETRs) are crucial in international trade. “Being the electronic equivalent of commercial documents such as bills of lading and letters of credit, ETRs are ...
are crucial in international trade. “Being the electronic equivalent of commercial documents such as bills of lading and letters of credit, ETRs are the key to unlocking smoother trade financing ...