This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
viewpoints
Welcome to Reed Smith's viewpoints — timely commentary from our lawyers on topics relevant to your business and wider industry. Browse to see the latest news and subscribe to receive updates on topics that matter to you, directly to your mailbox.
| less than a minute read

First eBL transaction under new Singapore Electronic Transactions Act

The long road to digitisation starts with small steps using the stepping stones already created to help one along that path. I am glad to see the MLETR changes made to Singapore's Electronic Transactions Act being applied to the real world. A small digital file but surely a giant leap for cross border trade. Now over to industry-wide and economy-wide adoption next. 

 

https://smartmaritimenetwork.com/2022/07/29/first-ebl-transaction-under-new-singapore-law-completed/

“This transaction is a significant milestone for digitalising global commodities trade and we are thrilled to lead the way on a journey with the aim of achieving digital trade at scale.”

Tags

trade, cross-border, entertainment & media, transportation, emerging technologies