About this document

Blockchain Solutions for Oil Trade Bills by Seok-Beom Choi is a document available to read on EtoBox.

This document discusses problems with bills of lading in oil trade and proposes blockchain bills of lading as an electronic solution. It explores the main functions of bills of lading, including serving as a receipt for goods, prima facie evidence of a carriage contract, and a document of title. It notes that bills of lading are problematic for oil trades that involve multiple sales, and letters of indemnity are commonly used instead. The document examines issues with bills of lading in oil trades and sugge

Author

Seok-Beom Choi

Language

EN