Challenges Regarding the Electronic Bill of Lading (eBoL)

Abstract

The electronic bill of lading (eBoL) has not been into practice up to the present despite the fact that digitalization gains ground at a rapid pace. There are a few reasons why there is such disbelief as regards the substitution of the paper bill of lading. Generally speaking, a great debate has been raging all these years. Advantages as well as disadvantages are to be found on both sides. On the one hand, defenders of the idea that the electronic bill is realizable in near future even though there are a few drawbacks to be overcome, collide with the reluctance and hesitation of those who controvert the concept of the eBoL. But on which basis are the objections and oppositions exactly based.  Significant steps in the right direction are to be pointed out, but it seems that there are still crucial practical hindrances at the front.