Breaking Down Silos: IQAX eBL Interoperability Approved by IG P&I Clubs
IQAX has received approval from the International Group of P&I Clubs for its electronic bill of lading (eBL) interoperable addendum, enabling cross-platform eBL transactions. This enhancement builds on IQAX eBL's existing platform, which has served over 20,000 customers since its initial approval in June 2022.
The approved interoperable addendum utilizes GSBN as a Control Tracking Registry to ensure uniqueness and validity of interoperable transfers. IQAX has already demonstrated practical application through its interoperability initiative with ICE Digital Trade. The solution maintains standard P&I coverage for eBL-related liabilities, equivalent to paper bills of lading.
IQAX , owned by Orient Overseas International (HKEX:0316), aims to expand its network of interoperable partners to advance digital transformation in global trade documentation.
IQAX ha ricevuto l'approvazione dal Gruppo Internazionale di Club P&I per il suo addendum interoperabile della lettera di vettura elettronica (eBL), che consente transazioni di eBL su piattaforme diverse. Questo miglioramento si basa sulla piattaforma esistente di IQAX eBL, che ha servito oltre 20.000 clienti dalla sua approvazione iniziale nel giugno 2022.
L'addendum interoperabile approvato utilizza GSBN come Registro di Tracciamento di Controllo per garantire l'unicità e la validità dei trasferimenti interoperabili. IQAX ha già dimostrato l'applicazione pratica attraverso la sua iniziativa di interoperabilità con ICE Digital Trade. La soluzione mantiene la copertura standard P&I per le responsabilità legate all'eBL, equivalente a quella delle lettere di vettura cartacee.
IQAX, di proprietà di Orient Overseas International (HKEX:0316), mira ad espandere la sua rete di partner interoperabili per promuovere la trasformazione digitale nella documentazione commerciale globale.
IQAX ha recibido la aprobación del Grupo Internacional de Clubes P&I para su adenda interoperable de conocimiento de embarque electrónico (eBL), que permite transacciones de eBL en múltiples plataformas. Esta mejora se basa en la plataforma existente de IQAX eBL, que ha atendido a más de 20,000 clientes desde su aprobación inicial en junio de 2022.
La adenda interoperable aprobada utiliza GSBN como Registro de Seguimiento de Control para garantizar la singularidad y validez de las transferencias interoperables. IQAX ya ha demostrado su aplicación práctica a través de su iniciativa de interoperabilidad con ICE Digital Trade. La solución mantiene la cobertura estándar de P&I para las responsabilidades relacionadas con el eBL, equivalente a las cartas de porte en papel.
IQAX, propiedad de Orient Overseas International (HKEX:0316), tiene como objetivo expandir su red de socios interoperables para avanzar en la transformación digital en la documentación comercial global.
IQAX 는 전자 선하증권(eBL) 상호운용 가능 부속서에 대해 국제 P&I 클럽 그룹의 승인을 받았으며, 이는 교차 플랫폼 eBL 거래를 가능하게 합니다. 이 개선 사항은 2022년 6월 초기 승인 이후 20,000명 이상의 고객에게 서비스를 제공한 IQAX eBL의 기존 플랫폼을 기반으로 합니다.
승인된 상호운용 가능 부속서는 GSBN을 제어 추적 등록소로 활용하여 상호운용 가능한 전송의 고유성과 유효성을 보장합니다. IQAX는 이미 ICE 디지털 무역과의 상호운용성 이니셔티브를 통해 실질적인 응용을 입증했습니다. 이 솔루션은 종이 선하증권과 동등한 eBL 관련 책임에 대한 표준 P&I 보장을 유지합니다.
IQAX는 Orient Overseas International (HKEX:0316) 소속으로, 글로벌 무역 문서의 디지털 전환을 촉진하기 위해 상호운용 가능한 파트너 네트워크를 확대하는 것을 목표로 하고 있습니다.
IQAX a reçu l'approbation du Groupe International des Clubs P&I pour son addendum interopérable de connaissement électronique (eBL), permettant des transactions eBL interplateformes. Cette amélioration repose sur la plateforme eBL existante d'IQAX, qui a servi plus de 20 000 clients depuis son approbation initiale en juin 2022.
L'addendum interopérable approuvé utilise GSBN comme Registre de Suivi de Contrôle pour garantir l'unicité et la validité des transferts interopérables. IQAX a déjà démontré une application pratique grâce à son initiative d'interopérabilité avec ICE Digital Trade. La solution maintient une couverture P&I standard pour les responsabilités liées à l'eBL, équivalente à celle des connaissements papier.
IQAX, propriété d'Orient Overseas International (HKEX:0316), vise à élargir son réseau de partenaires interopérables afin d'avancer dans la transformation numérique de la documentation commerciale mondiale.
IQAX hat die Genehmigung der International Group of P&I Clubs für sein interoperables Addendum zum elektronischen Frachtbrief (eBL) erhalten, das Transaktionen von eBL plattformübergreifend ermöglicht. Diese Verbesserung baut auf der bestehenden IQAX eBL-Plattform auf, die seit ihrer ursprünglichen Genehmigung im Juni 2022 über 20.000 Kunden bedient hat.
Das genehmigte interoperable Addendum nutzt GSBN als Kontrollverfolgungsregister, um die Einzigartigkeit und Gültigkeit interoperabler Übertragungen sicherzustellen. IQAX hat bereits die praktische Anwendung durch seine Interoperabilitätsinitiative mit ICE Digital Trade demonstriert. Die Lösung bewahrt den standardmäßigen P&I-Schutz für eBL-bezogene Haftungen, der dem von Papierfrachtbriefen entspricht.
IQAX, das im Besitz von Orient Overseas International (HKEX:0316) ist, beabsichtigt, sein Netzwerk interoperabler Partner zu erweitern, um die digitale Transformation in der globalen Handelsdokumentation voranzutreiben.
- Received regulatory approval for cross-platform eBL transactions
- Platform serves over 20,000 customers since June 2022
- Maintains standard P&I coverage for eBL transactions
- Strategic partnership with ICE Digital Trade demonstrates practical implementation
- None.
This official approval extends IQAX eBL's capabilities to include eBL transactions between IQAX eBL and other approved eBL solution providers, marking a crucial step toward achieving seamless digital trade documentation across platforms. The approval builds upon IQAX eBL's existing success, which has seen over 20,000 customers trust the platform for digital bill-of-lading transactions since its initial IG P&I Clubs approval in June 2022.
"This approval means our customers can conduct inter-platform transfers with the same confidence they've had in our standalone solution," said Lionel Louie, Chief Commercial Officer of IQAX. "They can be assured that eBL-related liabilities are covered under standard P&I terms, identical to paper bills of lading."
The newly approved interoperable addendum highlights that the current interoperable eBL approach—utilizing GSBN as a Control Tracking Registry—ensures the uniqueness and validity of interoperable transfers. This not only satisfies the legal requirements for IG P&I Club approval but also establishes a scalable and commercially viable solution that brings us closer to the goal of full eBL adoption.
IQAX's recent interoperability initiative with ICE Digital Trade, for example, demonstrates the practical application of cross-platform eBL transfers, ensuring security and legal compliance every step of the way.
"This approval positions IQAX at the forefront of digital trade innovation," said Lionel Louie. "We are now equipped to support interoperability with other eBL platforms that share our vision for an interconnected future. We look forward to establishing partnerships with like-minded organizations to drive the digital transformation of global trade documentation."
IQAX remains committed to expanding its network of interoperable partners and continuing to enhance its digital solutions to meet the evolving needs of the global trade community.
For more information about IQAX eBL and its interoperability capabilities, please contact:
About IQAX
IQAX Limited is a global information technology company that provides intelligent digital transformation solutions using blockchain for enterprises in the logistics ecosystem. Backed by a strong heritage in container shipping, IQAX strives to foster a harmonized and connected global trade environment. As an industry leader, IQAX connects with shippers, consignees, freight forwarders, carriers, terminals, and financial institutions, and empowers them with digitized solutions to meet emerging business challenges throughout the supply chain.
IQAX is an independent technology company wholly owned by Orient Overseas International Ltd. (HKEX:0316), which is in turn part of Orient Overseas Container Line (OOCL), one of the largest integrated international transport and logistics companies in the world.
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SOURCE IQAX Limited
FAQ
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