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IQAX eBL Won the Outstanding Digital Solution Award for Empowering Digital Intelligent Shipping

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IQAX's eBL platform has won the 2024 Outstanding Digital Solution Award at the 13th Annual China Finance Summit. The platform leverages blockchain technology to enhance security and efficiency in shipping and logistics. Key features include:

- Endorsed by IGP&I, granting legal equivalence to paper bills of lading
- Supports e-presentations and various commercial scenarios
- Over 14,000 registered companies
- Processed over 240,000 original bills of lading
- Partnerships with major Chinese banks

IQAX, owned by Orient Overseas International (HKEX:0316), aims to foster digital transformation in global trade, connecting various stakeholders in the logistics ecosystem.

La piattaforma eBL di IQAX ha vinto il Premio per la Migliore Soluzione Digitale 2024 al 13° Summit Annuale sulla Finanza in Cina. La piattaforma sfrutta la tecnologia blockchain per migliorare la sicurezza e l'efficienza nei settori della spedizione e della logistica. Le caratteristiche principali includono:

- Approvata da IGP&I, conferendo equivalenza legale ai documenti di trasporto cartacei
- Supporta presentazioni elettroniche e vari scenari commerciali
- Oltre 14.000 aziende registrate
- Oltre 240.000 documenti di trasporto originali elaborati
- Collaborazioni con le principali banche cinesi

IQAX, di proprietà di Orient Overseas International (HKEX:0316), mira a promuovere la trasformazione digitale nel commercio globale, collegando i vari attori nell'ecosistema della logistica.

La plataforma eBL de IQAX ha ganado el Premio a la Mejor Solución Digital 2024 en la 13ª Cumbre Anual de Finanzas de China. La plataforma utiliza tecnología blockchain para mejorar la seguridad y eficiencia en el envío y la logística. Las características clave incluyen:

- Avalada por IGP&I, otorgando equivalencia legal a los documentos de transporte en papel
- Soporta presentaciones electrónicas y varios escenarios comerciales
- Más de 14,000 empresas registradas
- Más de 240,000 documentos de transporte originales procesados
- Alianzas con importantes bancos chinos

IQAX, propiedad de Orient Overseas International (HKEX:0316), tiene como objetivo fomentar la transformación digital en el comercio global, conectando a los diversos actores del ecosistema logístico.

IQAX의 eBL 플랫폼은 제13회 중국 금융 정상 회담에서 2024년 우수 디지털 솔루션 상을 수상했습니다. 이 플랫폼은 블록체인 기술을 활용하여 배송 및 물류에서 보안과 효율성을 향상시킵니다. 주요 기능은 다음과 같습니다:

- IGP&I의 승인으로 종이 선하증권에 법적 동등성을 부여
- 전자 프레젠테이션 및 다양한 상업적 시나리오 지원
- 14,000개 이상의 등록 기업
- 240,000건 이상의 원본 선하증권 처리
- 주요 중국 은행과의 파트너십

IQAX는 Orient Overseas International (HKEX:0316)의 소유로, 글로벌 무역의 디지털 전환을 촉진하고 물류 생태계의 다양한 이해관계자를 연결하는 것을 목표로 하고 있습니다.

La plateforme eBL d'IQAX a remporté le Prix de la Meilleure Solution Numérique 2024 lors du 13ème Sommet Annuel de la Finance en Chine. La plateforme tire parti de la technologie blockchain pour améliorer la sécurité et l'efficacité dans l'expédition et la logistique. Les principales caractéristiques incluent :

- Validée par l'IGP&I, accordant une équivalence légale aux connaissements papiers
- Prend en charge les présentations électroniques et divers scénarios commerciaux
- Plus de 14 000 entreprises enregistrées
- Plus de 240 000 connaissements originaux traités
- Partenariats avec des banques chinoises majeures

IQAX, propriété de Orient Overseas International (HKEX:0316), vise à favoriser la transformation numérique dans le commerce mondial en connectant les différents acteurs de l'écosystème logistique.

Die eBL-Plattform von IQAX hat den Preis für die herausragende digitale Lösung 2024 beim 13. jährlichen China Finance Summit gewonnen. Die Plattform nutzt Blockchain-Technologie, um die Sicherheit und Effizienz in Versand und Logistik zu verbessern. Zu den Hauptfunktionen gehören:

- Von IGP&I genehmigt, was rechtliche Gleichwertigkeit zu Papierfrachtbriefen verleiht
- Unterstützt elektronische Präsentationen und verschiedene Geschäftsszenarien
- Über 14.000 registrierte Unternehmen
- Über 240.000 Originalfrachtbriefe bearbeitet
- Partnerschaften mit großen chinesischen Banken

IQAX, im Besitz von Orient Overseas International (HKEX:0316), hat das Ziel, die digitale Transformation im globalen Handel zu fördern und verschiedene Interessengruppen im Logistik-Ökosystem zu vernetzen.

Positive
  • Won the 2024 Outstanding Digital Solution Award at the 13th Annual China Finance Summit
  • Received endorsement from the International Group of P&I Clubs (IGP&I)
  • Over 14,000 companies registered with the platform
  • Processed over 240,000 original bills of lading issued by carriers
  • Formed partnerships with major Chinese banks for shipping finance services optimization
Negative
  • None.

HONG KONG, Aug. 1, 2024 /PRNewswire/ -- IQAX is delighted to announce that the IQAX eBL platform has won the 2024 Outstanding Digital Solution Award at the 13th Annual China Finance Summit (CFS), jointly sponsored by syobserve. com, gongyidaily.com, and major media outlets in China.

The CFS Finance Summit is a major event curated by leading financial and mass media organizations in China. Through diverse formats, the summit convenes business leaders and thinkers to explore the driving forces behind China's economic transformation and development. It has become one of the most influential platforms for intellectual exchange and thought leadership about China's economy.

The IQAX eBL platform prioritizes the security of bills of lading by actively introducing technological innovations into the shipping and logistics industry. Leveraging the distributed, swift transmission, immutable and traceable nature of blockchain technology, it mitigates fraud and loss risks inherent to traditional paper bills of lading. In 2022, IQAX eBL received endorsement from the International Group of P&I Clubs (IGP&I), confirming that electronic bills of lading on the platform have the equivalent legal standing to paper bills of lading.

A user-friendly and efficient experience is another key advantage provided by the IQAX eBL platform. It allows relevant trade parties to conduct e-presentations while transferring eBLs. This suits various commercial scenarios and supports bill-of-lading transfers under different payment methods.

Since launching, the IQAX eBL platform has significantly improved bill-of-lading circulation efficiency for shipping supply chain users. Not only has it reduced the processing time and cost, but it has also enhanced transportation transparency and trust among trading parties by sharing important information such as the status updates of bills of lading and container movements with transport stakeholders. To date, more than 14,000 companies have registered with the platform. Many industry-leading shipping companies such as COSCO SHIPPING, OOCL and Hapag-Lloyd are linked to the IQAX eBL platform, letting users easily manage bills of lading from multiple carriers.

IQAX eBL has processed over 240,000 original bills of lading issued by carriers. It has formed long-term partnerships with major Chinese banks, including Bank of China, Bank of China (Hong Kong), Bank of Communications, China Merchants Bank, Export-Import Bank of China, Pudong Development Bank, China CITIC Bank, Bank of Ningbo, and Shanghai Rural Commercial Bank. The objective is to promote and optimize more shipping finance services. Given its leading products and platform services in electronic bills of lading, the IQAX eBL successfully won a slew of awards such as the 2024 Asia-Pacific Trade Facilitation Innovation Award. It is widely recognized in the industry for using digital technologies to help realize a seamless, digital-first global shipping service system.

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.

Cision View original content:https://www.prnewswire.com/news-releases/iqax-ebl-won-the-outstanding-digital-solution-award-for-empowering-digital-intelligent-shipping-302211827.html

SOURCE IQAX Limited

FAQ

What award did IQAX eBL win in 2024?

IQAX eBL won the 2024 Outstanding Digital Solution Award at the 13th Annual China Finance Summit (CFS) in 2024.

How many companies have registered with the IQAX eBL platform?

More than 14,000 companies have registered with the IQAX eBL platform.

What technology does IQAX eBL use to enhance security?

IQAX eBL leverages blockchain technology to enhance security and mitigate fraud and loss risks in shipping and logistics.

How many original bills of lading has IQAX eBL processed?

IQAX eBL has processed over 240,000 original bills of lading issued by carriers.

Which stock exchange is Orient Overseas International , IQAX's parent company, listed on?

Orient Overseas International , IQAX's parent company, is listed on the Hong Kong Stock Exchange with the ticker OROVY (HKEX:0316).

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