Blockchain Bill of lading
Blockchain Bill of lading

Blockchain Bill of lading

The maritime industry is an important part of the developing world economy. Most of the goods are transported using the feasible costs provided by the shipping industry. Infusing technology into this sector and making it seamless is the need of the hour. The industry has initiated the incorporation of technology through automating vessel initiatives through artificial intelligence which has helped in reducing human errors and improved the safety of navigation. Documentation is yet another area of the maritime industry which has been constantly in the need of development.

The Bill of Lading is an important document in the shipping and freight chain. It comes with basic purposes like evidence of the contract carriage, receipt of goods, and document of title of the goods. The electronic bill of lading was the first replacement for the paper bill of lading which is now being replaced by an even better form of technology called blockchain bill of lading.

Blockchain technology is an immutable ledger that aids in the process of recording transactions and tracking assets in a business network. Blockchain bill of lading or smart bill of lading is a new age bill of lading which uses the technology of blockchain. The blockchain bill of lading provides an immutable audit trail, transparency of business and unbreakable confidentiality. Blockchain technology made the existing bill of lading tamper-proof and auditable and brought large-scale reliable projections.

Blockchain bill of lading could give that added digital security features which apparently elevated the quality of the existing bill of lading. The electronic format of bill lading was very difficult to use for the companies. Blockchain has changed that and turned the use of the electronic bill of lading user-friendly.

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Implementation of Blockchain Bill of Lading

Several platforms are coming to the forefront to use blockchain technology in bills of lading like TradeLens, CargoSmart, Wave and CargoX. The test of CargoX's smart bill of lading was conducted on a transhipment from China to Peru. The test run of the blockchain bill of lading was a huge success, as the blockchain technology made the transfer of the bill of lading quick and cost-effective and the reliability of the same area in multiple folds as against the time usually taken through regular carrier services.

TradeLens features on blockchain bill of lading are gathering pace and moving into the market of the United Arab Emirates as well. The digitisation agenda put forth by TradeLens is right now transforming paper-based and time-consuming administrative processes concerning the documentation of shipping instruments. TradeLens, like the rest of the platforms, has adapted blockchain technology to provide faster movement of the documents electronically through all the relevant stakeholders. This reduces the chances of the documents getting lost or forged.

Benefits of blockchain bill of lading

Adapting of blockchain bill of lading brings a lot of benefits to the shipping or maritime industry:

High level of security through immutable audit facilities. Helps in preventing misdeliveries. Lowers the cost of sending, processing and archiving. Cannot be lost, tampered or stolen. Secures the end-to-end documentation process. It helps in reducing the credit time for financial institutions. Transfer of bills is faster than paper-based bills of lading.

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A simple and clear workable document is the foundation of every international commercial transaction. A bill of lading is that document when it comes to logistics solutions. The paper-based bill of lading has gained its ground over the years of favourable forms of evolution. Any adaptation of new technology will make its way against the paper-based bill of lading that has been considered economically desirable and operationally viable. Technological advancements irrespective of the field in which they are implemented are always up for contradictions and conflicts of interest. The choice of adopting blockchain technology will always rest on the risk that the shipping industry is willing to take.

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Logistics Solutions

Logistics is nothing more than the vision of how you will get your goods from one place to another. Logistics solutions assist in the management of that entire logistics process. A good logistics software will help you keep track of and manage your shipments, visibility as well as keep you updated on the financial health of your company.

Logipulse has all this and more. A one-stop logistics management software, Logipulse has many features that would enhance operational efficiency, productivity and scalability while enabling a better experience and value for money making it the ideal logistics management software in the market.

Our Logistics Management Solutions

Logipulse offers a range of logistics solutions apart from freight forwarding. Also featured are 3PL and Warehousing, NVOCC, Movers and Relocation and Customs Clearance. A truly one-stop destination for everything you would need in logistics management software.

Freight Forwarding Solutions

With Logipulse logistics management software, you can exchange information across in-house personnel, clients and suppliers in real-time and manage all your logistics operations from a single system.

3PL Solutions

Logipulse software solution for 3PL and warehousing includes all the options you need to process warehouse operations from start to finish, and automatically generate invoices and transfer data to accounting.

NVOCC Solutions

Our logistics management software aids in booking, keeping track and managing your containers from home port to destination port. Keeping a track of your financials is also easier with our logistics software.

Customs Clearance Solutions

Our logistics solutions for the customs clearance feature allow you to filter or search by specific fields. In addition easy attachment of documents, adding on charges which would auto integrate with the finance module makes this module an easy stop destination for all your customs clearance requirements.

Movers & Relocation Software

Logipulse facilitates paperless operations which automate and integrate multiple functions, from the survey, packing, shipping, billing, accounting, vendor management and storage, into one well-organized platform. Our logistics software facilitates all this and more…

Major Features of Logipulse Logistics Solutions

Logipulse is an end-to-end logistics management software with superior technology. Our logistics solutions are aimed at simplifying everyday operations in all aspects of freight forwarding. Our standout features are our multi-language interface, multi-location, multi-currency finance module and customised report engine and Data Analytical KPI Dashboard which would save time usually spent on customising reports from your service provider.

Another unique feature is the availability of our logistics software over different platforms such as Desktop, Tablet, Mobile, as well as PDA and Scanning devices, making working on the move easy and accessible.

Benefits of Logistics Solutions for Businesses

The benefits of a good logistics management software are hassle-free operations, good warehouse and inventory control, freight management and finances under one platform. All these improve performance, productivity and efficiency as well as keep costs under control which make for a better customer experience.

What Makes Logipulse Unique?

Logipulse is a good and wholesome logistics solution that will tide over the constantly fast-changing demands of the industry. Featuring many unique tools that have been designed after 10 years of research and understanding the nuances of the market to build a logistics software that will last for the next 5 years.


What is a logistics management system?

A logistics management system is a combination of software tools that optimise logistics processes from pickup to delivery. A good logistics software would include key factors of operations, inventory control, transportation of freight, tracking and finance.

What is the importance of logistics software?

Timely and accurate information and conveying this information are essential and vital in logistics. Logipulse, a good logistics management software, enables better visibility, decision making, and productivity and reduces costs.

What are the major activities involved in logistics systems?

A good logistics solution would oversee the proper management of shipment booking processing, warehouse management, handling and transportation of cargo, inventory control and last-mile & delivery.

How is Logipulse different from other freight forwarding software?

Logipulse is a cloud-hosted SaaS logistics software, an end-to-end solution for logistics companies, with superior technology aimed at small to medium freight forwarders.

Is the logistics system available in multiple languages?

Logipulse is the only SaaS-based logistics software that supports multiple languages – you can switch between languages easily. Keeping in mind that most logistics operations often are across several borders, our logistics management software makes it easier to liaise between branches across the globe.

What do logistics systems provide?

A good logistics management software will include management of import and export freight, warehouse management and inventory control, freight carrier management and managing third-party logistics service providers.