Switching From Paper To Electronic Bills Of Lading: Fundamental Sociological Structure, Distributed Ledger Technology And Legal Difficulties

DOI: 10.5176/2251-3809_LRPP18.162

Authors: Dr Mohd Hwaidi

Abstract:

This paper proposes a model for the sociological structure of bills of lading. We argue that platforms that aim to facilitate an electronic format of bills of lading should be based upon the constituent components of the sociological structure of paper format of bills of lading. We suggest that Distributed Ledger Technology (DLT), including blockchains, is the only technological means that is capable to facilitate the sociological structure of bills of lading. The appropriate type of DLT is then evaluated in light of expected legal difficulties.

Keywords: Electronic bills of lading; norms and law, socio structure, legal issues on Distributed Ledger Technology