Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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A Study on the Effect of Introduction of Smart Bills of Lading in International Commerce Transactions

무역거래에서 스마트 선하증권 도입의 필요성과 효과에 관한 연구

  • Yang-Kee Lee (Department of International Trade, Pusan National University) ;
  • Ki-Young Lee (Department of International Trade, Pusan National University) ;
  • Jong-Seon Kim (Department of International Trade, Pusan National University)
  • 이양기 (부산대학교 무역학과) ;
  • 이기영 (부산대학교 무역학과) ;
  • 김종선 (부산대학교 무역학과 양밍코리아)
  • Received : 2021.12.10
  • Accepted : 2021.12.27
  • Published : 2021.12.30
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Abstract

The bill of lading serves to link imports and exports. It is the last document issued in the export process and is the most important document before import and export as it is the first document required for importers to take over goods. Transfer the right to the goods to be transported to another person through endorsement. The role and importance of the bill of lading has already been suggested in many previous studies and the trading partners are fully aware of it. In addition, all countries and international organizations recognized the importance and enacted various laws and systems in relation to possible legal problems and they have become customary in practice. However, trade fraud that exploits the characteristics of the bill of lading may occur. In order to solve this problem, various attempts related to the electronic rights transfer of the bill of lading began to be carried out, and many institutions and companies are still trying to develop a new system. As a result of these efforts, electronic bills of lading, such as bolero, appeared, and electronic bills of lading, which can transfer rights in an electronic way, appeared. Therefore, this study intends to present the feasibility of the introduction of smart bills of lading after examining the current status of electronic bills of lading and the introduction of block chain technology-based bills of lading.

Keywords

Acknowledgement

This work was supported by the Ministry of Republic of Korea and National((NRF-2020S1A5B8103268).

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