WaveBL is a digital platform using proprietary blockchain technology to transfer electronically trade documents.
The WaveBL solution enables the instant, encrypted, and authenticated transfer of electronic Bills of Lading and related trade documents. The platform complies with universal processes and regulations in use. The platform is designed to meet the needs of all parties involved in trade, including shipping companies, agents, brokers, and banks. WaveBL has strong alliances with leading companies in global trade to drive faster digitalization and adoption.
| Product | Market Share (%) |
|---|---|
| WaveBL | 0.1% |
| Oracle Transportation Management | 20.0% |
| SAP Transportation Management | 18.4% |
| Other | 61.5% |
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