DSV has successfully completed a pilot-based on a digital bill of lading for Haama Group
DSV, together with the start-up company Wave, Maersk company, the International Bank and Haama Group, joined together to transfer documents and ownership and release goods by using digital documents in Block-chain technology in a secure and fast manner.
DSV has successfully completed a pilot based on digital bill of ladings for Haama Group.
The successful pilot was achieved thanks to DSV’s collaboration with the start-up company Wave, the Maersk shipping company, the First International Bank and the DSV customer – Haama Group.
In this unique pilot project, the companies joined together in favor of ownership transfer documents and the release of their goods by using the technology of digital documents Block-chain, securely and quickly without leaving the office or using courier services and without relying on paper work.
As far as known, this is the first time in Israel that the entire process is performed on this platform. As part of the process, the customer receives documents authenticated digitally from the bank, transfers them and their ownership to the shipping company and the shipping company, in order to release the goods from the port, based on the digital documents transferred through the Wave platform releases the goods.
DSV said that so far this process took several days, and using the Wave platform, the process is shortened to minutes. The innovative platform allows the relevant parties to digitally transfer the documents between the parties, resulting in increased efficiency in the process, cost savings, reduction of errors, inquiries, bureaucracy and paperwork – saving valuable time and money.
“We at DSV are proud to start the project in Israel and our logistic partners are committed to being up-to-date with advanced technologies and constantly improving processes in the supply chain,” said Siegel Mannheim-Katzowitz, CEO of DSV Israel.
Yaron Harel, CEO of Haama: “As a company that championed innovation, efficiency and a steady march towards the future, it was only natural that we should be part of a breakthrough digital innovation in the field of international trade. We found that the new technology brings with it a new level of streamlining processes, shortening working times and reducing costs, and allows for minimal use of resources and expenses in documenting the different interfaces in the supply chain”
Gadi Roshin, CEO of Wave said: “Wave is in the cutting edge of technology, enabling the first time a completely paperless office. Companies are investing huge sums to end the dependence on paper and the inefficiency and risks resulting from it, such as trade documents, bank guarantees, official certificates and more. “
David Golin, Director of Maersk Israel notes that Maersk is investing heavily in digitization and streamlining in order to improve customer service, ease and simplify the global trade process.
Moran Stark, Director of International Trade and Payments at First International Bank: “Customers’ needs are changing and they expect efficient and fast solutions that will enable foreign trade operations using digital tools in order to improve their business (exporters, banks, customs, shipping companies, etc.) – This technology can provide the answer. “
DSV Israel has agreed that in the coming months, DSV intends to expand its operations to additional customers in Israel and later to implement this service to all customers worldwide.