The electronic B/L does the same things, but it also makes information faster, more secure, and more accurate.
In the past, important information was sent from the shippers to the consignees in a different country by sending a physical Bill of Lading. Using an eB/L, the information on the Bill of Lading can be sent almost instantly to other people in the supply chain. The administrative and operational costs of all parties involved will go down if they switch from a completely manual, paper-based process to one that uses an electronic interface to capture the information and send it instantly to the right people. In the end, these time and cost savings will reduce the cost of products and shipping, which will reduce the cost for end consumers.
An electronic paperless bill of lading is a bill of lading that is sent to the customer electronically instead of being printed on paper and given as a hard copy. Many people think that the electronic bill of lading will make a big difference in the shipping industry because it will make transactions faster and more efficient. It will also cut costs and make shipping safer and less risky. BUT, there is a question of safety, security, and acceptability when it comes to sending and receiving electronic bills of lading.
You should check to see if you and your country are ready for electronic bills of lading that don’t need paper.