It has come to my attention that my article "Implications of the Blockchain Technology for the UNCITRAL Works" had been published from the United Nations in November last year. The 50th anniversary Congress was a big occasion for UNCITRAL and it was my great honour to be part of it. Here is my article excerpted from the...

Here is the published version of my article "Blockchain Technology for Letters of Credit and Escrow Arrangements" (2018)135-2 Banking Law Journal pp.89-103.The analysis is multi-layered, with up to three levels of headings. To aid readability, I gave chapter numbers in my original manuscript (See the unedited version attached...

Here is an article I have written on the basis of my presentation at the conference “Supply Chain Finance and the Changing Landscape of International Trade” held at the Gothenburg University (Sweden) on 23 October 2017.An additional note (25 Nov 2017): This article has been accepted for publication from the Banking Law...

Here are the slides I used for my presentation at the Gothenburg University (Sweden) on 23 October 2017.Very many thanks to Abhinayan Basu Bal for his invitati...

I will be presenting my thoughts on the subject above in the upcoming Congress of the UNCITRAL for the celebration of its 50th anniversary (4-6 July 2017).My paper currently on the Congress website is a version which I sent to the UNCITRAL Secretariat some months ago and which no longer represents my latest thinking...

My article "Blockchain Technology and Electronic Bills of Lading" has come out from the Journal of International Maritime Law ((2016) 22 JIML 202-211). The full text is here....

Here is the powerpoint file for my presentation at the seminar "Electronisation of Transferable Documents or Instruments Used in International Trade" (10-11 March 2016) in Singapore (organised by UNCITRAL, Attorney-General’s Chambers of Singapore and the Association of Banks in Singapore (ABS...

Since 2011, the UNCITRAL has been working on legal issues relating to the use of electronic transferable records. From the beginning, it envisages two approaches to establishing the identity of the person to whom an electronic transferable record is issued or transferred, namely the token model which identifies the person...

In my earlier post, I have suggested that one of the most promising use cases of the blockchain technology is electronic bill of lading: a token on a blockchain issued by the carrier of goods which represents the right to demand the delivery of the goods. As noted in another of my earlier post, I stressed the importance...

In my earlier post, I have suggested that one of the most promising use cases of the blockchain technology is electronic bill of lading: a token on a blockchain issued by the carrier of goods which represents the right to demand the delivery of the goods.In another of my earlier post, I have pointed out that while many...

The article written by José Angelo Estrella Faria, the secretary general of the UNIDROIT, entitled "Uniform Law And Functional Equivalence: Diverting Paths or Stops Along The Same Road? Thoughts on a New International Regime for Transport Documents" 2 Elon L. Rev. 1 is excellent. The author notes that in order to...

In an earlier post, I have argued that the blockchain technology could finally herald a breakthrough in the digitization of bills of lading, which are a backbone of trade in goods.Another backbone of trade in goods is a letter of credit. It may be replaced by a vastly cheaper alternative of escrow transactions using multi-signature...

The first and most famous application of the blockchain technology is bitcoin. But the real innovation lies in its underlying technology and a number of proposals and trials have been made on its application in the past few years. I personally think that one of the most promising areas of application is trade in goods. Bills...