International trade has traditionally been fraught with financial, logistic and time inefficiencies, and high business costs every year. But Bolero System is getting rid of these inefficiencies by moving world trade onto the Internet, allowing documents and data to be exchanged online between all parties in the trade chain. Under the bill of lading based on paper, the goods are delivered at the port of destination only against the presentation of the document. So the paper bill of lading has been the main document of the carriage of goods by sea. These days, there is discussion about electronic bill of lading according as Information Technology develops. It is bolero system that representative thing of electronic bill of lading is commercialized through “bolero.com”. This system has been practising for the realization of the electronic bill of Lading in Europe. The government debated several amendments to the bill which is introduction of electronic bill of lading and made a partial amendment of the Commercial Code(maritime law) on August 3th, in 2007. But there's room for improvement in the revision. So this paper examines curtly about history of electronic bill of lading, and then investigates operation structure and legal system of BOLERO bill of lading(BBL). Finally, this paper investigated Commercial Code that is amended this time and proposed my opinion to be improved.

International trade has traditionally been fraught with financial, logistic and time inefficiencies, and high business costs every year. But Bolero System is getting rid of these inefficiencies by moving world trade onto the Internet, allowing documents and data to be exchanged online between all parties in the trade chain. Under the bill of lading based on paper, the goods are delivered at the port of destination only against the presentation of the document. So the paper bill of lading has been the main document of the carriage of goods by sea. These days, there is discussion about electronic bill of lading according as Information Technology develops. It is bolero system that representative thing of electronic bill of lading is commercialized through “bolero.com”. This system has been practising for the realization of the electronic bill of Lading in Europe. The government debated several amendments to the bill which is introduction of electronic bill of lading and made a partial amendment of the Commercial Code(maritime law) on August 3th, in 2007. But there's room for improvement in the revision. So this paper examines curtly about history of electronic bill of lading, and then investigates operation structure and legal system of BOLERO bill of lading(BBL). Finally, this paper investigated Commercial Code that is amended this time and proposed my opinion to be improved.

bill of lading, electronic bill of lading, bolero system, data message, bolero rulebook