Activity: Talk or presentation › Science to science
‘Digitization’ refers to converting analogue into digital data for further processing by electronic means. The broader concept ‘digitalization’ stands for increasing applications of digital technologies by organizations, industries or societies. While the first term refers to an underlying condition for it, the latter has gained significant attention as digitalization of nearly all aspects in supply chains, including maritime shipping. But reality bites when this has to put into practice. Therefore, we want to strive a sober view on the mentioned conditions, i.e. the ‘digitization’ and thus availability of documentary paperwork in some digital form, before we show the current context and status of approaches to digitalize them in paperless trade environments. In sum, our analysis shows huge deficits when it comes on negotiable bills of lading, despite the overall legal foundation enabling paperless trade environments is developing rapidly. This outcome stems from the fact that applicable transport law simply do not facilitate ‘digitization’ and/or implementation efforts of ‘digitalization’ are hindered by inherent operational risks and liability burden or actors involved who are not willing or able to adapt to the evolving new digital reality yet.
Digitization and Automation the Maritime Supply Chain
Degree of Recognition
Austrian Classification of Fields of Science and Technology (ÖFOS)