Members of Sinochem Energy High-Tech and essDOCS teams; Beijing, 12 September 2019

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Sinochem Energy subsidiary, Sinochem Energy High-Tech Co. Ltd., recently hosted a trade digitization workshop alongside essDOCS at their Beijing premises.

The full-day session took place on 12 September 2019 and was split into three segments. 

The first segment addressed key hurdles in digitizing cross-border trade and how to overcome these, with key stakeholders from major Chinese banks as well as leading maritime experts participating in the session. 

The second segment focused on the current integration of CargoDocs DocEx into Sinochem Energy High-Tech’s upcoming DigiDocs solution, which will be put to the test in Asia-Pacific and Middle East energy and chemicals markets over the coming months. 

This was followed by a scoping session to discuss the second phase of our soon-to-be-announced partnership with Sinochem, which will look at providing a blockchain-based Bill of Lading plus fully digital trade finance capabilities.  

We look forward to continuing our close cooperation and joint efforts with the Sinochem team in digitizing trade.