Swift, CargoX and edoxOnline are working on proof of concept for electronic Bills of landing on a blockchain.

Swift posted a press release yesterday, where they talked about what this could do. The important part is cutting down time required by 60% and eliminating 6 billion $ in costs per year.

This was already proved by CargoX and the success they have in Egypt. Where they cut the cost down from 650$ to 165$ and processing time from 29 days to just 9 days.

Maybe NFTs can actually be useful?

You can read the Swift press release here: Swift

And about CargoX success in Egypt here: CargoX in Egypt