GLEIF and AEOTrade Collaborate to Strengthen Trust and Interoperability in Electronic Bills of Lading

Verifiable organizational identity underpins trusted eBLs, reducing risk and inefficiencies across global trade and supply chains

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The Global Legal Entity Identifier Foundation (GLEIF) and AEOTrade (Beijing) Technology Co., Ltd. (AEOTrade) have entered into a Memorandum of Understanding (MoU). Together, they will explore how verifiable organizational identity can promote the development of an open, inclusive, and secure infrastructure for trusted global digital trade.

AEOTrade is a technology enterprise serving the trade industry. Under the MoU, GLEIF and AEOTrade will work to promote interoperability between different global digital identity standards – including the Legal Entity Identifier (LEI) and the verifiable LEI (vLEI) – and international digital trade protocols, such as the AEOTradeChain blockchain platform. By integrating the vLEI with its AEOTradeChain platform, AEOTrade's solution creates a trusted digital infrastructure that ensures the authenticity, uniqueness, and compliance of every electronic bill of lading (eBL) and verifies the identities of all participants. This significantly enhances the security, accuracy, and efficiency of global trade processes and supply chains.

The collaboration follows AEOTrade's participation in the inaugural GLEIF vLEI Hackathon, where it was recognized as the runner-up in the Trade, Supply Chain, and SME Finance category.

Alexandre Kech, CEO at GLEIF, comments: “Global trade continues to face fundamental challenges related to trust, fragmentation, and inefficiency—particularly as critical documents such as electronic bills of lading move fully into digital form. This collaboration with AEOTrade demonstrates how verifiable organizational identity, anchored in the vLEI, can help address these issues at scale by ensuring that every participant and transaction can be trusted by default. Building on previous cooperation during the vLEI Hackathon, the MoU marks a clear step toward real-world deployment and a more secure, interoperable digital trade ecosystem.”

Zetao Yang, CEO, AEOTrade and Secretary General of TradeTech Alliance, said: “Having showcased the benefits of integrating the vLEI into key trade documentation and processes, our ongoing engagement with GLEIF stands to promote interoperability and innovation to realize new use-cases and enable trusted and efficient cross-border commerce."

GLEIF and AEOTrade will also focus on accelerating the development of real-world use-cases, as well as exploring broader opportunities to increase collaboration and advance the global digital trade technology ecosystem.