Digitization of documentation in commercial transactions is important to make them easier, faster and less costly. However, the digitization process faces particular problems with regard to documents that constitute negotiable documents of title. The article presents the assumptions of the work underway at UNCITRAL on a convention providing for the introduction of negotiable documents of title in both paper (NCD) and digital (NECR) versions, intended for use in various branches of transportation, on the model of bills of lading, which for years have documented the carriage of cargo by sea. The conduct of this work is a response to the demands of the stakeholders of transport relations, participating in inter-branch transport in particular. The focus of their attention remains the possibility of using such a document especially in the framework of a documentary letter of credit. The preliminary assumptions of the convention adopted by UNCITRAL are discussed against the background of the experience of digitization of bills of lading in road transport (eCMR), as well as attempts to digitize bills of lading, indicating the problems noted so far, the solution of which can be expected in the regulations of the convention under development.
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