ABSTRACT
The bolero.net system represents a technical and legal infrastructure to facilitate paperless trade in goods via the Internet. It is operated by Bolero International Limited, a joint venture between SWIFT (Society for Worldwide Interbank Financial Transactions) which in turn is owned by several thousand member banks globally, and the Through Transport Mutual Insurance Association Limited, a global insurance mutual owned by major sea carriers and logistics companies. Bolero International is not to be confused with the Bolero Association Limited, which is a not for profit company owned by, and existing to promote the interests of, users of bolero.net.
