White Paper Transfer of Model Law on Electronic Transferable Records - Compliant Titles

UN/CEFACT White Paper on Transfer of Model Law on Electronic Transferable Records - Compliant Titles.

This White Paper explains the key requirements laid out in the MLETR that an electronic record must satisfy to be an ETR so that its legal validity is preserved even when used across international borders through achieving the same legal effects as are achieved by use of its paper counterpart. These are the requirements of writing and signature, integrity, singularity, exclusive control to preclude double-spending, delivery and endorsement. The MLETR also provides for changes of medium where required.