Bill of lading is playing a vital role in the international commercial transaction since the time it has been employed. In terms of development this document has passes through different stages depending on the function it performed. Form wise, it has been used in forms of paper bill of lading until recent time. However, due to the advent of technology and the inherent problems associated with being used in forms of paper results the introduction of dematerialized bill of lading in the international commercial transaction. Electronic bill of lading is not yet abundantly used by the maritime community for reason mainly attributed to lack of uniform international law governing such dematerialized bill of lading. However, national states enacted laws which govern electronic bill of lading to have a default uniform law governing such digitalization process. The study aimed to investigate the need for introducing electronic bill of lading in Ethiopia and the how about of its regulation. To this end, the study employed a blend of both doctrinal and socio-legal research type which is carried out through qualitative research methodology. Doctrinal research type was used to analyze the existing Ethiopian and international legislation, soft laws and scholarly writings, whereas the socio-legal research type was employed to look into whether there are factors that necessitate introduction of electronic bill of lading in Ethiopia or not. In doing so, first, the study examined factors that necessitate introduction of electronic bill of lading in Ethiopia and showed that there are actual demanding factors for introduction of it. Second, it looks into legal concerns of introducing electronic bill of lading and the existing Ethiopia legal environment in light of its room for accommodating electronic bill of lading and revealed that the law has gaps to address the legal concerns associated with Electronic bill of lading. Third, it studied that how legal issues of electronic bill of lading is regulated under the UNCITRAL Model Laws and the lesson Ethiopia draw from such recommendation. The thesis argued that Ethiopia should introduce electronic bill of lading and regarding its regulation shall take the UNCITRAL Model Law on Electronic Transferable Records and Electronic Commerce as a model. Finally, based on its findings the study forwarded recommendations to be taken by the government.