diff --git a/README.md b/README.md
index 7019578b..5de5ac64 100644
--- a/README.md
+++ b/README.md
@@ -1,6 +1,11 @@
 # @folio/linked-data
 
-This project is a new MARVA editor.
+© 2024 EBSCO Information Services.
+
+This software is distributed under the terms of the Apache License, Version 2.0. See the file "[LICENSE](LICENSE)" for more information.
+
+## Introduction
+UI application designed for performing operations on a library's linked data graph. This application can run standalone outside of the FOLIO platform. The [ui-ld-folio-wrapper](https://github.com/folio-org/ui-ld-folio-wrapper) module integrates this application for use within FOLIO.
 
 ## Table of Contents
 
@@ -24,39 +29,45 @@ or Yarn:
 yarn install
 ```
 
-### 2. Provide API config:
-
-#### a) For an external API:
+### 2. Configure the application:
 
 Create a JSON object with required data, then use it in such cases:
 
-- For development or using MARVA as a standalone application, in a browser's localstorage create a record with a key `okapi_config` and stringified JSON value (see "JSON config example");
+- For development or using Linked data as a standalone application, in a browser's localstorage create a record with a key `okapi_config` and stringified JSON value (see "JSON config example");
 
 - For an embedded application:
   Use JSON in the `config` attribute, see [Usage](#usage) section.
 
-###### JSON config example:
+###### Configuration options:
+  * `basePath`: Backend URI to which requests from the frontend are going to be directed.
+  * `tenant`: Okapi tenant.
+  * `token`: Okapi token.
+  * `customEvents`: A dictionary with custom event names. The keys of this dictionary have to be specific while the values can be arbitrary but unique. Events are used to communicate between this application and its container when running in embedded mode.
+      * `TRIGGER_MODAL`: Root application can dispatch this event to open a prompt in Linked data application which will inform a user about unsaved changes before leaving an Edit or Create page.
+      * `PROCEED_NAVIGATION`: Linked data application dispatches this event when a user clicks in the prompt "Save and continue" button or closes the prompt.
+      * `BLOCK_NAVIGATION`: Linked data application dispatches this event when user makes changes in a work form ("Create" or "Edit" page).
+      * `UNBLOCK_NAVIGATION`: Root application can dispatch this event to allow Linked data to proceed its navigation after it's been blocked.
+      * `NAVIGATE_TO_ORIGIN`: Linked data application dispatches this event when there is a need to navigate to the entrypoint from where the navigation to the Linked data application happened.
+      * `DROP_NAVIGATE_TO_ORIGIN`: Linked data application dispatches this event when there is no longer a need to navigate to the entrypoint from where the navigation to the Linked data application happened. Subsequent `NAVIGATE_TO_ORIGIN` calls have no effect unless a new navigation origin is set within the root application.
+
+###### Configuration example:
 
 ```json
 {
   "basePath": "YOUR_API_URI",
   "tenant": "YOUR_TENANT",
   "token": "YOUR_TOKEN",
-  // For embedded application only. Events also should be dispatched or listened in the root application.
   "customEvents": {
-    "TRIGGER_MODAL": "triggermodal", // Root application can dispatch this event to open a prompt in MARVA which will inform a user about unsaved changes before leaving an Edit or Create page.
-    "PROCEED_NAVIGATION": "proceednavigation", // MARVA dispatches this event when a user clicks in the prompt "Save and continue" button or closes the prompt.
-    "BLOCK_NAVIGATION": "blocknavigation" // MARVA dispatches this event when user makes changes in a work form ("Create" or "Edit" page).
+    "TRIGGER_MODAL": "TRIGGER_MODAL",
+    "PROCEED_NAVIGATION": "PROCEED_NAVIGATION",
+    "BLOCK_NAVIGATION": "BLOCK_NAVIGATION",
+    "UNBLOCK_NAVIGATION": "UNBLOCK_NAVIGATION",
+    "NAVIGATE_TO_ORIGIN": "NAVIGATE_TO_ORIGIN",
+    "DROP_NAVIGATE_TO_ORIGIN": "DROP_NAVIGATE_TO_ORIGIN"
   }
 }
 ```
 
-#### b) For an opened API (e.g. locally started. Can be used for development purposes):
-
-1. Rename `.env` file to `.env.local`.
-
-2. In that file change `EDITOR_API_BASE_PATH` variable's value.
-
 ## Scripts
 
 The following scripts are available:
@@ -85,13 +96,19 @@ The following scripts are available:
 1. Build the code as an embedded application using `npm run build:lib` command. The built code will be placed in `./dist` folder.
 2. Add the script on a page:
 
-```html
-<script src="[PATH_TO_SCRIPT]/linked-data.es.js"></script>
-```
+    1. As a package in the files where you plan to use the application if it was added to your project via package management tools:
+        ```js
+        import '@folio/linked-data';
+        ```
+    2. Or as a script: 
+        ```html
+        <script src="[PATH_TO_SCRIPT]/linked-data.es.js"></script>
+        ```
+
 
 3. Add a web component in the required HTML container on the page.
 
-   Use a config with a required API config for passing it in the MARVA application through the web component (see JSON config example in [Installation](#installation) section):
+   Use a config with a required API config for passing it in the Linked data application through the web component (see JSON config example in [Installation](#installation) section):
 
 ```html
 <div id="linked-data-container">