Research on the Application of Blockchain Technology in International Trade Risk Management

Abstract

In International Trade, due to the Heterogeneity of language, culture, legal system, etc., the trade payment and settlement process is complicated, and there are many risks. With the wide application of Internet technology in the field of international trade, especially the emergence of blockchain technology, it provides a new way to solve the above-mentioned complicated risk management. Based on the concept and characteristics of blockchain technology, this paper probes into its value and application mode in risk management and control in international trade, in order to promote international trade facilitation and scientific risk management and control.