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Block Chain Technology in Global Trade in Finance

Author

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  • Mr. Ajay Kumar Raja

    (Head of the Department of Commerce Govt. Mahaprabhu Vallabhacharya P.G. College Mahasamund C.G.)

  • Mrs. Rajeshwary Soni

    (Assistant Professor Commerce Govt. Mahaprabhu Vallabhacharya P.G. College Mahasamund C.G.)

Abstract

Blockchain technology has emerged as a foundational digital infrastructure capable of redefining global trade and financial ecosystems through its decentralized, immutable, and trust†enhancing architecture. By eliminating conventional intermediaries and reducing informational asymmetries, blockchain strengthens transactional transparency, accelerates cross-border settlements, and enhances the authenticity of trade documentation. Its applications including distributed ledgers for supply chain traceability, smart contracts for automated trade finance, and digital identities for customs and compliance are enabling unprecedented operational efficiencies across international logistics and regulatory environments.

Suggested Citation

  • Mr. Ajay Kumar Raja & Mrs. Rajeshwary Soni, 2025. " Block Chain Technology in Global Trade in Finance ," International Journal of Latest Technology in Engineering, Management & Applied Science, International Journal of Latest Technology in Engineering, Management & Applied Science (IJLTEMAS), vol. 14(12), pages 1439-1450, December.
    • Handle: RePEc:bjb:journl:v:14:y:2025:i:12:p:1439-1450
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