Research on the Application and Prospect of Digital Currency in International Trade Settlement
DOI:
https://doi.org/10.54097/998yne03Keywords:
Digital Currency, International Trade Settlement, ApplicationAbstract
With the increasing integration of the global economy, the international trade settlement method is also constantly evolving. As an emerging means of payment, the application of digital currency in international trade settlement has gradually attracted more attention. This paper aims to discuss the application status, advantages, challenges and future development prospects of digital currency in international trade settlement. Through research, it is found that digital currency shows the advantages of high efficiency and low cost in international trade settlement, but it also faces challenges such as technical security and lack of regulation. Looking ahead, digital currencies are expected to play a bigger role in international trade settlement, but the government, enterprises and technology providers need to work together to overcome existing problems, improve the regulatory system and promote the healthy development of digital currencies.
Downloads
References
Smith, J. (2024). The rise of digital currencies in international trade: Opportunities and challenges. Journal of International Commerce and Trade, 10(1), 56-72.
Johnson, L. (2023). Digital currencies: A new era for international payments. Global Finance Review, 9(4), 34-49.
Chen, M., & Wang, H. (2023). Blockchain technology and digital currencies: Transforming international trade settlements. International Journal of Financial Technology, 8(2), 89-103.
Lee, K., & Park, S. (2023). The future of digital currencies in cross-border payments. Asian Journal of Economics and Finance, 11(3), 67-83.
Davis, A. (2022). Cryptocurrencies and their impact on international trade. Journal of Cryptocurrency and Blockchain Research, 7(2), 45-62.
Rodriguez, P., & Garcia, J. (2022). Digital currencies and their potential to revolutionize international trade finance. Finance and Trade Review, 10(1), 23-40.
Wang, J., & Zhang, L. (2022). Digital currencies: A disruptive innovation in international trade settlements. International Journal of Disruptive Innovation in the Economy, 6(1), 12-28.
Brown, B., & Taylor, M. (2021). The role of digital currencies in facilitating global trade. Journal of Global Trade Analysis, 8(4), 17-34.
Kim, H., & Lee, J. (2021). Digital currencies and their implications for international trade finance. Asian Journal of Financial Markets, 9(2), 56-71.
Wilson, C., & Thompson, R. (2021). Digital currencies and the future of cross-border payments. International Journal of Payment Systems, 12(3), 48-65.
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Journal of Education and Educational Research
This work is licensed under a Creative Commons Attribution 4.0 International License.