PIL.OT / DEVELOPMENT
PIL.OTv0.60.4
The article examines the combination of blockchain and artificial intelligence in electronic letters of credit and international trade finance. It proposes a technology-integration framework focused on security, trust, interoperability and compliance with international trade norms, and discusses technical obstacles, regulatory compliance, security threats, stakeholder acceptance and cost factors.
How electronic letters of credit using blockchain and artificial intelligence can be structured to comply with international trade norms and regulatory requirements.
Uniform Law Review · 2024
DOI 10.1093/ulr/unae023