Blockchain technology and trust relationships in trade finance

被引：77
作者：
Kowalski, Michal [1 ,2 ]
Lee, Zach W. Y. [3 ]
Chan, Tommy K. H. [4 ]
机构：
[1] Zeb Consulting, Head Off, Hammer Str 165, D-48153 Munster, Germany
[2] Warsaw Off, Ul Krolewska 18, PL-00103 Warsaw, Poland
[3] Univ Durham, Business Sch, Mill Hill Lane, Durham DH1 3LB, England
[4] Northumbria Univ, Newcastle Business Sch, City Campus East 1, Newcastle Upon Tyne NE1 8ST, Tyne & Wear, England
来源：
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE | 2021年 / 166卷
关键词：
Blockchain technology; Trust relationship; Trade finance; FinTech; Distributed ledger; INTERNATIONAL-TRADE; EXECUTION; FRAMEWORK; SYSTEMS; TIME;
D O I：
10.1016/j.techfore.2021.120641
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Blockchain technology has been advocated as a possible solution to enduring trust issues among trading partners in trade finance. We conducted in-depth interviews with industry experts to examine how blockchain technology influences the trust relationships among trading partners. Our results show that the technology enhances trust relationships by (1) improving the security of transactions and data exchanges, (2) facilitating the expression of benevolence, (3) enhancing the efficiency and the quality of communication, and (4) increasing the predictability of trading partners. The paper concludes with implications for both research and practice.
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页数：9
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