The Role of Blockchain Technology in Enhancing Transparency and Efficiency in Trade Finance

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Quantitative research demonstrates blockchain's role in improving transparency and reducing fraud in trade finance.

Blockchain adoption correlates with increased transparency and reduced fraud in trade finance operations.
The study found a statistically significant relationship between blockchain use and operational efficiency improvements.
Approach consisted of surveying 40 professionals in finance using a Likert-scale to assess blockchain utility.
Improvements in fraud management and efficiency suggest further investment in blockchain infrastructure is needed.

Ahmed et al. (2025) studied this question.

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