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Yi-Han Wang

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Open access 2026

Blockchain Technology and the Digitalization of Trade Finance: A Theoretical Analysis of Letter of Credit Process Efficiency and Cost Reduction

: The global trade finance ecosystem has long been encumbered by paper-intensive, manually driven processes that generate substantial inefficiencies in processing time, operational costs, and systemic risk. The letter of credit (L/C), as the most widely used instrument in international trade finance, exemplifies these...

Yi-Han Wang · 0 citations

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