{"title":"Research on Payment Settlement Mode in Cross-border Business Trade Based on Blockchain Technology","authors":"Xiaoyan Wang","doi":"10.21203/rs.3.rs-735280/v1","DOIUrl":null,"url":null,"abstract":"\n Cross-border commerce trade is an important part of economic development, and its payment and settlement mode has received widespread attention. This paper mainly introduced blockchain, analyzed its characteristics and composition and the possibility of its application in cross-border business trade, and took the Ripple payment settlement mode as an example for a case study. The analysis found that the model had smaller time and capital costs, greater transparency and security of transactions, and simple and convenient processes than the traditional payment and settlement mode, which can be further promoted and applied in practice.","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":null,"pages":null},"PeriodicalIF":16.4000,"publicationDate":"2021-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.21203/rs.3.rs-735280/v1","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 0
Abstract
Cross-border commerce trade is an important part of economic development, and its payment and settlement mode has received widespread attention. This paper mainly introduced blockchain, analyzed its characteristics and composition and the possibility of its application in cross-border business trade, and took the Ripple payment settlement mode as an example for a case study. The analysis found that the model had smaller time and capital costs, greater transparency and security of transactions, and simple and convenient processes than the traditional payment and settlement mode, which can be further promoted and applied in practice.
期刊介绍:
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.