Blockchain Technology and Trade Finance

Abstract

A basic question before a student interested to know the subject of international trade finance is what really the blockchain technology is and how this technology has relevance to this subject? And also the related queries of an inquisitive learner of international trade inter alia, how blockchain mechanism operates, parties thereto, can the system reshape trade finance and ensure safe and secure conduct of business, envisage future state vision and regulatory support, scalability, inherent or probable advantage with concern to disadvantages/limitations of the system.