E3S Web Conf.
Volume 218, 20202020 International Symposium on Energy, Environmental Science and Engineering (ISEESE 2020)
|Number of page(s)||6|
|Section||Environmental Climate Change Monitoring and Urban Protection Planning|
|Published online||11 December 2020|
Prospect and Challenges of Cross-border Payment Posed by Digital Currency – From the Perspective of Blockchain Coalition
School of Economics and Trade, Xinhua College of Sun Yat-sen University, Guangzhou, China
As international transaction increases, cross-border payment is seeing more risks of frauds, trading and capital, needing solutions by innovative financial technologies. This paper, from the perspective of block chain coalition, builds the theoretical framework and model for cross-border payment, and explores the prospect and challenges of application of digital currency and cross-border payment.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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