An Exploratory Study on the Application of Blockchain Technology to the Chinese Ship Auction Market
Chen Peng,
Bilal Alatas
Abstract:The Chinese ship trading market has undergone remarkable development, transitioning into a global exemplar of ship transactions. Nevertheless, this market continues to confront a series of challenges, encompassing low transaction rates, delayed transaction values, and market instability. Blockchain, with its secure, transparent, and tamper-resistant technological features, presents a potential solution for the ship trading market. Through its decentralized architecture, blockchain technology can reduce platfor… Show more
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