HELLO HIVE

Digital trade has been a big tool in reducing the amount of cash in circulation without affecting the overall trade and finance system of so many countries trade reforms has reduced the cost of engaging in international trade facilitated by the coordination of global value . Digital trade is sometimes confused for e-commerce because some of their activities are similar in some form but in other details there are difference between them.
While e-commerce involves only sales and purchase digital trading does a lot more than that .

Barriers of digital trading are

"Electronic authentication
The process of authenticating different transactions has been a real challenge for digital trading.

"Payment platforms Transaction safety: it has really affected the transaction process in so many including affecting customer trust during transaction with the increased level of cyber crime .

"Signature transaction system is an essential process of digital trading and it has been used even more by crypto currency and this signature come in so many other ways .

How do the emerging digital tech cope with international trade

The higher the level of international trade the greater the need for improved digital tech to meet up with the demand for an efficient transaction process.

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