Exploring the Utilization of Digital Innovations in International Trade Services

Abstract

This article explores the utilization of digital innovations in international trade services, focusing on the distinct approaches employed in both developed and developing countries. It highlights how technologies such as blockchain, artificial intelligence, and mobile platforms are revolutionizing trade practices, enhancing efficiency, and promoting inclusivity. The paper provides a detailed analysis of the challenges and opportunities in implementing these technologies. Recommendations are offered to address infrastructure gaps, skill shortages, regulatory inconsistencies, and digital security issues, aiming to facilitate a more robust integration of digital innovations in global trade frameworks.