Published 2022-03-23
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Abstract
Blockchain technology has the potential to transform international governance by improving transparency, accountability, and trust. This paper examines blockchain diplomacy, the integration of decentralized technologies into international relations, and explores applications such as digital identity for stateless populations, aid distribution, climate agreements, and cross-border trade. While blockchain offers advantages like decentralization, interoperability, and automated treaty enforcement, it also raises concerns over sovereignty, legal uncertainty, technical scalability, and the digital divide. Much of its development remains concentrated in the Global North, risking greater inequality unless inclusive frameworks and capacity-building efforts are adopted. The study concludes that blockchain should complement rather than replace traditional diplomacy. With multilateral cooperation, ethical safeguards, and shared standards, it can support a more transparent, inclusive, and resilient global governance system.