International trade plays an important role in development, new approaches and technologies will make it more efficient and solve some of its problems.

It has long been no secret that blockchain technology will play an important role in everyone's lives in the future. Since it has become popular with the introduction of Bitcoin, more and more fields of application are opening up, not only for the private sector, but also for the public sector. In the course of digitalization, developing countries in particular can benefit from the new technology, as Paolo Davide Farah and Marek Prityi show us in their paper "Public Administration in the Age of Globalization and Emerging Technologies: From Theories to Practice": New technologies, such as blockchain, can improve or even replace defective structures. They address an important point: Trust. The interaction between administration, politics and citizens depends to a large extent on trust, which is often lacking. Blockchain technology offers an interesting new approach to solve this issue. It creates, through the complete and tamper-proof documentation of the processes, in both the public and private sector, the urgently needed transparency. For example, there are already solutions for proof of identity and patent applications. Of particular interest, however, are solutions that make it possible to track payment chains, which would make the use of public funds illegally impossible. In addition, there is the possibility of transparent elections. In times of change, when many young people are fighting for more human and socio-economic rights, it is often non-transparent election systems that stand in the way of reform. With the help of the blockchain, this problem could also be counteracted. As Farah and Prityi clearly show in their paper, the possibilities of using blockchain are not limited to the public sector. Developing countries can also benefit immensely from blockchain technology in the private sector. For developing countries, international trade usually plays an important role in their development. It is therefore helpful to use new approaches to solutions here as well. For example, with Smart Contracts, digital contracts that can be concluded quickly, are forgery-proof, and independent of location; moreover, their compliance can be monitored electronically. It would not be necessary to intervene with a neutral and central institution, which can additionally ensure trust in case of regionally deficient structures. In addition, the use of blockchain technology ensures that transaction costs are significantly lower, which makes access much easier for people, especially in developing countries. Access is also made easier by the fact that the processes themselves no longer need to be complicated. Thanks to digital solutions, previously complicated and protracted processes, which inexperienced people often failed to master, can now be simplified. Although the field of application is much less considered than others, Farah and Prityi's approach is well thought out and offers a promising outlook for the future use of blockchain technology in this area.