Proceedings of the International Conference on Law and Technology (ICLT 2025)

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Adapting International Trade Law and Cross-Border Insolvency to Technological Advancements: The Need for Updated Policies and Regulations

Authors
Neelanjan Barat1, *, K. S Rashmi2, Mohd Anas3
1Ph.D. Scholar, Alliance School of Law, Alliance University, Bengaluru, Telangana, India
2Assistant Professor, MANUU Law School, Maulana Azad National Urdu University, Hyderabad, Telangana, India
3Student of LLB 2nd Year, MANUU Law School, Maulana Azad National Urdu University, Hyderabad, Telangana, India
*Corresponding author. Email: neelanjanbarat@gmail.com
Corresponding Author
Neelanjan Barat
Available Online 26 December 2025.
DOI
10.2991/978-2-38476-515-7_16How to use a DOI?
Keywords
Cross-border bankruptcy; Digital economy; Blockchain; Artificial intelligence
Abstract

The radical effect of rapid pace of technology development on the global platform is posing new challenges to the global laws about trade and transnational insolvency systems. The existing jurisprudential systems find it difficult to follow the technological advances in the form of blockchain, AI, and cryptocurrencies, which results in complications arising when it comes to cross-border bankruptcy. Legislation should be made more dynamic to deal with these disruptions by agreeing on global law tactics, as well as providing business protection. The updates of international trade and insolvency statutes to capture the technological changes can also be helpful to facilitate electronic commerce, enhance dispute resolution, and protect the interest of creditors and investors hence ensuring a global economic stability and resilience in the digital age.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Law and Technology (ICLT 2025)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
26 December 2025
ISBN
978-2-38476-515-7
ISSN
2352-5398
DOI
10.2991/978-2-38476-515-7_16How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Neelanjan Barat
AU  - K. S Rashmi
AU  - Mohd Anas
PY  - 2025
DA  - 2025/12/26
TI  - Adapting International Trade Law and Cross-Border Insolvency to Technological Advancements: The Need for Updated Policies and Regulations
BT  - Proceedings of the International Conference on Law and Technology (ICLT 2025)
PB  - Atlantis Press
SP  - 175
EP  - 184
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-515-7_16
DO  - 10.2991/978-2-38476-515-7_16
ID  - Barat2025
ER  -