UPAS L/C at Vietnam commercial banks in the context of digital transformation

Industrial Revolution 4.0 with core elements of artificial intelligence, internet connection and big data has been opening up many methods and providing many means in digital transformation of the economy. in general and the commercial banking system in particular; In particular, Blockchain technology has become the foundation for the development of UPAS L/C in international payments. To clarify the content of the article, the author used the method of data collection and evaluation based on secondary data, combined with analysis to clarify some characteristics and current status of UPAS L/C implementation.