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Transformation the Business of eCommerce Through Blockchain

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Design, Operation and Evaluation of Mobile Communications (HCII 2021)

Part of the book series: Lecture Notes in Computer Science ((LNISA,volume 12796))

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Abstract

Cryptocurrency, decentralization and distributed ledger made the Blockchain technology unique and robust. Bitcoin was the first blockchain-based cryptocurrency. Moreover, It became the synonym of digital/virtual currency and this technology opened a new era. It is not only the digital currency technology but also it offers many significant possibilities, which offer secure, fast, smooth and trust in today’s eCommerce system. Many companies are implementing the technology and achieve the potential of security, speed and smooth transactions. Today’s eCommerce highly depends on faster logistics, error-free transaction and protection of the user’s data. Maintaining cybersecurity issues and giving the best user experience through UI is the first concern of today’s eCommerce platform. Blockchain solves these problems by giving extra layers of personal data security and keeping the confidential bank data safe. Using the blockchain technology, singer, video content creator or any digital artist can get benefits. This paper includes a subjective review of Blockchain in E-commerce (physical and digital goods) and the possibilities, risks, future of this technology.

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Correspondence to Weining Tang .

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Roy, U.K., Tang, W. (2021). Transformation the Business of eCommerce Through Blockchain. In: Salvendy, G., Wei, J. (eds) Design, Operation and Evaluation of Mobile Communications. HCII 2021. Lecture Notes in Computer Science(), vol 12796. Springer, Cham. https://doi.org/10.1007/978-3-030-77025-9_8

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  • DOI: https://doi.org/10.1007/978-3-030-77025-9_8

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-77024-2

  • Online ISBN: 978-3-030-77025-9

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