Proceedings of the 55th International Academic Conference, Vienna

BLOCKCHAIN TECHNOLOGY USED BY ENTREPRENEURS IN ONLINE TRADE

LUCIAN GHEORGHE NASTASE

Abstract:

Blockchain technology is used by entrepreneurs as an inovative tool in online trade so that they can handle the problem of traceability of the product in the management of the supply chain. This research want to be a cross-border between blockchain, ecommerce all made in the entrepreneurial environement. In the end it will be a set of methods and algorithms that are developed for the information encryption and for anticounterfeiting. There will be presented algorithms and methods to show a complete and working solution, which are evaluated by applying to several typical problems and attack cases. The effectiveness, extendibility, security, implementation and governance issues of applying these algorithms,methods, solutions are also discussed. This research contributes to the theoretical and practical literatures on blockchain technology, cross-border e-commerce and supply chain management research fields.

Keywords: Entrepreneurs, Online trade, E-commerce, Blockchain technology

DOI: 10.20472/IAC.2020.055.010

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