Review

Blockchain-Based E-Commerce: An Evaluation

Volume: 15 Number: 2 December 30, 2022
TR EN

Blockchain-Based E-Commerce: An Evaluation

Abstract

The e-commerce sector has grown beyond predictions with the help of the most recent technological developments, changes in consumer preferences, and the COVID-19 pandemic. E-commerce activities assume a subsidiary role of brick-and-mortar shops with the benefits it offers to all parties, which have also resulted in new problems such as privacy, security, transparency, and costs, unlike traditional businesses. Blockchain technology is among the promising technologies in solving the problems of the e-commerce sector with its decentralized structure that does not require third-party intermediaries, and its features (such as privacy, immutability, security, transparency, and auditability). In this study—which examines, under five titles, the benefits that blockchain can offer to e-commerce—it is concluded that blockchain can reshape e-commerce activities by enabling integrated e-commerce systems that include all parties and offering low transaction costs, high transaction speed, traceability of transactions, strong security standards, and low risks. In this direction, blockchain-based e-commerce platforms can push existing e-commerce platforms into the background.

Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Review

Publication Date

December 30, 2022

Submission Date

August 25, 2022

Acceptance Date

December 9, 2022

Published in Issue

Year 2022 Volume: 15 Number: 2

APA
Aydoğan, E., & Aydemir, M. F. (2022). Blockchain-Based E-Commerce: An Evaluation. International Journal of Social Inquiry, 15(2), 649-666. https://doi.org/10.37093/ijsi.1166643
AMA
1.Aydoğan E, Aydemir MF. Blockchain-Based E-Commerce: An Evaluation. ijsi. 2022;15(2):649-666. doi:10.37093/ijsi.1166643
Chicago
Aydoğan, Ebru, and Muhammed Fatih Aydemir. 2022. “Blockchain-Based E-Commerce: An Evaluation”. International Journal of Social Inquiry 15 (2): 649-66. https://doi.org/10.37093/ijsi.1166643.
EndNote
Aydoğan E, Aydemir MF (December 1, 2022) Blockchain-Based E-Commerce: An Evaluation. International Journal of Social Inquiry 15 2 649–666.
IEEE
[1]E. Aydoğan and M. F. Aydemir, “Blockchain-Based E-Commerce: An Evaluation”, ijsi, vol. 15, no. 2, pp. 649–666, Dec. 2022, doi: 10.37093/ijsi.1166643.
ISNAD
Aydoğan, Ebru - Aydemir, Muhammed Fatih. “Blockchain-Based E-Commerce: An Evaluation”. International Journal of Social Inquiry 15/2 (December 1, 2022): 649-666. https://doi.org/10.37093/ijsi.1166643.
JAMA
1.Aydoğan E, Aydemir MF. Blockchain-Based E-Commerce: An Evaluation. ijsi. 2022;15:649–666.
MLA
Aydoğan, Ebru, and Muhammed Fatih Aydemir. “Blockchain-Based E-Commerce: An Evaluation”. International Journal of Social Inquiry, vol. 15, no. 2, Dec. 2022, pp. 649-66, doi:10.37093/ijsi.1166643.
Vancouver
1.Ebru Aydoğan, Muhammed Fatih Aydemir. Blockchain-Based E-Commerce: An Evaluation. ijsi. 2022 Dec. 1;15(2):649-66. doi:10.37093/ijsi.1166643

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