Blockchain Technology Adoption in E-Commerce Platforms

Abstract

Internet expansion changed how people obtain services and how organizations operate. The Internet and related services are crucial for most people nowadays. Ecommerce is a service and industry. E-commerce transfers a lot of sensitive data, including consumer and financial data. Such information attracts cybercriminals who want to break into the system and steal data. As e-commerce grows, so do cyberattacks, raising concerns about the security of e-commerce platform databases. Since data comprises customer, employee, and transaction information, organizations must safeguard it. The data leak will hurt the company's earnings and clients' faith in the platform. A blockchain database management system may alleviate this challenge, improve data security, and safeguard sensitive data. It solves the problem by inserting blockchain nodes into the database and inheriting distributed peer-to-peer data security.