Blockchain Technology Adoption in E-Commerce Platforms
Keywords:
blockchain, e-commerce, and data security.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.
References
Alam Khan, F., Asif, M., Ahmad, A., Alharbi, M. and Aljuaid, H., 2020.
Blockchain technology, improvement suggestions, security challenges
on smart grid and its application in healthcare for sustainable
development. Sustainable Cities and Society, 55, p.102018.
Alex, T. and Don, T., 2020. How Blockchain Is Changing Finance. [online]
Capital.report. Available at:
<https://capital.report/Resources/Whitepapers/8e8d2fd2-9bef-40d5-
9ff6- a2fed8ab1f09_finance_topic2_source2.pdf>
Apau, R., Koranteng, F. and Gyamfi, S., 2019. Cyber-Crime and its Effects
Blockchain Technology Adoption in E-commerce Platforms 129
on E-Commerce Technologies. Journal of Information, 5(1), pp.39-59
Chen, J., Lv, Z. and Song, H., 2019. Design of personnel big data
management system based on blockchain. Future Generation
Computer Systems, 101, pp.1122-1129.
Chong, J., 2020. Alternatives To Blockchain. [online] Medium.
Available at:
<https://medium.com/@jimmysong/alternatives-to-blockchain-
9f858c0a1f2d> [Accessed 14 April 2020].
Detrixhe, J., 2020. Share Of Login Attempts That Are Credential Stuffing
Attacks. [online] Atlas. Available at:
<https://theatlas.com/charts/H1M7IK2Q7> [Accessed 28 April 2020].
Drolet, M., 2020. 4 Reasons Blockchain Could Improve Data Security.
[online] CSO Online. Available at:
<https://www.csoonline.com/article/3279006/4-reasons-blockchain-
could- improve-data-security.html> [Accessed 11 April 2020].
Green, D., Hanbury, M. and Cain, A., 2020. If You Bought Anything From
These 19 Companies Recently, Your Data May Have Been Stolen.
[online] Business Insider Malaysia. Available at:
<https://www.businessinsider.my/data-breaches-retailers-consumer-
companies-2019- 1?r=US&IR=T> [Accessed 12 April 2020].
Ha, M., Kwon, S., Lee, Y., Shim, Y. and Kim, J., 2019. Where WTS meets
WTB: A Blockchain- based Marketplace for Digital Me to trade users’
private data. Pervasive and Mobile Computing, 59, p.101078.
hackernoon. 2020. Databases And Blockchains, The Difference Is In Their
Purpose And Design. [online] Available at:
<https://hackernoon.com/databases-and-blockchains-the-difference-
is-in- their-purpose-and-design-56ba6335778b>
Koteska, Bojana & Karafiloski, Elena & Mishev, Anastas. (2017).
Blockchain Implementation Quality Challenges: A Literature Review.
Lansiti, M. and R. Lakhani, K., 2020. The Truth About Blockchain. [online]
Harvard Business Review. Available at: <https://hbr.org/2017/01/the-
truth-about-blockchain>
Medium. 2020. How Blockchain Technology Works. [online]
Independent Business Review Vol. 15, No. 1, June, 2025 130
Available at: <https://medium.com/@ipspecialist/how-blockchain-
technology-works-e6109c033034>
Metelin, S., 2020. The Role Of Blockchain In Data Security. [online]
Infosecurity Magazine. Available at: <https://www.infosecurity-
magazine.com/opinions/role-blockchain-data- security/>
Muzammal, M., Qu, Q. and Nasrulin, B., 2019. Renovating blockchain with
distributed databases: An open source system. Future Generation
Computer Systems, 90, pp.105-117.
Nathan, S., Govindarajan, C., Saraf, A., Sethi, M. and Jayachandran, P.,
2019. Blockchain meets database. Proceedings of the VLDB
Endowment, 12(11), pp.1539-1552.
O'Neal, S., 2020. Blockchain Interoperability, Explained. [online]
Cointelegraph. Available at:
<https://cointelegraph.com/explained/blockchain-interoperability-
explained>
Paik, Hye-young & Xu, Xiwei & Bandara, Dilum & Lee, Sung & Lo, Sin
Kuang. (2019). Analysis of Data Management in Blockchain-based
Systems: From Architecture to Governance.
IEEE Access. PP. 1-1. 10.1109/
Palavesh, S., 2020. Here's How You Can Secure Your Data With Blockchain.
[online] Entrepreneur. Available at:
<https://www.entrepreneur.com/article/318477>
Panoho, K., 2020. Council Post: The Age Of Analytics And The Importance
Of Data Quality. [online] Forbes. Available at:
<https://www.forbes.com/sites/forbesagencycouncil/2019/10/01/the-
age-of-analytics-and-the-importance-of-data-quality/#527fa32a5c3c>
R.Mathew, A., 2019. Cyber Security through Blockchain Technology.
International Journal of Engineering and Advanced Technology, 9(1),
pp.3821-3824.
Ramachandiran, Rajesh. (2018). Using Blockchain Technology To Improve
Trust In eCommerce Reviews. 10.13140/RG.2.2.29324.00646.
Roussev, V., 2009. Hashing and Data Fingerprinting in Digital Forensics.
IEEE Security & Privacy Magazine, 7(2), pp.49-55.
Blockchain Technology Adoption in E-commerce Platforms 131
Saleh Hadidi, Maen Al-Rashdan, Mamoun Hadidi, 2020. Impact Web On
Decision Support Systems On The Organizations. Journal of Critical
Reviews, 7(3):2020.
Saakian, H., 2020. How Blockchain Has Helped The Business Of E-
Commerce - Asia Blockchain Review - Gateway To Blockchain In Asia.
[online] Asia Blockchain Review - Gateway to Blockchain in Asia.
Available at: <https://www.asiablockchainreview.com/how-
blockchain- has-helped-the-business-of-e-commerce/>
Sharma, T., 2020. Top 10 Blockchain Solutions For E-Commerce. [online]
Blockchain- council.org. Available at: <https://www.blockchain-
council.org/blockchain/top-10-blockchain- solutions-for-e-
commerce/>
Suciu, P., 2020. The Biggest Cybercrime Threats Of 2019. [online]
Ecommercetimes.com. Available at:
https://www.ecommercetimes.com/story/85782.html
SZ Chuen, Al-Rashdan M, Al-Maatouk Q: Cloud Data Processing Network
Via Online Game Users. Journal of Critical Reviews 2019, 7(3):2020.
https://doi.org/10.31838/jcr.07.03.17
Trivedi, D., Zavarsky, P. and Butakov, S., 2016. Enhancing Relational
Database Security by MetadataSegregation. Procedia Computer
Science, 94, pp.453-458.Underwood, S., 2018. Blockchain Beyond
Bitcoin. Blockchain Beyond Bitcoin, 59(11).
Wen M., Yu S., Li J., Li H., Lu K. (2016) Big Data Storage Security. In:
Yu S., Guo S. (eds) Big Data Concepts, Theories, and Applications.
Springer, Cham Wertz, J., 2019. While Data Breaches Accelerate, It's
Critical That E-Commerce Businesses Stay Safe. [online] Forbes.
Available at:
<https://www.forbes.com/sites/jiawertz/2019/09/19/while-data-
breaches- accelerate-its-critical-that-e-commerce-businesses-stay-
safe/#12fe312d4f5c>
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
IBR contents are under the terms of the Creative Commons Attribution License. This permits anyone to copy, distribute, transmit and adapt the work non-commercially provided the original work and source is appropriately cited.
