Blockchain-Based Secure Payment Systems for E-Commerce

Blockchain technology has received a lot of interest in recent years owing to its potential to disrupt many different businesses, including the financial industry. As more and more business is conducted over the internet, the need of safe payment methods for online purchases has grown. This study's focus is on how blockchain technology may be used to the creation of trustworthy digital currency payment systems. This study takes a look at the pros and cons of using electronic payment methods at the moment. The study then investigates how blockchain technology might be used to circumvent these constraints, and it gives a thorough introduction to the several blockchain-based secure payment systems now in use. Finally, the study looks forward to the future of blockchain-based secure payment systems for electronic commerce, discussing their possible influence on the sector as a whole. This study was written for academics, industry experts, and policymakers interested in learning more about blockchain's applications in the realm of digital trade.

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Publication Details

Published
2025-02-13
DOI
https://doi.org/10.1109/ic363308.2025.10956192
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
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article

Blockchain-Based Secure Payment Systems for E-Commerce

K. Priyadharsini, Prashant Gupta, K. Ragini, V. K. Somasekhar Srinivas et al.
Blockchain Technology Applications and Security
article

Blockchain-Based Secure Payment Systems for E-Commerce

K. Priyadharsini, Prashant Gupta, K. Ragini, V. K. Somasekhar Srinivas, Zaid Alsalami, S Sakthimurugan
article en

Abstract

Blockchain technology has received a lot of interest in recent years owing to its potential to disrupt many different businesses, including the financial industry. As more and more business is conducted over the internet, the need of safe payment methods for online purchases has grown. This study's focus is on how blockchain technology may be used to the creation of trustworthy digital currency payment systems. This study takes a look at the pros and cons of using electronic payment methods at the moment. The study then investigates how blockchain technology might be used to circumvent these constraints, and it gives a thorough introduction to the several blockchain-based secure payment systems now in use. Finally, the study looks forward to the future of blockchain-based secure payment systems for electronic commerce, discussing their possible influence on the sector as a whole. This study was written for academics, industry experts, and policymakers interested in learning more about blockchain's applications in the realm of digital trade.

Prin. L. N. Welingkar Institute of Management Development and Research (IN), Iraqi University (IQ), CMR University (IN), Saveetha University (IN)
Openalex Percentile: Top 90%
Blockchain Technology Applications and Security
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