Electronic money and block chain in E-commerce: A new frontier for transactions

The rise of electronic money and block chain technology has introduced transformative shifts in the way businesses and consumers engage in e-commerce transactions. With block chain offering decentralized, transparent, and secure solutions, and electronic money like Bitcoin and Ethereal providing an alternative to traditional currency, e-commerce stands at the brink of a digital revolution. This paper explores the integration of electronic money and block chain in e-commerce, analysing their potential to disrupt traditional payment systems, improve transaction security, and create new business models. It also highlights the challenges that businesses and consumers face in adopting these technologies. Through a review of current trends and an exploration of real-world case studies, this research aims to provide insights into the future of e-commerce in the digital age.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-10-06
DOI
https://doi.org/10.5281/zenodo.14287615
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
0.00
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article

Electronic money and block chain in E-commerce: A new frontier for transactions

Zenodo (CERN European Organization for Nuclear Research)
E-commerce and Technology Innovations
article

Electronic money and block chain in E-commerce: A new frontier for transactions

article en

Abstract

The rise of electronic money and block chain technology has introduced transformative shifts in the way businesses and consumers engage in e-commerce transactions. With block chain offering decentralized, transparent, and secure solutions, and electronic money like Bitcoin and Ethereal providing an alternative to traditional currency, e-commerce stands at the brink of a digital revolution. This paper explores the integration of electronic money and block chain in e-commerce, analysing their potential to disrupt traditional payment systems, improve transaction security, and create new business models. It also highlights the challenges that businesses and consumers face in adopting these technologies. Through a review of current trends and an exploration of real-world case studies, this research aims to provide insights into the future of e-commerce in the digital age.

Zenodo (CERN European Organization for Nuclear Research)
Wockhardt (India) (IN), Maharashtra Hybrid Seeds (India) (IN)
Openalex Percentile: Top 38%
E-commerce and Technology Innovations
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