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Sustainable B2B E-Commerce and Blockchain-Based Supply Chain Finance

descriptionPublicationkeyboard_double_arrow_right Article , Journal , Other literature type 12 May 2020 Russian Federation Publisher:MDPI AGJournal:Sustainability, volume 12, page 3,968 (eissn: 2071-1050,

Authors: Marjaneh Jahangiri Lahkani; Shouyang Wang; Mariusz Urbański; Mariya Egorova;

doi: 10.3390/su12103968

Sustainable B2B E-Commerce and Blockchain-Based Supply Chain Finance

- Summary
- Subjects
- Metrics

Abstract

Information technology advancements integrated with the e-commerce supply chain allow participants in the business process to effectively work with large volumes of data and control transactions. To improve the profitability and competitiveness of e-commerce companies, a blockchain solution was incorporated into the global B2B (Business-to-Business) supply chain. This technology simplified the transaction process by providing all participants in the sustainable B2B buying process with the same data about the trade. Overall, the use of blockchain improved the efficiency of logistics and digital documentation which reached 74% and 75%, respectively. The main advantage of using blockchain is that it creates a decentralized database that is secure. In addition, it increases the speed of payment and the reliability and transparency of data transfer. Further research may focus on the use of blockchain in green logistics to improve environmental sustainability in the e-commerce supply chain.

Country

Russian Federation

Related Organizations

University of Chinese Academy of Sciences
China (People's Republic of)
Tomsk Polytechnic University
Russian Federation
National Research Tomsk Polytechnic University
Russian Federation
Częstochowa University of Technology
Poland
Częstochowa University of Technology
Poland

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Keywords

blockchain, трансформации, электронная коммерция, Environmental effects of industries and plants, transformation, TJ807-830, устойчивость, финансирование, B2B e-commerce, supply chain finance, sustainability, TD194-195, Renewable energy sources, Environmental sciences, GE1-350, блокчейн, 2B e-commerce

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	113
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Top 1%
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Top 1%