Blockchain Based UPI Technology for Secured Peer-to-Peer Cryptocurrency Transactions DOI
Neethu Tressa,

C. Shanmuga Priya

Published: Dec. 1, 2023

Today, the world is highly depended on Unified Payments Interface (UPI) system for all kind of financial transactions. Whether Banks or people, everyone relies UPI transactions personal commercial purposes. Since it provides a simple interface with round clock availability, activities became easier and faster. But security concerns are still there, which continuous research processes carried around world. In context system, information needs to be assured both during storage transit. For providing in data transfer, best solution till now Blockchain Technology enabled Smart Banking systems. The decentralized feature use smart contracts will help immutable, more secured distributed. usage high degree cryptographic encryptions appropriate consensus algorithms can make purely tamper proof. This paper describes features that should possessed by technology have

Language: Английский

A Review of Blockchain’s Role in E-Commerce Transactions: Open Challenges, and Future Research Directions DOI Creative Commons
Latifa Albshaier, Seetah Almarri, M. M. Hafizur Rahman

et al.

Computers, Journal Year: 2024, Volume and Issue: 13(1), P. 27 - 27

Published: Jan. 17, 2024

The Internet’s expansion has changed how the services accessed and businesses operate. Blockchain is an innovative technology that emerged after rise of Internet. In addition, it maintains transactions on encrypted databases are distributed among many computer networks, much like digital ledgers for online transactions. This potential to establish a decentralized marketplace Internet retailers. Sensitive information, customer data financial statements, should be routinely transferred via e-commerce. As result, system becomes prime target cybercriminals seeking illegal access data. e-commerce increases, so does frequency hacker attacks raise concerns about safety platforms’ databases. Owing sensitivity data, employee records, organizations must ensure their protection. A breach not only affects enterprise’s performance but also erodes clients’ confidence in platform. Currently, face numerous challenges, including security system, transparency trust its effectiveness. solution these issues application blockchain industry. simplifies fraud detection investigation by recording accompanying enables transaction tracking creating detailed record all related which can assist identifying preventing future. Using cryptocurrency will sender’s address, recipient’s amount transferred, timestamp, creates immutable transparent ledger

Language: Английский

Citations

46
Applications of Blockchain Technology in Supply Chain Management DOI
Siva Raja Sindiramutty, N. Z. Jhanjhi, Chong Eng Tan

et al.

Advances in logistics, operations, and management science book series, Journal Year: 2023, Volume and Issue: unknown, P. 248 - 304

Published: Dec. 29, 2023

In this chapter, the authors delve into utilization of blockchain technology within realm supply chain management. The emergence has heralded substantial progress across diverse sectors, and domain management is undeniably one them. decentralized immutable characteristics present a promising resolution to endure hurdles encountered by stakeholders in These challenges encompass issues transparency, traceability, efficiency. abstract commences acknowledging transformative essence technology, underscoring its profound influence various sectors. It subsequently narrows focus explore specific applications chapter undertakes an in-depth examination multifaceted faced elucidates how adeptly tackles these predicaments.

Language: Английский

Citations

13
ІННОВАЦІЙНІ ТЕХНОЛОГІЇ В БУХГАЛТЕРСЬКОМУ ОБЛІКОВІ ТА АУДИТІ: ДО ПИТАННЯ ВИКОРИСТАННЯ ТЕХНОЛОГІЇ БЛОКЧЕЙН DOI Creative Commons

Олена Колісник,

Наталія Гуріна, Н. С. Дружинська

et al.

Financial and credit activity problems of theory and practice, Journal Year: 2023, Volume and Issue: 3(50), P. 24 - 41

Published: June 30, 2023

Мета дослідження ‒ надати обґрунтування застосування Blockchain technology в галузі бухгалтерського обліку та аудиту. Основні результати вказують на потенційні переваги використання технології аудиті фінансово-економічних транзакцій. Аналіз ризиків показав, що впровадження може допомогти знизити ймовірність появи бухгалтерських помилок, а також забезпечити вищий рівень інформаційної безпеки. Застосування у бухгалтерському супроводі транзакцій привести до зменшення штрафів, пов'язаних з обліковими помилками, більш швидкого виявлення й виправлення помилок без додаткових фінансових витрат. Крім того, технологія практично внеможливити втрату фінансової інформації її зловмисниками. Отримані підкреслюють значимість упровадження організаційно-технологічні схеми супроводу транзакцій, аудиту загалом. Упровадження цієї оптимізувати процеси обліку, покращити точність достовірність інформації, ефективний контроль і ризики для економічних суб'єктів. За результатами ризик-орієнтованого моделювання встановлено, дозволяє ризик бухгалтерської помилки 3,1 разу забезпечує значне покращення безпеки 99,9 порівняно традиційними методами. Це свідчить про бухгалтерській сфері як системного оптимізаційного рішення. важливість подальшого якості фінансового забезпечення надійності цій сфері.

Citations

7
Blockchain Technology Application Domains along the E-Commerce Value Chain—A Qualitative Content Analysis of News Articles DOI Open Access
Josepha Witt, Mareike Schoop

Blockchains, Journal Year: 2024, Volume and Issue: 2(3), P. 234 - 264

Published: July 12, 2024

Blockchain Technology (BCT) offers several possible applications in the field of electronic commerce (e-commerce), such as decentralised marketplaces or payments cryptocurrencies. Even though these BCT have already been explored academic literature, a comprehensive collection along whole e-commerce value chain is still missing. Furthermore, existing reviews are based on literature whilst evolution and further development highly driven by practitioners. Therefore, we aim to understand how why used qualitative content analysis news articles, i.e., apply scientific methods which reports latest developments field. As result, describe multiple application domains chain. Subsequently, discuss main underlying principles usage across all steps.

Language: Английский

Citations

1
Safety and Security of E-commerce Transactions Based on Blockchain Technology DOI Creative Commons
Aifang Zhang

Deleted Journal, Journal Year: 2024, Volume and Issue: 20(6s), P. 237 - 246

Published: April 29, 2024

The safety and security of e-commerce transactions are critical in today's digital landscape, where cyber risks abound. Blockchain technology's decentralized, transparent, immutable ledger system offers a viable solution to these concerns. This study investigates the use Distributed Ledger Technology (DLT), specifically Decentralized Identifiable (DIDLT), conjunction with innovative Consent Algorithm (BCA), improve transactions. Secure data storage retrieval can be achieved by accurate signature production, key generation, blockchain building, validation. paper how DIDLT, which combines decentralized identity management technology, BCA, cutting-edge consensus algorithm designed for environments, work together protect from theft, payment fraud, manipulation. throws insight into DIDLT BCA's potential transform market providing an in-depth analysis their implementation. Using incorporated DIDLT-BCA model significantly improves effectiveness network, resulting 98% security, shorter performance times as much 150 milliseconds, mining up 0.98 s.

Language: Английский

Citations

0
Revolutionary applications of trending block chain innovation in accounting and auditing DOI Creative Commons
Abdullahi Giza Abubakar,

Safiyanu Giza Abubakar

World Journal of Advanced Engineering Technology and Sciences, Journal Year: 2023, Volume and Issue: 10(1), P. 040 - 053

Published: Sept. 15, 2023

The primary objective of this study is to provide a rationale for adopting Blockchain technology in the realm accounting and auditing. key findings highlight potential benefits utilizing recording financial transactions auditing process organizations. incorporation transaction can result decreased penalties linked mistakes facilitate quicker identification rectification errors without extra outlay. Furthermore, has capability practically eliminate loss misuse data by malicious individuals. research underscore importance integrating into structural technological frameworks within organizations, as well broader domains adoption optimize procedures, elevate precision dependability data, enhance oversight, lower risks economic entities. This highlights advantages using comprehensive optimization solution field. stress that there need further exploration application quality accounting, ensure trustworthiness, alleviate

Language: Английский

Citations

0
Blockchain Based UPI Technology for Secured Peer-to-Peer Cryptocurrency Transactions DOI
Neethu Tressa,

C. Shanmuga Priya

Published: Dec. 1, 2023

Today, the world is highly depended on Unified Payments Interface (UPI) system for all kind of financial transactions. Whether Banks or people, everyone relies UPI transactions personal commercial purposes. Since it provides a simple interface with round clock availability, activities became easier and faster. But security concerns are still there, which continuous research processes carried around world. In context system, information needs to be assured both during storage transit. For providing in data transfer, best solution till now Blockchain Technology enabled Smart Banking systems. The decentralized feature use smart contracts will help immutable, more secured distributed. usage high degree cryptographic encryptions appropriate consensus algorithms can make purely tamper proof. This paper describes features that should possessed by technology have

Language: Английский

Citations

0