Blockchain Technology Applications in Retail and Insurance Sectors: Cases from Suning and PingAn

Cai, Yuejun; Qi, Cong

doi:10.1109/aibt53261.2021.00020

Cited by 2 publications

(2 citation statements)

References 6 publications

(8 reference statements)

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“…x Application in cross-border product traceability In August 2018, Suning pre-empted the deployment of an international online blockchain commodity traceability and anti-counterfeiting system, which allows all users to easily access reliable information on the production, processing, transportation, circulation and retailing of products through its distributed ledger technology. [15] The entire delivery details are archived and tracked, [16] effectively preventing the replacement or loss of goods at a certain stage and ensuring product quality.…”

Section: Innovative Application Scenarios For Suning Blockchainmentioning

confidence: 99%

Research on the Innovative Application of Cross-Border E-Commerce Platform Based on Suning Blockchain

Shi

2023

Frontiers in Artificial Intelligence and Applications

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With the advancement of information technology and the development of the Internet, cross-border e-commerce has developed rapidly and has had a certain impact on our way of life. The rapid development of cross-border e-commerce has also brought about problems such as reduced trade efficiency, counterfeit and shoddy sales, and imperfect market supervision mechanisms. The rise of blockchain just proposes a new solution. This article takes the Suning blockchain as a research object to introduce the feasibility of the innovative application of blockchain for cross-border e-commerce platforms and provide a reference for solving the industry’s dilemma.

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Section: Innovative Application Scenarios For Suning Blockchainmentioning

confidence: 99%

Research on the Innovative Application of Cross-Border E-Commerce Platform Based on Suning Blockchain

Shi

2023

Frontiers in Artificial Intelligence and Applications

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“…This paper is an extension of work [1] initially presented at the conference of Artificial Intelligence and Blockchain Technology (2021). Starting from a boom in the crypto-asset speculative movement in 2017, blockchain technology has kept an ascending trend in recent years [2].…”

Section: Introductionmentioning

confidence: 96%

Blockchain Applications in Suning and PingAn

Qian¹,

Yue²,

Cai³

2022

Adv. sci. technol. eng. syst. j.

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The emergence of blockchain technology has facilitated the digital transformation of many businesses and thereby increased the competitiveness of China in the global market. As a cutting-edge technology, Blockchain has significantly influenced the practices across all business sectors. Focusing on the retail and insurance sectors, this paper analyzes the blockchain technology applications in two companies -Suning and PingAn. Success factors in blockchain implementation were discussed by using TOE framework. Similarities and differences in the implementation and development processes are compared. Features from the two corresponding industries -retail and insurance are also summarized. The major results revealed that retail and insurance industries are two of the most important application sectors of blockchain technology, and Suning and PingAn are both pioneers in blockchain technology development and implementation in their specific sectors. However, there are still distances between Chinese blockchain providers and world leading providers of blockchain, even though China has the largest number of blockchain patents in the world. The research results provide meaningful insights and practical implications to the blockchain application fields.

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Blockchain Technology Applications in Retail and Insurance Sectors: Cases from Suning and PingAn

Cited by 2 publications

References 6 publications

Research on the Innovative Application of Cross-Border E-Commerce Platform Based on Suning Blockchain

Research on the Innovative Application of Cross-Border E-Commerce Platform Based on Suning Blockchain

Blockchain Applications in Suning and PingAn

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