2020
DOI: 10.3390/su12103968
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Sustainable B2B E-Commerce and Blockchain-Based Supply Chain Finance

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 t… Show more

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Cited by 110 publications
(79 citation statements)
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References 43 publications
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“…Due to the evolution of modern supply chain networks into highly complex value networks, technologies like IoT, when used in combination with blockchain, have the potential to increase both the effectiveness and the efficiency of supply chains [161]. Findings of a study in B2B e-commerce demonstrate that the use of blockchain technology translates into an improvement in logistics and digital documentation maintenance of 74% and 75%, respectively [162].…”
Section: Performancementioning
confidence: 99%
“…Due to the evolution of modern supply chain networks into highly complex value networks, technologies like IoT, when used in combination with blockchain, have the potential to increase both the effectiveness and the efficiency of supply chains [161]. Findings of a study in B2B e-commerce demonstrate that the use of blockchain technology translates into an improvement in logistics and digital documentation maintenance of 74% and 75%, respectively [162].…”
Section: Performancementioning
confidence: 99%
“…Moreover, findings show that blockchain may yield the efficiency of logistics and digital documentation maintenance up to 74% and 75% respectively, which delivers advantages over traditional materials' management systems and improves profitability of Business to Business (B2B) market companies in the e-commerce market [120]. Such applications facilitate auditability, disintermediation and smart contracts, which also contribute to the business benefits [121,122], provided that multiple disciplines and a variety of stakeholders will cooperate for taking full advantage of related technology [123].…”
Section: Effects Of Glm On Supply Chain Performancementioning
confidence: 99%
“…Blockchain technology here remarkably helps this smart platform nearly eliminate cyber risks and construct more stable relationships between buyers and suppliers [16,95]. In particular, the utilization of smart contract-enabled blockchains in a digital twin domain significantly boosts more input and output data flow.…”
Section: Applications Of Digital Technologiesmentioning
confidence: 99%