scholarly journals Ripple vs. SWIFT: Transforming Cross Border Remittance Using Blockchain Technology

2019 ◽  
Vol 147 ◽  
pp. 428-434 ◽  
Author(s):  
Tianyi Qiu ◽  
Ruidong Zhang ◽  
Yuan Gao
2021 ◽  
Vol 235 ◽  
pp. 03020
Author(s):  
Qian Liao ◽  
Mimi Shao

Features like the distributed ledger, consensus mechanism, asymmetric encryption technology, smart contract and Token of blockchain can lower transaction cost, enhance trust between customers and merchants, as well as eliminate false payment and consumer information leakage, problems which are common in current payment of cross-border E-Commerce platform. Based on the analysis of existing scholars, this paper studied two payment models: digital cash payment based on blockchain technology and the application of blockchain in third-party payment platform. Then the paper discussed the mechanism of blockchain in cross-border e-commerce payment platform, and creatively proposed a blockchain cross-border e-commerce payment platform, serving as reference and guidance for further development of blockchain technology in cross-border payment.1


2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Tiange Gao

Cross-border e-commerce is also facing the problems of cross-border goods selling counterfeit, long delivery time of cross-border logistics, and high cross-border payment fee in the process of development. Blockchain technology, with its characteristics of high trustworthiness, traceability, and information immutability, can be applied to the field of cross-border e-commerce, providing a new direction for cross-border e-commerce to solve these problems. At the present stage, scholars at home and abroad mainly study how blockchain technology is applied in cross-border e-commerce, explore the specific mode of combining blockchain technology with cross-border e-commerce, and lay the theoretical foundation for the application of blockchain technology in cross-border e-commerce, while less research is conducted on the application effect of blockchain technology in cross-border e-commerce. Based on this, this paper researches the influence mechanism of the application of blockchain technology in cross-border e-commerce on consumers’ willingness to purchase, explains the current situation of the application of blockchain technology in various fields of cross-border e-commerce, and on this basis, divides the quality of the blockchain system of cross-border e-commerce into three dimensions of commodity information quality, logistics service quality, and payment security.


2019 ◽  
Vol 3 (1) ◽  
pp. 11
Author(s):  
Liang Liu ◽  
Xiaoyu Jiang ◽  
Jian Wu

Based on the blockchain technology to construct the relevant research on the China-Europe cross-border e-commerce ecosystem, we must first define the main significance and combine the core technology application of blockchain to explore the blockchain China-Europe cross-border e-commerce ecosystem, thereby drawing effective measures such as establishing a cross-border e-commerce integrated service system, improving e-commerce credit risk management and establishing a blockchain supply chain intelligence system, which comprehensively elaborates on the importance of blockchain technology to build a China-Europe cross-border e-commerce ecosystem.


2021 ◽  
Vol 275 ◽  
pp. 03078
Author(s):  
KunYang Liu ◽  
Yong Zhang

Blockchain technology is considered to be the representative technology of the fourth technological revolution, and logistics and supply chain field has been considered as the main application direction in the next step by industry and academia. In order to study the behavior and intention of Chinese cross-border logistics enterprises to introduce blockchain into internal supply chain, this paper constructs a model of cross-border logistics enterprises adopting blockchain technology on the basis of bounded rationality based on the game model, this paper attempts to find out the factors that affect the introduction of blockchain into the internal supply chain through mathematical derivation and numerical analysis. The game results show that the willingness of cross-border logistics enterprises to adopt blockchain is closely related to the technical ability of blockchain, the incremental performance after the introduction of blockchain, the conversion cost of blockchain technology, and other factors. Enterprises should coordinate various factors and choose to adopt blockchain technology according to their own situation.


PLoS ONE ◽  
2021 ◽  
Vol 16 (6) ◽  
pp. e0252489
Author(s):  
Zhengtang Fu ◽  
Peiwu Dong ◽  
Siyao Li ◽  
Yanbing Ju

Cross-border transactions have been more and more popular around the world. However, the current cross-border transactions still have risks and challenges, e.g., differences in regulation policies and unbalanced profits of banks. To address this critical issue, we construct a new framework for the transaction system with the support of blockchain technology. In this paper, we propose a new consortium blockchain system, namely asymmetric consortium blockchain (ACB), to ensure the implementation of cross-border transactions. Different from traditional consortium blockchain, the new blockchain system could support the supernode to regulate all the transactions timely. Furthermore, the new smart contract is designed to lower the opportunity loss for each node and make the profits allocation system fairer. In the end, the numerical experiments were carried out based on the transactions of Shenzhen and Hong Kong. The results show that the proposed ACB system is efficient to make the profit allocation fairer for the participants and keep intelligent for the new cross-border transaction system.


Author(s):  
Md. Nuruzzaman ◽  
Alicia Neva Weber

Cross-border e-commerce has emerged with significant attention in the field of international trade. Exports and imports are more integrated with the revolutionary e-commerce platforms where people can buy things from other countries at their fingertips. However, the supply chain behind the business transactions beyond the country's boundaries is more complicated than traditional businesses. The successful supply chain performance of e-commerce depends on many local and international aspects. Issues and challenges of the supply chain rapidly change due to the fast development of internet infrastructure. The chapter identifies some key issues like supply chain facility, inventory management, legal obstacles with today's supply chain performance of international e-commerce. Comprehensive solutions and recommendations are given here with focusing the integration of blockchain technology, which tells how the businesses can initiate the combination of both e-commerce and cryptography for effective intercountry supply chain performance.


2020 ◽  
Vol 9 (4) ◽  
pp. 161
Author(s):  
Wenyun Tang

<p>With the promotion of 5G technology, my China’s cross-border e-commerce has developed rapidly, and while achieving outstanding results, some shortcomings have also emerged one by one. As cross-border e-commerce involves more regions, links, and legal scopes, there are problems of security and “trust” gaps in actual operations. In response to this problem, connected with current reality and provide new ideas for the practical dilemma of blockchain technology application, this paper studies the ice-breaking mechanism of the current dilemma faced by cross-border e-commerce by using blockchain technology.</p>


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