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Analysis of the blockchain for adoption in electronic commerce management in Ecuador

  • Segundo Moisés Toapanta Toapanta
  • , Daniela Monserrate Moreira Gamboa
  • , Luis Enrique Mafla Gallegos

    Research output: Contribution to journalArticlepeer-review

    Abstract

    The document describes the advancement of technology in commercial negotiations and functionality for various electronic transactions in Ecuador, with the aim of analyzing the blockchain and its adoption in managing e-commerce. The quantitative approach with a deductive and descriptive method has been used to identify the benefits in transactional activities and data security, both customers and businesses. The results indicated that it is effective use of cryptography, the algorithm EDCSA, together with the SHA algorithm to maintain greater security efforts. It was concluded that the use of these algorithms are effective for transactions of buying and selling and financial aspects, but it needs to maintain a permanent control and simulation processes to avoid flaws in procedures.

    Original languageEnglish
    Pages (from-to)762-768
    Number of pages7
    JournalAdvances in Science, Technology and Engineering Systems
    Volume5
    Issue number2
    DOIs
    StatePublished - Apr 2020

    Bibliographical note

    Publisher Copyright:
    © 2020 ASTES Publishers. All rights reserved.

    Copyright:
    Copyright 2020 Elsevier B.V., All rights reserved.

    Keywords

    • Blockchain
    • Cryptographic techniques
    • E-commerce
    • Security information
    • Transactions

    CACES Knowledge Areas

    • 8116A Information Systems

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