Developing the E-Commerce Model a Consumer to Consumer Using Blockchain Network Technique

International Journal of Managing Information Technology (IJMIT) Vol.11, No.2, May 2019

10 Pages Posted: 25 Jun 2019

See all articles by Samer Mahmoud Shorman

Samer Mahmoud Shorman

Applied Science University (ASU), Bahrain

Mohammad Allaymounq

affiliation not provided to SSRN

Omer Hamid

affiliation not provided to SSRN

Date Written: May 2019

Abstract

E-commerce has increased recently because of the development of the internet and has become a new concept that is applicable to trade transaction and services providing, using information technology. This is known as e-commerce that is a means of communicating information،products or services through technical tools. This research proposed model is able to take advantage of Blockchain technology to develop e-commerce especially consumer to consumer. The proposed model adds some advantages to ecommerce operations, and the possibility of developing them to reach a high percentage of profits by using blockchain technology which led to verify the information of products offered for sale. In addition, to the possibility of distributing feedback to all Blockchain users, through which it develops the mechanism of trust and cooperation between consumers, it is considered a reference point to explore the behaviour of commercial consumers which is stored in the data file of consumers. This model facilitates business processes between consumer andconsumer, eliminates the central role of large business companies in controlling and setting restrictions, and to the development and expansion of this type of trade.

Keywords: Blockchain, Network, E-Commerce, Consumer To Consumer

Suggested Citation

Shorman, Samer Mahmoud and Allaymounq, Mohammad and Hamid, Omer, Developing the E-Commerce Model a Consumer to Consumer Using Blockchain Network Technique (May 2019). International Journal of Managing Information Technology (IJMIT) Vol.11, No.2, May 2019, Available at SSRN: https://ssrn.com/abstract=3407739 or http://dx.doi.org/10.2139/ssrn.3407739

Samer Mahmoud Shorman (Contact Author)

Applied Science University (ASU), Bahrain

Bahrain

Mohammad Allaymounq

affiliation not provided to SSRN

Omer Hamid

affiliation not provided to SSRN

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