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Block by block : A blockchain-based peer-to-peer business transaction for international trade
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- Toorajipour, Reza (författare)
- Mälardalens universitet,Innovation och produktrealisering
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- Oghazi, Pejvak, 1979- (författare)
- Södertörns högskola,Företagsekonomi,Sodertorn University, School of Social Sciences, Stockholm, Sweden;Hanken School of Economics, Helsinki, Finland
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- Sohrabpour, Vahid (författare)
- SAVEGGY AB, Ideon Innovation, Ideon Science Park, Lund, Sweden
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- Patel, Pankaj C. (författare)
- Department of Management and Operations, Bartley Hall Rm 2067, Villanova, PA, USA
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- Mostaghel, Rana, 1981- (författare)
- Mälardalens universitet,Industriell ekonomi och organisation
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(creator_code:org_t)
- Elsevier, 2022
- 2022
- Engelska.
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Ingår i: Technological forecasting & social change. - : Elsevier. - 0040-1625 .- 1873-5509. ; 180
- Relaterad länk:
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https://doi.org/10.1...
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https://sh.diva-port... (primary) (Raw object)
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https://urn.kb.se/re...
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https://doi.org/10.1...
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https://urn.kb.se/re...
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Abstract
Ämnesord
Stäng
- Heterogeneity and complicated processes, risk of information leakage, and higher costs are some of the challenges that stem from third-party involvement in business transactions. This study proposes a novel mechanism to address the shortcomings of third-party-dependent transactions in the context of international trade. Moreover, we provide business process modeling, deployed in a business transaction scenario, to furnish a deeper perspective on the working of the mechanism based on Business Process Model and Notation (BPMN) 2.0 standards and guidelines. By analyzing and identifying blockchain roles and capabilities, this study proposes a blockchain technology-based letter of credit (BTLC), which is a mechanism providing letters of credit (LCs) that incorporate the benefits of blockchain and smart contracts.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Business Administration (hsv//eng)
- NATURVETENSKAP -- Matematik -- Sannolikhetsteori och statistik (hsv//swe)
- NATURAL SCIENCES -- Mathematics -- Probability Theory and Statistics (hsv//eng)
Nyckelord
- Blockchain
- International trade
- Letter of credit
- Peer-to-peer business transaction
- Trade finance
- Systems engineering
- Block by blocks
- Block-chain
- Business transaction
- Information leakage
- Peer to peer
- Process risks
- Third parties
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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