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TopE-business refers to the administration of businesses conducted over the internet, extranets, webs, and intranets (Kusmantini et al., 2021). Consumer and technical support and help can be provided through the internet while purchasing or selling items and services online (Kabrilyants et al., 2021; Melović et al., 2021). Yet e-business, closely tied to e-commerce, includes more than just online transactions for purchasing and selling goods and services (Nwaeze, 2021; Amelia & Syukmayettil, 2021). Digital information and contemporary communication technologies can speed up many organizational operations (Xie et al., 2021; Wynn & Olayinka, 2021). Due to blockchain technology, new business models can be created, and whole industries reshaped (Sumaryanti et al., 2021). Blockchain will increase business units’ trust, accountability, protection, and privacy by providing a distributed and decentralized directory (Pollák & Markovič, 2021). A blockchain is akin to a register or a widely distributed ledger, in that it can store a large range of attributes (Yacob et al., 2021). Most of the time, these particulars are linked to financial transactions and personal identifiers (Zhong et al., 2021). By discovering and optimizing business process results, blockchain improves operations (Măiţă et al., 2021; Priambodo et al., 2021). Profit is the goal of a company’s innovation process. New sales possibilities, increased revenue on current platforms, time savings, and improvements in efficiency and performance are all examples of how the advantages of blockchain could be realized (Shaikh et al., 2021). Most service providers use a third-party blockchain and its underlying consensus process. Providers make money via transaction fees for sending data over their networks. Additionally, they disperse tokens that they have created.
The smart contract can be utilized for event-driven processes in blockchain technology (Rahman et al., 2021; Bakeer & Albaour, 2021). When an event specified in the contract occurs, the accompanying circumstances will cause the contract to carry out predetermined actions once the agreed-upon transaction terms have been deployed on the blockchain platform (e.g., transfer of assets or realization of a transaction) (Goraya et al., 2021). Digital forms of cryptocurrencies have embraced the smart contract, and blockchain technology is employed as a means for capital exchange in a distributed network. This is a departure from the norms of financial transactions. Transactions utilizing cryptocurrency are recorded and maintained in a public digital ledger, and the parties involved execute the transactions directly without the need for a third party.
One of the most typical locations to do e-business is through online stores or the marketplace (Suprapto, 2021). The finest e-commerce solution would rely on the organization and the target market. Under the umbrella of e-business, digital information and communication technologies can assist and enhance corporate operations (Habi̇boğlu et al., 2021). Data exchange through the internet for commercial transactions is called e-business. A subset of e-business is e-commerce, which deals with the online exchange of goods and services. Businesses, organizations, and consumers all participate in commerce to some degree. Businesses and consumers alike can benefit from e-commerce by using information and communication technology to engage with each other. When an organization’s internal or external networks perform various value chain functions, the organization’s demands are considered.