Building a China-Europe Cross-Border E-Commerce Ecosystem based on Blockchain Technology

Yanli Shi

Finance and Business College, Zhengzhou Business University, Gongyi, 451200, China

Abstract: Due to the imperfect mechanism of the current e-commerce ecosystem, the security and privacy mechanism of the ecosystem is missing and the ability of collaborative adjustment is limited. Solve the above problems by building a China-Europe cross-border e-commerce ecosystem based on blockchain technology. On the basis of building the framework of cross-border e-commerce ecosystem structure, the block chain technology is used to establish the e-commerce transaction security mechanism. Other cross-border transaction service systems are introduced to complete the construction of cross-border e-commerce ecosystem. The comparison experiment between the design and the current e-commerce ecosystem shows that the profit growth rate of the e-commerce platform in the ecosystem based on the block chain technology is about 2.2 times that of the comparison e-commerce platform, and the ecosystem based on the block chain technology has better coordination ability.

Keywords: Blockchain technology; Cross-border e-commerce between China and Europe; E-commerce ecosystem; Hash function