BLOCKCHAIN TECHNOLOGY AND BUSINESS TRANSACTION: FROM SECURITY AND PRIVACY PERSPECTIVES

Chih-Ming Chen 

Department of Finance & Economics, Fujian Business University, Fujian, China 

Di-Yu Lei*

Department of Business and Management, 

Ming Chi University of Technology, Taiwan.

*Corresponding Author: This email address is being protected from spambots. You need JavaScript enabled to view it.

Jui-Hsi Cheng

College of Business & Management, Xiamen Huaxia University, P.R. China

Kai-Ping Huang

Department of Business Administration, Social Enterprise Research Center, 

Fu Jen Catholic University, Taiwan.

Abstract

dThis study aims to analyse blockchain technology and business transaction from privacy and security perspectives. A literature review method with an Introduction and Conclusion sections have been followed for the analysis. The selected literature and their respective outcomes revealed that blockchain technology is positively associated with Cyber Security, Knowledge Sharing (KS) and Business Transaction Privacy and Security. Based on these outcomes, the positive association amid the mentioned concepts could be determined in the forms of ensuring trust among the network partners, preserving knowledge copyrights and using encryption platform based algorithms.

Keywords: blockchain, cyber security, business transaction, knowledge sharing

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