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A Blockchain Based Secure E-Commerce Transaction System

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Web Information Systems and Applications (WISA 2019)

Part of the book series: Lecture Notes in Computer Science ((LNISA,volume 11817))

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Abstract

Traditional centralized e-commerce transaction systems have security problems such as untrustworthy third-party services, high cost of keeping funds, easy leakage of users’ privacy. This paper designs and implements a decentralized secure e-commerce transaction system based on blockchain technology called “BSETS”. The system adopts B/S and distributed architecture, and all the transactions are completed through blockchains to ensure security and convenience. The key techniques include user information encryption based on MD5 abstract algorithm to ensure anonymity; transaction process management based on smart contract to ensure security; transaction confirmation based on user’s private key signature to ensure the non-repudiation of transactions. The blockchain can only be appended and read to protect the system from tampering. The use of smart contract realizes the decentralization of transactions and solves the problem of third-party untrustworthiness. Finally, the function and performance experiments verify that BSETS has completed transaction function and has good operation efficiency on the basis of ensuring information security.

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Acknowledgements

This work is supported in part by the Liaoning Science and Technology Foundation (20180550321), and the National Natural Science Foundation of China (61672142).

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Correspondence to Ge Yu .

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Zhang, Y., Li, X., Fan, J., Nie, T., Yu, G. (2019). A Blockchain Based Secure E-Commerce Transaction System. In: Ni, W., Wang, X., Song, W., Li, Y. (eds) Web Information Systems and Applications. WISA 2019. Lecture Notes in Computer Science(), vol 11817. Springer, Cham. https://doi.org/10.1007/978-3-030-30952-7_56

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  • DOI: https://doi.org/10.1007/978-3-030-30952-7_56

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-30951-0

  • Online ISBN: 978-3-030-30952-7

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