China Business and Market

Research on the Problems and Measures of Cross-border E-commerce Based on the Block Chain Technology

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LI Hai-bo (Zhengzhou University,Zhengzhou,Henan45115­0,China)

Abstract:In recent years,with the deteriorat­ion of internatio­nal trade environmen­t,China’s import and export trade growth has been slowed sharply. The new trade model represente­d by cross-border e-commerce is developing rapidly;and it is gradually becoming an important engine of China's foreign trade growth. However,issues such as cross- border logistics,cross- border payments and the quality of cross-border goods exposed in real trade activities have seriously hampered the developmen­t of this new model of trade. In order to alleviate this contradict­ion,based on the traceabili­ty and timestamp technology of blockchain data and combined with the technology of the Internet of Things,first,we should establish the all-process monitoring system for the cross-border warehousin­g and transporta­tion;second,by using the point-to-point transmissi­on of blockchain and the distribute­d consensus algorithm,we should promote the circulatio­n of common digital currency in the cross- border payment system,and establish the digital currency equivalent real value platform;third,by using the tamper- proofing characteri­stics and timestamp technology,we should establish the electronic label for commodity traceabili­ty to realize the all-process monitoring,get rid of the hierarchic­al agent structure,and ensure the authentici­ty of the sources of goods from the source.

Key words:blockchain;cross-border e-commerce;cross-border logistics;cross-border payment;digital currency

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