Evaluation of Cross-border E-commerce Economic and Trade Data Management Device Based on Blockchain Technology

Abstract

In the era of digital economy, trade data and goods transaction data in the field of international trade have become increasingly important. In the digital era, the transfer of international trade-related data from the physical world to the digital world through the application of advanced Blockchain Technology (BT) is an important means to promote the development of international trade in the digital era. This paper aimed to analyze Cross-Border E-Commerce (CBEC) economic and trade Data Management (DM) devices based on BT. This paper discussed the application of blockchain in CBEC trade, and proposed a blockchain security algorithm. Based on this, an experimental analysis of CBEC economy and trade DM was carried out. The experimental results of this paper showed that in the logistics costs of CBEC companies, the logistics costs of CBEC companies under the trade DM device based on BT accounted for 20%-30% of the total costs. The logistics cost of CBEC companies under the trade DM device based on traditional technology accounted for 30%-40% of the total cost; in the comparison of the favorable rate of CBEC companies’ products, the favorable rate of Company A’s products under the trade DM device based on BT was 98.2%, and that of Company B was 98.6%. Under the trade DM device based on traditional technology, the favorable rate of Company C’s products was 90.8%, and that of Company D was 91.1%. To sum up, based on the BT trade DM, the company’s logistics costs would be greatly reduced and its product quality control was in place.