Cross-Border E-Commerce Business Model Based on Big Data and Blockchain

Abstract

In the context of the rapid development of Internet technology, the integration of the world economy has been strengthened. The continuous innovation of technology and foreign trade business forms has promoted the rapid development of cross-border e-commerce (CBE). Based on the research on the development status of CBE, this paper analyzes the reasons for the above problems in the development of CBE and discusses the innovation of CBE business models based on blockchain. Its purpose is to study the CBE business model based on big data and blockchain. This paper proposes to build a CBE framework system based on blockchain. It also uses blockchain technology (BT) to provide solutions to the problems of trust, customs supervision, cross-border payment, cross-border logistics, and cross-border data flow encountered in CBE. According to experimental statistics, China’s CBE exports were 7.29 trillion yuan, an increase of 40.1%, and imports were 3.76 trillion yuan, an increase of 16.5%.