The advantages and challenges with the usages of blockchain technology in management information systems, particularly in us e- commerce enterprises
1 Master of Science in Information Technology, Washington University of Science and Technology, USA.
2 MBA in MIS, International American University, USA.
Review
World Journal of Advanced Engineering Technology and Sciences, 2024, 13(02), 130–141.
Article DOI: 10.30574/wjaets.2024.13.2.0541
Publication history:
Received on 24 September 2024; revised on 03 November 2024; accepted on 06 November 2024
Abstract:
In the last twenty years, information technology has relatively advanced different aspects of people’s cal, societal interactions and companies affecting the quality of life. The modern e- commerce organizations require MIS that is used in the acquisition, processing, and reporting of relevant data for decision making purposes. This paper focuses on how Blockchain has been incorporated into MIS within e-commerce firms located in the United States, and provides a literature review of the advantages and problems involved. By synthesizing academic research from management and business process journals, the study presents important areas where MIS can be improved by blockchain technology and solutions while also presenting important disadvantages such as scalability problems and regulatory challenges and high implementation costs. The results of this study are summarized in the following sections, ending with a discussion of the possible opportunities that blockchain-MIS can leverage for innovation and trust in today’s American e-businesses. To this end, this paper seeks to give an objective analysis of the effects of blockchain technology on MIS in e-commerce in order to help executive managers make better decisions on its adoption.
Keywords:
Blockchain Technology; Management Information Systems (MIS); E-commerce; Data Security; Fraud Prevention; Operational Efficiency; Transparency in Business; Blockchain Adoption; Scalability Challenges
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0