An Evaluation of the Financial Impact on Business Performance of the Adoption of E-Business via Blockchain Technology

Zecheng Yin and Yu Yang
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Zecheng Yin: Chemical Geology and Mine Bureau, Geology Institute of China, China
Yu Yang: Shanxi Coking Coal Group Co., Ltd., China

International Journal of Data Warehousing and Mining (IJDWM), 2023, vol. 19, issue 6, 1-18

Abstract: Investors can learn a lot about the health of a firm by looking at its FP (financial performance). For investors, it offers a glimpse into the company's financial health and performance, as well as a forecast for the stock's performance in the future. Certain criteria, including liquidity, ownership, maturity, and size, have been linked to financial success. Blockchain provides several benefits in the logistics business, including increased trust in the system owing to improved transparency and traceability and cost savings by removing manual and paper-based administration. The study uses the FP-BCT technique, a new approach to measuring company performance. However, e-business helps expand data exchange, aspects, and data quantity. Improving processing capabilities impacts the macroeconomic and financial environments, reducing economic activity, ensuring timely implementation of information, and decreasing costs.

Date: 2023
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