Web 3.0 blockchain based e-commerce Website
Prof.Anwar Siddique,Abhishek Vairagade, Tarul Barve, Tejas Sontakke,Vaibhav Wankar,
Palash Gajbhiye , Akhlaque Ahmed
Department of Computer Science & Engineering, Anjuman College of Engineering & Technology Nagpur ,Maharashtra ,India
Abstract- The rise of Web 3.0 and blockchain technology has opened up new possibilities for e-commerce platforms to revolutionize the online shopping industry. This research paper explores the potential of using blockchain technology in e-commerce to create secure, transparent, and efficient online transaction platforms. The paper includes a detailed review of existing literature on the benefits and challenges of blockchain adoption in e-commerce, such as improved security, transparency, lower transaction costs, and enhanced customer experience.
The paper also discusses the implications of Web 3.0 and Semantic Web for the development of intelligent and intuitive e-commerce platforms. These platforms would use artificial intelligence, machine learning, and natural language processing to streamline the online shopping process and create a personalized customer experience. Furthermore, the challenges associated with integrating blockchain technology with existing e-commerce platforms and the legal and regulatory framework for blockchain-based e-commerce platforms are also discussed.
Overall, the paper highlights the need for further research on the adoption of blockchain technology and the development of Web 3.0-based e-commerce platforms. While the potential benefits of blockchain technology in e-commerce are significant, there are also significant challenges that must be addressed before widespread adoption can occur. By providing a comprehensive review of the literature, the paper emphasizes the potential of blockchain-based e-commerce platforms to transform the online shopping industry and provides a roadmap for future research and development in this area.
Search Keywords -Web3.0,blockchain, e-commerce, decentralized applications, semantic web
