Journal ArticleUnknown
A Blockchain, Smart Contract and Data Mining Based Approach toward the Betterment of E-Commerce
Author Affiliations
North South University, Lappeenranta-Lahti University of Technology
Published InCybernetics & Systems
Year2021
Citations11
Abstract
E-commerce platforms have made our life easier and bought plenty of advantages too. However, due to fraud and scams, trust is a concern while buying products online. In this study, we proposed a blockchain-based architecture for the e-commerce sector where data mining technology is used to detect fraudulent users by generating precise and effective rules, and smart contracts are used for enforcement and functionality management within the blockchain network. Our data mining approach yielded a competitive accuracy, precision, recall, and f1-measure of over 99% compared to the state-of-the-art. High performing rules are further tested for ten simulated cycles under completely unseen data to test their rigidity in a real-time scenario. Details analysis of delineation (if any) in rule antecedents has…
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