Multi-Sessions Mechanism for Decentralized Cash on Delivery System

Abstract

To date, cash on delivery (COD) is one of the most popular payment methods in developing countries thanks to the blossom of customer-to-customer e-commerce. With the widespread of a very small business model and the Internet, online shopping has become part of people's daily activity. People browse for desirable products at the comfort of their homes and ask the online vendor that a shipper can deliver the merchandise at their doorstep. Then, COD allows customers to pay in cash when the product is delivered to their desired location. Since customers receive goods before making a payment, COD is, therefore, considered as a payment system. However, the crucial issue that previous research has not yet addressed is that their models only support single delivering session at a time. More precisely, if the current buyer is not available to receive the goods, the shipper has to wastefully wait for the complete payment and he/she cannot start shipping another merchandise. The tracking system seems to poorly handle this issue. In particular, we propose a multi-session mechanism, which consists of blockchain technology, smart contracts and hyperledger fabric platform to achieve distributed and transparent across delivering sessions in the decentralized markets. Our proposed mechanism ensure the efficiency of delivering process. The authors release our sources codes for further reproducibility and development. We conclude that the integration of multi-session mechanism and blockchain technology will cause significant efficiency across several disciplines.

Letter-of-Credit Chain: Cross-Border Exchange based on Blockchain and Smart Contracts

“…To increase the shipper's role in the blockchain-based approaches, some studies (e.g., [27] and [28]) introduced carriers in the decentralized marketplace, rather than focusing only on demanders and suppliers. These works developed the transportation processes as well as provided the mechanisms to promote and ensure the benefit of the stakeholders.…”

Designing Call to Action: Users’ Perception of Different Characteristics

“…Information solutions based on blockchain technology have been introduced in quite different sectors over the last five years. Solutions have been released in electricity marketing (Knirsch et al, 2019;Silva et al, 2019), finance (Duong-Trung et al, 2019;G. S. Group, 2016;Kabra et al, 2020;Nguyen et al, 2020;, computing (Elghaish et al, 2020), law (Truong et al, 2019), food production and processing (Kumar et al, 2020), manufacturing (Sund et al, 2020), transportation (Naerland et al, 2017), and healthcare (Niu et al, 2020;Tanwar et al, 2020).…”

A Framework for Traceable and Transparent Supply Chain Management for Agri-food Sector in Malaysia using Blockchain Technology

“…In a subset of nodes from the Ethereum network, the winner from the miners validates and appends the new block in their ledger and broadcast it to other nodes [24]. Ethereum provides a cryptocurrency called Ether, which can be transferred between accounts and used as reward for miner who successfully approves the transaction [25].…”