Research on the Security Risks of Digital Empowerment and the Participation of

<p>Mengfen Luo<sup>1</sup>, Xiangyan Deng<sup>2</sup></p>

doi:10.25236/IJFS.2023.051409

International Journal of Frontiers in Sociology, 2023, 5(14); doi: 10.25236/IJFS.2023.051409.

Research on the Security Risks of Digital Empowerment and the Participation of "Blockchain+" in RCEP Commerce Strategy

Author(s)

Mengfen Luo¹, Xiangyan Deng²

Corresponding Author:

Mengfen Luo

Affiliation(s)

¹School of Sociology, Shenyang Normal University, Shenyang, China

²School of Management, Shenyang Normal University, Shenyang, China

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Abstract

Digital empowerment of cross-border commerce presents various risks, including data security and privacy protection, virtual currency risks, technological vulnerabilities and smart contract security, as well as legal compliance risks. The implementation of "Blockchain+" can foster an improvement in addressing these dangers. Based on the Porter Diamond Model framework and the characteristics of "blockchain+", RCEP trading enterprises can increase their market competitiveness through transparent supply chain management, convenient cross-border payment, quality control of products and traceability, and intellectual property protection. These measures offer competitive advantages and support for RCEP trading enterprises.

Keywords

Blockchain+; RCEP commerce; Digital empowerment

Cite This Paper

Mengfen Luo, Xiangyan Deng. Research on the Security Risks of Digital Empowerment and the Participation of "Blockchain+" in RCEP Commerce Strategy. International Journal of Frontiers in Sociology (2023), Vol. 5, Issue 14: 55-58. https://doi.org/10.25236/IJFS.2023.051409.

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