International Journal of Information Engineering and Electronic Business (IJIEEB)
IJIEEB Vol. 14, No. 6, 8 Dec. 2022
Cover page and Table of Contents: PDF (size: 327KB)
Problems of Regulation and Prospective Development of E-commerce Systems in the Post-coronavirus Era
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Author(s)
Index Terms
Electronic trading and business, business-to-business (B2B) model, commercial cycle, digital transformation, Industry 4.0 technologies, Big Data, Internet of Things, e-commerce infrastructure, e-commerce systems, post-coronavirus cycle economics.
Abstract
The article examines the application of e-commerce systems and technologies that have a positive impact on the development of the economy of the post-coronavirus period and the formation of appropriate technical and technological infrastructure for it, as well as promising features and directions of e-commerce. The physical and virtual opportunities created by e-commerce technologies for buyers and sellers are explained. The advantages of e-commerce in the international economic space have been identified. The functions of e-business models in accordance with the commercial stages of enterprises are explained. It was noted that the development of ICT has accelerated the process of transition from traditional commerce to e-commerce, led to the emergence of new global trends in e-commerce. These innovations have raised the issue of the application of modern ICT in the development of e-commerce on the platform of the 4.0 Industrial Revolution. Taking into account these factors, the presented article discusses the application of modern technologies in e-commerce systems, such as 3D modeling, the Internet of Things, artificial intelligence, big data. Features of application and regulation mechanisms of E-commerce systems in real economic sectors, which have a direct stimulating effect on economic growth in Azerbaijan, have been studied. Recommendations were given for the modernization and use of e-commerce systems with the application of the latest ICT technologies.
Cite This Paper
Alovsat Garaja Aliyev, "Problems of Regulation and Prospective Development of E-commerce Systems in the Post-coronavirus Era", International Journal of Information Engineering and Electronic Business(IJIEEB), Vol.14, No.6, pp. 14-26, 2022. DOI:10.5815/ijieeb.2022.06.02
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