eCommerce has accepted Cryptocurrencies & Blockchain Technology
Immediate Blockchain Uses –
1. Payments: Cryptocurrencies such as bitcoin use a blockchain to record the transactions involving that cryptocurrency.
2. Supply chain: Reducing the cost and complexity of the supply chain has become a key use for blockchain.
3. Channel expansion: Blockchain and cryptocurrency have brought a wave of decentralization to ecommerce, creating marketplaces that allow anyone to offer products for sale.
Companies around the world continue to work on blockchain solutions for, as examples, loyalty programs, advertising, contracts, fundraising, and commercial lending. All trends point to all merchants online and offline benefitting from blockchain adoption.