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Everything You Need to Know About Bitcoin and Blockchain in Ecommerce

Ecommerce Platforms

But now it’s shifting towards bitcoins and digital currencies. Digital currencies are the future of ecommerce. Local currencies couldn’t be converted to bitcoin easily and, as a result, no retailer would even think of accepting bitcoins as payment. Blockchain is the name of the technology powering bitcoin.

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Digital Wallets and Cryptocurrency: DTC Brands Must Prepare for the Future of Money

ESW

Certainly, the dominant payment methods, credit cards and bank cards, are 40-year-old technologies. Financial technology, or fintech, is one of the fastest-growing industries in the world right now. That’s why it’s critical for brands to stay up to date with those technologies. And those innovations are certainly happening.

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Trends Analysis: Should eCommerce Brands Get Serious About Crypto Payments?

ESW

Even if some of that technology isn’t market-ready right now, you need to be thinking about how you can integrate it in the future. A flash crash at the end of August saw around $10 billion wiped off the currency’s market value, adds The Independent’s Anthony Cuthbertson. What about payments, though? Why should they?

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The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

And some merchandise lines (like clothing and beauty products in particular) have achieved a remarkable 25% average CGR between 2000-2014. Most businesses with an ecommerce presence use an ecommerce store and/or an ecommerce platform to conduct both online marketing and sales activities and to oversee logistics and fulfillment.

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Crypto-Commerce: Banking on Blockchain for B2B Payments

GetElastic

The predictions for rapid adoption by 2020 never materialized; however, the underlying technology, Blockchain, still holds promise, especially in the B2B payments space. B2B payments have seen consistent growth for several years (40% in the US from 2014-2020). Blockchain’s foundation is distributed ledger technology ?(DLT).