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Trends Analysis: Why Cryptocurrency May Still Be Important for eCommerce

ESW

Cryptocurrency, and Bitcoin especially, are more likely to draw raised eyebrows than excited grins these days. There’s a bigger discussion about what crypto — and the blockchain technology behind it — can do for the entire eCommerce sector. This could prove to be the real story of cryptocurrency’s rise. Alternatives.

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How NFTs Can Fight Fraud and Increase Customer Loyalty

Omnisend

Because of the way that NFTs work, they have numerous use cases for ecommerce stores, including anti-fraud, loss prevention, quality assurance, and even customer loyalty and rewards. How NFTs can impact customer reward and loyalty strategies. The move to “phygital”. So now, instead of just getting Chuck E.

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NFTs will Bridge the Gap Between the Real World and the Metaverse

Retail TouchPoints

Due to the global financial crisis, advancements in blockchain technology as well as the proliferation of digital assets available built momentum for NFTs. Regulators have also been confused distinguishing between NFTs, stablecoins, and cryptocurrencies. The “invitation only” exclusivity pairs like-minded customers who can network.

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How Blockchain Technology is Shaping Ecommerce

ecomdash

Blockchain technology is becoming the driving force for global financial transactions. With worldwide ecommerce revenue set to hit the $135 billion mark by 2023 , the adoption of blockchain technology isn’t just a passing idea anymore. But, how is blockchain technology shaping ecommerce? What is Blockchain Technology?

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Turn Innovation into Action: Top 10 Takeaways You’ll Get From #RIC21

Retail TouchPoints

Wondering whether BNPL, cryptocurrencies and NFTs will have staying power or are passing fads? On the same day, Devora Rogers of market research consultancy Alter Agents shares results from the firm’s new study, including the depths of shopper “promiscuity” as customer loyalty fades and consumers constantly examine new options.

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Is Blockchain the Key to Revolutionising the UK’s Retail Industry?

365 Retail

Blockchain technology, originally conceptualised by the elusive entity Satoshi Nakamoto in 2008, is swiftly moving beyond its initial purpose of powering the cryptocurrency, Bitcoin. However, with blockchain technology, retailers can track and authenticate the origin of products throughout the supply chain.

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Bots are Threatening Ecommerce Sites — Here’s How to Protect Against Them

Retail TouchPoints

If this is successful, the attacker can hold the website for ransom, demanding payment (usually in the form of a cryptocurrency such as Bitcoin) from the site owners. The hacker threatens to maintain the attack until the ransom is paid so that the targeted site will have degraded availability to its customers or be unavailable altogether.