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]]> By: 5 Ways Blockchain is Transforming eCommerce - EngineerBabu Blog https://engineerbabu.com/blog/ecommerce-trends/#comment-552 Sat, 15 Jun 2019 07:45:42 +0000 https://www.engineerbabu.com/blog/?p=13269#comment-552 […] With the recent backlash that big retailers have been facing in the wake of charges of lack of transparency – this is one of the more serious concerns faced by existing eCommerce platforms. For instance, Amazon was in the news for cutting-off and even disabling a merchant’s page without any explanation. Thus, by applying blockchain technology in the ecommerce marketplace would establish a decentralized environment where any wrongdoings on the part of the business or merchant can be efficiently monitored. A transparent eCommerce marketplace also facilitate in conducting transactions in a frictionless and efficient manner. Moreover, with the declaration of recent blockchain projects by retail giants like Walmart and Unilever – it is evident that they are eyeing at gaining a foothold in blockchain-based offerings. Recommended Read: Top 7 eCommerce Trends | 2019 […]

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