E-commerce has become an essential part of our daily lives, redefining commercial activities worldwide. Internet penetration has done wonders for the industry and contributed to its growth significantly.
The global e-commerce industry was valued at $13 trillion in 2021 and is expected to reach $55.6 trillion by 2027. The Asia-Pacific nations account for more than 70% of all e-commerce activities. For example, China alone contributes $740 billion in e-commerce sales, while the United States accounts for more than $560 billion.
This multi-trillion-dollar sector is now evolving to its next level, thanks to innovations in Web3. To this end, traditional e-commerce organizations are beginning to recognize the potential of technologies like blockchain and crypto. While blockchain provides secure and reliable infrastructure, cryptocurrencies introduce novel financial aspects and opportunities. And with these factors combined, we are now witnessing the rise of a new commercial paradigm,...
Read Full Story:
https://www.newsbtc.com/news/company/introducing-crypto-commerce-how-blockcha...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.