Blockchain in e-commerce – How will it impact the future?

  Blockchain in e-commerce – How will it impact the future?   E-commerce has become one of the most lucrative sectors - establishing 21 st -century industry behemoths such as Amazon, eBay, and Alibaba. And there’s no slowing down. E-commerce is expected to gobble close to 25% of global retail sales by 2025. What makes e-commerce a raging success? It's the ability to adapt to newer technologies and disrupt the norm. Speaking of new technologies. These days, there's nothing hotter than blockchain. An explosion of blockchain technology is seeping into every facet of the industry. And now, its integration with e-commerce is not just about technological transformation, but about being a bona fide monopoly breaker. Before we begin, let's uncover the buzz surrounding blockchain. What is blockchain? For the uninitiated, blockchain technology; as the name suggests, is a series of encrypted blocks in which each block contains bits of information that are intertwi...