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3 Ways Blockchain Technology Transforming the Ecommerce Industry

3 Ways Blockchain Technology Transforming the Ecommerce Industry

ECommerce is one of the most lucrative sectors of 2021. As the e-commerce industry is ready for the next wave of growth, the integration of blockchain technology can make a winning combination. A recent market report revealed that the global blockchain market is predicted to grow from USD 3.0 billion in 2020 to USD 39.7 billion by 2025. Today, the eCommerce industry is facing various challenges including online identity verification, supply chain tracking, transparency, and cybersecurity issues, which can be solved to an extent with blockchain technology. From Walmart to Amazon, big e-commerce giants are already using the power of Blockchain to make their online business more secure, fast, and scalable. Here we are going to discuss the top three...

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