Tag: e-commerce

TSUM.ru is the first company that has digitized more than 30,000 products in 3D using the Cappasity technological solution. TSUM.ru – an online platform for TSUM, the largest luxury department store in Eastern Europe and one of the biggest online platforms in the region. Cappasity Inc., a developer of 3D product imaging solutions made especially for e-commerce, is pleased to…

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With the popularity of cryptocurrencies taking off in 2017 and many established companies such as Kodak and Telegram launching their digital tokens as of late, it seems like only a matter of time before the likes of Facebook and Amazon bring their digital currency to fruition. Amazon Releases Crypto Survey Such a currency would function as the primary form of…

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Alibaba Group Holding Ltd., the most significant company in China’s multibillion-dollar e-commerce market, announced on February 1, 2018, that its third-quarter revenue increased by 56 percent. Expectedly, the group later rescaled their forecast for the year ahead by raising the expected revenue from 49 to 53 percent to 55 to 56 percent. Alibaba will also be acquiring a 33 percent…

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Local World Forwarders (LWF) is on the verge of ameliorating the global logistics industry using blockchain technology with the first Decentralized Logistics Platform. LWF intends to build an efficient platform to disrupt the global logistics market which is expected to reach $15.5 trillion by 2023 as per Transparency Market Research. The LWF decentralized platform will allow every individual to be…

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Overstock unwittingly processed bitcoin cash as having an identical value to bitcoin, effectively allowing customers of the e-commerce giant up to an 85 percent discount on cryptocurrency purchases. Massive Savings As tested by expert security investor Brian Krebs, the glitch allowed customers to use bitcoin and bitcoin cash interchangeably, profiting the difference between the two when paying in bitcoin cash….

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The grand sweep of recent blockchain developments has found a place in the world of e-commerce. By eliminating many of the downsides of managing an online shop, Storiqa offers a clear set of tools so that anyone can build their online commercial presence. Smart Contracts, Cryptocurrencies, and the Modern Marketplace Almost six million individuals use some form of cryptocurrency wallet,…

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Researchers at Princeton University have published a paper that highlights the privacy issues of making cryptocurrency payments at online merchants that use browser cookies to collect user data. The paper’s findings suggest that bitcoin users lose much of the digital currency’s anonymity when shopping online. Transactions can be linked to user identities through the very commonplace use of third-party trackers….

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OpenBazaar announced during February 2017 that the long-awaited feature to improve anonymity and privacy for vendors and buyers was here, the code which would enable Tor anonymity was ready, and Tor would finally be integrated into the decentralized online marketplace. “Tor has always been the most requested feature by far,” OpenBazaar developer Chris Pacia said. OpenBazaar is an online marketplace…

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The University of Iowa, an educational institution with a considerable reputation for its engineering and technology research departments, recently released a paper on detecting fraud for online businesses using blockchain technology. Researchers at the university looked into the effectiveness of blockchain technology in detecting objective fraud and ultimately, its applicability in the online fraud security market. Blockchain technology, can be…

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