Tag: e-commerce

The Kin Foundation on July 11, 2018, began accepting applications for the Kin Developer Program, which will pay up to 25 developers a total of $3 million to create and maintain independent “kin economies” during six months. Kin Developer Program: An Opportunity for Developers and Users The people who brought us Kik messenger and the KIN cryptocurrency now seem to…

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Viber, the Luxembourg-based messaging and video call app with over 100 million users in Russia alone, has announced its intentions to launch a native cryptocurrency in 2019. Viber Studying Russian Law Local news outlet Tass reported the development on July 3, 2018. Rakuten, a Japanese e-commerce business conglomerate, and early-stage incubator, is the parent company of Viber and stated it…

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Decentralized marketplace Particl announced the successful implementation of its alpha marketplace on May 31, 2018. Users can now use tPART (testnet PART) coins provided by the developers to test the marketplace. Particl’s cryptocurrency is the only altcoin keeping up with the latest changes in the Bitcoin codebase. Marketplace Built on Blockchain Technology Testing the alpha of the platform is the…

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According to the patent filing published by the US Patent and Trademark Office (USPTO), mega-retailer Walmart Inc. has filed a patent for a blockchain-based resale marketplace that would allow consumers to sell previously purchased Walmart products on the resale platform. Walmart Leverages Blockchain Technology to Gain an Edge Over Rivals The proposed platform would record purchases of customers on a…

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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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