E-commerce is one Industry that Blockchain technology could have a huge effect on, having many areas with unfulfilled potential. Improvements in areas of e-commerce such as data protection, cybersecurity, money laundering and monopolization of numerous sectors have the potential to be realized through the implementation of Blockchain technology. In the scheme of things, Internet ID is stuck back in the 60’s; having to scan or photograph your passport or proof of address just to join a trading platform. Disclosure: This is a Sponsored Article These processes are no less efficient for merchants either, but the cost at this end is
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