Blockchain for e-commerce?

Blockchain for e-commerce?
by

1 Answer

Answer :

Many global retailers are now turning to blockchain technology. I actually think this is an excellent idea. If you've ever sold anything online, you'll always run into problems like: People paying you with PayPal and turning in a dispute. PayPal rules in their favor and you've lost the money and the items that you sold. There are many credit card thieves today and people use these cards online to purchase so many items. In the end when the owner of the card realizes what has happened the bank can take back the payment. If you've sold some expensive good to these people you are out a lot of money. At least with blockchain, it is harder to hack the account and you are insured your payment for the goods you've sold. The Pros and Cons: Pros: A safer way to be paid and ensure that nobody can file a claim against you to have their money returned. A more secure payment processing system because of how it is run and there isn't just one person controlling this. You'll have fewer chargebacks and lost merchandise.  Cons Nobody knows really where this technology is going right now or if it will soon be regulated. There is no real money in this technology only electronic currency. It might be harder to get your hands on and you'll pay higher processing fees when you try to transfer the funds to your bank account. No one knows if a cap will put on this currency, if it will fall or rise again.
by

Related questions

What is blockchain?

Description : What is blockchain?

Last Answer : Blockchain is a digital ledger technology that enables secure, transparent, and decentralized transactions and records, using cryptographic techniques to ensure integrity and privacy.

What is blockchain?

Description : What is blockchain?

Last Answer : Blockchain is a decentralized digital ledger technology that allows for secure and transparent transactions and record-keeping, often used in cryptocurrency and other applications.

Who used Blockchain software to mine bitcion?

Description : Who used Blockchain software to mine bitcion?

Last Answer : Blockchain is not mining software. Blockchain is a distributed ledger system for recording transactions.publicly and sequentially.

What is blockchain ?

Description : What is blockchain ?

Last Answer : Answer : Blockchain is a decentralized , distributed and public digital laser system where every piece of information is in block form. Each block usually contains a hash pointer , a timestamp, and ... cannot be changed without the consent of the next block and without the consent of the network.

Do you interested in blockchain use cases in businesses?

Description : Do you interested in blockchain use cases in businesses?

Last Answer : For a person who is an enthusiast about technology and especially for learning new things about technology and its patterns and trends, this would be a great road to explore. ... high in blockchain technology and integrating their processes and databases and transactions with blockchain technology.

What is Blockchain Technology?

Description : What is Blockchain Technology?

Last Answer : The blockchain technology is the structure of data that represents the financial ledger entry or a record of a transaction. Each transaction is digitally signed to ensure authenticity.

What is the future of blockchain for money exchange?

Description : What is the future of blockchain for money exchange?

Last Answer : That is a good question. Nobody can predict the future of blockchain. However, today the market is still holding after a major decrease in the value of the Bitcoin. Some say it is because there are ... the currency. One day the government might take this over and then the market will be stronger.

What is blockchain? How is it helpful?

Description : What is blockchain? How is it helpful?

Last Answer : Blockchain is a system of recording or databases that are widely distributed on the network. It is also called the distributed ledger. It is a system that does not use any third parties like banks ... is transferred from your bitcoin address to the hotel's bitcoin address in a peer-to-peer manner.

Is it possible to hack blockchain in any condition?

Description : Is it possible to hack blockchain in any condition?

Last Answer : Yes, blockchain can be hacked. No matter how secure and how powerful blockchain might be, they can still be hacked because hackers look for a weak link in the security and exploit this link ... several possibilities that a hacker can use to hack any secure network and blockchain is no exception.

What are some advantages of using Blockchain Technology?

Description : What are some advantages of using Blockchain Technology?

Last Answer : If we talk about Trading than doing it in the internationalmarket is one of the most complex industries ever. To maintainaccordance with every country we need to maintain thousands ofdifferent ... learning about any other field in thetech world - it requires meticulous research andself-education.

Is Blockchain a new emerging technology?

Description : Is Blockchain a new emerging technology?

Last Answer : The technology of Blockchain is most simply defined as a decentralised distributed leader recording the origin of a digital asset. The data on a blockchain is immutable by design, making it a legitimate ... to the document. No one is locked out because they are awaiting changes from another party.

How can blockchain disrupt banking and insurance?

Description : How can blockchain disrupt banking and insurance?

Last Answer : Answers is the place to go to get the answers you need and to ask the questions you want

What is blockchain technology?

Description : What is blockchain technology?

Last Answer : In simple terms, a blockchain is an “append-only transaction ledger” - meaning only new information can be added on the digital ledger, but the previous data or information which ... of creating a secure way of making transactions. https://perceptsystems.com/blockchain-application-development/

Should e-commerce be better than this? Why do retailers design sites this way?

Description : Should e-commerce be better than this? Why do retailers design sites this way?

Last Answer : answer:Has Best Buy changed their website then? I could swear that at one time you could filter by zip. As a matter of fact I'm pretty sure that my fiancé and I did just that last summer when he was ... game. I don't see why they would change that. It's a great feature. Stupid move, Best Buy.

Is there a Wordpress e-commerce plug-in that links with LightSpeed POS?

Description : Is there a Wordpress e-commerce plug-in that links with LightSpeed POS?

Last Answer : Hey thatonetime, did you ever find a WordPress plug-in to work with LightSpeed?

How to get into the e-commerce area?

Description : How to get into the e-commerce area?

Last Answer : answer:It looks like no one is going to jump in. I'd say one of the best things you could do to understand e-commerce is to start a store. Sell something you're interested in and just set it up from start ... you can build. I don't think there's an easy way to figure it out other than to just do it.

Adding a shopping cart into my e-commerce website?

Description : Adding a shopping cart into my e-commerce website?

Last Answer : answer:It's a huge question, so lets get you a couple resources to get you started. The easiest way to get everything you're looking for in one place would be to go with a service like Big Cartel ... front to make sure it's done right. Good luck with the business and I hope you're very successful.

What price should I charge someone to design an e-commerce website?

Description : What price should I charge someone to design an e-commerce website?

Last Answer : answer:Heh, If I was using Joomla I'd be charging a lot, since I don't like Joomla ;^P In seriousness, it's hard to know how much to charge. I have run into this problem ... charged is for that specific set of requirements and that any additions not covered by the requirements will cost extra.

What's a great name for this new Web/e-commerce feature?

Description : What's a great name for this new Web/e-commerce feature?

Last Answer : answer:Let Me Think About It I Want to Think About This One

What's the deal with all the news all the time about striking it rich with side hustles and e-commerce enterprises (think drop shipping)? Are young millionaires from these types of ventures really all that common?

Description : What's the deal with all the news all the time about striking it rich with side hustles and e-commerce enterprises (think drop shipping)? Are young millionaires from these types of ventures really all that common?

Last Answer : answer:

Which one is the affordable e-commerce shopping Website?

Description : Which one is the affordable e-commerce shopping Website?

Last Answer : ExtendBuy is an E-commerce retail company in the united state. ExtendBuy Corporate office located at 1309 Coffeen Avenue STE 1200 Sheridan, Wyoming 82801.ExtendBuy created value for their customers by ... accessories, health sports fitness, toys games, beauty, and personal care, and so on.

How can I better market my sextoys e-commerce site in Sharjah?

Description : How can I better market my sextoys e-commerce site in Sharjah?

Last Answer : as per current time According to a report by Adultvibesuae, an e-commerce site for adult products, Sharjah contributes between 16-20 percent of the global market. So you Can buy Any products from online So need any help & Supposed Call us

What are the Benefits Of Hiring A White Label E-Commerce Marketing Agency?

Description : What are the Benefits Of Hiring A White Label E-Commerce Marketing Agency?

Last Answer : Quality-first approachA white label agency truly adheres to quality standards to ensure that your agency's credibility and brand value isn't compromised. This implies providing end-to-end, high-grade ... time to pursue more clients and convert sales. Your client gets outstanding results, and you g

What is the best cheap e-commerce web hosting service in the United States?

Description : What is the best cheap e-commerce web hosting service in the United States?

Last Answer : Just access the banner link and you will find the best hosting service in 2020 and 2021 making unlimited Web Hosting easy and affordable with unlimited disk space and bandwidth and an easy control panel ... of the leading web hosting companies.In the promotion you still get 65% off and free domain.

What is the impact of e-commerce ?

Description : What is the impact of e-commerce ?

Last Answer : E-commerce has had the greatest impact on business.

How often can e-commerce be divided ?

Description : How often can e-commerce be divided ?

Last Answer : E-commerce can generally be divided into four (4) parts.

What is e-commerce ?

Description : What is e-commerce ?

Last Answer : Buying and selling products and services on the Internet is called e-commerce.

Why is e-commerce a modern business method ?

Description : Why is e-commerce a modern business method ?

Last Answer : The importance of e-commerce as a modern business method is immense. Nowadays e-commerce technology products have added all the products necessary for the daily life of the people. Now e-commerce system ... to do everything from shopping at home. That is why e-commerce is a modern business method.

What is the difference between e-commerce and e-business ?

Description : What is the difference between e-commerce and e-business ?

Last Answer : Answer : Doing commercial transactions using visual technology is called e-commerce. Digital technology-based commercial transactions refer to the exchange of goods and services between a ... transactions and all types of digital technology-based transactions controlled by e-business organizations.

What is being traded through e-commerce ?

Description : What is being traded through e-commerce ?

Last Answer : Fancy stuff.

What is the full form of e-commerce ?

Description : What is the full form of e-commerce ?

Last Answer : Electronic Commerce

What is the COD used in e-commerce ?

Description : What is the COD used in e-commerce ?

Last Answer : Cash on Delivery

What is another name for e-commerce ?

Description : What is another name for e-commerce ?

Last Answer : E-commerce is another name for e-commerce.

What is e-commerce ?

Description : What is e-commerce ?

Last Answer : Electronic commerce or e-commerce or e-commerce is a field of commerce where goods or services are bought / sold through an electronic system (Internet or any other computer network). Modern ... World Wide Web. Also used are mobile commerce , electronic fund transfer and some other means.

What is e-commerce ?

Description : What is e-commerce ?

Last Answer : Electronic commerce or e-commerce or e-commerce is a field of commerce where goods or services are bought / sold through an electronic system (Internet or any other computer network) . Modern ... World Wide Web. Also used are mobile commerce , electronic fund transfer and some other means.

How to start an E commerce website?

Description : How to start an E commerce website?

Last Answer : These are the steps to start an ecommerce website/business: 1.) Research 2.) Select Business 3.) Obtain Permits 4.) Create website Hope that helps and good luck with your business!

E-commerce vs E-business | What's the difference?

Description : E-commerce vs E-business | What's the difference?

Last Answer : E-commerce refers to buying and selling online. E-business encompasses all business conducted online. E-commerce is concerned with the firms dealings with its customers, clients or suppliers. ... , online job boards, application processers and systems that collect and maintain data about employees.

What is e commerce?

Description : What is e commerce?

Last Answer : Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Which development agency could drag your e-commerce business to the peak?

Description : Which development agency could drag your e-commerce business to the peak?

Last Answer : I picked three highly recommended and top rated e-commerce development agencies that can help your business succeed. These three are the following: 1. Absolute Web - Most business owners commend the ... . With relatively low service rates, you get more value for your money with this company.

How to run a e-commerce business with sucessful?

Description : How to run a e-commerce business with sucessful?

Last Answer : Hello there, To let you know how to run an ecommerce business with more success I first need to introduce myself. My name is Nesim and I am working as a programmer for years now. I have ... should come up with a perfect idea sooner or later. Hope this answers your question, Best Regards, Nesim

How to be successful in e-commerce business?

Description : How to be successful in e-commerce business?

Last Answer : 1)catch a less available idea of your e commerce market and try to furnish it. 2)design a good clean website with catchy content. 3)try to influence more through social media 4)be social and ... to advertise or do influencer marketing 7)if want to invest more hire a good and sincere social manager

How to build a loyalty program for an e-commerce website ?

Description : How to build a loyalty program for an e-commerce website ?

Last Answer : First off you need the clients who visit your site and buy from you in order to do this one. You should build up your site first off and then start off with a loyalty program. You can do this by ... who shop with you all the time and offer them a promo code for a discount on their next order.

Which is the best open source e-commerce script?

Description : Which is the best open source e-commerce script?

Last Answer : If you are in search for an open source e-commerce shopping cart there are many like Open Cart, Prestashop, Magento etc. Prestashop has a large number of options to customise while Magento can handle ... for a completely free shopping script with user review options then Open Cart is the way to go.

What are the best ways to increase e-commerce conversion rates?

Description : What are the best ways to increase e-commerce conversion rates?

Last Answer : To increase the e-commerce conversion rate here are some tips. 1) Give full details of the product you are selling as much as you can. 2) Your website should have a responsive customer support ... applicable. 7) Describing the applicable areas and various uses of the product can make leads to sale.

Match the columns: `{:((i), " Withdrawal of money from ATM.", (a), " B2B commerce"), ((ii), " Employees send their daily report through e-mail", (b),

Description : Match the columns: `{:((i), " Withdrawal of money from ATM.", (a), " B2B commerce"), ((ii), " Employees send their daily report through e-mail", (b),

Last Answer : Match the columns: `{:((i), " Withdrawal of money from ATM.", (a), " B2B commerce"), ((ii), " ... by Hyundai from Autocops", (d), " B2C commerce"):}`

What will help reduce risk of identity theft when engaging in e-commerce?

Description : What will help reduce risk of identity theft when engaging in e-commerce?

Last Answer : Confirm the site you are using uses and encrypted link.

What type of e-commerce often resembles the electronic version of the classified ads or an auction.?

Description : What type of e-commerce often resembles the electronic version of the classified ads or an auction.?

Last Answer : Need answer

When using e-commerce what will help reduce you risk of identity theft?

Description : When using e-commerce what will help reduce you risk of identity theft?

Last Answer : What is the answer ?

How are e-commerce technologies similar to or different from other technologies that have changed commerce in the past?

Description : How are e-commerce technologies similar to or different from other technologies that have changed commerce in the past?

Last Answer : Need answer

Develop an E-Commerce Website?

Description : Develop an E-Commerce Website?

Last Answer : form_title=Develop an E-Commerce Website form_header=An e-commerce website sells a variety of products in a safe and secure manner. Describe your business:=_ What payment system would you like to use?=_ What other services do you require?=_