How Social E-Commerce Can Solve Problems of Decentralized Markets
Decentralized marketplaces are one of the many rapidly evolving businesses in the fintech industry. To get a first-hand account of the major challenges and opportunities here, Cointelegraph has got in touch with the developers of the Waterhole service. First decentralized marketplaces. eBay, set up in 1995, has grown from a part-time hobby of its founder, Pierre Omidyar, to a huge multinational corporation. It was one of the first decentralized marketplaces, with caveats. True, it is run by a central authority, but it allows people from all over the world to trade things with each other at....
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PRESS RELEASE. The world of e-commerce is rapidly transitioning to that of social commerce, where demand for products is driven by videos and posts from social media. Both brands and their consumers can benefit from advertising products through social media, with stronger sales and valuable insights into product use cases, which further encourage online shopping. Video commerce already accounts for 10% of Chinese e-commerce – a trend that is already making its way to the West. That’s why we are thrilled to be hosting the seed sale of Meloot ($LADA) on the KICK.IO launchpad.....
While the Decentralized Finance or DeFi space, as colloquially called, has experienced a massive surge in interest and valuation, thanks to the influx of multiple projects, a few problems still plague this billion-dollar market. These sticking points hound the growing industry, hindering global adoption. From fragmentations between numerous blockchains and tools to interoperability, exorbitant fees, […]
I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms […]
At the same time of the second police operation against the centralized Darkmarkets under Tor, we had big important releases of the new generation darkmarkets, Openbazaar and NXT FreeMarket. They come with the desire to become the norm in e-commerce and the main reason is that they are decentralized, implying that the nodes holding the network are distributed throughout the world which, therefore, eliminates the increased vulnerability of centralized markets under Tor (i.e. single point of failure attacks). Not only that, decentralized darkmarkets promise a number of features that surpass....
Thecryptostore is an e-commerce website where you can literally buy anything in bitcoin from groceries, to electronics and clothes. We got the chance to interview Jonathan Farah, the founder of theCryptostore, and asked him about theCryptostore and how it is different from other e-commerce websites. Tell us a bit about theCryptoStore? Me and my co-founder thought about creating a place where everyone can go and buy anything from groceries, to shoes, a woman's jacket....etc, because we realized that a lot of merchants were integrating bitcoin and starting to accept bitcoin, but the issue....