Why Blockchain Is a Good Choice for Your Next Project by Dmitry Reshetchenko

Blockchain can drive technology change for a significant number of industries. Data consistency, transparency of the processes, and no means to make updates to the facts that have already happened are the key benefits that make this technology popular. In this article, we'll have a look at the marketplaces and e-commerce niche. It is good for marketplaces 65% of all online retail purchases are made at four main sites: Amazon, eBay, Alibaba, Etsy. This situation has several reasons, and the main one is the approval of the concept of the "marketplace." A marketplace is an online platform for the provision of goods and services, where producers and consumers of goods can use ready-made online services. For example, consumers search according to the preferred characteristics of goods among a large number of manufacturers, information on ratings and sales of manufacturers, non-cash payment and payment protection systems. Benefits for manufacturers are ready-made....