ICOs by Category: Blockchain-Based E-Commerce Projects

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kriptio

3 min readJan 22, 2019

The worldwide retail e-commerce market is rapidly growing. According to statista.com, it is expected to grow from $2,3 trillion in 2017 to $4,9 trillion in 2021. Blockchain technology brings extended opportunities for the e-commerce industry, providing increased safety, complete transparency, trusted reviews, and more. Blockchain-based e-commerce projects offer better solutions solving a number of challenges typical for traditional e-commerce companies. Some of the most popular startups implementing blockchain for e-commerce business are given below.

Storiqa

Storiqa is a blockchain-based marketplace with a wide range of functions for effective sales all over the world. It allows selling and buying goods with cryptocurrencies and without financial boundaries. All transactions on the platform are secured with the use of smart contracts. The platform provides safe purchase system, open 24/7 statistics and trusted reviews. Its native token is meant for internal payments and is the only measure of payment for fees and marketplace services. The goal of the project is to provide online e-commerce businesses with advantages of blockchain technology.

Website: storiqa.com

ECoinmerce

ECoinmerce is a blockchain-based social e-commerce platform. All digital assets on the platform, including online stores, product pages, videos, reviews and so on, are 100% owned by the users who created them. The platform allows to significantly reduce transaction fees for retailers, so that consumers can benefit from much better prices. It also provides rewards for users and influencers motivating them to make product reviews. ECoinmerce allows selling and buying products with both fiat and cryptocurrencies.

Website: ecoinmerce.io

Eligma

Eligma is an AI-driven and blockchain-based platform for e-commerce offering a number of innovative solutions for the industry. The platform provides decentralized sales and loyalty infrastructure, crypto payment gateway, mobile app, POS crypto payments and other shopping solutions. Eligma introduces a unified shopping account allowing the users to complete purchases in multiple online stores at once. With the use of AI the platform can process millions of data points from numerous online stores to compare product specifications and features in order to select the most corresponding products at user request.

Website: eligma.com

Buying.com

Buying.com is a decentralized e-commerce platform that allows online stores and consumers to buy goods directly from manufacturers, wholesalers and distributors. The platform implements blockchain technology providing new business models, new ways of distribution, more efficient logistics and operations and much more. The goal of the project is to provide a more vertically integrated and efficient solution to improve the economics of e-commerce.

TANZŌ

TANZŌ is a blockchain-based social e-commerce platform for handmade goods providing protection to crafters and guaranteeing craftsmanship to the buyers. The platform uses a combination of blockchain, geolocation and timestamp functionality to verify the identity and authenticity of new crafters. The implemented smart contract system is responsible for registering crafters and their products upon meeting the predefined conditions. TANZŌ is also going provide trusted product and crafter ratings and reviews.

Website: tanzo.io

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