Blockchain & e-Commerce. How Storiqa Improves Online Sells
Everything changes over time and adapts to new spheres, platforms and models. Blockchain technology that now takes place in millions of minds mostly due to Bitcoin is yet another innovation.
There are no doubts that the blockchain will change such a large sphere as e-commerce as well. Why? The overall capacity of e-commerce is growing: for example, it is estimated that there will be 224 million digital shoppers by 2019 in the United States. Blockchain implementation is a relatively new idea for this industry because yet none of the companies use it fully but it’s a promising idea as blockchain implementation could give a lot of advantages for both sellers and buyers.
Blockchain solves persistent problems in e-commerce. Let’s figure out how it’s possible.
Smart and honest reviews
Blockchain assures the transparency in terms of honest shopping. Shoppers will be able to leave a review only after receiving ordered goods, it means no fake feedbacks.
Affiliate marketing on blockchain
Sellers will be able to cooperate with bloggers and get a free promotion from them. Traffic owners (bloggers) will be able to monetize their reviews through an affiliate program.
Fast and cheap transactions
Traditional online global trading implies long and costly transactions. Multicurrency wallet will help shoppers and vendors to interact easily and perform cross-border payments in a convenient way. A fee for transferring cryptocurrency is much lower than for transferring fiat money.
Safe shopping
Buyers will be safeguarded due to usage of smart contract system. Smart contract transfers money to a seller’s account only when an ordered item has reached its destination. So a customer pays only after receiving the product, it increases his or her confidence in a service and makes online shopping more attractive.
Moreover, blockchain brings cryptocurrency to common usage in online trading. It means that selling globally will be easier because it’s more convenient for people!
Storiqa’s role
Storiqa is an online marketplace designed for any sized seller, with easy setup and global accessibility.
Blockchain is used by Storiqa to make an ordinary business model of marketplace more transparent, reliable, and consistent. We offer:
- Minimal financial borders and global transactional fees
- Smart review system
- Affiliate marketing system
- Safe purchase system
Payments can be made in popular crypto, fiat or STQ token. Customers are able to use and enjoy discounts, cashback, and a filtering system.
We know that one day cryptocurrency payments in e-commerce will become so common that notion “cryptoshopping” will be heard in every corner.
Change e-commerce with STQ!
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LinkedIn https://www.linkedin.com/company/storiqa/
Twitter https://twitter.com/storiqa
Join our conversation on Telegram https://t.me/storiqa_en
Our website https://goo.gl/bepUwH
