BlockChain and e-commerce - The Beauty of Authenticity
Technology is an extension of human evolution, an expression of our advancement and how we are evolving both internally and externally. Discovering means bringing an increasingly isolating modern world together. With the invention of the computer, the World Wide Web was followed close at heel by Artificial Intelligence, which is now looked upon as a game changer. Any industry sector agnostic that has migrated online or considering is not immune to the impact of technology. Let us discover the extent of this via this blog.
E-commerce convenience and recent diversification
PrimeSpot gives the e-commerce sector many organizational inputs to have an accelerated presence online. The Prime Spot ERP permits seamless integration with all facets into one perfectly integrated system. With no manual interference, the process of integration is secure, automated, and tamper-free. Our D2C partners are using compatible NFT technology and blockchain capacity.? Our Solutions for our customers range from marketplace management to integration with D2C partners as well as customized warehousing, packaging, and other solutions. Our e-commerce consultancy services focus on maximum delivery and minimum handoffs.
Block Chain and E-commerce -What is the link that connects?
When you order exclusive luxury oils and perfume, how will you know despite the retail promise that the product is 100% original? When you are trusting an online partner - How do you know that they do what they claim? The internet is many things good and positive, it is also a haven for counterfeit goods cheaply manufactured irresponsibly sourced, and worse - your money is going towards funding some wrong cause. The Government of India has lately invested and reformed its involvement to take advantage of Blockchain.
In recent years the Government of India and various Government departments have begun offering blockchain service or the Blockchain-as-a-Service (Baas), with this the process is being gradually introduced into India, currently limited to the start-up sector of health care and fintech. Via its applications and smart contracts, the government is building and hosting its functions on the blockchain.
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Key features of Blockchain Technology:
The E-commerce connection and benefits of this marriage of convenience.?
E-commerce has the most benefits with blockchain, with each transaction being stored in its chain and thereby maintaining a complete-time wrap of the process and transaction. This creates transparency. Eliminating human interaction for the process and depending on computer programs makes it error-free for most parts and faster. Blockchain can also help manage data in e-commerce, with its decentralized ledger base system you can track all digital information without being dependent on third parties. Smart contracts between buyer and seller improve the warehouse and supply chain management.
Our world has forever changed with the manner people interact, shop, and live and in conclusion, we can assume that being future forward, we can safely assume technology is here to stay. Hence it is imperative to have an established online presence and scale the business outreach to a much wider target audience. One-time novel concepts like the computer, the World Wide Web, e-commerce, and now AI, or Blockchain, etc. are progressively becoming more mainstream.
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