Youth Entrepreneurship

Menu
  • Welcome
  • Dayo Profile
  • Contact Dayo
  • JOIN OUR FORUM
  • Testimonials
  • Shop
  • Our Business Plans
  • OUR PRODUCTS
    • Coaching
    • Entrepreneurship book for Africa Students
    • MLM E-BOOK: How to Recruit and Get to the Top Fast in Any Network Marketing Business
    • Set Up Money Making Blog for Just N50,000

Earn Extra $5,095 in 3 months working 30 mins daily for one week. With a $50 ontime payment + access to quality supplements at a price you won’t see anywhere else in the world.

Watch this 9 Mins Video

What Impact Will Cryptocurrency Have on E-commerce?

Dayo Adetiloye Business Hub

What Impact Will Cryptocurrency Have on E-commerce?

What Impact Will Cryptocurrency Have on E-commerce?

https://quantumaitrading.net/

The worlds of e-commerce and cryptocurrency have the ability to collide and complete each other well. Granted, their full potential hasn’t been determined yet, but massive implications could be involved if this relationship blossoms to its full potential. This article will discuss the impact that cryptocurrency could have on the world of e-commerce in more detail

 

A Match Made in Heaven?

 

Cryptocurrency is a digital currency which relies on encryption and only exists online on the blockchain. There are a number of different forms of cryptocurrency available which can be purchased individually or unified on a mutual network such as Cosmos. More information on Cosmos can be found on OKX at https://www.okx.com/learn/what-is-cosmos, which outlines how it combines multiple decentralized blockchains to allow for seamless token migration.

 

Over the past few years, the term cryptocurrency has become an intrinsic part of the public consciousness as it continues to grow in popularity and be used more frequently. In line with this, the pandemic has accelerated the growth of the global e-commerce market. With the two increasing in respective popularity, it’s worth considering how they might be able to complement one another.

 

How Is Crypto Used in E-commerce?

 

Crypto is currently being used in the world of e-commerce in a few different ways. Some major brands have decided to adopt crypto and start allowing customers to use it in the same way that they use regular currency. These brands include:

 

  • PayPal

 

PayPal launched a new feature called ‘Checkout with Crypto’ back in March 2021, which is a feature that allows customers in the US to pay online retailers using cryptocurrency. These are easy to store within a PayPal digital wallet and can be converted into traditional currency at checkout without worrying about additional transaction fees.

 

  • Expedia

 

Expedia has started working with the crypto-friendly travel agency Travala. This means that it can now accept payment for different hotels, flights, and accommodations with various cryptocurrencies.

Read Also: cryptocurrency trading 101 your guide to understanding and profiting from digital currency

 

  • eBay

 

In 2022, eBay announced they were considering allowing the use of cryptocurrency as a form of payment. They confirmed it was “something we are keeping an eye on.” Given the trajectory of other major brands and their willingness to adopt cryptocurrency as a form of payment, it’s likely that eBay will do the same before long.

 

Why Should E-commerce Businesses Use Crypto?

 

There are a number of benefits that come with e-commerce businesses using cryptocurrency. These include some of the following:

 

  • Lower transaction costs given transactions done with cryptocurrency are lower
  • Market expansion thanks to how many people are now adopting the use of crypto
  • Increased security given the decentralized nature of crypto

 

The Impact Crypto Will have on E-commerce

 

With cryptocurrency and e-commerce gaining more popularity in recent years, it’s hardly a surprise that they are beginning to work more in tandem. With brands such as PayPal and Expedia already adopting measures (and eBay not far behind) and with a range of benefits available to brands who do the same, it’s likely crypto will positively impact the world of e-commerce.

 

 

 

 

Share this:

  • Tweet
  • WhatsApp

Related

Prev Article
Next Article

Leave a Reply Cancel Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Business plan with AI 2
unicaf scholaship

Search this Blog

Gi Vital Soft Gell

gi vital softgel

gi vital softgel

How-to-join-LiveGood-Multi-Million-Dollar-Business-Opportunity-from-Anywhere-in-the-World
unicaf 3

Grant Winning Blueprint

Grant Winning Blueprint

Grant Winning Blueprint

How to Turn Yourself into a Live Breathing Cash Machine

How to Turn Yourself into a Live Breathing Cash Machine
Schedule your apointment
Affiliiate marketing Learn

Ecommerce Business

Follow me on Facebook

Follow me on Facebook

Follow me on Twitter

My Tweets

Youth Entrepreneurship

…Raising Millionaire Young Entrepreneurs
  • About
  • Dayo Speaks
  • Disclaimer
  • JOIN OUR FORUM
  • Shop
  • Privacy Policy
  • Sitemap
  • Advertise With us

About Us

Dayoadetiloye.com is a property of Dayo Adetiloye Business Hub committed to connecting entrepreneurs with resources.

We are one stop Business Resource Center where we help you discover, Develop and Fulfil your business potentials.

On this platform, we help you develop business plans and strategies, connect you with funding opportunities and share with your business opportunities.

Facebook Community: https://www.facebook.com/groups/156197005130352/

Twitter: www.twitter.com/dayoadetiloye

Email: Dayohub@gmail.com

Popular Posts

  • 50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
    50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
  • How to Join Norland Network Marketing in Nigeria
    How to Join Norland Network Marketing in Nigeria
  • TAILORING AND GARMENT MAKING BUSINESS PLAN IN NIGERIA
    TAILORING AND GARMENT MAKING BUSINESS PLAN IN NIGERIA

Popular Category

  • Affiliate (39)
  • Articles (795)
  • Business Grant (343)
  • Business Opportunities (425)
  • Business Plan (688)
  • Competition (48)
  • CV Writing & Career Guide (61)
  • Dayo Initiative (13)
  • Entrepreneur of the Week (19)
  • Executive Summaries (148)
  • Expertnaire Affiliate Marketing (6)
  • Finance (46)
  • How To (138)
  • Job Vacancy (20)
  • Latest Post (1,756)
  • LiveGood (3)
  • LOAN (23)
  • MLM Coaching (14)
  • Network Marketing (179)
  • NEWS (21)
  • Norland Nigeria (70)
  • Ofada Rice (6)
  • Online Marketing (52)
  • Product Sales (12)
  • Recharge and Get Paid (11)
  • Scholarship (7)
  • Scholarships (11)
  • Sponsored Post (253)
  • Trainings / Events (154)
Copyright © 2023 Youth Entrepreneurship
Dayo Adetiloye Business Hub

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh
 

Loading Comments...