e-commerce
Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts
Chinese e-commerce giant JD.com, also known as Jingdong, has successfully launched two enterprise-level applications, including blockchain-based smart contracts, and the protection of commercially confidential information. These two applications were launched on JD’s independently-developed proprietary blockchain, JD Chain. The JD Chain blockchain framework was made open sourced around a year ago, five months after the company launched the JD Blockchain Open Platform enabling companies to use JD’s platform using pre-built APIs. The blockchain protocol has been opened up to allow enterprises to built custom solutions.
Chinese E-Commerce Giant JD.com to Build CBDC Digital Wallet to Support China’s DCEP
JD.com has recently partnered with the People’s Bank of China Digital Currency Research Institute to build mobile apps and wallets to support China’s CBDC.
Shopify Launches Blockchain Commerce Tools to Enhance User Experience
SIWE allows Shopify users to sign in using Ethereum addresses without revealing private information.
Nearly 70% of Merchants Believe Crypto Payments will Revolutionize Business Models, Study Shows
The appetite for cryptocurrencies in e-commerce continues to gain steam as they offer more convenient and safer payment methods, according to a report by global payments solution provider Checkout.com.
Latin America E-Commerce Giant MercadoLibre Purchases $7.8 Million Worth of Bitcoin
Mercadolibre announced a $7.8 million Bitcoin purchase, believing deeply in the cryptocurrency.
Citcon Partners with Cash App Pay and Afterpay to Enhance E-commerce Payment Solutions
Citcon partners with Cash App Pay and Afterpay to offer e-commerce businesses a range of streamlined payment options. The collaboration aims to simplify the payment process for both merchants and consumers, targeting especially the Millennial and Gen Z demographics.
Shopify Inks Deal with Strike, Enabling Bitcoin Lightning Payments
Merchants on Shopify, a global e-commerce giant, will have the option of receiving Bitcoin off-chain payment through the Bitcoin Lightning Network after sealing a deal with Strike.
Mercari Japan Embraces Bitcoin Payments
Mercari, Japan's e-commerce leader, announces Bitcoin payment integration by June 2024, leveraging its subsidiary Melcoin. This reflects Japan's advanced crypto regulatory environment, fostering digital currency adoption in commerce.
OpenAI Introduces New Plugin Feature for ChatGPT AI Chatbot
OpenAI has introduced a new plugin feature for its AI chatbot, ChatGPT, allowing it to retrieve information from online sources and interact with third-party websites. The feature is in the alpha phase and will only be available to a limited set of users initially, with a waitlist in place to access it. The plugins include e-commerce platforms Shopify, Klarna, and Instacart, and travel search engines Expedia and KAYAK, among others.
Blockchain in Supply Chain Market Anticipated to Top $14.88 Billion by 2028
The increasing adoption of product traceability for enhanced transparency in manufacturing processes and the urge for optimized security will make blockchain in the supply chain market surpass $14.88 billion by 2028, according to a report by Research Dive.
Is It Wise for E-Commerce Stores to Accept Crypto As Payment?
Cryptocurrencies are transforming the e-commerce industry, offering global reach, cost savings, safety, and cross-border business opportunities, with potential to reach $2.9 billion by 2030.
eBay Joins the NFT Space, Offering Traders a Seamless Experience
E-commerce giant eBay has entered the non-fungible token (NFT) sector through a strategic partnership with Web3 company OneOf.
Shopify Becomes Member of the Libra Association
Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.
Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance
Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services.
Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate
Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.
Alibaba Unveils Its First Home-Grown AI Chip
Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business.
Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project
Ant Financial, an affiliate of Alibaba the e-commerce giant is making efforts to increase the scope and accelerate its charity project which happens to be a blockchain initiative.
Ontology to Digitize Grocery Shopping Through Blocery DApp
Ontology (ONT), a high-performance public blockchain project and distributed trust framework, has revealed its teaming up with Blocery, a high-end grocery pre-purchase/ agricultural products purchase e-commerce platform, for a premium dApp.
Amazon and Tech Mahindra to Create Blockchain-Based PPE Supply Chain Solutions
Indian based technology company Tech Mahindra announced today that it has partnered with U.S based e-commerce giant Amazon Web Services (AWS) to deploy blockchain solutions using Amazon’s managed blockchain.
The Fate of Cryptocurrencies in a Fast-Changing Financial Ecosystem
Cryptocurrency being a digital currency, created and managed through the use of advanced encryption techniques known as cryptography has been gradually modifying the world of finance as well as other sectors such as e-commerce and since its creation in 2009.
Russia’s E-Voting Blockchain Platform Attacked
Russia’s blockchain e-voting platform for Vladimir Putin’s proposed Constitutional amendments reportedly suffered a node attack last weekend. The proposal is passed will allow Putin to serve as President until 2036.
Ant Group Partners with Dell, Hewlett-Packard and Lenovo to Enable Access for its New Blockchain Solution—AntChain
Ant Group, formerly known as Ant Financial, the payments arm of Chinese e-commerce giant Alibaba, has launched a new blockchain solution, AntChain. Ant Group has signed an agreement with Dell, Hewlett-Packard, and Lenovo to enable accessibility of IT leasing services for small to medium enterprises (SMEs) through the AntChain blockchain solution.