Protocol for cross border e-commerce

May 15, 2018

Cryptocurrencies are spreading very fast around the world, from North America to Asia, Europe to Africa, notwithstanding Latin America. There are more and more cryptocurrency holders and the total capitalization of all cryptocurrencies reached $300 billion in April 2018 after a peak of $800 billion in December 2017. The current number of users owning cryptocurrency wallets is estimated to be around 25 million according to Statista. Bitcoin has been initially designed as a means of payment using a P2P currency system. If cryptocurrency has been initially designed as a mean of payment, then what can you buy with it right now? Is the cryptocurrency mainstream as a day-to-day payment means, especially in e-commerce? There are still lots of room to conquer in the adoption of cryptocurrency in our daily lives. Although we can observe more and more service providers accepting cryptocurrency payment, cryptocurrency holders cannot use and spend them in their day-to-day lives, especially in buying goods or services.

Spotlight

7-Eleven

7-Eleven introduced the world to convenience. And in return, the world made us the #1 convenience retailer. It started with a simple idea – give customers what they want, when and where they want it. That was 1927. And what started on a single ice dock in Dallas, Texas, has since grown to more than 55,000 locations in 16 countries around the globe. The idea may have been simple, but it started a retail revolution.

OTHER WHITEPAPERS
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According to PayPal’s Borderless Commerce Report, worldwide e-commerce is expected togrow 14.3% in 2021, with a 28% increase in new online shoppers. 1 Based on Visa’s latest Global Merchant E-commerce Study, 66% of e-commerce companies are selling products across borders, with cross-border sales accountingfor around one-third (31%) of their revenue on average. 2 Even though 87% of merchants believe their biggest growth potential lies with international online sales expansion, owners of small businesses expressed their reluctance to take actions to expand into new markets 3 Lacking interoperable payment solutions suitable for international trade is preventing merchants, especially small and medium-sized enterprises (SMEs), from tapping into international markets:

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Revel’s Official Guide toSelecting a Restaurant Point of Sale

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UPS New Ecommerce Ecosphere white paper

whitePaper | November 3, 2019

We live in the age of the Platform Economy using Uber and Lyft to catch a ride, Airbnb to rent a room and OpenTable to get a reservation at the trendiest new restaurants. And those are just a few of the myriad companies that have succeeded in turning old-fashioned products and services into marketplaces with their own ecosystems. And so it is with online retail, where marketplaces like Amazon, Alibaba, Mircado Libre and Flipkart have become the first stop for many shoppers. Merchants can list their wares on the big marketplaces, reaching audiences far larger than they could themselves. At the same time, they can engage Shopify, Square, ShopRunner or the hundreds of discrete service providers that have emerged to set up or enhance their own market platforms.

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A guide to e-commerce Europe

whitePaper | December 25, 2019

With over 500 million consumers, the European market is worth exploring and this guide provides New Zealand companies with an overview of e-commerce in Europe. The European market is vast, with more than 300 online marketplaces competing for a share in its NZ$1 trillion-plus online retail market. In this guide we take you through the key trends and introduce you to the main players in Europe’s thriving digital marketplace.

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Spotlight

7-Eleven

7-Eleven introduced the world to convenience. And in return, the world made us the #1 convenience retailer. It started with a simple idea – give customers what they want, when and where they want it. That was 1927. And what started on a single ice dock in Dallas, Texas, has since grown to more than 55,000 locations in 16 countries around the globe. The idea may have been simple, but it started a retail revolution.

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