Electronic commerce is strengthened through digital assets
The e-commerce retail market is expected to reach $ 4.5 billion by 2021
The impact generated by cryptocurrencies has significantly increased in recent years thanks to the benefits of blockchain technology. In this sense, many companies on a global scale are committed to improving processes quickly and at low cost. For this reason different industries, especially e-commerce platforms, have integrated their system to the blockchain.
According to a research study conducted by Statista, the global e-commerce retail market is expected to double by 2021, reaching $ 4.5 trillion, with approximately 480 million more people worldwide buying goods and services online.
Regarding the number of Internet users who buy digital products, an increase of between 5% and 65% is expected by 2021, figures that represent a very valuable opportunity for all those digital companies that wish to expand in the market. With more users online, e-commerce platforms should also expand their payment gateway options.
Digital assets in virtual stores
Managing digital assets as a payment alternative in virtual stores offers both the company and the user many advantages, including speed, security and comfort.
Among the most notable benefits, the following can be mentioned: breadth of the market, businesses that manage digital assets can expand their current segment to a new consumer market; faster transactions, can be processed immediately and allows merchants instant access to their funds; lower rates; increased security, the transactions are encrypted and must be verified and approved before completion.