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A. Can blockchain technology be applied in the field of e-commerce?

Weisan Cloud Analysis: Regarding the frequent user information security loopholes in the e-commerce industry, blockchain Based on digital encryption technology, personal privacy encryption is formed with a point-to-point Internet open source protocol.

The e-commerce platform built by blockchain can use blockchain traceability technology to record all steps of the product from issuance to acceptance, create a consensus network, and directly locate problems in the intermediate links of the product. It can also ensure the traceability of information, so that product information can be accurately collected, so that it can be documented and traceable.

B. The first blockchain-based e-commerce retail platform—ETB (Business Token)

ETB’s vision is to “create a new retail future together, share a new smart life, We are committed to building a global trillion-level new retail + blockchain economic global business community”!

Adhere to the new thinking of new retail + blockchain, reshape the multi-level complex relationships of business, form a business intelligence ecosystem with blockchain as the underlying structure, and create the original "ETB Business Pass" The new retail model activates the circulation link, tightens the traceability system, reshapes the business chain, activates traditional business potential, and empowers the real economy! This is our mission!

ETB uses a series of blockchain technologies to connect the online and offline actual products of the ETB chain, realizing the quantification of the value of new retail products within the global ecological chain and making the value circulation value intuitive.

ETB is an intelligent, fair, just, transparent, open and credible digital global transaction ecological chain for new retail. It is an innovative application of blockchain technology in the field of new retail digital transactions. ETB tokens are digital assets issued for the global new retail industry. With new retail digitization as the core idea, through a series of blockchain technologies, the ETB chain connects online and offline actual products to realize a global ecological chain of new retail products. Internal value quantification, value circulation, value intuitiveness.

ETB blockchain, as one of the products of blockchain 3.0, fully draws on the advantages of Bitcoin and Ethereum, while combining other blockchain innovative technologies and introducing Bitcoin’s POW workload Proof mechanism to ensure the value stability of ETB tokens; introduce innovative POS equity proof mechanism to more effectively execute asset transactions, including digital transactions of new retail products, financing, etc.

C. How to apply blockchain technology in the field of e-commerce

There is already such an application in the world, called g‏ojo‏y. The prospect is very optimistic. Through consumption, you can mine. The model stimulates consumers to shop in this mall. Consumption is investment. Anyway, you can buy wherever you buy. There are also digital assets that can be mined here. The digital assets mined have room for appreciation and can be held or exchanged for money. I only learned about this after listening to the blockchain business revolution on Qianchao., which contains a lot of related content!

D. Can e-commerce platforms use blockchain technology? Is there a mature platform now?

It can be used. The underlying technology of Alibaba Alipay has blockchain technology

E. Can blockchain technology be used to promote cross-border e-commerce

On October 11, the Sichuan Provincial People's Government issued the "Implementation Plan for the China (Nanchong) Cross-border E-Commerce Comprehensive Pilot Zone". The plan points out: Support cross-border e-commerce companies to use digital technologies such as cloud computing, big data, artificial intelligence, and blockchain to carry out intelligent, personalized, customized production, and new model innovations such as cross-border e-commerce live broadcasts and social e-commerce. To start a business, telecommunications companies are encouraged to provide dedicated international Internet data channels for foreign trade companies to carry out digital marketing.
Easy Baoquan uses blockchain technology to effectively solve the whole-link trust issue of electronic data from generation, storage, notarization, and proof: when uploading to the chain, the blockchain is used to ensure the authenticity of the stored data. Originality and integrity; after uploading to the chain, each judicial node on the preservation chain is used to ensure the credibility and security of the data; during litigation, evidence is directly passed to the Internet court to improve the efficiency of rights protection.

F. Bitcherry BCHC proposed "Blockchain 4.0" to promote the application practice of blockchain and e-commerce industry

With the continuous development of blockchain technology, it seems that many industries If you want to have something to do with the blockchain, there is a popular saying in the world: "Whoever gets the blockchain will win the world." So is this blockchain really as amazing as everyone says? How will blockchain finally be implemented? Today, let’s first talk to you about the application practice of blockchain in the field of “e-commerce”.

First, let’s briefly review what is e-commerce? E-commerce was born in the 1990s. It is a business activity that uses information network technology as a means and commodity exchange as the center and side. We call e-commerce "EC" for short. Many people think it is the ultimate major commercial use of the Internet, so they call it an epoch-making symbol.

According to data from US market research company Forrester, by the end of 2018, China’s e-commerce market is expected to reach US$1.1 trillion, becoming the world’s first trillion-dollar e-commerce market. The report points out that by 2022, China's e-commerce market will reach US$1.8 trillion, far exceeding the United States and Japan.

With the expansion of e-commerce, it has also greatly promoted the development of logistics, customer service and other industries. But at the same time, it has also brought about many problems. According to big data from the e-commerce consumer dispute mediation platform, the number of complaint cases accepted in the first half of 2018 increased by 66.93% year-on-year, and the growth rate was much higher than in previous years.

In order to solve the pain points of e-commerce in aspects such as counterfeit goods, logistics, integrity, and supervision, major companies and platforms are also showing off their skills and tricks. The most eye-catching one is our protagonist:Blockchain. So how does it solve these problems?

First, supervise the production process of goods.

Second, trace and track the transportation of goods.

Third, guarantee product sales and after-sales service.

Fourth, protect user privacy.

The distributed e-commerce platform Bitcherry BCHC solves the platform trust crisis

Bitcherry BCHC is the world’s first distributed e-commerce platform. It is based on blockchain technology and is committed to To create a super ecology covering all aspects of clothing, food, housing and transportation. In the community ecology, all participants, such as users, merchants, super nodes, operating nodes, etc., use the token system for everyone's participation and economic sharing to open up the online and offline O2O e-commerce system, making the entire ecology healthy and autonomous. , develop healthily.

It is understood that the distributed e-commerce network has multiple payment methods, distributed sharing mechanisms, behavioral token incentives, distributed open platforms, multi-industry and multi-community access, and operating nodes around the world. , decentralized distributed business organizations, community self-propagation and ripples and other characteristics.

At present, consumer information is leaked, everyone has become a "digital labor", merchant profits are reduced, customer acquisition costs are increasing day by day, supply chain supervision is lacking, and product quality problems occur repeatedly, which is the problem for most centralized e-commerce companies. main pain points. Different from the centralized model of traditional e-commerce platforms, the underlying technology of distributed e-commerce platforms is a distributed accounting method that allows transaction data, dissemination, purchase, circulation and other behavioral data to be uploaded to the chain, making it open, transparent and non-tamperable. In distributed e-commerce based on blockchain technology, industry issues such as product traceability, logistics supervision, user evaluation and community incentives are all well-founded and well-founded. It returns data, traffic and value to the parties involved in the transaction, effectively solving the various shortcomings of centralized platforms.

To promote the implementation of blockchain in actual business scenarios, Bitcherry BCHC proposed "Blockchain 4.0"

According to the reporter's investigation, Bitcherry BCHC will adopt a two-stage implementation of "Blockchain 4.0" 4.0” target. Providing a public chain with high TPS and compatible with Ethereum smart contracts is the first phase of Bitcherry BCHC's measures to ensure the safe and efficient circulation of digital assets in the e-commerce ecosystem. In the second phase, Bitcherry BCHC will provide a large public chain environment that supports the e-commerce ecology - an e-commerce vertical blockchain network platform, allowing e-commerce operators to quickly realize digital operation transformation in the digital economy era and realize mutual cooperation in the e-commerce ecology. diversion. In addition, the reporter learned that the large public chain environment will also provide a governance structure, including investment based on smart contracts.Litigation mechanism, credit score, arbitration mechanism, etc., to prevent fraud and damage to the interests of consumers and digital asset investors, and ensure the compliance and healthy development of the e-commerce ecosystem.

In terms of technology, the Bitcherry BCHC public chain will combine blockchain and DAG technology to provide a chain network system, and the main chain will provide guarantee for the security of the entire system. Use signature algorithms, distributed storage, data operations, consensus mechanisms, message diffusion and other technologies to optimize the distributed e-commerce network architecture, and use a decentralized and non-tamperable structure to allow all participating entities in the Bitcherry BCHC ecosystem to establish a trust mechanism to achieve Second-level fast transaction verification by all parties is the main technical feature of the Bitcherry BCHC project.

G. Which e-commerce platform has blockchain technology?

For example, Liudu Chain has this technology. Their platform transactions do not require a third-party guarantee amount. Personally, I feel that the transaction risk is relatively low and the transaction is relatively transparent.

H. Future prospects of blockchain e-commerce

This development model has good prospects.
Blockchain e-commerce is widely used in the economic field. Blockchain technology has strong practical significance in cultivating new drivers of economic growth, building an honest society, improving management technology, and alleviating financing difficulties for small and medium-sized enterprises.
Blockchain e-commerce has been widely used in many different fields, such as financial services, Internet of Things and supply chain management. It has the characteristics of decentralization, immutability and high security.