Shulou(Shulou.com)06/01 Report--

This article is selected and translated from Medium Corporation, the mainstream western media. Reporter: Morne OLivier released Blockchain and Ecommerce | Electronic Shopping at Scale on June 11th.

Recently, the phrase "the fourth Industrial Revolution" has been mentioned all the time. So what on earth prompted people to talk about the "fourth Industrial Revolution"? There is no doubt that the blockchain and asset digitization! With the change of the payment system, how should we conduct transactions? However, this is nothing new, we have experienced and adapted from standing in the bank queue for business, and then developed to online banking, and then to mobile app. However, blockchain is no different, it's just another technical improvement that will make our transactions faster, safer, and traceable. I know that the older generation still finds the concept of blockchain a little difficult to understand. This is a very normal phenomenon.

From a general point of view, the concept of "digitization" is based on people's concerns about the future of laws and paper money. The current Internet is being rewritten into a ledger for web development, and although its influence may not have begun to take shape, it is a crazy dream for most IT practitioners.

Blockchain technology is in the stage of continuous development. as a super ledger that has not been tampered with, it has attracted the attention of the top 10 listed companies in the world, some of which have begun to study blockchain technology. some have hired relevant industry elites to build their own blockchain.

In short, if you study the world's top 50 companies, you will find that most of them are moving towards the blockchain. Does this mean that others will move towards the blockchain at the right time? The answer is yes.

Given that Amazon and Wal-Mart are next to each other in the world rankings, at 28 and 29 respectively, a large part of the blockchain needs to be used in e-commerce. The two companies have begun to explore the blockchain architecture, but it is usually in vain. As an investor, CEO or director of a company, have you ever asked yourself the following questions:

1. I have been or am involved in e-commerce business, how can I maintain compatibility with Amazon or Wal-Mart in the future?

2. Which block chain I must see first and whether it is compatible or not?

3. Will Amazon and Wal-Mart force me to do what they are doing? Or can I run my business on a separate blockchain, but not restricted?

To understand why it is necessary to build new and evolving blockchain technologies, we must study the shortcomings of old blockchain projects. Digitization of financial institutions, insurance, supply chains, governments, healthcare, the Internet of things, identity authentication, asset management and payments is taking place. This means it's time to assess your company's role in society and learn what tools to use to leap into the new world of blockchain technology.

Studying blockchain is like studying the rules of a game. If you understand the rules of the game, you will play better in the game because you understand what is possible. And therefore be able to take advantage of its standards in a very unique way.

I have seen a lot of large blockchain projects in the supply chain, which have accelerated recently because their technology is getting closer and closer to customers. This belongs to the application of block chain technology in the supply chain, but there are not many platforms developed in sub-categories such as e-commerce. In addition to the DAPP, for example, the ethernet block chain. However, the development of DAPP is restricted by the underlying blockchain technology, a poor underlying blockchain technology, even if DAPP is well developed, it is futile. Then if we want to solve this pain point, we must avoid it from the beginning of the blockchain architecture design, so as to establish a blockchain architecture suitable for the current e-commerce operation. Fortunately, such a blockchain solution has quietly arrived, and this blockchain is aBey. With the digitization of the world economy, it is clear to me that Generation Z will make it easier to buy goods through mobile encrypted wallets. If we don't put this important subcategory on the blockchain, we won't be able to get a fair e-commerce service.

ABey blockchain brings you a secure environment that allows you to shop with a trusted merchant or subsidiary approved partner in accordance with the blockchain agreement. In a follow-up article, I will discuss in depth the different aspects of the blockchain and how aBey's goal is to integrate the package to provide fair and accurate opportunities for the distribution of consumer goods and digital assets, the opportunity to generate income and to make large-scale investments as a mobile provider.

Ps, in view of the fact that some netizens will post ads in the comment area, the comment function has been blocked now. If you have any questions, please send me a private message directly.

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