How Blockchain Technology disrupts the online marketplace?
Digital marketplace organizing millions of transactions and online networking daily are often broken with challenges such as payment delays, trust, and relevant ideas to better reach the target market. There are pitfalls even after various innovative technological advancements moving from offline to online-enabled cross-border networking. the business lacks in various factors like Trust, security lapse, and failed transactions continue to acquire the front row. Trust 1.Failure to sell if you note a reputed seller 2.No provision to digitally verify the user 3.Maintain customer commitment Security gaps 1.Develop and maintain a secure network 2.Facility to secure a vulnerability management program 3.Implement Robust access control processes 4.Periodically monitor and test networks 5.Maintain a security policy Payment glitches 1.Reducing processing and payment delays 2.Lost transactions 3.Cross-border transactions 4.Multi-currency 5.Diverse payment methods Analyzing pitfalls, industries