The industry in which the suppliers and retailers sell their products online is known as E-commerce. This industry has opened doors for company who are willing to attract maximum sales by posting product information and advertisements on online platforms. E-commerce world is not limited to products, but it also comprises of services offered online by companies. Payment system has always been a major obstacle in the progress of the E-commerce industry. The reason behind this is that most of the online money transaction mediums are not secure. Therefore people hesitate to risk their money in shopping for products online. To remove this obstacle the first crypto currency Bitcoin was invented in 2009, which is still fairly popular in the E-commerce industry. It is used for online money transaction across the globe and is proved to be quite secure.
Bitcoin is an e-Currency which has transformed the E-commerce world and made online monetary transaction secure and hassle free. It was invented by Satoshi Nakamoto and is the open source software, which is used for online monetary transaction. The individuals and organizations which use it for making money transaction have to first make an account online, which can easily access be operated with the help of a smart phones, computers and laptop from any corner of the world. Apart from Bitcoin, there are many more digital currency variants in market and developers are coming up with new ideas to appreciate the value of money, which people invest in using them. Digital currency has been a major revolution in the E-commerce world and experts predict that it will bring many positive changes in the modern online marketplace.
Bitcoin is an e-Currency which has transformed the E-commerce world and made online monetary transaction secure and hassle free. It was invented by Satoshi Nakamoto and is the open source software, which is used for online monetary transaction. The individuals and organizations which use it for making money transaction have to first make an account online, which can easily access be operated with the help of a smart phones, computers and laptop from any corner of the world. Apart from Bitcoin, there are many more digital currency variants in market and developers are coming up with new ideas to appreciate the value of money, which people invest in using them. Digital currency has been a major revolution in the E-commerce world and experts predict that it will bring many positive changes in the modern online marketplace.