Category: E-Commerce

Metaverse could be worth $5 trillion by 2030: McKinsey report

June 16, 2022

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Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company.  Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed current adoption trends and drew additional insight from two global surveys; one gathered data from 3,104 consumers across 11 countries, […]

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‘The industry will need to have dynamic NFTs,’ says Vivid Labs CEO Halsey Minor

February 17, 2022

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Is 2022 the year of NFTs that can evolve and change over time or should NFT data be immutable? 1739 Total views 32 Total shares Cointelegraph spoke about the nonfungible token, or NFT, market with Halsey Minor, CEO of the NFT publishing platform provider Vivid Labs. Vivid Labs offers the VIVID NFT platform that allows […]

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Alibaba to ban crypto miner sales amid Chinese crackdown

September 28, 2021

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Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties. 50 Total views 1 Total shares Chinese e-commerce giant Alibaba is the next company to wrap its cryptocurrency-related services in response to the ongoing crypto crackdown in China. Alibaba officially announced Monday that its platform will […]

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Chinese online retail giant JD.com adopts digital yuan for salary payments

April 26, 2021

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Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency. 3580 Total views 34 Total shares JD.com has been using China’s Digital Currency Electronic Payment, or DCEP, system to pay the salaries of some employees since January. The e-commerce firm revealed the news on Sunday while announcing its participation in the […]

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How DeFi can improve the e-commerce sector

November 18, 2020

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Decentralized finance and shopping seem like an unusual combination at first. How can liquidity pools help you save money at the till? But scratch a little deeper and some compelling use cases for DeFi emerge. With the retail sector suffering through one of the most challenging times seen in a generation, here are the main […]

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