Ecommerce Business

E-commerce is the short form of electronic commerce. It is the buying and selling of merchandise over internet networks. It also involves the transfer of funds and the keeping of records to certify the transactions made. E-commerce is of three types; business-to-consumer (B2C), business-to-business (B2B), and business-to-government (B2G). The main reason for using cryptocurrencies in e-commerce is to eliminate third parties controlling the transactions. In addition, this relationship can make online shopping much easier and safer since blockchain technology that backs up cryptocurrencies is safe from…