In my previous two articles, we reviewed 1) that Bitcoin and Ripple each took the concept of “blockchain” and implemented it differently to fit the needs and requirements of their respective applications, and 2) that Zilliqa significantly boosts transaction rates through the use of sharding.
Now, we will look at an example of the range of blockchain implementation variation driven by application purpose. We will consider the impact of the blockchain concept to mobile payments.
Mobile payments currently require users’ digital identity and payment information to be stored in centralized databases making them vulnerable to attack. Blockchain-p...
The commerce landscape is changing as new technologies become mainstream. Today’s method of commerce is quickly becoming outdated. One way that is clearly in evidence is the move from brick-and-mortar to e-commerce platforms and mobile technologies.
Shoppers are doing more of their shopping through mobile applications, even when standing in the brick and mortar establishment. Business Insider reports that last year “more people made purchases from their smartphones than ever before—2017 will go down as the year,” said reporter Dennis Green, “shoppers finally discovered their smartphones.”