Topic: eComX Corporation - CURRENT SITUATION OF THE BLOCKCHAIN FOR THE ECOMMERCE ECONOM (Read 109 times)

We believe that a blockchain enhanced for ecommerce, a crypto-ecommerce blockchain that solves the issue of interoperability and that makes parallel computing a core scalability attribute, will accommodate most of the off-chain values currently transacted in existing marketplaces as more and more physical assets are represented digitally, assets such as houses, works of art, intelligence and other valuable thing, can also become tokenized or at a minimum wrapped by a specialty token, and then, they can enter into the blockchain for processing, transferring, and proper storage.


CURRENT SITUATION OF THE BLOCKCHAIN FOR THE ECOMMERCE ECONOMY
Ecommerce activities that exist on the Internet of Values have just begun. Although some people think that blockchain for ecommerce using crypto currencies have taken off, their total value is miniscule in comparison to the 22.1 trillion USD which is the current size of the eCommerce economy. This is not even a drop in the bucket compared with the existing global ecommerce market scale.


THE eComX MASTERPLAN
First, we need to clarify that we do not expect a blockchain for the ecommerce economy will solve all the problems of centralization. Centralized organizations are important products of the evolution of human systems. They will co-exist with blockchain communities in the future and together promote the formation of the Internet of Values. The difference is that central organizations will become the main service provider of the decentralized services performed by the crypto-ecommerce blockchains.

While blockchains will become the infrastructure for the crypto-ecommerce economy, crypto-ecommerce will integrate all kinds of services and people into crypto-ecommerce activities. It is foreseeable that with the development of the crypto-ecommerce infrastructure, traditional ecommerce institutions will gradually be transformed into service providers for the surrounding services and ecommerce applications now possible with crypto-ecommerce.
The eComX blockchain will accommodate a wide range of values. This is why as part of the Internet of Values the eComX blockchain is all inclusive. eComX will not exclude all the values that can be mapped to its blockchain, and will not exclude all those people or centralized organizations who are willing to participate, and all of them will become part of the ecosystem of the Internet of Values.


eComX is being developed on the vision for an upgraded crypto-ecommerce system, a crypto-ecommerce built on the Internet of Values. While a large number of crypto-ecommerce applications can be abstracted from existing business scenarios and the requirement for the usability of the Internet of Values is not high, still, in order to create a masterplan for a truly comprehensive crypto-ecommerce, we need to address the issues of interoperability and scalability. In particular, we must solve the issue of interfacing centralized ecommerce with a decentralized ecommerce, and the issue of cross-chain data exchange, by developing new tokenized technology that can wrap objects irrelevant of their type (centralized, cross-chain, etc.) and transport them into the eComX blockchain for processing. Only then we can achieve a rich crypto-ecommerce economy.


eComX.org is a non-government organization based on the USA & Switzerland.

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