INTRODUCTION
Global marketplace better known as eCommerce has come a long way since its inception from the B2B community starting to share documents over the internet in the past to the $279 billion online retail industry we have today. We are constantly looking forward to where digital will take us next, so we thought we’d stop and take a look at how far eCommerce has already come.
The emergence of eCommerce is widely credited with changing the way that suppliers sell and consumers buy. In many ways, ecommerce served to level the commerce playing field by allowing suppliers anywhere to connect with buyers anywhere. However, that promise of global commerce never fully materialized as eCommerce sales centralized into the hands of a few large online storefronts like Ebay, Amazon and Alibaba.
Centralization of eCommerce has come a shift from browse-centric to search-centric shopping. Consumers explore less and less as part of their shopping experience, instead relying on filters and sorting algorithms to help them make a purchase decision. The serendipity and joy of discovery have been replaced with an online catalog of millions of products and a search box.
In the centralized ecommerce world, consumers struggle with too much choice and suppliers struggle to be seen. There are attempts to improve the ecommerce experience through personalization and curated shopping. The personal style approach of Stitch Fix, the handmade nature of Etsy, and the social commerce enabled by Pinterest are all examples of this in action. However, these attempts have not had huge success. To make things worse, the bigger that centralized ecommerce storefronts get, the more suppliers they attract and the worse the shopping experience becomes. The success of centralized ecommerce to reach scale creates a problem that centralized ecommerce cannot solve. I'm glad to introduce UBCOIN MARKETPLACE to you my reader,s one of the trending eCommerce platform that's well decentralized and accepts cryptocurrency as a mode of its exchange.
UBCOIN MARKETPLACE ECOMMERCE PLATFORM
Ubcoin marketplace aims to empower consumers around the world to invest in crypto and to enjoy the purchasing power of their crypto investments by creating a Ubcoin digital marketplace where they can freely and securely buy and sell goods in exchange for cryptocurrency. What prompt Ubcoin marketplace to bring this cryptocurrency as a mean of exchange is as a result of the following reasons below;
Many people want a simple and safe way to obtain a stake in cryptocurrency, but do not know how. They are not miners, not speculators, just individuals who see added value in investing in cryptocurrency. The number of cryptocurrency owners is projected to increase from a current 22 million to over 200 million by 2020.
Yet these same people are very comfortable with buying and selling on Ebay, Amazon, WeChat, Etsy, Taobao and the like. In 2016, marketplaces accounted for 44% of the world’s $2.44 trillion spent online in 2016.
Cryptocurrency wallets are primarily concentrated on mobile devices, with over 65% of wallets being mobile. Global smartphone penetration is projected to reach 37% by 2020.
Global population of digital buyers will surpass 2 billion people by 2020.
Base on the four reasons combined in the global mobile marketplace will allow people to easily become owners of cryptocurrency by selling goods and also, spend their cryptocurrency wealth by purchasing real world goods on Ubcoin marketplace platform.
UBCOIN MARKETPLACE TOKEN (UBC) ANALYSIS
CONCLUSION
In conclusion, Ubcoin Marketplace is a logical and exciting next business endeavor with the vision to improve the mass consumer experience by delivering a universal global marketplace or eCommerce where goods and services meet cryptocurrency. Utility and investment potential in one convenient quality product. To know more about this amazing project, the links below will be of help.
Website: https://ubcoin.io
Whitepaper: https://doc.ubcoin.io/whitepaper.pdf?v1
Twitter: https://twitter.com/ubcoin
Facebook: https://web.facebook.com/Ubcoin-838741126308809/?_rdc=1&_rdr
Telegram: https://t.me/ubcoin
Medium: https://medium.com/@ubcoin
Writer bitcointalk username: lumibaba
Writer bitcointalk address: https://bitcointalk.org/index.php?action=profile;u=2151502
Eth wallet address: 0x83b1556667E1A776Db4Eb9e9373c5Ea1F3308a24