Welcome To 'eCommerce' On Hive Blockchain! #HiveCommerce101

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Crypto adoption is imminent and every day we are seeing new blockchains & applications popping up catering to multiple domains. Buying goods & services through crypto is not a distant dream anymore but there is still a lot of scope for development & improvement. E-Commerce is a huge industry as it gives you the freedom to buy anything from the comfort of your home. The pandemic has made us realize that we need a more robust system to enable such activities and the need is ever increasing. Brick & Mortar stores failed and their businesses were destroyed due to Covid while online shopping observed a huge spike in sales. This is going to increase and improve in the future while every industry is making adjustments and changing its behavior due to the issues faced by them in 2020.

E-Commerce Is Everywhere

When you buy a good or service on the internet, it's E-commerce. In fact, the cryptocurrency arena is full of such economics and making it affordable & faster than the traditional payment services. Paypal and its baby Venmo have recently adopted Crypto checkout services because clearly there is a rising demand among users who would like to spend their hard-earned coins & tokens. E-Commerce is everywhere and the industry is booming since more & more users getting access to smartphones & thus the internet. Let's have a look at some stats of Mobile E-Commerce and its growth over the years.

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Source: https://www.statista.com/

While we are expected to reach a total o $3.56 Trillion Dollars of mobile e-commerce sales by the end of 2021, there's is still a lot of scope for 2nd & 3rd world countries who are expected to grow their number of internet users 10x or 20x in the upcoming years.

I am putting all this information to make you guys understand why we badly need Blockchain alternatives to the current centralized e-commerce giants. Why?

  1. There is a huge market that can actually provide us scope for more crypto adoption. Through E-commerce, you can actually spend your crypto to buy stuff.
  2. Both Blockchain & E-commerce involve transactions. Blockchain makes these transactions safer & faster without the need of a middleman like Amazon or Banks who charge you hefty amounts for their services. In simple terms, blockchain technology & cryptocurrency can potentially revolutionize E-Commerce for good.

Why Hive For E-Commerce?

A few days ago I had this business idea in mind which involved buying & selling of products. But I wanted to receive payments in Crypto especially in Hive & Hive Engine Tokens. Since I am a part-time freelancer, I also wanted to find a "Fiverr" like freelancing marketplace on Hive where I could publish my services and get micro projects from potential clients.

First of all, I will tell you why Hive is perfect for E-Commerce. IMO all DPoS chains are appropriate for this. You can figure out the reason by looking at this data:

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Source: https://blocktivity.info/

It shows the top 9 blockchains in terms of activity (number of operations) happening on them over the last 24 hours. Did you notice that most of them are using DPoS or DPoS 2.0. Why?

  1. They are fast
  2. They are scalable

Apart from the above two aspects, Hive has a proven track record of the development of DApps, Tokenized COmmunities & Projects around the world. This is undoubtedly the best Blockchain community out there.

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Source: https://hive.io/

Hive is just perfect to serve the E-commerce industry and take the benefit of becoming a leading chain that provides a fast, scalable, and powerful ecosystem. Anyone would love to confirm their purchase in 3s, right? How much time bitcoin payments take? LOL

On Hive, one can create a marketplace and get it to work with bare minimum cost & resources & tokenize it too through Layer 2 capabilities. This is what HiveList is doing and I cannot keep calm. Let's dive into it!

What Is HiveList?

HiveList is basically an ongoing attempt to bring E-Commerce to the blockchain. It's a product suite created & developed (@thelogicaldude) that covers all your E-commerce needs in ONE SINGLE PLACE.

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Source: https://hivelist.io/

Blockchain Classifieds

Hivelist.Org is for users to post items for sale, offer services, promote contests, post available jobs, and gigs or things that they are searching for. Apart from doing all this, one can publish blogs related to business & E-commerce to earn LIST Tokens.

LIST Token

This is the native token of the Hivelist platform, built on Hive-Engine. You can directly buy these tokens from here: https://hive-engine.com/?p=market&t=LIST. This token can be used to perform E-Commerce transactions on the platform or provide discounts and it can also be staked for earning curation rewards.

Hive Commerce Website Services

HiveList team is providing services related to management and hosting of an e-commerce website built on WordPress that will publish your blogs to Hive blockchain & have a WooCommerce store that accepts Hive, HBD, LIST, and other Hive-Engine Tokens.

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HiveList Store

HiveList Store is a recent value addition to their suite of products. This is an E-commerce Marketplace under which anyone can register as a vendor to List & Sell their products. Again, payments can be accepted in Hive & other HE Tokens. This is basically the "Amazon" of Blockchain but NOT EVIL as described by @thelogicaldude himself. You can follow these tutorials to register yourself as a vendor and list your products : 1, 2, 3.

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Amazon Of The Blockchain But Not Evil


@thelogicaldude you have my immense respect for doing so much especially in this field. I have personally worked in the E-Commerce industry for more than 2 years selling physical & digital products. It has basically changed my life so I know its value.

I feel this project is so underrated and needs more visibility. The products that HiveList Team is trying to build can totally change the game for HIVE. It's the best use-case that Hive can have and has the potential to bring millions of users who would be able to actually use their crypto for commercial activities. I am looking forward to knowing how this pans out in the future and most probably I will be availing of these services myself.

If you liked reading this post, please let me know what do you think about the crossover of the Blockchain & E-Commerce industry? Do you think Hive can become a leading blockchain to serve this market? What do you think about HiveList? Let's discuss this in the comment section. Cheers! Don't forget to upvote & reblog to support me.




https://leofinance.io/@finguru

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finguru#4062


No financial advice. For infotainment purposes only.

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Awesome write up! Thanks for the support! We are a growing project and hope to bring as much value as possible between this and the @hivehustlers community, which is where the ‘Fiverr’ style site will be built...

Thank you so much, team. You guys are doing a commendable job and I thought my readers deserve to know about you guys. Looking forward to using your services, hopefully. 🤞

Any idea when can we have Hivelist Print on Demand fulfillment started?

Also, if you guys manage to create a freelancing marketplace, then I will have something to market among my friends. It'd be so cool.

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I think it has potential and it is still in the growing stage. Also their tokens have plenty of benefits for staking such as getting COM and dividend tokens from them. One question I have is whether or not the shipping fees will be expensive since they vary depending on where you are sending your physical products.

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Shipping all depends on your product and location. As far as the products that go through our print on demand fulfillment, that is set by our vendors and is charged accordingly based on location. We have to face facts that shipping in today’s time is not cheap at all.

Other than that, each store vendor can set their own shipping fees or just build it into the price in some form or another, your choice.

I did not know they had COM Tokens too. I Will check them out, Thanks a lot J.

Regarding the shipping fees, a vendor can set this on their own depending upon the weight, dimensions, shipping class, and processing times. You also have an option to set taxes just in case of custom fees.

Check this: https://leofinance.io/@thelogicaldude/how-to-start-your-hivelist-store-part-3-adding-a-product

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Thanks for the link because I think I missed that part.

COM tokens can be used to pay for things or they can be staked to get WEED, LIST and SIM.

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I did not think of it until I saw your comment. Went to the post once again to check it. So thanks to you J.

I will check out all these tokens and see what's best for me. I always like getting Dividends though. Let's see.

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If a plan like this can get a push and become our reality some day, I believe that is real increase the activity and use case of Hive and other tokens listed in it's blockchain.

Imagine coming to hive to checkout the price of products, pay for it and have it delivered to our respective Countries. Lol

That's insane.
Projects like this will put hive on the lips of everyone.

Hey, I'm waiting for this.

I agree with you 100% @kenechukwu97. Hive is built for Ecommerce transactions and it's time we get our own Amazon like, Fiver like marketplaces to expand our horizon.

Ecommerce is evergreen and it's going anywhere, infact it is going to grow a lot in the next 4-5 years. Hive must become a pioneer blockchain in this sector.

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For me, I think, any project that is worth it and going to uplift hive should be funded, I mean afterall killer dapps will will forestall better user's experience on hive

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I agree with you @josediccus. Hive is becoming a base layer for developers & builders to establish Dapps & Communities that can attract a lot of Hive users.

We should support the development of such useful projects if we need to grow in the long run.

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Exactly, it needs all the support we can give

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Very good explanation of the HIVE List platform and e-commerce in general. There have been similar projects in the past, but I believe this one will find more success.

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Thank you so much @sgt-dan and I fully agree, these people are doing a lot and providing cool services to handhold the E-Com entrepreneurs who would want to utilize blockchain & crypto for their businesses.

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Wow! I didn't knew something like that could exist on Hive! Hopefukly it will develop greatly!


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Yeah @crazy-unicorn. It has great potential. Excited to see how this works out in the next few years.

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I think this has tremendous potential and plan to explore it for my own online business needs. Thank you for sharing.

You are most welcome @joebrochin, me too. They are providing everything related to Ecommerce and you don't need to use anything else. Quite helpful to entrepreneurs like us who would like to leverage blockchain technology for their business.

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Yeah, could be a game changer. I am accepting Hive and other crypto on my site now. This may be a multiplier.

That's so cool Joe. Are you using any particular service for that?

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Yes, I use @hivepay-io and Firepay

That's so cool. I will check out Firepay.

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Thank you so much for sharing. I was unaware of this and am definitely going to be looking into this and possibly start using instead of the evil Facebook.


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All the best @chuckrick, go ahead and checkout HiveList's website. You are going to love it. Facebook marketplace doesn't accept crypto payments yet. Not Hive for sure. 😉 So it's a good bet.

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Hive is a perfect blockchain for ecommerce and I have being waiting for this sort of news. This is big going forward, for entrepreneurs, freelancers and everyone.

This is brilliant

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Exactly @stevenson7, this is huge! Good opportunity for e-commerce businesses & freelancers to introduce crypto payments and use Blockchain Tech.

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The logged and promoted by burning 1000 LIST tokens!

Awesome. Thanks @hivelist.

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Congratulations @finguru! You received a personal badge!

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Thank you so much for sharing.