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anubhavsingh

Ripple is now a Wave in e-Commerce as Blockchain Crypto Solutions

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In the recent Swell 2018 conference, former Chief Product Officer of e-Bay R.J. Pittman evaluated the eminence of Ripple and its technology in the e-Commerce industry. Per the technologist, this particular blockchain will come up as the most appropriate mechanism to address several lacunas related to payments and transactions in the industry. Pittman projected Ripple’s technology as the future of payment systems. He pointed out xCurrent and xRapid to possess the imperative traits that effective payment systems should have. Posing the emergence of a highly competitive market, Ripple based blockchain crypto solutions are believed to offer adequate features to make business streamlined in terms of financial transactions.

The fuzzy eCommerce Ecosystem

Presently, online payment methodologies in e-Commerce are struck in the bottleneck due to several critical aspects. The internet is failing to offer adequate scalability and the proper infrastructure. Growing user bases and the burgeoning transactions are making tracking and supervision of payment transactions a tough task. The existing web technologies are proven deficient, turning as obsolete methods. Blockchain crypto solutions offer a new dimension in digital payment technology. It is possible to eradicate each critical situation in the conventional system.

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