Blockchain-powered e-commerce marketplace

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Russian startup Storiqa is launching an e-commerce marketplace powered by blockchain. Storiqa states blockchain will solve a number of problems in e-commerce. Firstly, it will enable fast and cheap transactions as a multicurrency wallet will make it easier to complete cross-border payments. Blockchain will also enable safer shopping due to a smart contract system which only transfers money to a seller’s account once the item has reached its destination. In addition, there will be more transparency in terms of feedback as shoppers will only be able to review items after they’ve received them. Users can make payments on Storiqa using…

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