With the creation of Bitcoin in 2009, a radical new way of making payments emerged before our eyes: with decentralized digital currencies not controlled by any government, called cryptocurrencies. Since then, the development of this new form of payment continues to be exponential, being accepted by large corporations such as Microsoft, Etsy, Twitch, PayPal, Whole Foods, and even between countries. The entry of Bitcoin as legal tender in El Salvador, along with other important projects in the crypto ecosystem, made 2021 the year when cryptocurrencies became mainstream. As a result,…
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The Rise of eCommerce in the Metaverse
The Metaverse is confusing, there’s no doubt about it. Lots of companies are throwing the term around, using it to describe what they are doing, or just trying to figure out how it fits into their business model. One thing, however, is certain. The metaverse will change the face of eCommerce and has already started doing so. What is the “Metaverse”? The term “metaverse” first appeared in the 1992 novel “Snow Crash” but recently came to mainstream popularity when Facebook announced a change in name to “Meta”. As a result…
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