The rise of the eCommerce industry during the Pandemic has transformed the way businesses operate. Covid19 has accelerated the shift to eCommerce and digitalisation in business across various industries.
Challenges in Global eCommerce Landscape
Pandemic-Driven E-Commerce Growth and Its Operational Challenges
Demystifying The Future!
Cross Border eCommerce Digital Platform. During the pandemic, the rise of the eCommerce industry transformed the way businesses operate. Covid19 accelerated the shift to eCommerce and digitalisation in business across various industries. Due to this rise, disruptions in supply chain, logistics, & operations of eCommerce has been recorded for the intermediaries associated with eCommerce companies.
Cross border E-commerce transactions are complex and yet not adapted to new realities of e-commerce. A typical E-Commerce purchase involves various intermediaries including but not limited to Custom Authorities, Courier Companies, Clearing Authorities or agents, warehousing companies, online marketplaces & sellers, and Customer sides, etc: increasing the complexity in eCommerce transactions.
Lifecycle of a typical eCommerce transaction is mired with a number of issues such as:
Online marketplaces & sellers
face complex processes and excessive charges for export and irrecoverable paid duties. Import duties are often charged on returned items due to lack of traceability of a particular shipment at customs end. The process is paper intense and consumes a lot of time.
Customs Authorities
are challenged to ensure rapid clearance of E-commerce shipments while managing security risks, statistical analysis and efficient revenue collections.
Courier companies
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eCommerce Chain
Unlocking Transparent and Efficient E-Commerce Through Blockchain
eCommerce Chain is a blockchain network which provides a complete tamper-proof end-to-end traceable journey of e-commerce transactions, resulting in
Efficient and paperless process
No double charges
Complete transparency across all participants
Better governance & control
End-to-End Blockchain Traceability for Modern E-Commerce
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Demystifying the future is no easy task. When you are on a mission to evolve public and private sector organisations globally, you need to work with the best people around.
Through our years of innovations across multiple industries, we have developed products that can help organizations transform the world through emergent technologies. If you think you have what it takes to accelerate the next wave of technological let's connect
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