The industry of e-commerce has a wave of ups and downs. And the biggest hurdle that online businesses face is that the market is highly dominated by some biggest players, whereas smaller retailers have a certain scope to reach in the online space. There are fewer resources along with lesser opportunities available in the small and medium businesses. Furthermore, they also have to struggle in competition with massive players like Amazon and Walmart.
However, the other challenge the e-commerce firms and users face is that the whole industry is being managed by centralized entities. And because of this, several problems emerge such as lack of security, lack of privacy, need and cost of middlemen, limited payment options, long transaction time, and others.
The reason behind panKUKU using blockchain technology is to provide an expanded range of next-gen solutions and products, involving the panKUKU cryptocurrency-based virtual payment system. It is basically intended to resolve the multiple issues of e-commerce firms.
KUKU Shop has come up with the most advanced and powerful virtual shop on the blockchain. In order for the betterment of the e-commerce firms and to allow small & mid-size organizations across the world to digitize their offerings and sell in a properly secured way on a global platform.
There is not only the shop that enables e-commerce users /consumers to pay for their orders by utilizing cryptocurrencies under the app to any merchant anywhere across the world. However, the blockchain technology inclusion will aid to make eCommerce transactions and supply chain clear for the users.
The panKUKU ecosystem will build e-commerce into a global event by enabling several types of businesses that involve suppliers and retailers to meet on a world-level platform and sell products to customers across the world with simple and instant crypto payments.
Just by eliminating the requirement of a middle — man, the panKUKU ecosystem will assure commerce transactions are instant, safe, and cheap in cost and are managed through the users despite the interactions of third parties like banks. Also, it denies the requirement to share information of the private users with several intermediaries.
KUKUShop is a next generation eCommerce platform backed by blockchain and cryptocurrency. It is one of the many products from PanKUKU that aims to improve the user experience with cryptocurrencies. It is a fully featured eCommerce platform in the PanKUKU ecosystem.
Here KUKU is a digital currency that provides access to an ecosystem of blockchain apps and products designed specifically for the benefit of the e-commerce market and to improve the shopping experience. These include Kuku Wallet-based digital payment system, Kuku Swap, Farm, Pool, Lottery, NFT Marketplace, and others.
Through the innovative use of blockchain technology and a powerful digital payment system backed by the KUKU token, the KUKU Shop aims to enhance the user experience and provide outstanding quality services to e-commerce users. Here’s how. https://kukushop.net/
Advantages of KUKU SHOP
- Enhances Security — Blockchain-based e-commerce platform transactions are safer and more invulnerable to cyberattacks. As all the records are encrypted and public, it will be quite difficult to infiltrate or manipulate transaction records on the blockchain. And thus, users can get secured to shop virtually with proper security.
- Instant transactions — Under the blockchain, all the transactions are very instant and typically practiced in milliseconds. This aids in assuring that more transactions are executed each second and therefore, users can do more in no time.
- World wide access — The blockchain incorporation allows PanKuKu to deliver its services to people across the world. It works primarily in the nations where people are going through with certain access to the internet and online shopping facilities.
- Saves cost — With the self-regulating procedure along with streamlining, there are several e-commerce operations, PanKuKu will assist you to lower the operating cost for eCommerce trades. However, the deducted cost of transactions will ahead deduct the amount of products/services for end customers.
- Upgrade shopping procedure — In the ecosystem of PanKuKu, mediators such as banks are removed in place of smart contracts. It is a program designed to self-execute based on the conditions underlying such as auto payments. This brings automated e-commerce transactions and makes the procedure more effortless.
- Better overall customer experience — Here, blockchain aids to automate procedures, lowers transaction costs and provides fast and convenient options of payments to enhance the overall experience of e-commerce users. There would be one token for all the transactions under the ecosystem to ensure upgraded transparency and lower operating cost.
- Fast, low-cost payments — Low-cost payments are one of the most recognized blockchain benefits which everyone knows. As there have been no mediators and also the fee per transaction is lowered in the blockchain. This is how the users get to save certain money and can use cryptocurrencies on KuKu Token to pay for their virtual orders of shopping.
KUKU Shop is a revolution in the eCommerce market. It will give a completely new dimension to it. By accepting cryptocurrency as a payment option and allowing a range of products KUKU Shop will provide an unmatched shopping experience to the world.
Additionally, As can be seen above, KUKU shops are bringing some great changes into the industry with blockchain, smart contracts, cryptocurrency, and the latest technology. That will surely improve every part of eCommerce from payment to shipping, and from user data privacy to product listing. KUKU Shop is a revolution and you can be a part of it just by signing up and holding KUKU tokens.
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