Buying and selling has always been an integral part of the human activity, this has been in existence and can be traced as far back as the beginning of civilization with the barter system, over time the world economy began to experience digitisation in every sector and with the advent of e-commerce, a lot of challenges that buyers and sellers have been experiencing in the world of commerce had come to an end. Although, in our fast-paced world today, we see that some other unchecked issues have arisen.
One of these issues include the difficulties in the survival of the lower strata of the e-commerce pyramid (the small retailers), the world of e-commerce has been experiencing a lot of evolution in recent times even as we see tremendous growth rate, this is no surprise because according to a reportwe see that where transaction value is concerned, mobile commerce grew from $50.92 billion in 2014 to $693.35 billion in 2019. And just as the internet has exposed this sector to a whole new world of possibilities, the introduction of blockchain into this sector is already making its mark in this sector like every other.
The problem we see today