It first began way back in 1979 when Michael Aldrich used Teletext (AKA VideoTex) — a two-way message service which revolutionized business.
In 1981 we tend to saw the primary business to business dealings with Thomson holidays from the united kingdom.
1982, Mintel (an online service accessible by phone lines), was used to make online purchases, book train tickets, chat, check stock prices etc.
1984 — the first ever shopper buys online at a Tescos store.
Jump forward to 1990 and Tim Berners-Lee created the first browser and web server.
In 1991 the Internet became commercialized and saw the birth of e-commerce.
Amazon started merchandising books on-line and capital of South Dakota Omidyar based eBay.
Both corporations square measure currently the ‘go to’ places for everything purchasable on-line throughout the globe.
Over the next few years, after witnessing the potential of a few online stores, many competitors and alternatives were created.
1997 saw the emergence of comparison sites and shortly when in 1998 Paypal was based.
In subsequent years, online commerce and shopping has become the norm and we cannot comprehend what the World would look like without it.
Although the number of online sales, products and services has exploded, nothing fundamental has changed much.
Into the now…. bring on Cryptocurrency and the blockchain.
We square measure currently seeing cryptocurrency being adopted additional wide.
Up until now mostly for investment purposes, but soon we will be able to spend cryptocurrency instead of fiat (dollar/pounds etc).
One of the biggest challenges with cryptocurrency is the ability to turn it into a spendable currency. Exchange rates, charges and taxes make it expensive and challenging to do so, often leading to it being uneconomically viable.
The vast majority of cryptocurrency holders, are holding onto their currency waiting for the day when they can use it to buy goods and services directly without the need to exchange into fiat.
The good news is that we are seeing more and more companies offering their wares to cryptocurrency holders.
As example of this is travel agents to gift voucher sellers.
Two major players in this field are TravelBlock and Zeex.
TravelBlock will offer the ability to buy holidays and travel using cryptocurrency. Due to the nature of the blockchain on which their platform will reside, they are able to offer amazing discounts even when compared to the cheapest current online agent Expedia. Savings range from 25% — 60% and you can be sure that the holiday experience will be exactly the same and use exactly the same hotels, resorts and travel providers.
Zeex can supply the flexibility to get gift vouchers with cryptocurrency then exchange them for product and repair from major partners like Amazon, Tescos, Sainbury’s, Xbox, Nike and
Adidas to name but a few.
Bearing in mind the shear inordinateness of things accessible through these retailers, you'll virtually actually use your cryptocurrency to shop for virtually something you would like in life.
Both TravelBlock and Zeex are in ICO at present, looking to live very soon.
These companies present a great investment opportunity and are backed by great teams and partners.
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