Blockchain will change the eCommerce industry as it will finance and the projects bringing this to fruition coin it 'deCommerce'
If done properly, tokenizing this industry onto the Blockchain allows for many different benefits including: smaller fees from centralized 3rd parties, decentralizing 3rd party arbitration to participating users, improved affiliate marketing programs, increased asset liquidity, and even trust-less asset sharing.
The global retail eCommerce market is about a $1.95 Trillion market - $453 Billion in the US alone. Of that number, non Amazon US eCommerce is a $254 Billion market, a widely serviceable market.
Spl.yt/ is building the necessary infrastructure layer for this to be achieved, and I invite you to read the whitepaper
https://spl.yt/Documents/splyt-whitepaper.pdf and provide any comments or questions on the project and its direction.
These articles below highlight the interest for bringing Blockchain to the eCommerce industry, however they also show how early stage we are in terms of Blockchain adoption as many big name companies are testing the space with their private chains - similar to the use of intranets during the mid-90's:
https://bitcoinmagazine.com/articles/chinese-e-commerce-giant-jdcom-launches-blockchain-accelerator/https://cointelegraph.com/news/japanese-e-commerce-giant-rakuten-to-launch-its-own-cryptocurrencySpl.yt on the contrary, is a public, open source infrastructure layer that uses smart contract protocols to set the stage for the deCommerce ecosystem.
I'll post updates and announcements here as they come, but will be looking for fruitful discussion. Say hi to our team on our telegram:
https://t.me/splyt