Blockchain for Commerce

Blockchain for commerce can transform your commerce store into a highly secure ecosystem. Our blockchain solution streamlines operations, ensures transparency, and improves customer trust.

trust-pilot

4.9

380+ trustpilot reviews

15.5k+

Github stars

114K+

Github downloads

30+

Trusted Solution partners
pie

Lighthouse Score

Performance benchmarking report

Customer Success Story

souqlg

FTNFT: Armenian NFT Blockchain Marketplace Powered by Bagisto

FTNFT, an Armenian blockchain marketplace for NFTs, employs the Bagisto Multi-Vendor Marketplace extension to cater to vendor needs and improve its platform.

Femto Scientific

Femto Scientific : USA Scientific Equipment Store Grew Online with Bagisto

Femto Scientific of New Jersey launched its online laboratory equipment store using Bagisto’s framework.

Saleko

Saleko – Empowering Nigerian Online Marketplace with Bagisto

Explore how Saleko leveraged Bagisto’s features and extensions to build and enhance their online presence.

What exactly is Blockchain Technology?

Blockchain is a digital ledger as it runs on a digital platform used for recording transactions and tracking the assets within the network, which is based on decentralized and cryptographic hashing.

We can say that blockchain is the kind of chain-type structure in which the data is stored in multiple blocks and each block has three elements, called nodes, peers, or miners.

The major task of blockchain is to validate and transmit the transaction data, thus eliminating the need for regulators or intermediaries.

Fraud Activities

Fraud Activities

As there is inception in Commerce, hackers are trying to steal confidential information. Many users are raising this concern to the Commerce websites.

International Payments

International Payments

There are still many issues that arise during international payments, also it takes time in legal documents, invoices, etc.

Cyber Data Security

Cyber Data and Security

One of the biggest challenges in Commerce is data breaches and data security. Hackers are trying to damage the confidential information of retailers and brands.

Use case of Blockchain in E-Commerce

Integrating Blockchain for Commerce and multi-vendor marketplace helps businesses a lot in managing the supply chain, avoiding fraud, and reducing costs.

Customers will also get better control of privacy, avoid spam messages, and high-quality customer feedback.

Inventory management

In the inventory management system blockchain technologies can be used to leverage the stock, inventory, and logistics costs.

Blockchain commerce prevent price fluctuation due to misinformation or intentional attempts to change the price or supply terms.

Inventory management
Smart Contracts

Smart Contracts

Blockchain’s main feature is a smart contract, which is based on public and private keys and verifies the digital signature.

With smart contact, you can avoid etiquette without compromising your privacy and security.

Use Bagisto’s blockchain to ensure compliance and enhance the efficiency of your eCommerce operations.

Security and Fraud Prevention

Fraud prevention is the main aim of using blockchain commerce as it prevents the merchants from the chargeback frauds that are common in this business.

With Bagisto’s blockchain solutions, you can keep transactions safe and protect your online store from fraud or threats.

Security Fraud Prevention
Decentralized Data

Decentralized Data

Blockchain technology is based on a decentralized database. It is not owned by any third party only retailers and consumers can control transactions in the payment system.

Bagisto’s blockchain integration gives you complete control over your eCommerce transactions and removes the need for middlemen.

Supply Chain Management

Blockchain commerce enhanced product traceability and transparency in the supply chain. Now commerce companies can ensure that vendors are fulfilling their criteria.

Bagisto’s blockchain solutions let you easily add supply chain tracking to your online store, ensuring trust and transparency at every step.

Supply Chain Management

How has Blockchain revolutionized the Commerce industry?

Blockchain for commerce is well known for its security that provides the Commerce sector with extra layers of security.

traceable-supply-chains

Traceable Supply Chains

Using blockchain commerce, shop managers can track the products that are on the way and when they will arrive.

Generate Genuine Reviews

Generate Genuine Reviews

Blockchain for Commerce can help online store owners to verify customer reviews of their products or services.

Loyalty Program and Offers

Customer’s Data Security

Blockchain commerce provides the highest level of data security to commerce database management.

Customer’s Data Security

Loyalty Program and Offers

Retailers can easily give redeemable e-Commerce reward points to the customers, using blockchain technology.

What our customer says

We are using Bagisto & Laravel eCommerce multi company module, which is top notch software as a service solution, with pretty decent theme, a wonderful admin panel & provides ease of access. The best part is their on time friendly support with detailed documentation for the developers. I am happy with their best in class service.

Infiflex
Infiflex
Industry – IT and Cloud Computing
India
Rajib Dey

Rajib Dey

Solution Associate

Frequently Asked Questions

How does blockchain improve trust between buyers and sellers in online commerce?

Blockchain’s decentralized and immutable ledger system provides transparent transaction records that are verified by all network participants. This reduces the reliance on intermediaries and builds trust through verifiable data.

Can blockchain commerce help in supply chain management for eCommerce?

Yes, Blockchain commerce enables end-to-end visibility in the supply chain, allowing businesses to track products from origin to final delivery. This improves accountability, reduces delays, and ensures authenticity, particularly for high-value or perishable goods.

How secure are blockchain transactions compared to traditional eCommerce transactions?

Blockchain transactions use advanced cryptographic techniques and decentralized networks to secure data, making them highly resistant to fraud and unauthorized access compared to centralized databases in traditional systems.

Is blockchain technology compatible with existing eCommerce platforms like Bagisto?

Yes, blockchain can be integrated with platforms like Bagisto to support features like cryptocurrency payments, smart contracts, and enhanced data security, providing a more robust and future-ready commerce environment.

What kind of support does Bagisto offer for integrating blockchain technology?

Bagisto provides extensive support for blockchain integration, including guidance on setting up blockchain-based payment gateways, managing smart contracts, and configuring secure data management solutions. Our team also offers custom blockchain for commerce development services to ensure seamless integration with existing eCommerce features, along with ongoing maintenance to keep your blockchain solutions optimized and secure.

Contribution to Open Web

Webkul is Open Source giant and continuously contributes to the open web with a blaze. We wish you to join the community to make this framework more stable.

Start a Project




    Message Sent!

    If you have more details or questions, you can reply to the received confirmation email.

    Back to Home