Despite the huge advancement in blockchain technology and its advantages for P2P transactions without intermediaries, there is still a gap between the adoption of cryptocurrencies in many services and in eCommerce. But this is changing as the global non-cash payment translations volume grew up to 12% in the year 2018 and the number is increasing1 . e-wallet transactions volume is estimated to be 8.6% of the non-cash transactions2 . However, Real-Time Payment (RTP) and Digital Ledger Technology (DLT) the blockchain face many challenges in terms of regulations, adoption, interoperability, and scalability. The Main interest is in cryptocurrencies is focused on holding crypto currencies, trading and exchanging. The use of crypto currencies in shopping, traveling, online payment is still limited. Online shopping is one of the services that still do not adopt crypto currencies in global shopping sites such as Amazon, eBay, and AliExpress. There are few attempts to bridge this gap such as shop2coin and Moon, but these attempts are not enough, and still limited.
The main idea of these two projects is to develop a browser extension/plugin and a digital wallet to allow users shopping at (Amazon, eBay, and AliExpress, … etc.) to show the price in crypto currencies (BTC, ETH, … etc.), the user pay to their wallet. There are other tokens that are dedicated to some sectors such as such as travel, health, games .. etc. So there are many attempts, and the world still needy for more adoption of crypto currencies in daily life transactions.
Shopereum project bridges the gap between online shopping and adoption of , by providing an eCommerce site that supports common cryptocurrencies such as BTC, ETH, LTC, DASH, XPR, ... and many others, as well as xShop token.
To encourage customers to use xShop token, a discount of 5% will be offered if they use xShop. This project is a step towards the wide adoption of cryptocurrencies. Besides that, our store accepts also fiat payment, so everyone can use it.
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