# B2B eCommerce Web3 and Blockchain

Have you heard about e-commerce trendiest topics? AI is the first, and we've already discussed how it works for e-commerce with Azure Machine Learning Studio.
 
Now what? It combines e-commerce, Web3, and blockchain. Some financial organizations believe you can build your own [web3 shopping website development](https://www.suffescom.com/product/web3-ecommerce-app-development/) store or marketplace in five to ten stages. Can't everything be done online these days? Even if you realize the headline is clickbait, it can be hard to resist.

## Businesses Require Advanced E-Commerce Solutions.

Investors want to be sure their money isn't going to a fancy gizmo. So they look at what blockchain features credible e-commerce sites utilize.
 
Customers in trade and industry seek ecommerce solutions with robust B2B functionality. These features take thousands of hours to code. The company invests time and money in ecommerce back-office connectors and technical support.

## Explaining Blockchain Terminologies

Even though "blockchain" is often associated with cryptocurrency, it has other meanings. Blockchain is a decentralized list of data used to track transactions. No central authority means decentralized ledger data is more reliable. You control your data.
 
 
Web3 is "the latest phase of the internet," says Ethereum's developer. Decentralizing business using token-based economics is for a blockchain-based WWW. This allows cryptocurrency Web3 payments, in which money is moved without a financial institution.
 
Web1 and Web2 must be understood before discussing Web3. I'd enjoy some history, too. You can skip this section if you know Web1 and Web2.
 
The Internet was constrained when it tried to mimic other media. People could only view static pages of information. Therefore they were dubbed "read." This was different from today's dynamic websites, where users may do more than read emails or articles and content changes on demand.
 
Web2 appeared about 2004. "Read/write" Web2 enables users to upload and download files. Web2 haters are vocal in the media. They say it's harmful to society because you can't control what others post on Facebook or your feed. Social networking platforms make us more susceptible and disseminate false stories, exposing us.