As online shopping is one of the commonly used online activities internationally, the global retail e-Commerce sales globally are expected to increase to about $6.55 by 2022. However, the industry is still vulnerable to fraudsters, so a great share of profits is expected to be lost due to the vulnerability.
As of now, sharing content on the Internet is quite a problematic industry. Content creators often face stealth of their work, difficulty while copyright verification, onfair royalty distribution, etc. The reason for this is the centralized nature of most content sharing platforms.
One of the largest convenience store chains, Narvesen, and Lietuvos spauda kiosks have begun trading Bitcoin vouchers in Lithuania. These coupons can be easily exchanged by customers to Bitcoin on the Internet without ID verification.
OECD developed a set of anti-money laundering methods that covers manipulations with digital currencies as well as fiat currencies. Such measures include adequate verification of customers for transactions exceeding $1,000, sanctions for legal violations, and registering the subjects that provide crypto related services.