IDG Contributor Network: Ecommerce will be safer than ever thanks to blockchain technology

The field of ecommerce has always exhibited a tense relationship with cybersecurity.Despite its massive need for better safety measures due to the sensitive nature of the data it collects and stores, ecommerce remains an easy target for hackers. The 2014 hack of eBay, which compromised almost 150 million users’ private information, and even the Target hack in 2013 which did the same for nearly 110 million individuals, demonstrate the very real threat of an ecommerce site being hacked.For