Retailers are increasingly deploying cloud services solutions to realise cost savings, gain efficiency and enable scalability across numerous functions. However, while the benefits and popularity of cloud services are clear, cloud solutions are not without risks and challenges. In addition to the normal risks inherent in licensing and using technology, there are a number of issues that retailers should keep in mind when contracting for cloud services solutions.
Bitcoin has received considerable media attention in recent months as its value soared to $20,000 in December 2017, then retreated to around $9,000 in February 2018. While some investors embrace bitcoin, many members of the general public struggle to understand it. Despite the interest in cryptocurrency by investors, very few retailers and merchants accept cryptocurrency as a form of payment. Retailers and merchants appear to be taking a cautious approach.