OPENBAZAAR ON THE RISE OF THE DECENTRALIZED MARKETPLACE
Buzz has carried OpenBazaar for months. If you’re actively crawling over Bitcoin news, you’ve probably heard of the online marketplace. In short, the developers aim to modernize the way we buy stuff online. Ebay and Amazon played their part when they sprung up to allow an entirely new way to trade online.
It’s already streamlined and pretty awesome in contrast to the inconvenient process of mail-ordering conducted previously. But OpenBazaar wants to be what the average e-commerce site isn’t – and can’t be without jettisoning its anchor to the current tech. The new marketplace allows people to trade one-on-one, without middlemen. That means no fees. And no clear-cut avenues for censorship.
This post was published at Crypto Coins News on 15/09/2014.