Decentralized Marketplaces

Decentralized marketplaces are very new to ecommerce and represent a huge shift from traditional online marketplaces like Amazon, eBay, Etsy and others. Rather than being controlled by one central authority, decentralized marketplaces are truly peer-to-peer platforms.

In traditional marketplaces, a central authority can choose to exclude or include sellers and buyers as desired. Powered by new blockchain and cryptocurrency technologies, decentralized marketplaces do not even the ability to restrict access or choose what is sold on the platform.

Currently, OpenBazaar is leading the way in this new style of blockchain ecommerce. There are other projects in the works now and we’ll continue to track new developments¬†on our blog, as well as get hands-on experience on some of the leading platforms.

If you have experience as a buyer or seller on any decentralized marketplaces, or just have a question about any of these new platforms, be sure to leave a comment or get in touch with us.

OpenBazaar considers P2P crypto trading

OpenBazaar considers P2P crypto trading

In a recent post on the OpenBazaar blog, they proposed the idea of allowing users to trade cryptocurrency on the platform....

Problems with centralized marketplaces

Problems with centralized marketplaces

Decentralized marketplaces aren’t ready for widespread adoption yet, but there are reasons that the status quo may not stand. There...

Will decentralized marketplaces replace existing platforms or create new platforms

Will decentralized marketplaces replace existing platforms or create new platforms?

Perhaps decentralized marketplaces will result in new types of marketplaces rather than replacing current marketplaces. From August 2017, in the...

ob1 raises 5 million go grow openbazaar decentralized marketplace

OB1 raises $5 million to Grow OpenBazaar

OB1, the development company behind OpenBazaar, has raised another $5 million to grow their decentralized marketplace

Anonymous Transactions and Potential for Abuse

Anonymous Transactions and Potential for Abuse

Decentralized marketplace OpenBazaar allows for anonymous transactions. How big is the potential for abuse for illegal activities? Silk Road 2.0?

is openbazaar the future of ecommerce

Is OpenBazaar the future of ecommerce?

Is OpenBazaar the future of ecommerce? A decentralized marketplace may be the answer to the problems with marketplaces like Shopify. There's a long way to go and a huge opportunity. Check out what CEO Brian Armstrong had to say in an interview in late 2017.