Centralized marketplace platforms have the ability to provide a level of service and reliability that mainstream users have come to expect, but may also lack transparency, charge high fees, and impose rules that users may not agree with. That’s where decentralized marketplaces come in. Below we explore what they are, how they work and give some examples of decentralized marketplaces in action. 

What is a Decentralized Marketplace?

Decentralized marketplaces are what blockchains are all about. They allow people to interact and transact on a global, permission-less, and self-executing platform. Houses, hot sauce, and t-shirts can all be bought and sold without needing to trust a middleman. 

At its core, a decentralized marketplace matches buyers and sellers of goods and services. Most of the important functionality like executin

Go to Source to See Full Article
Author: Matt Hussey

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details