Blockchain-based marketplaces enjoy several advantages over behemoths such as Amazon, Ebay, Alibaba. Shared Hosting.
17 May 2023, 06:34
Blockchain-based marketplaces enjoy several advantages over behemoths such as Amazon, Ebay, Alibaba 🏪
📌Shared Hosting
Decentralization helps to increase the stability of the platform against DDoS attacks. It also protects the confidentiality of transactions, while simultaneously speeding up the process.
📌Flexible terms
Platform owners will be able to set any desired placement conditions for manufacturers and sellers, since there are no intermediaries imposing blanket rules.
📌Prices below market level
Marketplaces on the blockchain will be able to offer both producers and sellers prices below market rates; prices for consumers can also be lower than on centralized sites.
📌Transparency of transactions in the blockchain
The entire transaction chain is duplicated and stored unchanged in encrypted form by each participant; it cannot be faked or changed.
Cellframe Network is ideal for creating user-friendly and secure solutions for marketplaces.
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