OpenBazaar Goes Live – Releases Distributed Marketplace

default
ADVERTISEMENTSBlockchain Expo North America 2019
Evident
global
Token Agency

Share with:


OpenBazaar – the decentralized marketplace that uses Bitcoin – is now open for business.

advertisementToken Agency

Today, the core developers of OpenBazaar released the first version of their peer-to-peer marketplace. Project leader Brian Hoffman stated:

“Trade was meant to be free. This idea inspired us to spend the last two years building OpenBazaar. Starting today, anyone in the world with access to an Internet connection can use Bitcoin and OpenBazaar to exchange goods and services freely. We can’t wait to see how people will use this tool.”

Unlike the online marketplace giants Alibaba, Amazon, or eBay, this new model of online commerce isn’t controlled by any company or organization. OpenBazaar is a fully peer-to-peer marketplace where buyers and sellers engage in trade directly with each other. Because there are no middleman in the trade, users don’t pay any fees to use the network, and there are no terms and conditions to sign. OpenBazaar is permissionless trade. There are also no central authorities that act as gatekeepers and restrict trade.

OpenBazaar launched a test version of their software March 1st, and saw more than 25,000 downloads from 126 countries. Users posted more than 3,000 listings to test out the software in preparation for the public release.

In 2015, the OpenBazaar core-developers received funding from Union Square Ventures, Andreessen-Horowitz, and angel investor William Mougayar to form a company, enabling full-time development of the protocol and software. The company, named ‘OB1’, will continue releasing improved versions of the software over the coming months, and will begin offering services to users on the network.

Users who want to join OpenBazaar can download the program for free on the OpenBazaar website.

Follow OpenBazaar on Twitter, Reddit, GitHub, and on their Blog.

Share with:


About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles
advertisements
Blockchain Partners

Token Agency
global
Tymlez
Blockchain Expo North America 2019
Ammbr Blockchain Technology

This site uses Akismet to reduce spam. Learn how your comment data is processed.