“No longer do you have to worry about a centralized business dictating the rules of operation (i.e. what kinds of items you want to list, what price, where you can sell or buy from). This creates a borderless trade system that no longer is limited to corporate interests. Secondly is, as a protocol, OpenBazaar will support many types of business operations, not just direct sales or auctions (la eBay). You will be able to conduct all sorts of activities like lending, crowdfunding, crypto security issuance. The thing that makes this work, though, is our arbitration system, which uses multisignature transactions and a reputation system that is being built currently.”
Related posts:
Lawmakers Who Upheld NSA Phone Spying Received Double the Defense Industry Cash
Afghanistan’s first recorded bitcoin transaction?
NYPD’s ‘Stop and frisk’ tactics ruled unconstitutional by federal judge
Bernanke’s Bust: Median Household Income Is Lower Today Than in 2009
DC Will Tax Non-Participating Insurers To Pay For Obamacare Exchange
The Latest in Local Government Pettiness
Undocumented activist reporter arrested in Minnesota
Ron Paul: Military "Cuts" - Don't Believe the Hype
Teens say they were beaten by cops in Bronx park
Short Video: Canadian Wait Times for Surgery; America’s Future
The “Dark Side”: Secret Evidence, Illegal Searches, and Dubious Traffic Stops
Florida man cites ‘Bush doctrine’ after pre-emptive killing of neighbors
FinCEN Director Confirms IRS To Release Bitcoin Guidance
CIA Allowed To Sustain Cover-Up of Bay Of Pigs History; Reclassification Denied
Dodgeball now banned in public schools as nanny state goes insane