Remove the Middleman, Use OmniBazaar

in #omni5 years ago

omnibazaar.jpg

Developments in the world of Blockchain continue to occur. Projects linked to Blockchain continue to increase at the same rate. It is possible to see a new day-to-day project. So different sectors and different ideas began to emerge, it became impossible to follow. Moreover, all these developments coincided with the period of major corrections, especially in Bitcoin, in the crypto world. The Bitcoin price started to decline after December 24, 2017, when it peaked against the USD. While everyone's expectation for Bitcoin is different, Bitcoin has so far dropped to $ 3000.

Of course, the important part for us started here. All the crypto coins except the Bitcoin, which we call Altcoin, had a full "bear" season with the market name. And we've observed major price decreases.

However, despite all this, the world of crypto money continues to grow and expand. Although bitcoin-driven price cuts have pushed the market down to the value of the market, the ever-increasing number of crypto money continues to increase the value of the market. Today, the subject of writing is a new project, OmniBazaar. While today's shopping habits are changing in favor of e-commerce, a different perspective is being created with the blockchain.

In fact, hundreds of projects based on blockchain have been created, but I couldn't really see a shopping platform that could be used like OmniBazaar. In fact, we can simply think of a number of shopping platforms that we are familiar with. I'm talking about shopping platforms like Amazon, Ebay, AliExpress. We can give N11, GittiGidiyor and Hepsiburada examples in our samples. On all these platforms, the buyer relations are managed by the platform itself. That is, the seller publishes the goods on the platform, the buyer makes the payment to the platform and expects the seller to deliver the product to him. When the transaction is completed, the buyer receives the product and the seller receives the money from the platform. Of course, all of them on the platform that provides the share through the transaction.

OmniBazaar basically provides the same thing. On its platform, it allows sellers to list and open products. The buyer can also complete the purchase through this platform. However, unlike other shopping platforms, OmniBazaar is not included in the process as a platform. So OmniBazaar, who established the bridge between buyer and seller, leaves the next process to the approval of the blockchain. Only the commission during the wage transition remains on the OmniBazaar platform, thus reducing the amount of commission paid by the buyer and the seller.

This is a feature that only serves the shopping base. In addition, the OmniBazaar platform has already equipped the Omni Coin to be used on this platform in many ways, except for its ordinary feature. Omni Coin was created with a structure that can do 50 operations per second. The Escrows, which will serve as approvers on the platform, have a different structure. In addition, a new DEX on the platform of the transactions made on the road map of the stock market is taking place. This will integrate the use of the OmniBazaar platform with all types of crypto money.

Omni Coin, which has a total supply of 25 billion, is now available for 8.4 billion. More than 7 billion coins were left for the mining activities to continue. And also for the improvement of the platform, 2.5 billion tokens were allocated to be used in 4 years.

Project Websitesi: https://omnicoin.net

Project Twitter Page: https://twitter.com/OmniBazaar

BitcoinTalk ANN : https://bitcointalk.org/index.php?topic=4755982.0

Whitepaper: http://whitepaper.omnibazaar.com

This article has written by vycl. It is forbidden to copy without permission.

Sort:  

Congratulations @vycl987vycl! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 250 upvotes. Your next target is to reach 500 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Christmas Challenge - The party continues
Christmas Challenge - Send a gift to to your friends

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @vycl987vycl! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 900 upvotes. Your next target is to reach 1000 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Christmas Challenge - The party continues

Support SteemitBoard's project! Vote for its witness and get one more award!