eBay, Amazon, and AliExpress control how global commerce works online. These companies set the rules and control the pricing. When consumers buy from foreign merchants, they pay bank fees and eat the
eBay, Amazon, and AliExpress control how global commerce works online. These companies set the rules and control the pricing. When consumers buy from foreign merchants, they pay bank fees and eat the cost of currency conversion.
BUY & SELL breaks this model with blockchain technology. Every participant sits as an equal on the network. No company can rewrite terms on a whim or alter the system unilaterally. Transaction records, product descriptions, and the full revision history of each listing sit on copies of the blockchain across the network. Transparent records let participants resolve disputes without friction and prevent unscrupulous sellers from exploiting the platform.
Smart contracts prevent most fraud vectors that dog current marketplaces. A buyer won't lie awake worrying over a newly registered seller who carries no reputation, because the contract locks in delivery. Sellers dodge extortion threats from manufactured bad ratings. The platform detects and flags fraudulent behavior.
BUY & SELL does more than classified ads and integrated crypto. The platform also works as an international business social network. Buyers converse with each other about specific products. Sellers connect to find business partners. The platform sifts through all this activity using Big Data analysis. A self-teaching ad engine figures out which offers appeal to each user, cutting down on clutter and surfacing only the listings someone would want to see. Sellers find their actual customers while spending less on advertising.
The platform works across all commerce types: B2B, B2C, C2C. Companies open distribution channels in new markets without bearing extra costs. Users can trade across the globe without currency exchange fees hitting their wallet. Courier services deliver goods anywhere.
Blockchain, AI, and Big Data reshape how technology works. BUY & SELL combines these three. The platform's ICO runs at buyandsell.io.
