BitcoinZH Introduction: As the OpenBazaar project gathers momentum, the rise of a threat to Taobao, the world's biggest e-commerce platform, begins to feel tangible.

Jack Ma will be weeping. The decentralized Taobao, Openbazaar, is in beta release!

The decentralized Taobao, Openbazaar will be among Bitcoin’s first killer apps, if not the first.

A look at the video of the beta edition shows the client is already very complete, with product uploads, payments, delivery address and more. Everything you need…

OpenBazaar client on Youtube

HiBTCBBS:

Logistics is key.

AppExpert:

Seamless integration of bitcoin payments.

AppExpert:

“Logistics is key.”

This factor is beyond Bitcoin.

The key is to truly allow buyers and sellers to communicate. Quit wasting time, learn how to open a store, become an OpenBazaar merchant and decorate your store.

tom-cat:

It’s been selected as one of ten major investment opportunities.

lysf8:

Lol, maybe slowly.

比特熊 Bitcoin Bear:

I think this isn’t bad, if it has good applications that’ll be cool. Bump!

空军 Air Force:

What I want to know is how counterfeits, returns, fake reviews and logistics are agreed. Since it’s decentralized, where does the trust come from to go transact with a counterparty? Also, what advantages does it have over Taobao?

JB9802:

Seems there’s still no official release then. This project has been ongoing for one or two years now, I don’t know if there’s a Chinese version.

秦的爱恋 Qin de ai lian:

Worth following.

bincoin:

The logistics providers can also run nodes.

sniffer:

“Seems there’s still no official release then. This project has been ongoing for one or two years now, I don’t know if there’s a Chinese version.”

You can sell drugs on it, it’ll be blocked by the Great Firewall.

xzkdds:

It’s just a possible direction.

a1379246856:

Hehe, right now this thing is definitely hopeless.

骚皮狗 Smelly Dog:

If it has good applications that’ll be good.

IDOGE:

If it has good applications, Taobao can just upgrade to include these features, the technology isn’t a problem.

xsssh1999:

The second Jack Ma is about to be born.

AppExpert:

“If it has good applications, Taobao can just upgrade to include these features, the technology isn’t a problem.”

At the end of day, Taobao is centralized. Will you just put up with the endless fees?

AppExpert:

“Hehe, right now this thing is definitely hopeless.”

Why would you say that? Because it’s not fully developed?

AppExpert:

“What I want to know is how counterfeits, returns, fake reviews and logistics are agreed. Since it’s decentralized, where does the trust come from to go transact with a counterparty? Also, what advantages does it have over Taobao?”

Couldn’t these applications use smart contracts? I’m not too clear on the specifics either. The merchants should already have been in touch with the logistics providers. When Taobao just came out, didn’t Jack Ma also let staff list and sell items?

我爱比特币 I Love Bitcoin:

It’s not easy to become a Taobao.

sumubaobei:

Slow but sure growth then.

Word of the Day 去中心化 | Qu Zhong Xin Hua | Decentralization

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