Blockchain classifieds

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WATCH RELATED VIDEO: How the blockchain is changing money and business - Don Tapscott

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Blockchain-based online marketplace BlacqMarket has evolved its business model to introduce a classifieds service that offers buyers and sellers protection against online scams. Introduced in April, BlacqMarket initially allowed SMMEs and established businesses to list their products and services online, including professional service providers such as plumbers, electricians, handymen, etc — helping to increase their access to earning opportunities, especially during the lockdown.

It is now expanding to target any person wishing to sell any item online, after integrating blockchain-based escrow technology called BlacqPaye, to protect the buyer and seller against online scams commonly found in classified advertising and e-commerce platforms, it notes.

Cyber fraud is witnessing an unprecedented rise across local marketplaces, with business owners telling ITWeb they have been forced to beef up security on their platforms since the onset of the pandemic. The crime trend has contributed to a lack of trust in classified advertising among many South Africans. BlacqMarket CEO Tim Hogins says the portal aims to be the platform of choice for entrepreneurs in the formal and informal economy, and for anyone selling something from a garage sale.

While currently only in SA, the broader vision is to make the marketplace available throughout the continent. SA's underperforming economic climate has seen many consumers purchasing second-hand goods versus new, resulting in online marketplaces for classified adverts becoming a breeding ground for scammers. BlacqMarket says it solves the problem of cyber crime through the escrow facility managed and controlled by blockchain technology, meaning zero human intervention, unlike the conventional escrow systems.

Local marketplaces OLX and Gumtree have introduced similar escrow payment services; however, they are not blockchain-based. Access Control. Blockchain-based marketplace ventures into classifieds.

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Results for "bitcoin" in All Categories in Canada

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A New York startup wants to take on Craigslist and eBay for local trading, encouraging its buyers and sellers to use bitcoin as much as possible. It will also provide an escrow service for more trustworthy payments and promises full refunds to buyers who change their minds. To promote its bitcoin-focused approach, the company is launching its beta service with a ' Bitcoin Picnic ' in New York City's Union Square for seven hours on Saturday 26th April. The event promises bitcoin-accepting food trucks and live music, plus a free giveaway of 1-millibit QR code tickets that can be redeemed on Corkket's site. Two of the first 1, people to sign up will receive a full 1 BTC prize. Co-founded by Yale graduates Tom Tang, YJ Dang, and Angel Beale, Corkket describes itself as "more local than eBay, more trustworthy than Craigslist" and claims it's the first local online person-to-person marketplace with fully integrated bitcoin payment processing. The system is based on escrow where Corkket holds the funds until both parties are satisfied with the deal.


Classifieds Thread 1/2022

blockchain classifieds

By Reuters 4 months ago. The video by digital artist Beeple, whose real name is Mike Winkelmann, was authenticated by blockchain. Reuters 10 months ago. Sara Okuoro 11 months ago. Data loss is reduced considerably, the reason being that the data has been inculcated in the blockchain.

This means the promotion of qualifying cryptoassets will be subject to FCA rules, in line with the same standards that other financial promotions such as stocks, shares, and insurance products are held to. However, FCA research suggests that understanding of what crypto actually is declining, suggesting that some users may not fully understand what they are buying.

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The promotion of cryptoassets will be subject to Financial Conduct Authority rules, in line with the same standards as other financial promotions. Cryptocurrency adverts will have to meet the same standards as other financial promotions, such as insurance, to help protect people from potentially misleading claims. Promotions will be brought into line with other financial advertising, ensuring they are fair and clear, and helping people to make informed decisions, the UK Government said. Under the plans, the promotion of cryptoassets will come under Financial Conduct Authority FCA rules — in line with other financial promotions, for example, stocks, shares, and insurance products. The Government said this will balance the desire to encourage innovation with the need to ensure adverts are fair, clear, and not misleading. Around 2.


Blockchain finds a home in the Pacific

Soma , the Blockchain startup that facilitates trade in classifieds, and UTRUST , a payment processing solution that enables merchants to accept multiple cryptocurrencies from buyers as payment methods while receiving in fiat money, announced a partnership to upgrade the classifieds business model. We will both benefit from this fruitful partnership and we are excited to begin this collaboration as a long-term union between two innovative concepts. This partnership will create an entirely new breed of C2C business models. In harmony with the decentralized model, consumers will trade their goods on Soma, not through middlemen, brokers and corporations, but through mass engagement and ingenious code. Soma and UTRUST will abolish unfair and incorrect trading fees, thus providing a just proportion of profits among its community. This partnership will usher the era of decentralized social wealth and create a digital marketplace that will rival with the likes of eBay and Amazon. Blockchain News is a publisher of news, opinion, crypto and job opportunities in the blockchain innovation sector.

While blockchain technology and its most infamous application Bitcoin has been snapping up headlines as the world's cutting-edge technology.

Corkket.com Takes on eBay and Craigslist With Local Bitcoin Classifieds

The blockchain is a shared ledger maintained by a network of users connected to it. Given the fact that it is encrypted , information is only accessible to users with the ability to decrypt it. Each block is labeled with an identification called a hash which is generated by the preceding block.


Blockchain KYC Startup Raises $1.6 Million in Seed Funding

The cryptocurrency industry is hailing the emergence of complex bitcoin investment products as a needed step to attract new investors while lending credibility to the digital asset and building a pathway to regulatory clarity. Futures represent an agreement to exchange a good for an agreed-upon payment at a later date. Futures have long been used by buyers and sellers to protect themselves from sudden swings in a market. The bitcoin futures that launched in trade through regulated exchanges and clearinghouses. Physically delivered futures differ from cash-settled ones, in which money, rather than cryptocurrency, changes hands. And there have been accusations that bitcoin markets are heavily manipulated by participants.

Before Gumtree, Ebay and Craigslist, classified boards were mostly made of cork or paper. There were classifieds boards in school corridors, newspapers, streetlights, storefronts.

Amazon Posts Crypto Job Listing, Bitcoin Skyrockets

Many farmers are investing in new technologies that can help increase production and efficiency at farm level, but the uptake of digital trading technology has been slower. As a result, farmers are losing out on the opportunity to increase their share of profit earned along the agricultural value chain. Various sectors, such as farm power and equipment, plant and animal breeding, fertilisers, animal feeding and disease control, have successfully adapted to a world where population growth and consumerism are rapidly increasing. The rest was spent on sowing, distribution and all stages in between. Farm productivity has soared in recent decades thanks to intelligent machinery, automated packing houses, farm drones, efficient water systems, and robotic scarecrows, amongst others.

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