Decentralized Marketplace

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Decentralized Marketplace

What is Decentralized Marketplace?

Built on blockchain technology, a decentralized marketplace enables direct transactions between investors or dealers, cutting out intermediaries. They are accessible everywhere and don’t need middlemen to facilitate transactions. Since every trader has a copy of the exact same data and the transaction cannot be completed if the trade conditions are not met or the data is changed or damaged, nobody needs to know or trust anybody else.

Decentralized markets can lessen weak areas in systems where there may be a dependency on certain individuals, which can lead to restricted access to resources, outages, bottlenecks, or a lack of incentive systems to avoid fraud or inefficiency.


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