Re:Decentralized Blockchain-Based Electronic Marketplaces
by kakarot on Monday January 15, 2018 @02:53AM
(#16149205)
For high-cost items, an escrow feature is often deemed necessary by both parties in any marketplace.
Furthermore, without an escrow feature, buyers will tend to stick to highly reputable sellers, creating a barrier for new competition and enabling price and power consolidation.
How might this be solved in a decentralized marketplace?
Furthermore, without an escrow feature, buyers will tend to stick to highly reputable sellers, creating a barrier for new competition and enabling price and power consolidation.
How might this be solved in a decentralized marketplace?