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!

OpenBazaar, the decentralized Taobao, original Chinese text from 8btc.com

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, the decentralized Taobao, client screenshots

OpenBazaar, the decentralized Taobao, client screenshots

OpenBazaar, the decentralized Taobao, client screenshots

OpenBazaar client on Youtube

OpenBazaar, the decentralized Taobao, 8btc.com comment from HiBTCBBS

HiBTCBBS:

Logistics is key.

OpenBazaar, the decentralized Taobao, 8btc.com comment from AppExpert

AppExpert:

Seamless integration of bitcoin payments.

OpenBazaar, the decentralized Taobao, 8btc.com comment from AppExpert

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.

OpenBazaar, the decentralized Taobao, 8btc.com comment from tom-cat

tom-cat:

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

OpenBazaar, the decentralized Taobao, 8btc.com comment from lysf8

lysf8:

Lol, maybe slowly.

OpenBazaar, the decentralized Taobao, 8btc.com comment from Bitcoin Bear

比特熊 Bitcoin Bear:

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

OpenBazaar, the decentralized Taobao, 8btc.com comment from Kong Jun

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?

OpenBazaar, the decentralized Taobao, 8btc.com comment from jb9802

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.

OpenBazaar, the decentralized Taobao, 8btc.com comment from Qin de ai lian

秦的爱恋 Qin de ai lian:

Worth following.

OpenBazaar, the decentralized Taobao, 8btc.com comment from bincoin

bincoin:

The logistics providers can also run nodes.

OpenBazaar, the decentralized Taobao, 8btc.com comment from sniffer

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.

OpenBazaar, the decentralized Taobao, 8btc.com comment from xzkdds

xzkdds:

It’s just a possible direction.

OpenBazaar, the decentralized Taobao, 8btc.com comment from a1379246856

a1379246856:

Hehe, right now this thing is definitely hopeless.

OpenBazaar, the decentralized Taobao, 8btc.com comment from Smelly Dog

骚皮狗 Smelly Dog:

If it has good applications that’ll be good.

OpenBazaar, the decentralized Taobao, 8btc.com comment from IDOGE

IDOGE:

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

OpenBazaar, the decentralized Taobao, 8btc.com comment from xsssh1999

xsssh1999:

The second Jack Ma is about to be born.

OpenBazaar, the decentralized Taobao, 8btc.com comment from AppExpert

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?

OpenBazaar, the decentralized Taobao, 8btc.com comment from AppExpert

AppExpert:

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

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

OpenBazaar, the decentralized Taobao, 8btc.com comment from AppExpert

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?

OpenBazaar, the decentralized Taobao, 8btc.com comment from I Love Bitcoin

我爱比特币 I Love Bitcoin:

It’s not easy to become a Taobao.

OpenBazaar, the decentralized Taobao, 8btc.com comment from sumubaobei

sumubaobei:

Slow but sure growth then.

Word of the Day

去中心化 | Qu Zhong Xin Hua | Decentralization

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