There is no doubt that the internet invention is a trailblazing concept that continues to transform the way we do commerce; from cross-border e-marketplaces like Alibaba to local deliveries. Giant corporations that have embraced e-marketing are witnessing massive sales increase while the traditional local commerce continues to stagnate. So far, technology seems to be in favor of the large corporations that are in e-commerce.
At the moment, the internet is undergoing through a transformation that many experts would like to regard as a revolution under a revolution. The internet’s centralized nature is gradually taking a decentralized form with each coming day.
According to the research by a renowned multinational service company, Deloitte, blockchain technology, and dApps are growing in popularity every day, drawing closer and closer to their breakout moment as the public continue to gain information. This shift is likely to realize a massive change in the way people conduct their online business.
Decentralized Apps
Many people could be aware of the term application as it is used to relate to software; an app is a software that defines a specific purpose. At the moment, a majority of application in the market subscribe to a centralized type of model where the admin directly controls information that is shared from a single point.
In a centralized model, all other units that are in the application rely on the central unit for their functionality. Facebook, Google, Uber, and Amazon, among other apps, are some examples of apps that use this model.
A few companies and systems use the distributed model where control is spread across several points known as nodes. One of the companies that are adopting the distributed model and incorporating it to their already existing centralized model to speed up data latency and computational power is Google.
On the other hand, Decentralized applications operate with no midpoints instructing the other. Decentralized apps run on a peer-to-peer platform of PCs rather than a single machine.
Enters DVMarketplace
DVMarketplace (dvm-market.com) is a Tron-based project. Its token, DVM, is a TRC10 cryptocurrency. The main aim of DVMarketplace is to develop a decentralized international marketplace that guarantees the protection to both the seller and buyer. Due to the enormous potentials that exist in the crypto payment systems, DVMarketplace intends to create a decentralized market place that will enable individuals and businesses to gain access to international blockchain-based trading platforms.
In the present time, the relevance, role, and growth of cryptocurrency cannot be overlooked, therefore considering cryptocurrency’s proven potential in becoming the next mode of payment, it is only fair for DVM to develop a platform that will maximize on that potential.
How the DVMarketplace Works
The DVM online platform is a unique platform of its kind that is designed to allow users to buy and sell their old and new products to one another. The platform plays the role of the guarantor, ensuring transactions move smoothly and securely.
By design, the DVM platform contains a simple auction page that will allow users to sell products they think will fetch better prices on the auction page.
Also, the DVM platform contains a worldwide platform section that will enable its users to trade globally with one another with little to no hustle. For instance, a buyer in the US will be able to initiate a buying transaction from a seller in China, make the payment and receive the product without losing their money.
The transaction and currency exchange fees on the DVM platform will be minimal as it will not depend on the exchange rate of the US dollar and other cross-border affiliated taxes. Tether, which also breaths on Tron blockchain now, will be the preferred cryptocurrency on the platform.
Upon its release, the DVM platform is intended to go global with 16-countries and languages confirmed to be available on the network; the management is keen to increase the number of countries and languages on the platform every week.
The DVM platform will also offer 24-hour customer support service to users experiencing problems to ensure a smooth user experience on the decentralized peer-to-peer virtual marketplace.
Visit DVM’s Official Website: dvm-market.com
Follow DVM on Twitter: @DVMarketplace
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
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