New E-commerce platform coming to India next year

Vakhtang Abuladze
2 min readDec 4, 2017

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Bazista is the next generation trading platform that will launch next year in India, one of the fastest developing online commerce market with the great potential still waiting to be unleashed. At the same time India accounts for the largest share of global unbanked population with millions of small and micro businesses left on the sidewalks of the trend. Some of the merchants there turn to micro finance service, sometimes ending ripped off.

Bazista is looking to use only decentralized money as a payment instrument, seeing it as a way to overcome key barriers for a broader ecom distribution within the developing markets:

- Unbanked businesses will be able to get on easily by simply getting a decentralized money wallet. Bazista will integrate over 5 key decentralized currencies during the first operational year

- Commissions will much more attractive than those charged by traditional marketplaces. Maximum commission will be only 4% and can be lowered further once you deposit a certain amount of Bazista own tokens

- Decentralized payments will be fully transparent contributing to the security of both buyers and sellers. While traditional marketplaces do all to make the buyers feel comfortable, they often to protect sellers rights. Open blockchain protocol will insure that any possible conflict situation will be honestly settled down and forget about any hidden commissions as well

- Integration of multiple currencies will contribute to the broader usage of decentralized money in the real economy sector driving real value versus inert investment operations.

- Finally Bazista will allow to earn decentralized money by either recruiting new users or the helping the sellers to find a relevant customer. That’s a unique new way to earn Bitcoin, Ether or BZS owned tokens different from means like mining and exchanging.

On the 16th of December Bazista will be presented officially presented in India welcoming first merchants to join on a very attractive basis as all early adopters will be rewarded with a 12-month commission free period.

Bazista ICO starts on the 4th of December 2017 and will last untl the 2nd of January 2018.

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