Decentralized E-commerce - the Future or the New Norm?

Nansy Dunne
bartersmartplace
Published in
2 min readApr 1, 2021

Is Decentralized E-commerce the future or the new reality?

The concept of decentralized commerce clearly reflects the idea of ​​the Barter Smartplace project. Decentralized Commerce (DeCo) allows users to process transactions without any centralized control, which charges high fees and can also block the transactions. This is possible thanks to blockchain technology and smart contracts.

Decentralized e-commerce includes:

— Electroniс Data Interchange (EDI)

— Electronic Funds Transfer (EFT)

— E-trade

— E-cash

— E-marketing

— E-banking

— E-insurance

There are several categories that e-commerce is divided into. These classifications are:

🔹 Commercial organizations: B2B (Business-to-Business), B2C (Business-to-Consumer), B2E (Business-to-Employee), B2G (Business-to-Government), B2O (Business-to-Operator).

🔹 Consumers: C2A (Consumer-to-Administration), C2B (Consumer-to-business), C2C (Consumer-to-Consumer).

🔹 Administration: A2A (Administration-to-Administration), A2B (Administration-to-Business), A2C (Administration-to-Consumer).

🔹 Other business models: D2C (Decentralized-to-Consumer), G2B (Government-to-Business), P2P (Peer-to-Peer).

There are several disadvantages of centralized e-commerce:

— huge fees for working on trading platforms

— cases of loss of consumers’ personal data

— many platforms adhere to the principle: “We value interest over friendship”

— sellers and buyers are faced with unfair processing of the transaction and do not receive payment or goods.

Decentralized e-commerce prevents these problems due to its technological base (blockchain), the use of smart contracts, and tokenization of real goods.

Decentralized Commerce (DeCo) is our present. The Barter Smartplace platform is a decentralized exchange for all types of NFTs. Providing users with the opportunity to tokenize real and digital assets (NFT creation) and place them on the exchange for barter, auction, or direct sale for BRTR, wETH, wBTC, DAI, USDT.

Hurry up to become a member of the Barter Smartplace digital platform: sell, buy, create!

Active members of our chat are regularly provided with bonuses on the Barter Wallet Telegram Bot: t.me/barterwalletbot

Join the community: http://t.me/barterteam

Telegram wallet: http://t.me/barterwalletbot

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