Will Bidium indeed surpass the name and fame of ebay and amazon when in comes to service and reliability? As i can see there are hundreds or even thousands of online market places. Sometimes i wonder which of them is a scam and which one is legit. With Bidium how are they going to compete?
Eventhough eBay and amazon gained their popularity, Bidium can surpass them. As a matter of fact, Bidium has a wide range when it comes in marketplace. Here are some factors that bidium can be the future marketplace for products and services:1. Decentralized- using the blockchain technology, buyers and sellers can connect using a P2P network, individual holds each own copy of data since all datas are stored in blockchain.
2. Transparent and reliable- since Bidium is made using Dapps, expect that fraudulent reviews and hidden costs will never exist.
3. Cryptocurrency is the trend nowadays- a lot of people are engage with crypto industry. It is possible that freelancer may change their direction leading to a better future, Bidium.
4. Secured wallet- though amazon used paypal as a means of exchange, we can't deny the fact that it can easily intercepted by hackers. Bidium uses integrated mobile wallet which is basically for receiving and sending of payments. This shows that you will be able to transfer funds for goods or services in the bid marketplace in a secured and improve wallet.
Why amazon and eBay? Bidium is just starting but all of the problems regarding to old marketplaces can solve by this decentralized platform.
1. Lack of transparency in skill evaluation- The idea of decentralized bidding platform is to improve transparency and make online bidding for goods and services more competitive.
The set of vendors are assessed and pre-qualified by the operators. The technical and commercial that usually submitted by vendors are evaluated by operators. This only shows how good are the products and services offered by the vendors because they are filtered by bidding.
2. Poor customer support- a lot of online marketplace who can't provide a better services. One factor affects the marketing is poor customer support wherein the accusation of the clients can't solve, compensate and response immediately.
3. Longer Transaction time- this is always the problem of online shop, transactions are delayed because a lot of things needed such as KYC or any identification plus slow transaction process.
4. Probability of false transaction- Another problem that affects marketplace is the inability to do business from any part of the world regardless of your physical location. Another thing I wouldn't like in online marketplace is the reliability of products. Imagine there are products I bought that are rejected or expired.
These four essential problems dealing with the online marketplace can solve buy the decentralized bidding platform, Bidium.
P.S. I am grateful on what I saw in the WP. I can understand easily the terminology.
