How do you position yourself, as a platform where a seller and a buyer just communicate with each other and then it is out of your jurisdiction or you are market platform like Amazon, where a seller and a buyer do no communicate at all but the platform do everything for them?
Thanks for the good one!
Actually, seller and buyer will be communicating directly, but Market Space as a trading platform will also be a part of the process providing for several useful features listed below:
- Gem4me Market Spaces blockchain solution ensures that transactions are secure, and creates a universal verification system wherein users can access all available stores safely after using KYC verification. All payment transactions (in physical and online payments) are carried out via, and stored on the blockchain. As a result, getting proof-of-payment is always possible, ensuring transparency.
- Another key feature of the platform is a built-in escrow system that doesnt release funds until a product is received. This means that merchants only receive funds after a customer has verifiably received their product, adding another layer of security to Gem4me Market Space.
- The blockchain-distributed feedback system that lets you leave indelible, tamper-proof feedback, making Gem4me Market Space merchants transparent and rewarding excellent customers and merchants. This way, the platform and the users in it are optimized for fair competition, while the risk of fraud is minimized.