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OpenBazaar is a P2P marketplace that eliminates the middleman, now open for business

Written by TechBug

A new e-commerce platform known as OpenBazaar has exited its extended test phase and is open for business. Unlike the Amazons, eBays and Alibabas of the world, OpenBazaar offers a decentralized network for peer-to-peer commerce which is free of “restrictive” policies and fees, among other things.

As explained on the OpenBazaar blog, the service eliminates a centralized entity and puts buyers and sellers in direct contact with each other. There are no accounts to create and you only reveal as much personal information as you’re comfortable sharing (or that’s needed for shipping purposes).

The nature of the service means there’s no trove of user data for hackers to steal which has to be worth something, right?

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