OpenBazaar rolls out social network

Posted 31 July, 2019

OpenBazaar OB1 platform developers have announced a new product, that will allow users to pay cryptocurrency in a mobile application. 

The company's blog post reads that the new instrument called Haven will be completely decentralized.

"Keep your data and your financial information safe when you shop, chat, and send cryptocurrencies privately using Haven. Using this one-of-a-kind peer-to-peer network means no middlemen or big companies—which means no tracking and no fees." - says on the project website.

When using Haven, users will be able to buy and sell both goods and services without intermediaries. It was noted that the application will have four different sections that can be used by customers. The focus will be made on the shopping section, though the app will also feature a chat.

The application will be available on both iOS and Android devices via OpenBazaar network. The launch is expected this week.

At the moment, the OpenBazaar team has achieved great success by now. In particular, it has recently attracted $10.5 million from several investors, and 250,000 new nodes have entered the platform since the launch date.

Jenn Cloud, head of public relations group, confirmed that the company has a fairly strong base of users and a large number of casual users, who, as a rule, also use software from time to time.

The new service will support BTC, BCH, LTC and ZEC. The company plans to add ETH in the long run.

Previous story

31 July, 2019 15:11

← Rain gets status first licensed crypto exchange in the Middle East

Bahrain's Rain platform reportedly won the first crypto license from the regulatory authority in the Middle Eastern region. The announcement was made in the company's blog on July 30. The exchange successfully obtained Crypto-Asset Module License from the Central Bank of Bahrain. Along with the license, it also managed to complete the funding round with $2.5 million investments.

Rain gets status first licensed crypto exchange in the Middle East

Next story

31 July, 2019 11:46

Oil prices continue strengthening on possible decline in US oil reserves →

On Wednesday, the benchmark brands have increased at Asian trading. The increase is reportedly driven by the signs of lower oil reserves week-on-week in the USA. Brent oil in September Futures on London ICE Futures rose in price to...

Oil prices continue strengthening on possible decline in US oil reserves
Write a comment
 
Prove you’re not a bot + 15 = 20