Since I first heard about Bazista around two months ago, I have been researching online and been talking to the team in Telegram and got a great understanding of what they are trying to do. It took me a while before I understood how big this could be, and I am excited to see how this will be when they have finished the platform completely.
For generations people have been trading items such as furniture and food and they also traded services like building houses, doing farm work etc. As the human race developed new tools, the wheel, the electricity, the light bulb, the phone and so on, the market also evolved into more modern ways of trading by exchanging cash. But when the Internet got invented and started to spread all over the world and got more and more popular, they saw a real demand of electronic cash and the bank systems created debit and credit cards, and now most of our money is stored digitally in the banks accounts. But as the technology evolved, people started thinking about more decentralized ways of using and transferring money and a guy named satoshi invented the blockchain technology when creating the Bitcoin.
The blockchain technology has made it possible to create decentralized marketplaces and that is what Bazista is trying to do There are a lot of unbanked people in the world and by using cryptocurrencies Bazista will help them be able to use the market place without even having and bank account, just like a free market should be.
Through the Bazista platform users can sell and buy products from all over the world. You can also use the Bazista 3D and Virtual technology to see if the product you want to buy will fit into your house, your garden or in your car. They are also planning to implement artificial intelligence to improve the marketplace experience. On the Bazista platform you can trade with several different cryptocurrencies, but you get lower fees if you use the Bazista token.
The Bazista platform is still in alpha version, and with the funds raised from the ICO they have enough money to complete the development of the platform and app, and also to market their platform. The main target for Bazista is to enter the Indian market because of all of the unbanked people, but also because of cheaper items to sell to their users through the platform. When the Bazista team presented their vision and product on an Indian conference they got a really great feedback which gave them a nice boost. The Indian people expressed their interest in being part of this revolution Bazista presents.
Bazista has already partnered with Velix.ID and the Cypto Investment Fund which will help them to reach their roadmap plans.
I am thinking that if Bazista reaches their goals, it can be a really successful platform which will be used by millions of people, especially because a lot of people don't have the opportunity to have a bank account. But with cryptocurrencies they suddenly have access to this big market through the platform, and with the low fees and the new technology it can help them with buying and selling products in a fair and efficient way.
Visit Bazista and register below:
https://bazista.io
Visit the Bazista ANN thread on Bitcoin talk:
https://bitcointalk.org/index.php?topic=2258692