BitBay – Decentralized Marketplace and the Internet of Things
BitBay is trying to develop a new decentralized marketplace that is said to be introducing a revolution in e-commerce. BitBay is completely decentralized and has no single point of vulnerability or failure. The platform puts the world at the user’s disposal. Members can buy and sell anything, anywhere; so members can use BitBay in the States, or use BitBay in Tokyo or in any other country in the world. The BitBay team is proud to introduce Smart Contracts and make them easy for anyone to use with different purposes. Users will be able to sell a car, rent a vacation house, and get paid for....
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BitBay, a new decentralized marketplace, turned into a huge scandal almost a month after its launch. BlackHalo Creator David Zimbeck, who was "forcefully" entitled as BitBay's lead developer, wrote a long post on Reddit explaining how he was tricked and intimidated by men using the alias of Bob and Gekko, two of the leading members of the BitBay project. According to Zimbeck's version of events, BitBay development project was supposed to be distributed among five people, which included himself, a man named Steven Dai, BTER developer Lin, Bob and his Gekko. The team further agreed to split....
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines AML and KYC Procedures at Bitbay Bitbay, a leading crypto trading platform in Europe, is now a fully licensed and regulated exchange under Estonia’s stringent regulations imposed last fall. The company has been audited by an independent third party which thoroughly examined its accounting....
There have been many attempts to create a working decentralized marketplace using cryptocurrency for transactions. Projects like Bitbay, Syscoin, the NXT marketplace, and Openbazaar have gained attention over the past few years building this vision. However, another concept announced back in the spring of 2015 called Drop Zone remains in the background.....
There are many interesting projects taking place in the world of digital currency right now. IOTA is a project that will serve as a decentralized token for the Internet of Things ecosystem, built on top of “Tangle,” rather than a blockchain. The project looks very interesting, as the Internet of Things is becoming more popular all over the world. But how will this mix of connected devices and micropayments work exactly? The IOTA project is designed to create a secure and decentralized financial ecosystem for the Internet of Things. As more and more devices will be able to communicate with....
Ran$umBin is a new marketplace on the dark web, which is dedicated to internet criminals and victims of cyber attacks. Monetizing crypto-ransomware attacks has never been much of a problem, according to most, but this platform wants to make things even easier by reducing the risk for the internet criminal. As if the looming threat of crypto-ransomware is not annoying enough to deal with, things have become a whole lot easier for Internet criminals looking to make some quick money. Ran$umBin was created for this exact purpose, as this dark web marketplace is a one-stop shop for monetizing....