Decentralized Marketplaces

Decentralized marketplaces are online platforms where buyers and sellers connect directly without a central authority or middleman controlling transactions. Powered by blockchain technology, these platforms operate on distributed networks, ensuring transparency, security, and user ownership of assets. This structure reduces reliance on traditional intermediaries, potentially lowering fees and increasing privacy. Users retain control of their data and assets, fostering a more open and resilient marketplace. Examples include decentralized exchanges for cryptocurrencies and peer-to-peer commerce platforms, representing a shift toward more autonomous and democratic digital trading environments.