News

OpenBazaar developers roll out a crypto marketplace for mobile

Tuesday 30 July 2019 10:56 CET | News

OB1, the developers behind OpenBazaar, an online decentralised marketplace and currency trading platform, have announced Haven, a mobile counterpart.

Haven allows users to buy and sell goods and services directly with each other, using cryptocurrencies, without relying on middlemen who take a cut of merchants’ transactions or gather shoppers’ data.

The app has many of the same features as OpenBazaar, but does not support P2P cryptocurrency trading. Like OpenBazaar, Haven will support BTC, BCH, ZEC and LTC.

The app is organised into four sections: shopping, social, chat, and a non-custodial multi-wallet. For all features of the peer-to-peer network, user information is stored locally and protected with end-to-end encryption, meaning only the parties involved in the sale or conversation are able to see the details.

According to CoinDesk, OB1 has raised USD 9.25 million to date from investors such as Union Square Ventures, Andreessen Horowitz, OMERS Ventures, BlueYard, Bitmain, Digital Currency Group, and venture capitalist William Mougayar.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: OB1, marketplace, cryptocurrency, crypto payments, mobile app, mobile payments, currency trading platform
Categories:
Companies:
Countries: World





Industry Events