Bazista ICO - Interview with Vakhtang Abuladze, the CEO of Bazista - Part 2/2
This is the Part 2 of my interview with Vakhtang Abuladze, the CEO of Bazista. If you have not read Part 1 yet, click here
If you want to participate in the ICO you can use this link to register:
https://bazista.io
6. The competition in the blockchain market is getting bigger every day. How will you separate yourself from the rest?
2017 became the year of blockchain and ICO. The hype got so big that you could here people talking about making money on cryptocurrencies anywhere in the world, would it be a discussion in a bar, announcement on federal TV or a dialog with your UBER driver. Even oldest generations were ever that something really big was going on. Those who come to crypto game often turn to ICO investments and junior coins expecting great profits in a relatively short time period. From my point of view this is the very reason of growing interest towards infrastructural blockchain projects, which are looking to provide simple and handy solutions for everyday life just made better with blockchain. Bazista is an infrastructural project – both in terms of integrating other blockchain projects and in terms of providing channels for the usage of cryptocurrencies in the real economy, contributing to the real value of decentralized money.
7. What do you think is Bazista's biggest advantages?
Below you will find our key advantages:
The maximum operational commission will be 4%, which is at least two times lower than competitors
Transactions on Blockchain technology are significantly safer than simple electronic or bank transactions. Bazista is the first blockchain empowered company to allow purchasing of goods and services
Cryptocurrency gives global e-commerce access to more than 2,5 billion unbanked people and millions of businesses around the world.
Integration of cryptocurrencies will also reduce expenses of traditional banking service and conversion fees for international payments. Buyers will save an average of 3-5% when trading overseas.
Bazista ambassadors – up to 10 000 well trained high skill professionals will work in the fields selecting the best offline businesses, checking their assortment and quality of goods and finally connecting them online through Bazista.
8. What are Bazista's main challenges right now?
We think that the biggest challenge may come from e-com giants like Amazon, Ebay or Alibaba, who are definitely considering integration of cryptocurrencies as payment instrument, which will make them direct competitors for Bazista. However, giving the fact that current law base around cryptocurrency is far from being finalized and differs from country to country, we understand that our key advantage will be flexibility and while the industry leaders are only looking into Bitcoin opportunities, we will integrate at least 5 different currencies during the first operational year.
9. Something else you want to add?
We see Bazista as being both commerce and humanitarian project. Decentralized money can become a real solution for over 2 billion unbanked people around the world, but giving the fact that crypto industry itself is at its early stages of development, we should start thinking about infrastructural solutions like banks or marketplaces today! By utilizing the power of blockchain we will provide unlimited access to e-commerce for any person in the world!
Enjoy Bazista!
If you want to continue and read Part 1 of this interview, click here
Thanks to Vakhtang Abuladze for this great interview.
You can read more about the Bazista ICO and the project on the links below. The ICO is still live if you are thinking about investing.
If you enjoyed reading this blog post, please use my referral link if you are buying Bazista tokens.
Referral link:
https://bazista.io/links/17
Read more about the Bazista project and ICO by visiting their homepage at:
https://bazista.io
Visit the Bazista ANN thread on Bitcoin talk:
https://bitcointalk.org/index.php?topic=2258692