A new auction market is supposed to compete eBay in the net. Etheriya- the name of the project

A new auction market is supposed to compete eBay in the net. Etheriya- the name of the project - will, unlike eBay, however, use the blockchain technology and put on ethereum. This approach could offer many advantages to sellers and buyers.

Bitcoin News: Etheriya - eBay mittles Blockchain
At Etheriya, sales of virtually all conceivable products are planned - as long as they are legal. Books, clothing, electronics, cars and even real estate should be the first product categories.

And with the blockchain technology and Ethereum, eBay can create a great competitive advantage:

More security - With so-called "smartcontracts" based on the blockchain, Etheriya can offer more security in transactions for buyers and sellers.

Low fees - PayPal or credit cards are not required with Etheriya. This also eliminates the most fees and the purchase is cheaper.

Fast transactions - Cryptocoins can be sent around the world within minutes. Therefore, Etheriya will also be able to make quick referrals.

The big catch on the thing: Etheriya is only in the construction. The official launch is planned for about half a year. However, waiting seems to be worthwhile for us.

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