Decentralized P2P commerce though blockchain technology
Swarm City are building a “platform that allows people to find each other, communicate, and exchange value in a decentralized way”.
People will be able to build marketplaces, and form communities of like-minded individuals. For example, users will create their own buy/sell marketplace like Amazon, and communities of retailers will form to provide products in that marketplace. And drivers will band together as communities to provide services in rideshare marketplaces.
The Swarm City platform is decentralized because, although individual marketplaces and communities will be able to disallow certain members, or certain transactions to an extent, the Swarm City platform itself cannot censor interactions. And what’s even more critical, the Swarm City platform cannot prohibit any marketplace, or community from forming.
This allows communities to build naturally around like-minded values, and any voluntary interaction may take place. This is a novel approach to organizing, and I believe it will have tremendous impact on how humans exchange value.
However, what makes Swarm City truly revolutionary is the idea of “tokenizing” reputation, which means applying reputation to a blockchain. If you break Swarm City down to its primary function, at its core you’ll find a blockchain based decentralized reputation system.
Check out these articles to learn more about the general concepts of Swarm City.
Connect with the dev team
The Dev Team is always on the lookout for other developers who want to get involved. If you have Polymer or Solidity experience, feel free to reach out to #devhive in Riot. You can get a peek at the project by reviewing Github, here. To hang out where our community is, join us in Swarm City Slack.
Disclaimer: Cryptocurrencies & digital assets are highly volatile so one should only invest what they can afford to loose. Dapp.Tech does not offer financial, investment or trading advice. Always do your own independent research and seek the counsel of a qualified financial advisor before investing yours or anyone else's money.