Traditional online marketplaces have long been known as easy pickings for fraudulent behaviours. And in a process where money gets exchanged practically anonymously, before goods are even posted in return, it’s easy for this risk to become a reality.
Bitlyra was created as a way to shrink the space between buyers and sellers, and use the power of blockchain to create robust checks and balances in the online trading world.
In traditional online marketplaces users rely on outdated currency transfer systems, trust, and good will
Decidedly counterintuitive, most online trading platforms involve too many steps when sending or receiving funds
Bitlyra is the industry’s solution, providing a global online marketplace running on digital currency and bitcoin
The two key things users were crying out for was structure, and security. So Bitlyra partnered with Blockchain Australia™ to build a product that would meet the evolving demands of online traders.
We worked with Bitlyra to identify a new transaction model that would streamline the buying and selling process, operating on a decentralised platform that eliminated the need for intermediaries.
Bitlyra is built for the future of finance. Users can buy and sell products using cryptocurrencies such as bitcoin and Ethereum. In order to protect users’ digital assets, funds are stored in secure offline storage, and all cryptocurrency stored on the server is covered by comprehensive insurance. It’s this peace-of-mind and inclusivity that positions Bitlyra as a leader and early adopter in the worldwide digital currency marketplace.
Launched in ⅕ of the time and cost of alternative solutions
No holding your breath hoping a buyer actually pays, Bitlyra uses automatically-executed smart contracts to deliver instant payments.
Bitlyra operates on cryptocurrencies, meaning there are no human gatekeepers to disrupt the transactions. It’s a platform built for the future of finance.
Founder and CEO, Blockchain Australia™
