Best Blockchain Development Consultancy Firm in 2021 by APAC Insider

Meet Bitlyra, the online marketplace running on digital currencies

The 21st century demands a better, safer and more transparent way to trade online. Bitlyra is the marketplace delivering just that.

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The Challenge

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.

  • Outdated system

    In traditional online marketplaces users rely on outdated currency transfer systems, trust, and good will

  • The market was missing an easy-to-use platform

    Decidedly counterintuitive, most online trading platforms involve too many steps when sending or receiving funds

  • Need to change how we trade

    Bitlyra is the industry’s solution, providing a global online marketplace running on digital currency and bitcoin

The Challenge

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.

The Solution

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.

What Bitlyra achieves

Launched in ⅕ of the time and cost of alternative solutions

Launched in ⅕ of the time and cost of alternative solutions

Instant cryptocurrency transactions

No holding your breath hoping a buyer actually pays, Bitlyra uses automatically-executed smart contracts to deliver instant payments.

DeFi friendly system

Bitlyra operates on cryptocurrencies, meaning there are no human gatekeepers to disrupt the transactions. It’s a platform built for the future of finance.

Interested in blockchain for your business?


The internet is an ever-growing platform that encompasses every part of our daily life. Blockchain is playing a huge role in transforming it.

Ralph Kalsi
Ralph Kalsi

Founder and CEO, Blockchain Australia