Decentralized

The Block has no centralized authority - it's built on the Ethereum blockchain using smart contracts. Transactions are completed in a trustless manner, with no third party involvement, which means no one has to rely on trust for the system to work. Transactions cannot be censored. Listed items are available at all times, to everyone, with no need for sellers to stay online 24/7, since The Block runs on thousands of computers worldwide. This makes it resistant to the kinds of attacks that force conventional websites offline. Decentralization equals greater privacy, freedom, and stability.

Absolute Privacy

Although transactions will be on the blockchain, The Block is fully encrypted. Messages between buyer and seller are encrypted, and personal information (such as shipping address) is also encrypted by default. Your information is protected from any kind of leak or attack.

Protected Funds

Trading over an anonymous, decentralized system poses a challenge - how do you know you can trust other users? The Block provides an escrow system, guaranteed by BitBoost. Buyers send payments to this escrow system. Payments are released to sellers only when goods have arrived as expected. Any disagreements will be handled through arbitration, further reducing risk. BitBoost's escrow system allows sellers to designate any provider they wish to serve as their escrow agent.

Low Fees

Due to its unique architecture, The Block is able to reduce our fees to 1 USD (in BitBoost tokens) per listing. The Block doesn’t charge a fee to purchase items. Even image hosting is free, and The Block takes no percentage from your final sale price.

It's Fast

Features like searching are instant, as you type. BitBoost has enhanced The Block with caching servers around the world to speed up interactions with the Ethereum blockchain.

Easy Payments

The Block has a built-in wallet that stores ether, the native currency of Ethereum. Purchases are made directly from this wallet, and sales revenue goes directly into it. Users can buy ether from within The Block using BTC.

Customizable

The Block is available as a native app on all major desktop platforms: Windows, macOS, and Linux. The app includes support for themes and even comes with two themes built in. Users can bookmark searches, sellers, and items, for later use. And, more options are planned.

Global Marketplace

At launch, our app will support 20 languages, with more to come. The BitBoost team wants to lower barriers to trade. We feel that access to a global marketplace is an option every human being should have.

Features to be released with Live Version:

ARBITRATION

In the case of a dispute between buyer and seller, an arbitration service is available. We encourage sellers to choose an arbiter, as it increases the trust level for buyers and also the probability that purchases will be made. If both parties dispute a transaction, the seller will pay the arbiter out of the escrowed funds. For buyers, arbitration is always free of charge.

FILTERS
To make The Block as inviting as possible to all users, BitBoost will maintain an optional filter that will be turned on by default. It will filter out items that are illegal everywhere, as well as sellers with extremely poor reputations. Ultimately, the choice of what you see should be made by you, so we have left plenty of room for customization.

THIRD PARTY THEMES

BitBoost has included 2 themes already, light and dark, to help users see in different environments. We are also building support for customization, which means you will be able to use our source code to create themes of your own to use with The Block. Time to get creative!

PRIVACY LEVEL SETTINGS

Users will always have access to a remote copy of The Block, maintained by BitBoost, which provides a level of privacy that will meet the needs of almost all users. But, by the time The Block moves to the Ethereum live blockchain, you will have the option of using your own copy of the Ethereum blockchain for even greater privacy. Choose the arrangement that works best for you.

ALIASES

When you first log into The Block, you are asked to create an account and a wallet. This process generates an Ethereum address for you, which is also your identity on The Block. If you do not wish to be known to other users by your Ethereum address, you will have the ability to choose an alias. What will your alias be?

ADDITIONAL LANGUAGES

During our beta testing period, we already have 20 languages available for The Block. We plan to add as many as we can over the lifetime of our app, so that our marketplace is as globally friendly as possible. If you'd like to contribute translation services for a language we don't yet have, get in touch with us. We'd love to hear from you!

Technical Roadmap

Planned Features to be released post first Live Version:

MOBILE VERSIONS

We're very excited to be building mobile versions of The Block for iOS and Android. This is a feature that is at the top of our planned features list, because mobile devices are so important to our users. You should have the freedom to choose when and where you use The Block. (We're looking forward to it too!)

REPUTATION SYSTEM

Every seller and buyer will have a reputation rating derived from their conduct during every transaction. Users with a low or negative reputation score may be filtered out, in order to protect other users from fraud and wasted time. This reputation system will encourage legitimate merchants and customers to act honestly and to build up a solid reputation. Arbiters will also be rated.

TOR INTEGRATION

The Tor Project has been a boon to millions of people, and for some of our users, Tor is the only way they can use the internet in safety and privacy. We will support the Tor protocol within The Block, so that everyone can peacefully trade in private.

FIAT PAYMENTS

Ether, like all cryptocurrencies, is volatile, changing in value on a daily basis, relative to national currencies like the dollar and the euro. To improve your experience with The Block, BitBoost is developing an integrated payment system that works like ether, but converts to currencies (like the dollar and euro) at a ratio of 1:1. Finally, items can be priced in a national currency, and you will know exactly how much you're spending or being paid.

MULTIPLE WALLETS

You may wish to maintain different wallets and aliases for different family members, or for yourself. Multiple wallet support will let you do this, so you can keep some of your money and transactions segregated from others.

THIRD PARTY FILTERS

We understand that our users have different needs and desires, based on where they live, their personality, their religion, and many other factors. We invite the community to create a wide array of filters that will satisfy the needs of everyone. You will have the chance to get creative; build filters that will benefit the global community, or maybe just build one for yourself!

A Team With Experience ..

Founders

This are their names :

Paul Mahone
Founder Lead Dev Front-End

Paul is an Italian/US programmer living in Switzerland. In addition to Italian, Paul speaks English and Japanese, having lived and worked in North America as well as Asia.

He has been involved in various electronic marketplaces since 1992. During the 1990s, Paul served as CEO of Molecular Robotics, the first nanotechnology company to be listed on the NASDAQ.

Andrew Lekar
Founder Lead Dev Back-End

Andrew has been a blockchain developer for a long time, involved with NXT since the very beginning.

He is a specialist in Javascript, databases, encryption, security, and he has built all the smart contracts that drive The Block.

Samuele Maran
Founder Project & Marketing

Samuele is a blockchain crypto enthusiast, visionary, and entrepreneur. He spent the last three years investigating the potential applications of new technologies related to crypto-currencies.

Samuele loves our community. He manages customer relations, as well as our marketing efforts.

Team

Tori Arcuri
Director Of Operations

Tori has been a consultant for developing businesses for over 20 years, specializing in branding and logistics. At BitBoost, she will work to ensure operations efficiency and effectiveness, putting into practice our mission to redefine e-commence. Tori is a blockchain enthusiast and believes innovations like The Block will contribute to a fair and vibrant future for us all.

Álvaro Rodriguez
Marketing Director

Álvaro is a seasoned digital marketing manager, project manager, entrepreneur and blockchain enthusiast.

His role is in helping BitBoost team achieve their business objectives, to become the most popular blockchain-based marketplace.

Maksim Sergeev
UI Dev

Maksim is an experienced javascript/typescript developer focused on MEAN stack. Maksim is a wizard with Angular, React, Node.js and many other modern javascript-related technologies.

Riccardo Scanavacca
iOS Dev

Riccardo is a mobile developer based in London. A self-taught programmer and keen technologist, he strongly believes the future will rely on distributed ledger technology and its various applications.

When he is not developing new ideas and opportunities, he works on internal iOS apps for the BBC.

Alessandro Tozzi
Community Manager, Start-up Advisor

Alessandro is the Technology Transfer Director for Boston Entrepreneurship Center, as well as an entrepreneur, blockchain enthusiast, and our project manager.

Alessandro is the start-up advisor to our BitBoost team, assisting in community relations and bounty acquisition. We're thrilled to have him with us!

Eva Fernández Arias
Social Media Manager - Twitter

Eva has worked as a Social Media Manager and Content Creator for more than 5 years, as a part of various agencies and media. Now, she is our Twitter account manager, creating content and posting daily to keep our supporters up on all the latest cryptocurrency, blockchain, and BitBoost news. Eva helps our users stay informed and connected to the changing world! She also assists with customer support.

Dmitry Petrov
Developer, front-end desktop apps

Dmitry is a meticulous and passionate developer, fluent in over a dozen languages including Node.js, Javascript, and Angular. He began in front-end development, then moved on to full stack, and now assists with coding The Block for macOS, Windows, and Linux applications.

He's very interested in blockchain technology and is excited by all the possible applications. Dmitry lives in Moscow, and speaks both Russian and English.

Moshe Malka
Developer, mobile & web

Moshe is a software engineer and blockchain enthusiast based in New York. He is a seasoned MEAN stack developer who designs, develops, and integrates cutting-edge frameworks using Javascript and Python. Moshe applies his deep knowledge of dynamic web projects to The Block, integrating our app with Status.im, a mobile Ethereum OS. Through his efforts, The Block will be made available to more users. Moshe speaks English, Hebrew, and Spanish.

Andrea Greco
Webmaster

Andrea is knowledgeable in all aspects of web design and engineering having been a web developer for over 9 years. He is proficient in HTML5, CSS3, JS, and PHP. But, Andrea is not only valued for his tech skills. He studied languages and then worked in tourism in both Ireland and Italy. He speaks Italian, English, and Spanish. This love of world cultures, combined with his work ethic and knowledge base, makes Andrea an ideal fit for BitBoost.

Advisors

Yessin Schiegg
Financial, Legal & Regulatory Expert

Yessin has served as an advisor to the Ethereum Foundation. He possesses a broad network within the crypto ecosystem. He is the CFO of Alpha Associates AG, an independent private equity manager and advisor based in Zurich, Switzerland.

He is widely promoting blockchain technology and believes its applications will serve the global society. His skills are start-up advisory, private equity, and finance.

Tommaso Bonanata
Financial Market Expert

Tommaso Bonanata is a seasoned professional in the fields of Market Analysis and Financial Engineering. Tommaso brings his professional know-how from the traditional financial markets. He worked as an Equity Fund Manager for Julius Baer and GAM for over 9 years, focusing on Emerging and Frontier regions.

His passion for Digital Assets and Blockchain Technology started in late 2013; today he is a full-time investor and advisor in the crypto space, bridging the gap between the legacy and digital worlds.

Ian Scarffe
Entrepreneur

Ian’s experiences in the business world have allowed him valuable insight into every working aspect of an organization and the minds of millions of customers. His outstanding entrepreneurial and commercial acumen, his entrepreneurial innovation and motivation, the capacity to work at strategic levels, interpersonal, communication and negotiation skills, his passion for customer service, wealth of knowledge and vast amounts of hands on experience in almost every role will prove to be valuable assets for BitBoost.

Process of Diagram on How Does Encryption Work :

Having also their Block Ecosystem

Assessment of BBT

Note :
Given Advantage to New Commerce System who wants to engaged by means of bitboost
Ensuring that people are Know the new trading of BBT in terms of E-Commerce System

Reference Sources :
https://www.bitboost.net

https://steemit.com/cryptocurrency/@originalworks/150-sbd-sponsored-writing-contest-bitboost-bbthttps://steemit.com/cryptocurrency/@originalworks/150-sbd-sponsored-writing-contest-bitboost-bbthttps://steemit.com/cryptocurrency/@originalworks/150-sbd-sponsored-writing-contest-bitboost-bbthttps://steemit.com/cryptocurrency/@originalworks/150-sbd-sponsored-writing-contest-bitboost-bbt
https://steemit.com/cryptocurrency/@originalworks/150-sbd-sponsored-writing-contest-bitboost-bbthttps://steemit.com/cryptocurrency/@originalworks/150-sbd-sponsored-writing-contest-bitboost-bbt
Bitboost2017