Project Description

AgiiAuction

Our AgiiAuction platform is generic auction platform on which everything can be put on bidding

Pain Points of Current Auction Platforms

  • Administrator can change the data without notice

  • End-users can’t audit the data

  • Administrator can manipulate the credibility of buyer or seller

  • Need to trust the central party, lacks transparency

  • rely on central party to maintain the platform. If it goes down, service will be affected

Our Blockchain based platform has the following advantages:

  • all stake holders trade on a common platform that all parties can trust

  • ensure authenticity of items added

  • eliminate fakes

  • data shared among all stakeholders against a common ledger

  • minimize the work of middle man

  • easily customizable bidding rules

  • auction house still has the power to approve/disapprove the trades

Successful User Cases

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