A platform for share exchange is created where the users can exchange the shares they possess. For the sake of simplicity,
A marketplace is a place where buyers and sellers meet together for the purpose of buying and selling.A blockchain-based marketplace could be a simple web application that is built on top of the blockchain, where all the transaction happens using cryptocurrency.In a normal marketplace, the users get interacted through web pages in a browser with the web server and web server acknowledged to and forth, to the database. Here, components like web servers, databases behave as central servers.In a blockchain-based marketplace, users connect to web pages through the browser, and the web page talks directly to blockchain i.e. it can interact with smart contracts on the blockchain. Also, decentralized marketplaces offer global assets, available from anywhere in the world.