Opporty is a B2B marketplace platform powered by Blockchain technology. It is a dual-layered business relationships ecosystem, consisting of a Proof-of-Expertise protocol and a B2B transaction platform. With the help of its expert community, Opporty ensures transparency and security, standardizes procedures, and creates an environment of cooperation that instills trust between parties doing business. It aspires to become a global business marketplace and an expertise validation provider on the Blockchain.
Opporty is a decentralized platform that's purpose is to provide a marketplace for business owners and individuals to conduct business by contributing content. It is a business relationships ecosystem that consists of PoE protocol, business-scoring system, and B2B platform for business transactions.
The three-tiered ecosystem’s functionality is aimed at establishing and growing trusted business relationships among small and medium enterprises.
By offering blockchain-powered smart contracts and a decentralized Escrow system, Opporty puts client-contractor relations on the blockchain.
Opporty is a live business-focused ecosystem with a blockchain-powered marketplace and a knowledge-sharing platform. Supporting the principles of Digital democracy, it provides creative freedom to its community to stimulate robust growth.
Opporty offers decentralized Escrow provided by real experts, as well as legally enforceable electronic agreements that can be executed automatically with the help of Oracles.
Opporty intends to build trust in business transactions. Using its functionality will prove beneficial to corporations in cross-border and domestic transactions and government procurement departments. Domestic customers will be empowered by the ability to check the rating of providers engaging in B2B and B2C transactions.
Opporty’s business scoring system is powered by PoE protocol, which collects and analyzes transaction metadata in order to assign specific, niche-focused business scores to providers, on and off the Opporty marketplace.
Proof-of-Expertise consists of three parameters:
1. Domain recognition.
2. Proof of domain.
3. Domain experience.
Opporty is working on automating contract execution through Oracle. This middleware can be of three types:
2. Fully automated.
Opporty provides a scalable ecosystem for companies, the development team aims to appeal to small and medium-sized companies. The Opporty blockchain platform enables startups to launch smart contracts on the Ethereum blockchain network to create contracts and settle deals, develop standardized contract terms, and receive approval from community experts.
The purpose of the project with examples
Opporty ensures transparency and security, standardizes procedures, and creates an environment of cooperation that instills trust between counterparties.
The platform simplifies and secures business interactions through an offer/request ecosystem, support of decentralized escrow and smart contracts, and the implementation of an innovative, PoE-empowered business scoring system that makes third-party verification and validation processes available to all participants.
Combining the benefits of an on-demand economy and blockchain technology, Opporty introduces a blockchain powered marketplace for B2B and B2C commerce.
The platform enables new models of social and commercial engagement, simplifying lead generation and providing opportunities for business owners to build a professional reputation through its knowledge-sharing system.
Opporty is a fusion of a tokenized crypto-enabled platform and a blockchain protocol. Using Opporty Tokens, users can choose to conduct business transactions within the platform, utilize the advantages of blockchain enabled functions, pay for the platform services, and benefit from Opporty’s PoE protocol.
Opporty’s crypto functionality is powered by Ethereum, a blockchain-distributed computing platform, and by Opporty’s PoE protocol built on top of its blockchain.
Digital business identity.
Storage of transaction metadata.
Privacy of transaction-related data.
Centralized and decentralized escrow mechanisms.
Automatic and semi-automatic oracles.
Domestic B2B/B2C transactions.
International cross-border transactions.
Supply chain risk management.
Post requests for proposals and receives bids from proven business community members.
Build your own business reputation by executing deals, providing services, and educating the community.
Log in niche-oriented offers to target specific, niche-focused audiences.
Execute safe transactions protected by decentralized escrow.
Have services listed at the B2B service marketplace.
Be rewarded for contributing to the community development and for creating business opportunities for other community members.
This is an independent report generated by a Coinschedule partner company. Coinschedule has no influence over its content and the views expressed may not reflect the views of Coinschedule. This is not investment advice, you are encouraged to do your own research and reach your own independent conclusions.