Thr3ebay: E-commerce Dapp using Blockchain

Abstract

Abstract: Blockchain has the potential to shake the foundation of e-commerce by enabling exchange relations that are trustless and operate without dedicated intermediaries or even central authorities in the case of permissionless blockchains. Furthermore, the exchange of information and value between companies and consumers might change considerably by enabling unified access to immutable data along the entire supply chain. In this paper, we build a Dapp called Thr3ebay which offers buyers and sellers a secure and transparent platform where transactions are conducted directly between participants, without the need for intermediaries. The platform also provides a userfriendly interface for managing wallets and identities, making it easy for users to buy and sell products on the blockchain. We then examine the potential benefits of building a Web3 e-commerce platform, such as increased security, transparency, and trust, as well as the challenges in terms of scalability, user adoption, and interoperability. Key feature of the Thr3ebay Dapp is its integration with various web3 technologies, including IPFS for decentralized file storage, and the Third-web SDK for user authentication and wallet management. The P2P Decentralized app has also developed a custom front-end for the platform using React, making it easy for users to interact with the marketplace. The purpose of building a Web3 e-commerce app is to create a more secure, transparent, and democratic platform for buying and selling goods and services online, while also providing greater trust and confidence for buyers and sellers