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Swarm City uses blockchain technology and smart contracts to allow people to communicate and transact value, and earn contextual reputation.
The blockchain provides transparency, so users can safely interact with people they don’t know, while keeping their private information to themselves. Smart contracts make sure interactions go as planned, and generate marketplace specific reputation for successful deals.
Swarm City users can:
- buy and sell products and services in a decentralized way.
- easily create and manage marketplaces for others to transact in.
- build communities of like-minded individuals to benefit from economies of scale.
- get rewarded for being a good actor by earning immutable reputation.
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