OpenSource project OpenBazaar has announced a second round of funding to develop an update of the OpenBazaar 1.0 peer-to-peer trade platform its OB1 arm released in April. The new version will be called “Open Bazaar” and is expected to launch this summer. The expected updates include the introduction of a distributed file system hosted by a single server, a new user interface and a Bitcoin wallet that enables users to manage Bitcoin within the app.
OpenSource project OpenBazaar has announced a second round of funding to develop an update of the OpenBazaar 1.0 peer-to-peer trade platform its OB1 arm released in April. Venture capital firms BlueYard, Union Square Ventures and Andreessen Horowitz already seeded $3m to improve its open source software and grow the network of businesses offering services on the network. The expected updates include the introduction of a distributed file system hosted by a single server, a new user interface and a Bitcoin wallet that enables users to manage Bitcoin within the app.