SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly. The cross-border e-commerce payment space today is far from perfect. Firstly, transaction costs and time β€” especially for cross-border payments β€” are excessive and inefficient. Secondly, there are no fully transparent and tamper-free reputation systems to assess the trustworthiness of buyers and sellers. Read More The post Rate3 Wants to Empower a Truly Global Payment and E-Commerce Network by Making It Fair, Transparent and Cheap appeared first on Bitcoinist.com.



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