Glyde marketplace is a Blockchain Powered Platform For Buying & Selling Used Mobile Phones, powered by TessaB Corp. Glyde will usher in the future of buying and selling used phones by harnessing new technologies to provide buyers and sellers a higher level of transparency and security, thereby allowing consumers to cut out the many industry middlemen who needlessly drive up prices.
Their goal is to eliminate these inefficiencies and also instill trust between buyers and sellers. Glyde is the first to put advanced mobile diagnostic tools that original equipment manufacturers (OEMs) and wireless carriers use in the hands of buyers and sellers, allowing them to securely test the condition of mobile phones as they transact. The Glyde Marketplace is also the first to use smart contracts to minimize fraud and discourage unscrupulous buyers and sellers that currently plague today's peer-to-peer marketplaces that sell used devices.
TessaB has teamed up with NEAR Protocol for layer one of the blockchain. This will provide the foundation for a fairer marketplace for both individual consumers and businesses, one in which transactions are more transparent and, as a result, prices more accurately reflect the quality and value of the device. With Glyde, business rules programmed into smart contracts to guide dispute mediation when the condition of a phone a buyer receives does not match the condition the seller posted to a phone listing, minimizing the need for subjective decision-making.