Advantages: Thanks to this project, you can sell, buy, rent and exchange a wide range of products and services on the local market. Xtribe offers a free smartphone app that is available in Italian and English and which uses active geolocation tools. Transactions occur directly through between the party and the counterparty. The proximity between the buyer and seller allowed Xtribe to conduct its activities without middlemen or additional commissions. As the company continued to grow, we realized that application interaction could be more efficient with the integration of blockchain technology. Payments cannot be made in the app right now. Integration of blockchain will support the absence of commissions, make it more secure and speed and, as a result, increase the scalability and availability of the service. The Xtribe team currently works with some of the best blockchain experts and marketing consultants to deploy the fully integrated Blockchain business model.
Risks and disadvantages: There are no flaws in the project and the most important that Xtribe is a real and working company. Xtribe works in the UK, Switzerland, Italy and also in the United States. Xtribe Plc acts as a holding company that means this is a real business that is improving because of the Blockchain technology integration.
Comments: This is a promising and already existing project, which relies on real market work, but not on paper calculations. No doubt that Xtribe will be successful and bring good profits to its investors. Using the decentralized blockchain technology and removing middlemen, the company will be able to minimize costs of its services and attract a large number of users in this way.