Monetha is a blockchain company creating a universal, transferable, immutable trust and reputation system combined with a payment solution. They have self-funded the MVP (Minimal Viable Product), which can be integrated by merchants. The fundamental problem for sellers and buyers in classified ads marketplaces (or global e-commerce in general) is that they do not trust each other. The solution is a blockchain based trust and reputation system for commerce. Sellers will be able to build transferable, independent, universal, transparent reputation to boost commerce, while buyers will learn more about sellers and buy with trust wherever they are. One of the biggest concerns of the sellers/merchants is that they cannot transfer their hard earned reputation to use it in a global commerce. Monetha’s Decentralized Trust and Reputation System lets its users display and build their ratings through different platforms This is where essentially the seller becomes the owner and the central figure of his/her reputation, rather than a centralized authority.
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