Following the booming trend of scientific and technological revolution, especially Blockchain technology and its attached applications, the launch of Newcater project is with the specific intention of applying these technologies to create a new e-commerce platform which aims to promote small businesses and the local economy in globalization and free trade.
Newcater is an e-commerce and online auction ecosystem that applies Blockchain technology, Smart Contracts in management, conducting transaction, rating, crowdfunding and it is applied in cross-border e-payment using cryptocurrency.
Newcater is an e-commerce platform focusing on niche markets and various segments: traditional handicrafts, eco-friendly products, and specialty products of different localities. We do not trade in well-known or highly competitive items. The key criteria in our choice for listed items are uniqueness, environmental friendliness, especially traditional handicrafts of every region in the world.
One of the main focuses of Newcarter is to serve customers who own cryptocurrencies. This particular segment is rapidly expanding due to the aggressive growth of the Blockchain technology. ICO (Initial Coin Offering) activities have been creating a lot of new applications and cryptocurrencies, but not many e-commerce platforms currently accept cryptocurrency and offer commodity products and services for exchange. This dilemma will be resolved with the introduction of Newcater.