GLMall, a UAE-based startup with a focus on "Building Decentralized E-commerce", has created a revolutionary blockchain-based marketplace for daily e-commerce transactions using cryptocurrency. The company's patent-pending parallel token solution, developed on GLMall’s unique skyfiber blockchain, allows for crypto payments without the typically associated transfer or gas fees. This innovative approach is already in use, with current and potential future applications spanning across countries, NGOs, and various micro-financing organizations that are adopting crypto as their primary mode of trade. Established in 2018, GLMall presents an intriguing opportunity for Venture capital to consider in the blockchain and e-commerce sectors.
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