Will Small Companies Beat Large Corporations if They Use Blockchain?

Opporty, with experienced founders from the U.S., has also set up a "Trusted and verified services marketplace" on the Ethereum blockchain, with features such as smart contracts, decentralized escrow, and lead generation.

"Therefore, we observe that SMEs are ready to grow and benefit with Opporty, an online Marketplace that cares," added the company's representative.

First providers already signed upIn the beginning of 2018, Opporty has acquired two new clients in New York.

Opporty enables anyone to use cryptocurrency, and the attendant benefits of blockchain, without having to master the underlying technology, the entrepreneur added.

Opporty's Plasma ProtocolIn March 2018, the Opporty team decided to implement ​Ethereum's Plasma Protocol to "Resolve the trust issues in business transactions and lack of privacy in traditional blockchain solutions." The ​First backend version of Opporty's Plasma solution allowed users to process around 5,000 transactions per second, the company said.

"Then we have decided to come up with our own solution for ​Plasma Cash​, an enhancement technology for Plasma Protocol. After tireless work, our developers managed to enhance the technology​ to achieve the highest public test, which was more than Alipay at peak," reported the Opporty team to Cointelegraph.

Opporty's B2B platform allows providers to list their offerings on the B2B services marketplace in a targeted manner, post requests for proposals, receive bids, and execute deals.

Its benefits position Opporty as a reliable option for domestic and cross-border transactions using cryptocurrencies, which can be used in supply chain risk management, corporate transactions and government procurements.

Opporty is a member of China Cooperative Trade Enterprise Association, and the company is advised by Mr. Daniel Wu, who is a Deputy Director of One Belt One Road Development center.

In April 2018, Opporty joined the Enterprise Ethereum Alliance, the world's largest open source blockchain initiative.