Digital Marketplaces
Digital marketplaces are online platforms that facilitate transactions between buyers and sellers of goods, services, or digital products. They provide infrastructure for listing, discovery, payment processing, and often include features like reviews, ratings, and trust mechanisms. Examples include e-commerce sites like Amazon and eBay, app stores like Google Play and Apple App Store, and service platforms like Upwork and Fiverr.
Developers should learn about digital marketplaces when building or integrating with platforms that involve multi-sided transactions, such as e-commerce applications, SaaS marketplaces, or gig economy apps. Understanding marketplace dynamics is crucial for implementing features like user authentication, payment gateways, search algorithms, and review systems, which are essential for scalable and secure transaction-based platforms.