Bitsquare (Bisq) is a decentralized cryptocurrency exchange platform. The Bitsquare exchange was founded by Manfred Karrer in 2014 and is currently headquartered in Barcelona, Spain. Bitsquare works via a special open-source, decentralized desktop application that enables users to trade with cryptocurrency and their national fiat currency. In addition to this, users are able to set up the Bitsquare wallet for storing their digital money and can have access to it whenever they need. The platform has a wide range of available Bitsquare payment methods, including a cash deposit in order to allow access for users who do not have bank accounts. The Bitsquare white paper can be seen on the official Bitsquare website.
As long as Japan does not fail in what seems to be an effort that is making Bitcoin bigger, the world's top digital currency would always be a success.
Though still far ahead, Bitsquare seems to be pushing itself as an alternative to Bitcoin exchange platforms like LocalBitcoins, Paxful, BitQuick, etc.
Cointelegraph spoke to Mihail Mihaylov, Bitsquare’s Chief Decentralist, about the possibilities of adopting a decentralised reputation system on its platform.