NeoPlace protocol is an open protocol for crossborder e-commerce on the Blockchain, to enable any new and existing seller from other e-commerce platforms to participate in this ecosystem. By building a global ecosystem, NeoPlace will allow any seller to create their own whitelabel e-shop or marketplace built upon NeoPlace protocol or use NeoPlace Market to boost their e-commerce business. Sellers will be able to reach more buyers globally, accept any cryptocurrency, mirror their existing selling channels into NeoPlace and advertise efficiently with affiliate marketing. Buyers will be able to spend their cryptocurrency and discover a new way to buy goods. NeoPlace’s proprietary Proof of State allows a standard and universal protocol to track each phase of the transaction through the intensive use of Smart contracts. It can be used in any e-commerce transaction for better, transparent and secure transactions between sellers and buyers.