Bauction is a decentralized and transparent auction platform based on DFINITY Internet computer to provide users with more automated and trustworthy auction services. Bauction eliminates the disadvantages of traditional auction platforms and can provide services around the clock without downtime, thus bringing users a safer experience.

The working principle of Bauction is that the user initiates an auction request, which will be broadcast to all nodes in the network. All nodes verify the request based on an encryption algorithm and accept the bid. The entire process is recorded on the blockchain, thus ensuring the privacy, security and traceability of the data.