Article about how Streamity will change the P2P exchange industry
Streamity the P2P platform that make possible faster exchanges and low fees of many kind of cryptocurrencies to fiat currencies. Streamity as it articles which I have gathered from various source has a diplomacy of smart contract running of system to achieve transaction security in blockchain. it’s a platform which had promises of new approach to cryptocurrency exchanges to fiat currencies by incorporating an industry standard smart contract powered security feature. Streamity is also design to ensures a secure, P2P cryptocurrency exchange design to suit present and future demands.
Streamity has the ability to change the way everybody around the world interacts with cryptocurrencies by simplifying conversions of cryptocurrencies to fiat money. And The streamity has developed a fast and secured transaction channel which significantly reduces the transaction time to just a few minutes (fast). To ensure system security and protect its users from theft and fraud which has the implementation of ‘Know Your Customer’ (KYC) .
How is this better than existing solutions?
With those attribute or article, streamity will have highly robust and interesting aspect of the Streamity project and the fact to plan and to create a completely decentralized means of transferring both cryptocurrencies and currency.
How does the smart contract system assure safety for both buyer and seller?
With the help of streamDesk beta version smart contract, transaction of both seller and buyer will be secured. Effectively, has StreamDesk is the decentralized blockchain-based application allowing users to convert virtual currencies into fiat money without any middlemen and hidden commissions. It supports transactions with most cryptocurrencies traded in the market. Which the Sellers or buyers of altcoins will benefit more from significant savings by avoiding double conversion with his or her peer. And as Most peer 2 peer platforms work exclusively with Bitcoin and Ethereum. With a fair trade to the buyers and seller using the platform they will be supported with up-to-date information on cryptocurrency prices and similar deal on the other crypto exchanges.
How will Streamity help mass adoption of cryptocurrency?
With the present approach of dealing with exchange of currency in blockchain, with the use streamDesk and with the assurances of safety exchange between the buyers and sellers without intermediaries, surly they will be a mass adoption of people using streamity as they are only means of exchanging or buying and selling of their currency in the world.
How does giving people the ability to use FIAT lower the barrier to entry?
Streamity has an effective project that is developing a decentralized cryptocurrency exchange for P2P uses and StreamDesk the key aspect of the Streamity project. The platform should have the ability to use his solution in making thing easy, faster and which has low cost in any cryptocurrencies exchange to reduce FIAT barrier to entry by present users. Because FIAT based transactions are clumsy and difficult for users.
You can find the contest original post here
https://steemit.com/crypto/@originalworks/605-steem-60-bonuses-sponsored-writing-contest-streamity
You will find more interesting update on the mean websites:
https://streamity.org/
https://t.me/streamityChat_en
Thank you for reading.
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