STREAMITY: stimulating a fair and secured transfer of asset across the globe.

in #crypto6 years ago (edited)

image

    A day I will never forget in my life was the day I lost twenty steems to an unknown person in the proses of exchanging it to my country’s currency (Naira). On this fateful day, I was badly in need of money to pay my school fees in other for me to be qualify to write my final examination for the semester, all efforts to get money from family and friends was fruitless, before I could remember I had some accumulated steem dollars which I can sell to obtain the amount needed to pay my school fees. I immediately, took my phone to search for who so ever is willing to purchase steem dollar at that moment. Although, I was able to get someone who is ready to purchase steem dollar, but till now, he remains unreachable after I transfer my twenty steem dollars to him and he refuse to pay me for the steem dollars.

image

Image credit
    Anytime I am supposed to exchange any cryptocurrency, I don’t only remember my lost steem dollars but I also remember the havoc it has cause to my academics, which used to make me panic until the arrival of streamity.

image

What is streamity?
    Streamity is an organization whose motive is to make exchange of currencies between two parties a fraud free and reliable one.

    In other to prevent been duped in the cause of exchange, streamity came on board with the aim of making exchange of currencies between two parties a secured one.

How did streamity achieve this secured means of exchange between two parties?
    Streamity is a multi-faceted platform whose core component is streamDesk . streamDesk is a P2P swap which protect both buyer and seller from been fooled in the cost of exchange by utilizing smart contract system.
    For instance, if Mister Joel want to sell his steem dollar (a cryptocurrency) to miss joy. Both mister Joel will and miss joy will enter a smart contract. Then mister Joel will transfer the amount of steem dollar he wants to sell to streamDesk, miss joy will also transfer the price mister Joel want to sell his steem dollar to streamDesk. Once both parties has done their transfer to streamDesk, streamDesk will then make an exchange for the two parties by transferring the steem dollar to miss joy and sending the money to Mister Joel. But if miss joy refuse to transfer what mister Joel ask for in their conversation, then streamDesk will return Mister Joel’s steem dollar back to him.

image

Image credit
    This is a type of secured transaction streamity as brought for you and I through streamDesk to give us a risk free exchange compared to the risk filled transaction we engage ourselves in when we trust an unknown person by sending our money or cryptocurrency to him or her.
    Although, streamity as already provided a secured means of exchange of cryptocurrencies for us, but they keep working day after day to make exchange in various means easy and secured until they are able to come up with streamity alpha. Streamity alpha is as upgraded version of streamDesk which is built to successfully integrate into cryptocurrency market which has triggered streamity to purchase partnership with blockchains such as EOS and NEM for smart contract. Besides, Yandex money and paypal as also been integrated for payment system.

image

Image credit
    Streamity really has a lot of things to offer in other to make exchange of cryptocurrencies a secured transaction. They keep developing a better means to make exchange of cryptocurrencies a secured one.
    For more information about streamity:
Streamity website
streamity onepager
streamity whitepaper
streamity youtube
Streamity Facebook
streamity medium
streamity twitter
streamity telegram
streamity bitconTalk
Streamity2018.

    This is an original works contest sponsored by streamity. Here is the link to join the contest https://steemit.com/crypto/@originalworks/605-steem-60-bonuses-sponsored-writing-contest-streamity

Compiled by ©oluwashinaayomi
25-06-2018

Sort:  

@resteemator is a new bot casting votes for its followers. Follow @resteemator and vote this comment to increase your chance to be voted in the future!

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by oluwashinaayomi from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Thank you for sharing your experience exchanging steems for standard currencies.
I'm fairly new in the world of cryptocurrency and it's valuable learning about different options available for buying and selling......

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.033
BTC 64498.18
ETH 3079.08
USDT 1.00
SBD 3.86