Streamity- P2P Platform

in #cryptocurrency6 years ago

Streamity is a concept which has been in the making for some time now, of course it includes an ICO and tokens, but it also involves many other services which you can view at their page, in reality Streamity is a decentralized cryptocurrency exchange.

Of course I can give you a lot of reasons why Streamity is exciting but I will just go with the one that I like the most. Streamity will give you the opportunity of P2P exchanges crypto to fiat via a decentralized platform with smart contracts. This means you can sell your crypto coins to someone who is interested int them or vice versa and the seller will receive fiat money directly from the buyer, protected by the smart contract, the crypto will not be released to the buyer until the seller has the fiat in his hands, as soon as the seller has his money a signal is sent and the crypto is released to the buyer.

Ok, I have been using localbitcoins.com and they have something similar what is the difference? First of all, the fees will be much lower, which in itself is a great benefit. Then both sides are protected by a smart contract, everything is transparent and neither side can pull a fast one on the other side, the site has maximum security, whereas localbitcoins.com only handles Bitcoin, Streamity will have many coins available to market, the exchange rates will be fixed by the market not by the users, it will be available as a mobile application and the best part will be it's ease of use.

Overall I believe Streamit will fill a void that has been open for quite some time, and I am just waiting for it start operations, I think it will make my life much easier.

This is my entry for an @originalworks contest, the contest rules are here:
https://steemit.com/cryptocurrency/@originalworks/100-steem-submission-bonuses-sponsored-writing-contest-streamity

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