A Decentralized Exchange With Much More

gamsam (67)in #dlive • 6 years ago (edited)

My entry to the @originalworks sponsored Alttex contest. You can find the original contest post Here

Almost all areas of life have become decentralized by blockchain and cryptocurrency revolution. From programming to app development, from blogging to streaming. Even areas of life as simple as health and fitness have began to undergo decentralization by the revolutionary blockchain. This has seemed to make life generally decentralized.

The core of cryptocurrencies and the blockchain revolve mainly around the exchanges and surprisingly, a lot of cryptocurrency exchanges remain centralized.
This causes inefficiency in general as well as moderately affordable to exorbitant exchange third party fees.

What is Alttex and how will it change the exchange world.

Below is a short video explaining how Alttex will change the exchange world.

My video is at DLive

Alttex is decentralized exchange platform made to ensure efficient exchanges between crypto users eradicating exchange fees and enabling pair trading.

Imagine an exchange without a central store of coins but users directly exchanging coins amongst themselves.

Scenerio

Paul has some ripple and may want to exchange them for some Steem. Jeff happens to have steem he would want to exchange as well.
That is where Alttex steps in allowing traders to exchange their coins directly with a third party that ONLY ensures the exchange is carried out properly. A third party that only connects traders basically for free.

Alttex messenger

Alttex will also ensure users maintain connectivity and thus the messenger feature. With the Alttex messenger, traders can chat and keep up to date with latest deals and offers.

Multi Wallet feature

Alttex also offers a multi wallet feature where users can save different coins without having to use multiple exchanges.
It is designed specifically for mobile so all users can have all their cryptocurrencies with quick access at their fingertips.

More features

Alttex also has other features like

The call feature that allows users communicate with other users via the app in exchange for cryptocurrencies. The Altmessenger allows users make calls in exchange for crypto.
With Alttex, users can replenish their coins directly with their credit cards.