P2P Steem/USD Exchange: trust-issue solved by SteemHalo
A few times in the past I emphasized an easy to do enhancement for Steem:
https://steemit.com/steem/@mexbit/we-need-steemhalo-function-for-steemit-in-order-to-unlock-a-trillion-usd-international-market
I got sent a link from a post from Jerry:
https://steemit.com/steemj/@jerrybanfield/hire-3-steem-developers-to-build-usd-steem-exchange
P2P Trust Problem, how to solve?
Jerry mentions in his post that he does not have a solution to the trust problem for P2P exchange of USD for Steem/SBD.
SteemHalo would provide the perfect solution and it would be enough to recreate the logic of BitHalo/BlackHalo from David Zimbeck.
Perhaps even the solution could be a bit streamlined here and there, but everything that is really needed is included already.
Steem supports multisignature and basic smart contracts like Bitcoin does, right? I mean there are really great coders at Steemit Inc. Would they really have a problem including this function?
It could facilitate P2P buying and selling for everything. The only trust you would need to have is that the other person does not want to loose money. And usually, no European, no African, no Asian... there might be huge cultural differences, but nobody wants to loose money. Right? That is all that SteemHalo would need.
Interesting thoughts but getting trust when it involves financial transactions is difficult.
Here it is easy... read the example in my old post from 18 months ago...
I only see the post above which is 6 months old. can you please link me to the correct post?
https://steemit.com/steem/@mexbit/we-need-steemhalo-function-for-steemit-in-order-to-unlock-a-trillion-usd-international-market
I agree with you. if Steem/USD exchange trust-issue solved by SteemHal.
This is very impotent information and useful.
Solutions to problems are like sunshine. really good one!!!!
It seems so that very few people are interested in this topic... Although this would be really huge for Steem and is much less work than the SMTs...
Tnx for resteem.
@mebit, Absolutely most important topic discussion you from this post. Excellent assistance. Blackhalo taken over to solve P2P exchange problem. Currently P2P allows you to buy and sell bitcoins in exchange for national currencies. Its be USD/Euro/GBP. In this time more exchanges site error while occurred maybe most of unconfirmed transactions. No need for registration, peer-to-peer and trading can not be stopped or censored, Secure and every aspect of the project is transparent of P2P.
I don't know how to has trust exchange problem. But will hope P2P trust exchange would be awesome again. Thanks @mexbit.
Resteemed your post.
Thanks for resteeming!
I agree with you. if Steem/USD exchange trust-issue solved by SteemHal.
This is very impotent information and useful.
Cryptocurrncy steem is the good valuable post and Great writing experience .
Thanks @mexbit
Have a great day
Resteem
Thanks for resteeming!
Tnx for upvote
Steem support can help you to solve the problem.
if it be so trusted it will rapidly succeed........but the problem has been dispelled soon
Actually informative information to steemians because inside steemit blockchain only used steem and SBD. If steem and SDB exchange has some problem its really bad to us. I think this is solve problem correctly. Thank you update.
Up-Voted & Re-Steemed.
you are trying your best and giving some best thoughts about how it could work i appreciate your post and just imagine if gets implemented
So much love to share,.. and Yes,... with the one who appriciate it everytime
This is very impotent information and useful.
Upvoted & resteemed