Streamity: Revolutionalise the Exchange of Crypto

in #cryptocurrency6 years ago

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When I first joined steemit, the very first question I asked my self is "how do I exchange my coins for real cash?" because the local grocery store does not accept steem. Cryptocurrency is gradually gaining global adoption and is referred to as a speculative market and there are quite a number of limitations associated with exchanging cryptos ranging from customer protection,secutity upto scalability. Fortunately, streamity is a platform will decentralized cryptocurrency transactions by providing smart contracts in transactions.

Streamity is an exchange app with P2P that uses the streamdesk platform for safe, easy and convenient transactions. Streamdesk is a peer to peer transactions that is built on blockchain technology to easy crypto exchanges.

Streamity will revolutionalise P2P transactions by acting as an escrow between an buyer and seller. For example, I want to exchange my steem for cash. All I have to do is contact a buyer and then we both send our assets to streamity based on a particular smart contracts that triggers the exchange to occur. The smart contracts is opened and assets are returned when one party does not fulfil its end of the contract thereby erasing fears of security.

Huge Transactions charges is one big disadvantage in cryptocurrency exchange and a major setback for investors. Streamity is a platform that will reduce scalability because it does not require high transaction fees, commission on sales etc.

https://steemit.com/crypto/@originalworks/605-steem-60-bonuses-sponsored-writing-contest-streamity

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