STREAMITY AND IT'S ROLE IN THE CRYPTO MARKET

in #streamity6 years ago (edited)

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Streamity is a multi-faceted platform that is used in StreamDesk which uses smart contract and the block-chain to make their services reliable and secure.
Streamity will change the peer 2 peer exchange industry for good because of its reliable and secure format, because it involves the use of smart-contract, which means peers or two individuals who wants to make an exchange will do so without second thoughts or fear in their heart.
In other existing system whereby two individuals want to enter a transaction let’s say exchange of FIAT for crypto there might be a disagreement between the two parties, Mr. A might ask to receive the crypto before he pays for it, while Mr. B might in turn ask for the FIAT before he sends the crypto. This will lead to uncertainties between both parties which will arise to loss of trust. It can also lead to delay of simple transactions whereby the both parties might waste good amount of time in argument or debating about the transaction with both parties not ready to risk his or her negotiating stand by trusting his or her FIAT or crypto with someone else. But with the use of a platform like streamity for exchange each peer enters the transaction without an atom of fear.
The streamity ensures safety for both buyers and sellers because each party enters the transaction knowing that it uses smart-contract which is being supported by escrow system which means there must be a third party which holds and regulate payment of the funds between the two parties in the given transaction
People major fear in purchasing or buying crypto is their fear of not getting what they have pay for. But with a trusted platform like streamity people will have no fear in purchasing cryptocurrency because of the smart contract system that has been set in place, more people will get over their fear of being cheated in a transaction and will look to buy cryptocurrency which will bring about more crypto currency users worldwide.
FIAT is a recognized mode of exchange by the government which means almost everyone has access to FIAT. Because of the easy access of FIAT available to most people they can easily enter into a transaction readily at any point in time which helps to increase the number of entry and lowers the barrier to enter a transaction. Streamity2018
you can find more about this article from https://steemit.com/crypto/@originalworks/605-steem-60-bonuses-sponsored-writing-contest-streamity

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