STREAMITY: A New Approach to Safe and Fast Money Transfer Between Crypto and Fiat money

steemari (46)in #streamity • 7 years ago (edited)

Digital currencies, which have risen at an unprecedented rate in the past few years, are increasingly affecting consumers' spending habits and methods of buying, that is, every aspect of our lives and of course the world economy. In sum, it is possible to express digital money as a hidden virtual concept behind a series of cryptographic sequences relied on mathematical operations, which are called "crypto-money" and are very difficult and costly to achieve.

Cryptographic currencies are forming a new peer-to-peer style without needing a reliable broker. New developments in the digital currencies, especially ups and downs, take our attention whether or not we invest money and also they seem to be appearing on the social platforms very often. In addition, the volume of transactions in the digital money market is increasing due to the popularity of investors and deposits. In this article, we will talk about the ‘ Streaming’ approach, which provides a comprehensive encryption and exchange service for cryptocurrencies without using financial intermediaries. For further information, please visit www.streamity.org

What is Streamity?

As I mentioned briefly above, Streamity is a service that can achieve comprehensive encryption and exchange for cryptographic currencies without any intermediaries. This approach certainly uses very intelligent contracts to free users from all kinds of fraud. Streamdesk is a P2P platform, a service that mutual parties can manage. it is a very innovative and profitable approach to the use of blockchain technology, as well as a perfect security for the second party. Moreover, there is no comparison between traditional financial institutions including the stock exchange, banks or others, and banking services because the Cryptographic currencies are transferred instantly between individuals. That is to say, the Streamity project will present a decentralized P2P stock exchange platform relied on block-chain and smart contract technologies for crypto-to-paranormal transfers. All transactions will be between the buyer and the seller, who are directly involved in the transaction, without any intermediary or third party.

One of the issues that investors interested in the digital money market have discussed over the last few years is how to switch between crypto money and regular money in a safe and fast way. The best solution known in this regard is; the most popular centralized crypto money market sites and cashmere cards supporting crypto money. This known solution has some disadvantages as well. These include;

• Very high commissions and transaction fees allocated from these sites or banks

• The vulnerability and transparency level of these sites or banks is low

Properties of Streamdesk

Streamdesk has features that other digital money transfer platforms do not have. These include:

•Smart Contract cannot be separated from ecosystem streams and also it gets involved it.

• Operational Legality: It follows the policy of KYC based on a fair partnership.

• Minimum Commission: Users can arrange the transfer method according to their policies and at low rates. For example, the ratio can range from 0 to 2%.

• Simplicity and Convenience: Through this platform, crypto money is a simple and secure way to buy or sell easily.

• Crypto- freedom Community: Fiat money can freely be used and the encryption process and is legal. The exchange rate is determined by the current exchange rates.

In addition, the "StreamDesk" platform has many advantages. These include:

.It offers easy and convenient service.

• Serves on an unlimited global large scale.

• You can save on crypt money buying because you do not need to have fixed interest rates, low commissions and hidden fees.

• You can buy and sell the cryptocurrency at a fixed price. Encryption rates are fixed.

• When transferred to the account of the dealer, the security of the crypto exchange customer is assured when a signal from the payment system turns on the smart contract.

• If a buyer does not transfer an actual penalty to the seller's account within a limited of time, a smart contract is initiated and the crypto is returned to the account of the money-seller, which ensures the encryption security.

• 24/7 reliable technical support is provided.

Advantages of STM Token

STM markers are frankly traded on big cryptographic exchanges that can be utilized by new customers and permit investors to sell them instantly. Development of STM services and the wants of new customers will constitute an established demand for STM. Hence, in addition to the currency value rise associated with the fiat currencies of the STM symbols, there is also a potential for the main cryptographic currencies.

Since the "Streamity" project is relied on the group services that are well-known, the project services for the market requirements of the crypt money will be protected. It is assumed that STM will be stable as STM's exchange rate increase and movement are very low.

One of the main problems of current cryptocurrency environment is the cryptocurrency exchanges. They have a disturbing user interface, are difficult to use and densely centralized. Furthermore, they are unsafe to hacking and state control. The centralization is a critical problem in the crypto environment since Satoshis concept was a decentralized world without centralized banks, which rise from by taking money from the masses.

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Conclusion

The current cryptocurrency world has a problem with exchanges. Since they have a structure of centralised, they do not have the ability to free themselves from any kind of fraud, hacking or by government-directed controls. So all of these problems can only be solved by a suitable and well-organised decentralised structure. Streamity as a new approach, which is a new blockchain project, seems to achieve this problem. It aims to place a new understanding of decentralised process since the world is mostly dominated by the centralised exchange. So, decentralisation is the keyword of this new project. To improve the system, they started to implement P2P based StreamDesk Cryptocurrency Exchange. It will solve the problem of centralised exchanges, plus, it will form a new ecosystem with smaller fees for trading. Nowadays, some cryptocurrency exchanges convert fiat money to crypto with high fees. However, Streamity promises to provide seller/buyer security via smart-contracts. Streamity.org portal also allows you to be trained about cryptocurrency world such as news, new ideas, high-quality analysis, training courses created by experts, etc… For these and more, please visit that portal: www.Streamity.org.

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WEB: http://www.streamity.org/

Whitepaper: https://streamity.org/uploads/docs/en/Whitepaper_Streamity_en.pdf

Facebook: https://www.facebook.com/streamity

Twitter: https://twitter.com/streamityorg

Telegram: https://t.me/streamity

Github: https://github.com/streamity/stm-smartcontract

Ann Threat: https://bitcointalk.org/index.php?topic=2519489

Youtube: https://www.youtube.com/channel/UCOXe_JuM-loN7nKPkh-4TBg