My design for the Mediaworks graphic contest: Streamity

darioska23 (45)in #contest • 6 years ago

Streamity is an entire platform for cryptocurrencies, centered around the concept of P2P exchanges. Streamity will be releasing a line of services, and have already release the alpha version of their main service - StreamDesk, an app for P2P cryptocurrency exchanges using smart contracts to ensure security.

Streamity, a crypto exchange decentralized, has announced the number two phase of its ICO and a beta version of its flagship product, StreamDesk, from June 25.

StreamDesk is a decentralized application based on blockchain that allows users to convert virtual currencies into fiduciary money without intermediaries or hidden commissions, earning much to today's exchange, since it allows exchanges with the majority of cryptocurrencies in the market.

Its developers will complement the basket with a series of altcoins and reach cooperation agreements with the main payment systems to improve comfort for users. According to Vladislav Kuznetsov, founder and CEO of Streamity, the negotiations are close to completion.

The sellers or buyers of cryptocurrencies will benefit from substantial savings by avoiding double conversion. Most P2P platforms work exclusively with Bitcoin and Ethereum, which means that those who wish to exchange altcoins for fiat or vice versa are forced to spend up to 10% or more on the rates.

The platform makes sure that the service that is currently jumping is plagued with faults:

A centralized nature, which means that service providers restrict users more severely than national regulators would

Unsafe storage of assets and susceptibility to hacker attacks (most important)

High commissions and double conversion when buying / selling crypts

Lack of user support and adequate information for learning.

Streamity protects transactions from any interference with the help of high-security intelligent contracts that are integrated with the payment system's API. The smart contract receives a signal from the API since one account receives fiduciary money from another.