WHAT IS STREAMITY?

According to the Streamity website itis a multi-faceted platform that is designed to continue growing with their users.

Streamdesk is a major tool used in the
Streamity exchange platorm which has been integrated carefully with the streamdesk decentralised application (DApp) to facilitate trust worthy transactions amongst its users

Streamity seeks to address the common problems associated with crypto exchange.That was y the brains behind Streamity are on a mission of contributing to the improvement of the security of the crypto-community by developing a transparent streamdesk service for FAIT currencies without third parties.
Streamity will change the p2p exchange industry by the use of smart contracts .the hike in price of crytocurrencies has lured new investors which has also increased the number of fraudsters l.But by using smart contracts it prevents users from incuring losses due to fradulent activities from fraudsters.
Streamity can change P2P exchange industry by charging users little or no charge at all and also try to exhibit low market prices of its tokens

Streamity is better than other existing exchange platforms because of the following reasons :

• It is trustless because users funds are not held by any third party but the users themselves.

• the risk of server down time is zero

• Streamity uses the streamdesk platform which is a very user friendly platform for both beginners and expects

• Streamity runs a Know Your Customer policy (KYC) by regular verification and update of customers information this is done to reduce the amount of fraudulent accounts.

• user details of users are not exposed to anyone

SMART CONTRACTS OFFER SAFETY FOR BOTH BUYER AND SELLER
If a seller wants to sell a crytocurrency ,the crytocurrency would be blocked using a smart contract so that when the money enters the sellers account the payment system will then send a signal to open up the smart contract and the buyer will receive the crytocurrency.
If along the line the buyer does not send the money to the account of the seller within a given period of time the smart contract opens up thereby returning the cryptocurrency back to the seller

In order for Streamity to help mass adoption of crytocurrency it not only had to enable users to convert crypto and fiat currencies with low commision but it has also securely store users balance in fiat currencies ,it has also provided information and technological resources which will include data processing ,investments and educational resources

Giving people the ability to use fiat will lower the barrier to entry with the following reasons :

• if fiat users are given the assurance that both crypo and fiat can be used on streamdesk platform then more people will enter into the crypo market
• people will be prompted to use fiat because of its safety and terms of transactions and fiat money is used between individuals
• commission charges are at minimal

Some useful links :

Streamity Website
Streamity Whitepaper
Streamity Youtube
Streamity Facebook
Streamity Twitter
Streamity Medium
Streamity Telegram
Streamity Bitcointalk

This an @originalworks contest.For more information about the contest click Here

Steamity2018