This is my entry about Streamity contest. For @originalworks
How Streamity will change the way P2P trading is done. Will this actually prompt the fiat users to enter the cryptocurrency market? Well, if that was a direct question, the best answer should be YES.
Streamity is an ecosystem and streamDesk is a part of it.
Streamity, is in an attempt to create a system to support a exchange, through the smart platform known as streamDesk. Streamity believes that smart contracts can be used to allow the trade between any fiats and any Cryptos without the need of a formal exchange, thereby greatly reducing the transaction fees of the users involved.
OUR AIM.
Streamity is aimed at establishing a fair and clean streamDesk service which is connected to the near real time cryptocurrency market exchange rates and not allowing users to change it. However, it's services has small and non-hidden commissions . the security of the project is realized using smart-contracts.
streamDesk as part of Streamity.
StreamDesk project is based on the sought-after mass service and connection of new users will create a strong demand for the STM tokens. However, the token will be openly traded on the main crypto exchanges and through streamDesk services, users will transform cryptocurrency into ordinary money as it is much more profitable by ensuring access of new users to the service.
Do you know the key element of Streamity?, what is it's AIM?, and How will it impact cryptocurrency to fiat conversion?
The key element of Streamity is STREAMDESK decentralize application for exchange of cryptocurrency to fiat money without intermediaries on the basis of smart contracts.
The key element of Streamity, streamDesk aims at protecting each crypto society member from risks of cryptocurrency exchange and thereby accelerating cryptomarket development.
Is streamDesk platform advantageous?
Yes it is. StreamDesk platform users obtain price quotations as close to the current exchange rates as possible. This also attracts fiat users to enter the cryptocurrency market.
Therefore, Streamity changing the way P2P trading is done will prompt fiat users to enter the cryptocurrency market.
How decentralization benefit P2P trading, How is that possible??
Oh yes, it is possible. Decentralizing Streamity will diversify it's activities. It will reduce the burden of the Chief executives' with making routine decisions. They can easily devote the time available for important activities such as diversification of cryptocurrencies, raising necessary finance, obtaining licenses and starting new lines of trades and solving crucial problems of the platform concern.
Diversification of cryptocurrencies is possible only by departmentalization, without decentralization, departmentalization is meaningless and practically impossible.
Decentralization is an important tool for satisfying human needs, trust, independence, believe, and prestige. This satisfaction helps In building a cadre of trusted users in the platform, who feel their responsibility towards the platform.
Decentralization will minimize delay of unsuccessful transactions thereby maximizing the number of successful transactions since decision making authority is as near as possible to the place where action takes place.
As Streamity grows in size, it requires the services of a large number of managers and here DECENTRALIZATION provides a training ground for the would-be-managers. The managers learn by experience within the platform concerned.
Without decentralization, their would be lack of uniformity.
Actually, Streamity has captured public imaginations and provided the conceptual framework for new generation of cryptocurrency that strive to distribute crucial processes and services that currently fall under the purview of large-for-profit platforms. Therefore, decentralization will be of great benefit to Streamity at large.
Thanks @originalworks for giving room for such a wonderful contest. It is indeed, a privilege to participate in this contest.
I am @officialgift
streamity2018
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