Over the last couple of years, the term cryptocurrency has been rapidly gaining ground and understanding of its use and value in the public eye. At first it seemed unfamiliar and somewhat scary like the credit card looked to users in its early days.
You might be more familiar with terms like Bitcoin, and Ether. These are all cryptocurrencies using the Blockchain Technology to keep this currency and technology safe.
Currently, there are many types of cryptocurrency. A simple google search of the popular trend shows you the start of the growth and where it is taking us.
Incredible Benefits Of Cryptocurrency
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Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market. Kenya’s M-PESA system, a mobile phone-based money transfer, and microfinancing service recently announced a bitcoin device, with one in three Kenyans now owning a bitcoin wallet.
Decentralization: A global network of computers use blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated.
Recognition at universal level: Since cryptocurrency is not bound by the exchange rates, interest rates, transactions charges or other charges of any country; therefore it can be used at an international level without experiencing any problems. This, in turn, saves lots of time as well as money on the part of any business which is otherwise spent in transferring money from one country to the other. Cryptocurrency operates at the universal level and hence makes transactions quite easy.
There is no other electronic cash system in which your account isn’t owned by someone else.
Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you.
It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptocurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you).
Overall, cryptocurrencies have a long way to go before they can replace credit cards and traditional currencies as a tool for global commerce.
Fact is, many people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it to be able to apply it to their lives. Businesses need to start accepting it They need to make it easier to sign up and get started.
The future appeal of cryptocurrencies lies in allowing you ultimate control over your money, with fast secure global transactions, and lower transaction fees when compared to all existing currencies.
When used properly and fully understood it would be the initiator of many emerging systems that will fundamentally change our global economic system.
This project will make you feel safe and comfortable when selling or buying a cryptocurrency, not afraid of "the exchange fee is too expensive". Another problem that is still a lot of bad systems taken by the hackers
The idea of the team of this project is to create a learning platform in the field of digital money, technology, the ability to exchange cryptocurrencies directly with each other using P2P. The main focus is on the use, creation of a mobile decentralized platform for the exchange without intermediaries of digital money for Fiat with the help of smart contracts.
Thus, each user in the conduct of such operations will be protected from hacking, fraud, loss of money and control by third parties. This will significantly reduce the costs of the commission, which offer today, many stock exchanges, a waste of time to search for more advantageous rates.
In addition, there is a function of quick exchange of cryptocurrencies among themselves. The price will be average depending on the capitalization on the main exchanges and this information is located in the Market section. There will not be such that it is possible to set any price, as usually do a simple exchange and the commission sometimes reaches 10-15%, which also pushed people from the digital industry. On this platform, this figure will vary from 0 to 2% just.
Such advantages will only give a great popularity and development of this project on a considerable scale, which will also lead to an increase in the price of the STM token, which will be used in the ecosystem in all operations.
But that's not all: for beginners there will be an information, training portal with the provision of the best courses, news, presentations in the world of crypto-currencies, which will allow to increase capital, earn, take an active part, if you are already a professional, analyst, investor and receive for such a contribution to the development of tokens that can be sold on exchanges.
More info:
Website: https://streamity.org/
Whitepaper: https://streamity.org/uploads/docs/en/Whitepaper_Streamity_en.pdf
ANN: https://bitcointalk.org/index.php?topic=2519489
Facebook: https://facebook.com/streamity
My Profile BTT:
https://bitcointalk.org/index.php?action=profile;u=1676231
my wallet:
0x6079b64f3CC92f79464f736eA4b130C5D6A44777
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