Streamity: The new way to change cryptocurrrencies

in crypto •  7 years ago 

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The continued growth of cryptocurrrencies is a journey that has had multiple obstacles in its path. Not only will there be technical difficulties, but there are also a number of problems that are external to cryptocurrrencies, including the lack of clear regulatory guidelines and security problems caused by independent, centralised services.

Nowadays, with the appearance of crypto-currency, it has brought with it great benefits and other problems. One of the most common problems that crypto-currency investors have is where to exchange virtual currencies for fiat money. The emergence of hundreds of cryptobags or online wallets has been launched over the years to facilitate transfer and exchange, but there are extremely high fees and the exchange is not stable. In some cases it has even collapsed, as in the case of BTC-e in August 2017, in which the US authorities had to intervene.

Another problem with these trading platforms is that they do not allow transactions of small amounts of funds, as they have minimum restrictions on transaction amounts. Therefore, in the event that a user decides to make a small exchange to buy bread or clothing, they are restricted from making the exchange.

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These problems originated questions in the Steamity company which developed the StreamDesk application with which we will be able to make a transaction of only $2 through their servers and also with completely zero fees. From Start-up they assure that they will try to make the virtual currency exchange process totally independent and secure thanks to the architecture of the intelligent contracts and the API of the payment systems.

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StreamDesk is a new application released by Streamity at the end of January 2018, which exchanges as many coins as the user wishes to exchange. This Start-up has been able to raise $2.8 million and launched a crowdfunding campaign between March 12 and 25, 2018 with a maximum limit of $20 million. They are continuing to develop this application in order to create a decentralized platform, which does not depend on any server, revolutionizing the current market for exchanging cryptocurrrencies and facilitating the user experience.

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By implementing the use of these intelligent contracts together with numerous checks and various encryption algorithms to increase transaction security, they avoid the possibility of hacking into customer accounts which in most cases leads to total loss of deposit. They will create a P2P system where the user does not have to wait for the purchase queue to be available to make the exchange, being the seller and the buyer the ones who adjust and dictate the purchase/sale process.

The new application by StreamDesk will facilitate transactions with greater security with the possibility of making a purchase and sale transaction with a time lag of up to 12 hours or, on the contrary, in some cases, the possibility of cancellation of the transaction if one of the parties does not respond within a certain period of time.

For more information watch this short introduction:

STM Token

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Streamity has its own token which is the STM, this is the one that gives life to the ecosystem of the platform, this token will be used for the payment of all services offered by streamity, this token has a value of $0.20 USD and these will be distributed as follows:

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Team

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Roadmap

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More Information & Resources:

streamity2018

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