The Digital Economy includes the on-line sales of goods and services (e-commerce) as well as the on-line platform and infrastructure for commercial transactions (e-business). These developments spur the growth of the Digital Economy. The rapid growth of the Digital Economy increased the demand for on-line payments. As such, cryptocurrencies became an increasingly popular solution to meet the requirements of the Digital Economy. Its transaction information, usually stored on a general ledger, is open and available for system participants to view. Furthermore, cryptocurrency transfer is irreversible; third-party entities cannot cancel, block, dispute or carry out a transaction unilaterally.
Most countries lack cryptocurrency legislation. This means that cryptocurrency exchange platforms are not required to obtain money service licenses, and transactions with such exchanges are unregulated. Thus, trading platforms sometimes abuse the trust and confidence of their participants for profit. However, there is defense against such platforms: decentralization. The Streamity project embodies the idea of honest cryptocurrency exchange between individuals.
WHAT IS STREAMITY?
The Streamity will develop a fair and transparent Streamdesk service that allows for the exchange of cryptocurrencies for fiat currencies without intermediaries. This will help users save money (Streamity's fee is as low as 2%) and will protect them against fraud through the use of smart contracts. The key element of the Streamity project is the Streamdesk aggregator. Streamdesk ensures exchange of cryptocurrencies for fiat currencies using smart contracts, the most secure and efficient exchange of cryptocurrencies by aggregating market capitalization, and price data from major cryptocurrency exchanges. Streamdesk provides significant advantages to investors and users. There will be a clear display of relevant market data and its fees, coupled with a fair, transparent, and secure exchange.
HOW DOES THE STREAMITY DIFFER FROM THE COMPETITORS?
In contrast to our competitors, Streamity is the first P2P platform ready to protect transactions with smart-contracts. Smart-contracts provide additional security to the cryptocurrency exchange process, in addition to the verification of users. Fair cryptocurrency pricing is an integral part of Streamity's services. Rates are calculated in real time, aggregating the average weighted price from major cryptocurrency exchanges. Therefore, Streamity users can confidently and securely exchange cryptocurrencies at fair market value.
STREAMITY TOKEN (STM)
Streamity is raising funds to launch its Streamdesk decentralized application (DAPP): a P2P cryptocurrency exchange platform. The key element of the Streamity ecosystem is the Streamity token (STM). Packages offer different sets of benefits (packages are offered at different prices. The more benefits included in the package, the more expensive the package).
STREAMDESK TECHNICAL & KYC POLICY DESCRIPTION
There are two scenarios where cryptocurrency and fiat money are exchanged through the Streamdesk service: using automatic response of the payment system and the KYC procedure. This scenario has been formualted using Yandex.Money as an example. Using Yandex.Money's API for applications, we can obtain payment statuses from the Yandex.Money server and save users' data for future payments. Under this scenario, payments may be accepted in two ways: from Yandex.Money wallet or from any bank card.
To ensure long-term profitability and success, businesses in the 21st century must follow a number of simple rules. An example of such rule is the Know Your Customer (KYC) policy. The KYC procedure includes identification of financial beneficiaries, and beneficial owners, as they are customers of financial institutions (which encompasses cryptocurrency exchange services). Strict compliance of KYC policies protects financial institutions and their customers from suspicious money and transaction activities. As transaction security is one of the main priorities of the Streamity ecosystem, we must identify our customers and verify their provided information. In exceptional cases, where a high risk customer is identified, Streamity reserves the right to reject access to the exchange platform without giving a reason.
Roadmap
Team
- Vladislav Kuznetsov – CEO Founder
- Dmitry Martianov – CTO Co-Founder
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Oles Sribny – Head of Investment
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Maxim Yarushin – Business Development Manager
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Sergey Kolomiec – Online coach & Investment
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Sergey Bevzenko – Team lead Back-end Developer
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Egor Okhterov – Software Engineer
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Nikolay Stepanov – Blockchain Developer
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Pavel Demidovich – Front-end Developer
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Fridrih Mel’nichuk – Fullstack developer
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Valerij Kolomiec – Backend developer
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Nikolaj Pet’ko – Backend developer
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Ilya Rozin – Designer
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Olga Prosalova – Marketing & Community
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Daniil Lobov – Content Manager
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Albert Bolshakov – SMM manager
Quik Links
Written by : Elroiy
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=1890197;sa=summary
Myetherwallet address : 0x3F4e3f30e69562D8cb8ce989296462617354e523
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