Streamity Team Announces StreamDesk Service Launch Dates and Explains Future Plans

Streamity Team Announces StreamDesk Service Launch Dates and Explains Future Plans

By Oliver Carding - min read
Updated 25 May 2020

There is little time left until the launch of Streamity project’s main service. In the run-up to this event, the Streamity team have presented the alpha-version, which is accessible for testing to those people who want to check out service functionalities.

StreamDesk is a decentralized platform for cryptocurrency exchange, which is based on the smart-contract architecture and the API of payment systems. What does it mean to a user?

Firstly, the service is very easy to use.  Everything you have to do is to enter your blockchain wallet address into the system only once and then the process becomes simple and automated. There is no need to visit a third-party service in order to transfer cryptocurrency or check your balance or to work with full functionalities within the platform. Meanwhile, the cryptocurrency is never stored within StreamDesk system, which makes security impenetrable in comparison to centralized services. The same thing concerns fiat money. The whole process is automated and completely decentralized.

While the cryptocurrency is locked in a smart-contract until the fiat money is transferred in a certain period of time, there is no way to gain access to the smart-contract, the only way to unlock it is to receive the signal from the payment system. It guarantees the security of a transaction.

“We are developing fast, promptly adding different changes to the platform’s functionality, that’s why we decided to share with you our plans and tell you more about important innovations,” says Streamity CEO Vladislav Kuznetsov.

One of the biggest updates is that we have decided to add new blockchains as well as new cryptocurrencies. Thanks to smart-contracts, the platform guarantees security, that is why we’ve added support for NEM, NEO, EOS, ADA, QTUM. Now we are negotiating with them about partnership. Peer-to-peer exchanges will be performed within their smart contracts and we have the right to say that our platform unites different blockchains. We also work hard to apply atomic transactions inside the system.

Another important update that has been made is that we’ve made a temporary decision not to introduce tariffs into the system and to give all users an opportunity to get acquainted with the platform and make transactions without fees at the time of the service launch on June 25th! The beta version will work simultaneously in a fully functioning and test modes. The decision on fees implementation will be taken within a month, so everyone needs to hurry up and sign up in StreamDesk. We remind you that certain tokens holders will be able to make transactions without fees at all; all you need is to keep tokens on the balance sheet.

You can find other interesting updates on Medium or YouTube, where we cover all our events in detail and carry out webinars.