Kryptomarts is a peer-to-peer marketplace where users can trade
cryptocurrencies in a non-custodial manner without the need for
an intermediary to facilitate the transfer and custody of funds.
Kryptomarts substitute intermediaries—traditionally, banks,
brokers, payment processors, or other institutions—with
blockchain-based smart contracts that facilitate the exchange
of assets.
Compared to traditional financial transactions, which are opaque
and run through intermediaries who offer extremely limited
insight into their actions, Kryptomarts offer complete
transparency into the movement of funds and the mechanisms
facilitating exchange. In addition, as user funds don’t pass
through a third party’s cryptocurrency wallet during trading,
Kryptomarts reduce counterparty risk and can decrease systemic
centralization risks in the cryptocurrency ecosystem.
The vision behind Kryptomarts is to have permissionlessly accessible, end-to-end on-chain infrastructure with no central points of failure and decentralized ownership across a community of distributed stakeholders.
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