You can download the YANT Coin Business Introduction.
In trying to escape from the centralized server approach where there are risks such as artificial control, manipulation, and hacking, those prominent blockchain cryptocurrencies that are clamoring for decentralization are ironically facing their biggest challenge in being stuck in just such a typical, centralized service exchange. Therefore, blockchain cryptocurrencies are exposed to risks such as control, manipulation, hacking, restrictions on the transfer of cryptocurrency between countries, and even limitations on the rights of cryptocurrency owners.
Due to these problems, major exchanges around the world have recently opened decentralized P2P exchanges, amid the calls for decentralization. However, most of these P2P exchanges can only be used after registration as on a regular exchange, which includes signing up under one’s real name, opening an account, and depositing cash, or by having funds placed in escrow. This method allows for the transfer of coins directly between the electronic wallets under the guarantee of the exchange, but only at the final transaction stage.
Consequently, these P2P exchanges are not particularly more convenient than existing exchanges, with restraints on trading areas (countries) leading to some inconveniences while using them. There are still many limitations on the use of P2P exchanges by users in places (countries) where exchanges haven’t been established, and trades between countries are also very difficult. In addition, it is difficult to expand the exchanges themselves due to issues of regional limitation, and they are not free from various external regulations and management. Distributed P2P trading systems linked with blockchains are also emerging, but for a number of reasons, they have not yet implemented a complete P2P trading scheme.
YANT has developed the world's first fully-distributed transaction system for P2P trading in order to solve these unreasonable problems with blockchain cryptocurrencies.
By using YANT Wallet, it is possible to store different cryptocurrencies based on other blockchains such as the Bit series and the Ether series in your own wallet, and you can transfer or receive cryptocurrency with anyone in the world at any time with your e-wallet, without the involvement of existing exchanges or anyone else. The YANT P2P trading system does not have an exchange but only a trading system within each owner’s e-wallet, where anyone with YANT Wallet can freely trade coin without restrictions. Additionally, since there is no need to transfer or move coins externally, for example, to the exchange, it is more convenient, safe from hacking issues that may occur outside of the e-wallet, and there will be no hacking of the exchange as a whole.
Particularly, the YANT P2P trading system does not require a complicated registration process, nor are there multiple stages involved in using it, as in existing exchanges. Also there are no restrictions on trading areas, no escrow conditions, no need to move the cryptocurrencies, and no commissions. It is a perfectly decentralized P2P method with no interference or control from any third party. The YANT P2P trading system is a revolution in cryptocurrency distribution.
Unlike existing exchanges which use a central server and escrow, the YANT P2P trading system, based on blockchain, takes place entirely within the e-wallet, with no external exchanges involved. When you open your personal e-wallet on your mobile phone (PC also available), a trading window similar to that in existing cryptocurrency exchanges appears on the screen, and you can trade immediately or order trades according to your desired conditions.
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