Problem Statement
Last updated
Last updated
Traditional P2P exchanges and DeFi-based platforms face several critical bottlenecks that hinder efficiency and user experience.
1. High Dependency on Intermediaries or Manual Processes
Traditional platforms rely on third-party intermediaries (e.g., eBay, Shopify, Fiverr), leading to high fees and inefficiencies.
P2P transactions conducted under manual collaborations often bring in high risks in financial and time losses.
2. Cost Challenges
10%-20% transaction fees are usually taken by centralized systems.
Manual collaborations may cost even more.
3. Capital Efficiency
Payments are often frozen for 10-30 days, reducing capital efficiency.
4. Cross-Platform Complexity
Cross-border currency conversion
Cross-system API integrations
Insufficient API capabilities..
OMG, and more..