- P2P TRADE FOR DeFi
Geographic limitations to access to P2P tools
And Why a permissionless P2P exchange such as the Bazaar is important for those Geographies.
DeFi Peer-to peer financial transaction are one of the core premisses behind DeFi, when the both parties agree to the conditions of the exchange with DeFi technology removing the third party in financial transaction seems easy.the goal of DeFi P2P trade is to reduce transactions time an increase access to financial services.
The geographic limitations to access (P2P) in that it is difficult to provide overall security to the P2P network as each system is indeoene an contained its own data.
Because of the high risk of P2P scammers an some geographic limitations the Bazaar which came up as a personal project came up an decided to bluid a permissionless smart contract so that any ERC-20, ERC-1155, ERC-721 asset,if both agree with the terms in the contract the asset would be fetch from a user wallet an swap for any other asset,this will be done if the agree to the deal on Discord by the counter parties.
P2Ptrading
AUTHOR:UDUAK ISAIAH NNANA