info_tfgrid/collections/_archive/possibleecosystem/mitaa/mitaa_intro.md

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2024-02-27 11:11:12 +00:00
![](img/mitaa.png)
# Mitaa
Bringing fairness, security and scalability to digital commerce. MITAA platform is an easy-to-use and open-source digital currency and marketplace system that allows you to exchange currencies, goods and services in a peer2peer, fully secure way.
## Our mission
![](img/peer2peermarketplace_.jpg)
We believe that everyone has the right to
a free and open peer2peer platform that enables a fair exchange of value.
A system without abuse & trust issues.
Open-source, peer-to-peer
digital currency and marketplace platform that are ultra safe and built on peer2peer digital twin technology, available to everyone everywhere
## The problem we resolve
We dont need centralized parties in digital commerce — yet they keep becoming more powerful every day.
Promising projects with new tokens encounter many barriers and excessive costs to launch and exchange listing
- No sovereignty or control
- Centralized exchanges and wallets have custody of funds and require middlemen
- Huge security and data privacy issues
- Large exchanges are easy targets for hacks with little recourse or protection
- Market manipulation and no transparency
- Fake volumes and market-making, algorithmic trading
- Complexity and lack of information
- Hard to navigate exchanges, complicated eCommerce systems, ...
- Not enough interoperability
- Existing platforms seek to lock in users to their own ecosystems
## Some Benefits
- Built on peer2peer cloud/internet capacity (the new ThreeFold Internet)
- P2P cross-chain swaps through FinTwin technology
- Open source protocol
- Capable to support all required cryptocurrencies
- Users have full custody and control over their assets (sovereign)
- Easy to use, no complex onboarding or order books
- Significantly reduced listing and regulatory costs/hurdles
- Super capable smart contract layer
- Dual Chain = money blockchain + smart contract consensus chain
- Infinite scalability
> see [presentation](mitaa_2021_intro_v2.pdf)
## Status
- prototype is being worked on, not ready for primetime
- should have first version ready by end 2021
## Business Model & Funding
!!!include:tsc:twin_valuation_intro
Funding is part of what we do for Digital_twin
```charty
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{ "label": "Sustainability", "value": 3 },
{ "label": "Product Ready", "value": 1 },
{ "label": "Market Traction", "value": 0 },
{ "label": "Sales Focus", "value": 0 },
{ "label": "End User Focus", "value": 4 },
{ "label": "Future Value", "value": 5 }
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```
!!!def alias:mitaa
!!!include:tsc:twin_projects