info_tfgrid/_archive/possibleecosystem/mitaa/mitaa_intro.md
2024-03-18 14:28:08 +02:00

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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

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

Status

  • prototype is being worked on, not ready for primetime
  • should have first version ready by end 2021

Business Model & Funding

!!!wiki.include:tsc:twin_valuation_intro

Funding is part of what we do for Digital_twin

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!!wiki.def alias:mitaa