Serenity Financial(SERENITY)

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Serenity Financial(SERENITY) Serenity Financial(SERENITY) Main Pending statistics

Summary

Serenity Financial is a secure and transparent marketplace for traders and brokers to meet. The platform itself acts as an intermediary which uses blockchain technology to regulate those dealings and provide a convenient, secure venue for purchases and sales. However, aside from being a platform for brokers, the marketplace will guarantee honesty and transparency of trading transactions, recording all trades in blockchain, serving as an arbitrator in disputes, storing funds on smart contracts, providing liquidity for brokers and taking care of KYC procedures. How does the project create value to the ecosystem and differs from competing projects By employing blockchain technology, Serenity dramatically improves one of the most scandalous sides of financial industry — Forex trading. Millions of traders around the globe are involved in Forex trading and encounter fraud. Existing regulatory bodies have failed to create a system that could draw a line between “good” and “bad” brokers. There are no laws which allow traders from India, for example, who trade with a Russian broker, to submit a claim and get their money back. Serenity project can do all these things! It is not restrained by any jurisdictions thanks to blockchain technology. The project is designed to prevent fraud on Forex using blockchain technology. Forex brokers and cryptocurrency exchanges are united on one platform, moving Forex industry into the new paradigm. Serenity pushes the industry to evolve, having created a standardized blockchain-based space with equal conditions and requirements. The platform acts as an arbitrator and settles disputes between brokers and traders. All trading history is recorded using transparent blockchain-based technology, preventing any chance of forgery. The clients are protected even when trading with foreign and offshore brokers. Serenity solves the problem of investors` trust for small and emerging brokers and generates an increase in customers. The project increases the quality of services of small brokers by providing liquidity.

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