Amuktrade app introduces a new and borderless way to trade investments:
Amuktrade mobile app in iOS and Android has introduced a new kind of trading — peer-to-peer investments swaps. You can swap any two assets or investments, without needing to buy or sell them, from any two parts of the world, any time, with any one you choose. You can do these swaps for hedging or for speculating. And you make money if your asset outperforms your counterparty’s asset. All payments currently are made directly between the two counterparties.
Founded by a broker, Anna Mukhopadhyay, a former Registered Representative with NASD (now FINRA), Amuktrade doesn’t need you to have a brokerage account or a broker to trade on it or pay any commission. You can swap assets on the basis of their earnings, intrinsic values, or whatever factor/variable, fundamental or technical, you choose. And you don’t have to compete against anonymous traders with superior information and financial resources, and therefore trade at a disadvantage, by swapping only peer-to-peer.
The app has created its own cryptocurrency to secure payments:
To eliminate all hassles in cross-currency payments, and to ensure all payment settlements, Amuktrade app has created its own cryptocurrency ATC on the Ethereum blockchain. The app can’t guarantee all payments yet, especially those made in currencies other than its own cryptocurrency. But it plans to start doing that shortly — and thereby create a new, equitable, stable, truly borderless peer-to-peer financial market.
Read the vision : https://unprice.world/uploads/AmukTradeFile.pdf