P2P or not P2P?

Kirill Murzin
QVOLTA
Published in
1 min readJul 28, 2017

Based on best practices, Qvolta achieves decentralization of interaction between users. Our service has 2 components, as well as any other working not only with cryptocurrency, but also with fiat money servicе.
The work scheme of our business:
1. Payments/Transactions with user’s fiat money
2. Payments/Transactions with user’s cryptocurrency

If we consider the first component, then we are completely decentralized: the users’ fiat money does not go through our trading platform and users make payments to each other directly, without our participation. On the second point, of course we could not be called completely decentralized, because orders are processed by a centralized escrow mechanism. Decentralization technologies are very important, so Qvolta is planning to achieve full decentralization ecosystem.

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