Creative Intelligence In Action
Serenity is the first blockchain escrow for financial and cryptocurrency markets
Serenity will unite brokers and traders on a single platform that uses blockchain to ensure the never-seen-before level of protection of financial assets for all traders and investors no matter the country of residence.
How was the idea of Serenity born?
Most of our team members worked for a long time in the retail financial industry providing services for private traders in online currency and CFD trading.
Over the years of working in the financial services industry, we saw traders losing their funds to dishonest brokers or exchanges. The most frequent causes of losses are: the broker supplies quotes that differ from market quotes, the broker cancels profitable transactions, fraud. Another problem is the jurisdictions. There are no laws or regulatory bodies which would protect an Indian citizen trading with a Russian broker against misapplication of funds by the broker.
Then we asked ourselves how we could make the market truly safe. We’ve decided to find the solution to that — something universal and easily accessible all over the world. What will improve the quality of services and at the same time reduce their cost? So, after a while, the Serenity project was born, The First Blockchain Escrow for Financial Markets!