Does Serenity aim to become a regulatory body for Forex market?

Recently we have all been following the developments around Serenity - currently the No.1 blockchain project in FX industry. During the past few months, Serenity team has taken part in more than 40 blockchain and fintech events in China, the Netherlands, England, Russia, Indonesia, UAE, Singapore and other countries. Serenity presale finished on the 30th of November 2017. The successful presale reaffirmed tremendous interest and attention to the project in the FinTech community. And now it becomes apparent that Serenity aims to become the first blockchain regulatory body for the financial market.

Conflicts between traders and brokers

It's safe to say that up to this point, brokerage firms and Forex traders existed on different sides of the barricades. Traders who trade FX, CFDs, cryptocurrencies constantly fight for their profit, for the safety of their funds, try to avoid fraud and scam from dishonest brokers by themselves. And respectable brokers eager to prove their honesty and openness, trying to attract more customers by innovative products and competitive trading conditions. Still, even with the progressive development of official regulation in Europe, Asia and other sides of the world, this rivalry seemed never to stop. Until Serenity appeared with its great ideas.

Blockchain-based market regulation

Serenity offered unprecedented protection of the interests of private traders in the financial markets due to blockchain technology. At the same time, Serenity provided a solid way to guarantee their customers their reputation for brokerages around the world. Serenity offered to eliminate any doubt, worry about a possibility of fraud. The project promises all traders the opportunity to concentrate on what they really desire to do - trading in comfort. As well as to honest brokers to reach a new level of development, attracting new clients.

Supply of liquidity to brokers

Serenity will provide brokers with reliable liquidity sources for a very big number of financial instruments. All traders and brokers will be united in a single KYC center. This will prevent the dubious funds from coming to brokers. Customer transactions will be recorded in blockchain and this will rule out the possibility of a spoof of data. Traders' funds will be put on smart contracts, which will remove any possibility of non-payment to traders.

How it works

All of the above distinguishes Serenity from the recognized regulators, as it will ensure fairness of trading to all participants immediately in comparison to the existing regulatory bodies which are only able to protect investors after misconduct was committed. Serenity will act as a guarantor and mediator for traders and brokers, regardless of the country of residence of the trader and of the country of incorporation of the broker. Using the services of Serenity all market participants have the opportunity to compare the price of trades with the market history. Serenity has all the powers to mediate any disputed situation and enforce its fair resolution.

Actually, this means that the physical distance of the trader from the broker ceases to play any role. Brokers will not be able to use the intricacies of the law in their jurisdictions, they will be required to work with all traders under the same rules. From now on, the trader located a few thousand miles away from the country of broker registration will not surrender the trial simply because the cost of the proof can significantly exceed the cost of a dispute. All of these aspects of Serenity project provides participants with a marketplace of unprecedented comfort, secure, efficient and cost-effective environment for both traders and brokerage firms themselves. And it becomes obvious that such a system would work much more effectively than conventional government regulation.

Serenity ICO

Serenity is the first escrow broker-platform for financial markets that protects investors' funds from fraud and trading interferences by using smart contracts.

· The token sale is being held in one stage, from 25 January to 7 March.

· The project has already reached its $2,000,000 Soft Cap.

· The opening price of a token is 0.0001 ETH.

· Stock ticker SRNT.

· SRNT token has been listed by the largest Russian exchange, Yobit. Talks with several more exchanges are currently underway.

The project has been supported by major brokers from the Forex and binary option industries, including IQoption, Liteforex, NordFX, as well as Alexey Kutsenko (Founder of Tools for Brokers), Yagub Rahimov (adviser of the ICO project nagaico.com and founder of AtoZForex), and many others.

Buy Serenity tokens with 20% discount until the 7th March.

Media Contact:
Serenity marketing team
Marketing&PR
pr@serenity-financial.io

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