Dether is the first mobile friendly app. Anyone who has a smartphone and has internet connection can use it. It is a peer to peer ether network and allows you to use your phone similar to a bank. Ethereum Smart Contracts boost this network. Dether targets to make Ethereum available globally and whoever desires to connect with it. The fundamentals of Dether are as follows:
• It is thoroughly decentralized.
It employs a wholly encrypted peer to peer communication thereby making it secure. Nobody has a hold of the information. Buyers and sellers can explicitly interact anonymously with each other on trade conditions and initiate a meeting location. When they finally meet up, sellers are adept to analyze the buyer’s wallet to transfer the ether without the help of a middleman.
• It is administered by Ethereum smart contracts.
Ethereum smart contracts enables encrypted information. The user has entirely control on their wallet. With the smart contract rating system, sellers and buyers have their own public reputation based upon their transactions and the volume of transactions that they have favorably completed. Thereby, it guarantees a trusted transaction.
• It is mobile friendly.
Everyone adapts to the emerging society, thus Dether is the first mobile responsive design whereby it allows you to use your phone like a bank.
• It is trustless.
Sellers are able to transfer Ether to their Dether Wallet. Once they do so, buyers can see the amount of ether the sellers are ready to sell. No funds are held by Dether, the user exclusively has the right to fund his wallet, withdraw or sell his ether.
• It is an interactive local map.
It is easy to locate ether buyers and sellers on the Dether map. Accepted ether is stored as a mode of payment. It also finds out shops that accept ethereum.
