The Blockchain technology designed by Satoshi Nakamoto is intended to enable unmediated peer-to-peer, electronic cash transactions between people from anywhere in the world without reliance on a central authority. Satoshi intended the technology to be used as an alternative financial system, allowing users to transact freely. Today, it is clear we have deviated far from that vision in how we centrally onboard and offboard ourselves.
We at Joint believe in this founding vision and, as such, designed the Joint Protocol to provide maximum freedom—the ability for people anywhere in the world to self-organize, pool on-chain and off-chain liquidity, and instantly or interactively exchange crypto tokens (ERC20, ERC712, ERC1155, and synthetic/fiat-backed tokens) directly from wallets and without a custodial service.
Joint Protocol enables users to organize, locate, and interact with each other to exchange tokens, fiat-backed assets, and NFTs directly from their wallets, similar to transferring tokens from one wallet to another. For clarity, Joint is like Uniswap but supports interactive, multi-step swaps.
With the flexibility enabled by the Joint Protocol, users will need tools to manage their liquidity, evaluate and interact with peers, automate trades, resolve disputes, and integrate with local payment systems. Fortunately, the Joint Protocol is designed to allow easy extensions by anyone to provide custom experiences; this includes but is not limited to KYC/AML, payment method integration, security deposits, lockup requirements, etc.
Just like how chains need AMM DEXes and bridges, chains also need a peer-to-peer exchange protocol that offers a non-custodial, freedom-maximizing approach to user on/off-boarding. Joint is the archetype.
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