Meritt

Welcome my dear subscribers. Today I will tell you about a promising project. Meritt is an open protocol for the self-creation and maintenance of peer-to-peer financial contracts on Blockchain. A unique decentralized platform that will be very popular today. After all, intellectual contracts are a real guarantee of the quality of transactions. The project Meritt is ideal for the decentralized collection of funds, funding coins and more!

Open Protocol for chain building and implementation of peer-to-peer financial contracts

In this case, we can consider a simple algorithm for using the merit platform:

Set goals for the new contract. Merck compliant ERC20 financial contract that provides a framework for the transfer and division of tokens. Can the transfer be restricted to a closed user group and temporarily suspended? (The token can be frozen.)

Dynamic Payment Channel Any payments made by the Issuer to the Contract Terms (for example, payment of dividends by the Company) to the pool of Participants will be automatically transferred to the appropriate wallet where the issued Token will be stored. The distribution takes into account the proportional distribution of the underlying.

Voting and two-way communication. The voting mechanism can be public and the votes are forwarded directly to the evaluation contract. Optionally, the votes may also be private, and the contract will only be hashed to ensure the authenticity of the vote.

Bidirectional information channel: The contract token issuer can send messages to all subscribers via a smart contract to comply with the information requirements. Participants can send messages to the publisher when a contract is required.

Easy to create contracts and their implementation. Through the dapp network Merit, the fund seeker creates a financial contract and issues it, the corresponding contract token is coined and placed in a special contract for distribution, which automatically sends the contract marker to the participants after payment (similar to a vending machine).

A database for storing the created contracts. Participants and observers may request merit registries to obtain data on the existence of merit contracts (if publicly available), as well as data on events relating to each contract.

Data Storage Framework Allows users to manage and deploy identity and other personal information in a stand-alone environment and to restrict access to their data. The data itself can be stored independently or stored in a distributed data warehouse.

Some important features of the project

It's worth highlighting the factors that can grab the attention of platform participants:

Plug and play modules

For easy implementation and settlement of the various financial contracts on the Ethereum Blockchain

The protocol is independent of the asset class

Meritt's financial contracts may be securities, loans, bonds, utilities, property, or donation tokens. Issued for each financial contract the special token of the contract ERC20.

Key terms perfect and set on a block chain

Transparency and confidence in the future execution of key terms and verifications of unchangeable distributed books. The secured results and easy operation of financial contracts through mining contracts.

Identification of a sovereign identity card and secured ownership
Participants have full control and ownership of their encrypted personal information and credentials, and may disclose zero knowledge information.

Decentralized and free, without Meritt Commission, without intermediaries
Decentralized blockchain architecture. There are only gas costs incurred. Complete the financing in a true peer-to-peer environment.

The developers of this unique distributed platform are ready to offer their clients the opportunity to complete profitable, high quality and secure transactions. All intelligent contracts are the perfect guarantee for meeting all conditions of cooperation. In this case, all participants in the transaction receive reliable protection against fraudulent systems. At the same time, all transactions are carried out very quickly.

More info:

Website: http://www.meritt.co/
White Paper: http://www.meritt.co/#
Telegram: https://web.telegram.org/#/im?p=g271334441
Twitter: https://twitter.com/MerittProtokoll

My Username : Gambzzz

My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2466351;sa=summary

My ETH Address : 0x505c1205514D5bBcE8bC076e06D7056964589167

Telegram : @Gambzzzzzz

Email: Gambzzzzz@gmail.com