danil21: MERITT - Open Protocols For Independent Creation And Maintenance Of Peer-to-peer Financial Contracts For Blockchain

Kamis, 09 Agustus 2018

MERITT - Open Protocols For Independent Creation And Maintenance Of Peer-to-peer Financial Contracts For Blockchain

Hello everyone, in this new post I would like to introduce about the Meritt project, and for more details let's just go to the following discussion:

What is Meritt

Meritt is an open protocol for the independent creation and maintenance of peer-to-peer financial contracts for Blockchain. Unique decentralized platform, which today will be in great demand and popular. However, the intellectual contract is a real guarantee of high quality transaction execution. The Meritt project is ideal for decentralized fundraising, funding tokens, and more!

Open protocol for on-chain formation and execution of peer-to-peer financial contracts.

Plug & play building blocks

For simple implementation & settlement of a variety of financial contracts on the Ethereum Blockchain

Asset class agnostic protocol

Meritt financial contracts can be securities, loans, bonds, utility, property or donation tokens. For each financial contract issued, a specific ERC20 contract token is created.

Key terms committed & settled on the blockchain

Transparency & certainty on the future execution of key terms and auditable trail on the immutable distributed ledgers. Secured issuance and trustless servicing of financial contracts via smart contracts.

Sovereign ID and secured data ownership

Participants have full control and ownership over their encrypted personal data and ID and can disclose on zero-knowledge basis.

Decentralised & free, No Meritt fee, no mid-man

Decentralised blockchain architecture. Only gas costs incurred. Execution of financings in a true peer-to-peer environment.

Applications and platforms can leverage the Meritt protocol to enable their users to finance or fundraise on peer-to-peer basis.

MTT is the Meritt network token

Users of dApps and platforms on the Meritt protocol to stake a fraction of financial contracts’ value in MTT. MTT staking keep participants’ incentives aligned and secure the ecosystem.