MERITT - Open Protocols For Creation Financial Contracts For Blockchain

in #meritt6 years ago

Hello everybody. Today I want to tell you a short story about the Meritt project. Let's try to understand it.

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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.

What are the problems the project ended?

There is a problem as described below. Increase in liabilities corporate: the points not used are recorded as liabilities. As scores of customers become less attractive, the corporate responsibility becomes more important and there is a negative impact on the financial evaluation. Loyalty program of low performance: due to the low use of this score, the company may not achieve the performance of the loyalty program as expected. how the social costs to the customers and the enterprises are low efficiency.

The complexity of the control points: an average of 29 recorded programs, different, making it difficult to control the points and leads to the ends of the glasses. The snow will be provided by this platform. Users and businesses can use seating platform. Meritt MTT meritt score points using your points in the atm network or store points. Users have access to promotions through an advertising channel for access to the ads of your company.

Meritt allows you to manage your wallet and integrate more than one partner at the same time. Companies have more access to customers, allowing them to sell their products quickly. Models modeling help companies Meritt to reduce their obligations effectively. Partners can encourage greater loyalty to the potential customers that use the storage of feeds and tasks. Meritt.

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.

WEBSITE: http://www.meritt.co/
WHITEPAPER: http://www.meritt.co/#id-whitepaper
FACEBOOK: http://fb.me/Merittprotocol
TWITTER: https://twitter.com/MerittProtocol
TELEGRAM: https://t.me/Merittprotocol

Profile link: https://bitcointalk.org/index.php?action=profile;u=1300560

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