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

Hallo meet again with me gonizar, I will explain Blog I will introduce about the project MERITT PROTOCOL, and for more details let's go to the following discussion:

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 the formation of the chain and the performance of peer-to-peer financial contracts

In this case, you can consider a simple algorithm for using the Meritt platform:
Setting goals for a new contract. The financial contract Meritt corresponds to the standard ERC20, which establishes the basis for the transfer and separation of tokens. The transfer can be restricted to a closed user group and temporarily suspended (the token can be frozen).

Dynamic channel of payment. Any payments from the issuer of contract tokens (for example, payment of dividends by the company) to the member pool are automatically transferred to the corresponding purse where the issued token is stored. The allocation takes into account the proportional distribution of the underlying assets.

Voting and two-way communication. The voting mechanism can be public, and the votes are transferred directly to the contract for evaluation. Alternatively, voices may be private, and only the hash is submitted to the contract to ensure the authenticity of the vote.

Bi-directional information channel: The issuer of contracts to transmit messages through a smart contract to all Participants to comply with information obligations. Participants can send messages to the issuer when a contract is required.

Simplicity of creating contracts and their implementation. Through the network of Merit network dApp, the company seeking funds, creates and issues a finance contract, the contracting contract token is struck and placed in a special distribution contract, which automatically sends the contract token when receiving payment from participants (like a vending machine ).

Database for storing created contracts. Participants and observers may request Meritt registers to obtain data on the existence of Meritt contracts (to the extent that they are publicly available), as well as data on events related to each of the contracts.
Datastore framework. Allows Meritt users to manage and provide identity and other personal information in a self-consistent environment and provide limited access to their data. The data itself can be placed independently or stored in a distributed data store.

Several important features of the project
It is worth highlighting the factors that can attract the attention of the platform

participants:
Plug & play modules

ROADMAP

For the simple implementation and settlement of various financial contracts for Ethereum Blockchain

Agnostic Protocol Asset Class

Financial contracts of Meritt may be securities, loans, bonds, utilities, property or tokens for donations. For each financial contract issued, a specific ERC20 contract token is created.

Key terms are committed and settled on the block chain

Transparency and confidence in the future performance of key terms and audits on unchanged distributed books. Secured delivery and trouble-free maintenance of financial contracts through intellectual contracts.

ID of a sovereign ID and secured ownership The

participants have full control and ownership of their encrypted personal data and identification data and can disclose information about zero knowledge.

Decentralized and free, without commission Meritt, without intermediaries

Decentralized architecture of the block chain. Brought only gas costs. Financing in a real peer-to-peer environment.

Conclusion

The creators of this unique, decentralized platform are ready to give their customers the opportunity to enter into profitable, high-quality, and secure transactions. Any intellectual contract is an ideal assurance for the fulfillment of all conditions of cooperation. In this case, all participants in the transaction receive reliable protection against any fraud scheme. In this case, all transactions are done very quickly.

To find relevant details about Meritt's current smart contract, please follow some resources for the following References:

Websit :http://www.meritt.co/
Whitepape :http://www.meritt.co/#id-whitepaper
Facebook :http://fb.me/Merittprotocol
Twitte:https://twitter.com/MerittProtocol
Telegram :https://t.me/Merittprotocol
Ann thread :https://bitcointalk.org/index.php?topic=4549084.0;topicseen

Author : gonizar

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