Meritt is an open protocol for creating and maintaining a peer-to-peer financial contract



Information about Merritt
Meritt is an open protocol for the independent creation and maintenance of peer-to-peer financial contracts for Blockchain. A unique decentralized platform, which today will be in great demand and popularity. Nevertheless, an intellectual contract is a real guarantee of high-quality transactions. The Meritt project is ideal for decentralized fundraising, token financing, and more
Open protocol for the formation of chains and peer-to-peer financial contracts 

In this case, you can consider a simple algorithm for using the Meritt platform:
Setting goals for new contracts. Meritt's financial contract complies with the ERC20 standard, which establishes the basis for the transfer and separation of tokens. Transfers can be restricted to closed user groups and temporarily suspended (tokens can be frozen).
Dynamic payment channels. Any payment from the publisher of the contract (for example, payment of dividends by the company) to the member of the pool is automatically transferred to the wallet as to where the published token is stored. The distribution takes into account the proportional distribution of the underlying asset.

Voting and two-way communication. Voting mechanisms can be publicly available, and votes are transferred directly to the contract for evaluation. Alternatively, voices may be private, and only hashes are presented in the contract to ensure the authenticity of the vote.
Bi-directional information channel: the publisher of the contract token can send messages through a smart contract to all Participants to fulfill information obligations. Participants can send a message to the publisher when a contract is required.
Simplicity creates contracts and their implementation. Through the Merit dApp network, companies are looking for financing, create and issue financial contracts, the relevant contract tokens are amazed and placed in special distribution contracts that automatically send the contract token when receiving payments from participants (for example, vending machines).


Database for saving the created contract. Participants and observers may request the Meritt register to obtain data on the existence of the Meritt contract (to the extent that it is publicly available), as well as event data relating to each contract.

Datastore Framework. Allow Meritt users to manage and provide identity and other personal information in a consistent environment and provide limited access to their data. The data itself can be placed independently or stored in a distributed data store.

What problems did the project finish?
There is a problem described below. Increase in corporate liabilities: unused points are recorded as liabilities. As the ratings of clients become less attractive, corporate responsibility becomes more important and adversely affects the financial evaluation. Low efficiency of the loyalty program: due to the low utilization of this indicator, the company can not achieve the performance of the loyalty program, as expected. As social costs to customers and businesses are low efficiency.

Complexity of control points: on average, 29 recorded programs are different, which makes it difficult to control points and leads to the outlines of points. Snow will be provided by this platform. Both users and enterprises can use the platform. Meritt MTT evaluates points using your points in the network or store points. Users get access through an advertising channel to access their company's ads.

Meritt allows you to manage your wallet and simultaneously integrate more than one partner. Companies have more access to the client, which allows them to quickly sell their products. Modeling models helps Meritt companies effectively reduce their liabilities. Partners can encourage greater loyalty to potential customers who use storage and task storage. Meritt.

Marker MERITT
  • Distribution of Tokens October 20, 2018
  • Symbol Marker MTT
  • Standard ERC20 token
  • MTT: ETH 5000 MTT = 1 ETH
  • Minimum payment 0.1 ETH
  • The value of the token № 1200 000 000
  • Available tokens for distribution # 504 000 000


Road map

Meritt TEAM project image


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

ID of a sovereign identity card and secured ownership
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.

conclusions
The creators of this unique decentralized platform are ready to give their customers the opportunity to enter into profitable, high-quality, safe transactions. Any intellectual contract is an ideal guarantee for the fulfillment of all conditions of cooperation. In this case, all participants in the transaction receive reliable protection against any fraudulent schemes. In this case, all transactions are performed very quickly.

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