Meritt

July 21, 2018

Hello community steemit, if you are interested in joining the Meritt protocol project, it is a good idea to read reviews that can help you obtain information that can help you see your vision of mission, namely:

About Meritt

Meritt is an open protocol for the independent creation and maintenance of financial contracts between pairs for Blockchain. Unique decentralized platform, which today will be in great demand and will be popular. However, the intellectual contract is a real guarantee of the execution of high quality transactions. The Meritt project is ideal for decentralized fundraising, financing cards and more!

Open protocol for the formation of chains and the performance of the financial contract between peers

In this case, you can consider a simple algorithm to use the Meritt platform:

Setting goals for new contracts. Meritt's financial contract complies with the ERC20 standard, which establishes the basis for transfers and separations of tokens. Transfers can be restricted to closed user groups and temporarily suspended (tokens can be frozen).

Dynamic payment channels Any payment from the token editor of the contract (for example, the payment of dividends by the company) to the group member is automatically transferred to the wallet with respect to where the published token is stored. The allocation takes into account the proportional distribution of the underlying asset.

Voting and bidirectional communication. The voting mechanisms can be public, and the votes are transferred directly to the contract for evaluation. Alternatively, the votes can be private, and only the hashes are sent to the contract to guarantee the authenticity of the voice.

Bidirectional information channel: the contract token editor can send messages through an intelligent contract to all Participants to comply with the information obligations. Participants can send a message to the editor when a contract is required.

Simplicity creates contracts and their implementation. Through the network of Merit dApp networks, companies seek financing, create and issue financial contracts, touch the appropriate contract tokens and place them in special distribution contracts that automatically send the contract token when they receive payments from the participants ( as vending machines).

Database to save the created contract. Participants and observers can request the Meritt registry to obtain data on the existence of the Meritt contract (to the extent that it is publicly available), as well as data on events related to each contract.

Data storage framework. Allow Meritt users to manage and provide identity and other personal information in a consistent environment and provide limited access to your data. The data itself can be placed independently or stored in a distributed data warehouse.

What problems did the project end?

There is a problem as described below. Increase in corporate liabilities: unused points are recorded as liabilities. As client ratings become less attractive, corporate responsibility becomes more important and there is a negative impact on the financial evaluation. Low performance loyalty program: Due to the low use of this score, the company can not achieve the performance of the loyalty program as expected. how social costs for clients and businesses are low efficiency.

The complexity of the control points: an average of 29 recorded, different programs, which makes it difficult to control the points and leads to the ends of the glasses. Snow will be provided by this platform. Both users and companies can use platform seats. Meritt MTT Meritt points score using your points at the network teller or point store. Users access promotions through an advertising channel to access the advertisements of their company.

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

Token allocation and use of funds