PEER MOUNTAIN is based on blockchain technology

http://www.peermountain.com/

Successful greetings to all of my crypto buddies wherever you are. May you be healthy all Amiin. on this occasion I will inform you all about one of the ongoing ICO projects that is PEER MOUNTAIN.

What is PEER MOUNTAIN.?

PEER MOUNTAIN is the first mobile distributed trust system and Decentralized Protection Trust, Peer Mountain also uses cryptographic protocols to enable people and institutions to create and own trusted recordings that include digital identities, trust relationships, and activity proofs. Even the most sophisticated centralized data storage and transmission methods are vulnerable to outside attacks.

Peer Mountain is also a peer-to-peer solution that gives you control, personal and secure. You may use your persona to conduct business and sign legally binding documents, documents that comply with ZertES9. Peer Mountain is open to any service provider. You can directly access the services from security sources, and review all the services you consume easily - anytime, anywhere Your primary key is RSA 4096-bit keys.

Peer Mountain system members own and control their data, they decide who can access it, because their information remains inaccessible and not exposed to third parties at any time. Peer Mountain uses cryptographic protection so strongly that data is maintained from all other entities - even the platform itself. Individuals and organizations can safely share information using any application in the Peer Mountain ecosystem. By connecting sovereign identities and organizations, Peer Mountain creates a safe and efficient market across different entities operating in a global economy with uncompromising secure transactions.

At a more abstract level, the ecosystem allows individuals and companies to affirm facts about themselves and others, and to prove (ie verify) the assertions. This is very valuable for financial institutions because it can significantly lower the cost of installing clients in accordance with Know Your Customer (KYC). This paper discusses this in the Peer Mountain section of KYC and Compliance. For organizations in sectors other than financial services and markets, Peer Mountain can also provide considerable value as a trusted fact-based platform (eg employees can state that they are sick and HR can prove this after verifying a doctor's certificate).

Ecosystem participants are only identified by their public key (similar to how Cryptocurrencies work) and can assume some personas, which are essentially public keys derived from their key roots. Personas are useful for interacting with many external parties and adhere to different requirements and requirements. For example, a person may be a student and a bank client. In general, universities require a subset of information that is different from the subset required by the bank. However, when applying for a loan or grant, a student may not want the university to know that they are a particular bank client. By using different persona (ie roles), students control their privacy.

MARKET OPPORTUNITY

The world is evolving toward new standards where individuals better control access to data and documents that are their identity through distributed ledger technology. Last year saw a number of successful offers from teams that developed the platform for self-identity, most notably Civic2. There are also many new and established offers in Know Your Customer (KYC), identity verification, and trust space, including Mitek3, Jumio4, AriadNext5, WorldCheck6, KYC37, and LexisNexis8. Now is the right time for an ecosystem that realizes the vision of self-identity across platforms and entities while satisfying compliance and trading requirements. Peer Mountain provides the full potential of this emerging paradigm.

SOLUTION: BUILDING MARKETPLACE IN THE ENTIRE SELF-SOVEREIGN IDENTITY

Peer Mountain uses blockchain technology to provide full individuals and organizations, secure ownership of their identity, and for the first time, enables people to share their information with organizations and each other safely. Peer Mountain facilitates rapid service delivery through its blockchain framework. Identity is a core component of Peer Mountain, but this is not an identity platform. Peer Mountain is an application ecosystem designed to facilitate trade and exchange of digital and physical services.

Personals Organizations that use Peer Mountain may use delegates to demonstrate ownership and control. Peer Mountain can then provide a verifiable record of these facts that can be shared with any organization or individual that needs to be known. Special agencies, such as commercial registration or trade authorization bodies, may apply the approval engine to validate these facts.

Safe Transaction Without Compromise

Peer Mountain individuals and their organizations can safely share information using any application in the Peer Mountain ecosystem. By connecting sovereign identities and organizations, Peer Mountain creates a safe and efficient marketplace in different entities operating in the global economy.

MOST SAFE IDENTITY OF SOLUTIONS ON THE MARKET

Think of Peer Mountain as a real mountain with a wary border guard around it. Each Peer Mountain user has their own "bank safe" filled with safes hidden inside these mountains. They can insert copies of their documents into different boxes with special keys. Each button is unique and users can share it separately with entities they trust. By using this special key, this entity can access the user's safe and get the information that has been shared with them, and nothing else. If the user decides to revoke access, the document vanishes from the drawer and the key in the modified drawer so far is possible under the law governing the business relationship. Further access to Peer Mountain is only by invitation.

Activities are pseudo-anonymous and private. With Peer Mountain, you use different personalities to interact with different entities, so your activities with one entity remain completely separate from interactions with others. Not only personal data, interactions are also private. Of course, you can choose to share it later, but the choice will still be yours.

TOKEN ECOSYSTEM

Peer Mountain Token (PMT) is a utility token that is used to measure the value of trust in the Peer Mountain ecosystem. Consumer trust transfers PMT to the entity they trust the most. The only way to get a PMT is to be trusted. Individuals and companies use PMT to consume endorsements and generate invitations. Because Peer Mountain technology is cross-chain, entities can use PMT to move information from one chained application to another, e.g. from Ethereal to Stellar based on Peer Mountain. from Ethereum to Stellar based on Peer Mountain.

There are three components that make up the Peer Mountain ecosystem: end users of mobile (consumers), back end companies (service providers), and certification engines (certificate providers), which are very powerful. Every partner in the system is a provider of authentication. Organizations of all sizes can run special and advanced endorsement machines. For example, a financial institution might want to run its own testing engine to check clients against a user's blacklist and calculate a credit score.

The agency can then affirm whitelisted clients based on assertions and other attestations on the system. The token model for Peer Mountain establishes and sustains ecosystems for providers of approval, invitations, and service offerings. Whenever a prospect consumes an invitation or service offer, the service provider pays a small fee in the token. This includes the issuance of approval, which is a service offer; this also prevents "spamming denial", which will occur when a colleague produces a superflora attestation in the hope that they can be used to get a PMT. On the other hand, whenever an entity uses authentication to build trust in a relationship as part of a document, the provider of such authorization receives a micro payment at the PMT.

CROWDSALE PEER MOUNTAIN

Peer Mountain will be the first offer "ICO 2.0." We believe in maximum transparency and full regulatory compliance. Peer Mountain offers the debut and progress of a number of important innovations: we debut Smartcap TM's algorithm to optimize ICO quotas and matching sold with demonstrated demand, and we have committed to ICO Charter standardizing E.U. Peer Mountain offering tokens will run transparent and fair token sales.

Sales PMT will take place in early 2018-the date will surely be announced at www.peermountain.com. There will be a pre-order stage for whitelisted participants to order pre-orders for sales, followed by sales of open tokens. We intend to follow best practices for the most appropriate and tested ICO and token sales to date, with maximum transparency. The token sale will receive Ether, and this will be a compatible token14 ERC-20 (so standard) on the Ethereum network.

SmartCapTM TOKEN SALE

The economy of PMT tokens and sales of PMT tokens have both been carefully designed by Jed Grant and validated by Prof. Jos Van Bommel, an expert on securities, liquidity and valuation of the IPO. In this case, we propose a method of selling the new token contained in the sale of our tokens smart contracts; we call it with SmartcapTM algorithm. SmartcapTM facilitates the discovery of prices in token sales in such a way satisfies all buyers and allows sales to close at a specified amount of the market.

As libertarian capitalists, we believe in individual freedom, fairness, transparency, and great customer service. We conclude that the current token selling method has some drawbacks:

Traditional pre-sales are opaque, closed, and suitable for direct transactions and insider transactions.
Open stocks create an effect of greed that leads to an irresponsible allocation of capital.
Cap still creates a paradox in which sales organizers must guess the right market demand before launching a sale; If they guess wrong, they will leave the market dissatisfied or have a "benchmark" sales or ICO that does not work - even if they increase capital in large numbers.

SmartcapTM accomplishes many of our goals:

SmartcapTM eliminates pre-sales and brings transparency to the entire token sales process.
Smartcap TM provides a price discovery mechanism for sales.

SmartcapTM improves algorithmic token bids and token prices until demand and prices are met.
SmartcapTM rewards big investors by placing it in front of the queue in every round.

We expect Peel Mountain Smartcap ™ sales to run for four to six rounds, with a one-week pre-order phase that will be open to pre-registered buyers. Smartcap TM will generate approximately 124,000 ETHs raised. Details of SmartcapTM will be seen in token sale sale contract. Round 4 shown below illustrates the value when 5 rounds approach the token and only for the purpose of drawing. Statistically, it is very likely that this exact number will be achieved as Smartcap TM will accommodate the partial final, issuing tokens to buyers participating in the final round at the latest round price.

Peer mountain parameter SmartcapTM

TOKEN ALLOCATION

We will allocate results in four key areas of interest:

40%: Technology, which includes the development and audit of smart contracts Peer Mountain, blockchainr node, application architecture, mobile and corporate clients, and other Stakes goals.
25%: Enterprise development, which includes typical corporate costs such as office space and equipment, administrative and managerial salaries, fees, and taxes.
25%: Marketing, which includes PR initiatives, marketing, and partnerships.
10%: Regulations and laws, including lobbying and development of regulatory advice.

Peer Mountain will also use reserve funds for corporate publishing and to generate revenue so Peer Mountain can continue to develop its products and solutions. We will allocate the rest to other destinations, such as legal reserves.

We estimate the token economy increases in speed over time and for token prices for services have a deflationary effect within the Peer Mountain ecosystem. This may create an appreciative effect on vis-a-vis visible currencies. We believe that any new endorsement, end-user, and service provider provider that joins the system will increase the token exchange frequency. The tokens are useless; tokens can be shared, so prices may fall within token terms and increments in fiat requirements over time

Use of results

The stages below are the goals we want to be given the resources available. Our goal is to create a sustainable and durable ecosystem that captures the value of trust in business relationships under regulatory constraints. Regardless of the indicative value given by each historical stage, we intend to achieve as many of these objectives regardless of the amount submitted. In this case, our planning is based on a rough amount that is just the way forward given the volatility of today's crypto currency. We see the creation of a community-driven and sustainable Peer Mountain chain of examples across the service sector with as many consumers as possible throughout the overall project objectives.

Stage 1: 10k ETH

Stage 2: 20k ETH

Stage 3: 30k ETH

Stage 4: 50k ETH

Stage 5: 75k ETH

Stage 6: 100k ETH

Stage 7: 125k ETH

Stage 8: 150k ETH

Stage 9: 175k ETH

Stage10: 200k ETH

Next Phase> 200k ETH

KEY TARGET AUDIENCES