Peer Mountain – PMT ICO Blockchain Identity Trust Platform?
Peer Mountain is based on blockchain technology and is designed to reward trustworthiness. As a decentralized identity platform, the unique architecture and technology that backs Peer Mountain is guaranteed to provide consistency, stability, and trust. All of this is geared towards taking Ethereum based applications to the next level and providing the foundation needed to incorporate Ethereum based solutions with real business solutions.
How Peer Mountain Works
Peer Mountain gives a visual description of what they do to users by asking them to imagine Peer Mountain as an actual mountain range. Outside this mountain, guards protect the valuables hidden within. Inside the mountains lay multiple bank vaults. Each user is assigned one of these vaults, and inside of it are multiple safety deposit boxes. Each box contains different documents and can be opened with special keys. Every key is unique, and you can give a unique entry key to each person you trust who needs access to a specific box.
Using their special entry key, that person will be able to access your vault and get the info you have shared with them—but, they can only access the box you have given them a key for, they can’t open any other one inside your mountain vault. If you decide to revoke their access to a box, the documents will vanish and the box’s lock will change.
Your master key gives you access to every box in the vault, and it’s a secure 4096 bit RSA key. It would take longer than the lifetime of the Milky Way Galaxy if someone were to try cracking this key, even if you used every single computer system on the planet today. Your master key is the only key able to gain access to the information you store inside your vault. With this key, you’re able to create individual keys for each security box inside your vault, and share unique keys for each box.
Peer Mountain is serious about the services they offer. In fact, they have a patent pending for the technology that services their uses, and their protocols let users create their own trust record, which holds their digital identity. The protocols also allow users to track their relationships with other parties who they trust and also provide proof of activities, or a log of what they have done.
Peer Mountain Details
As a decentralized system, each user gets to decide who they trust. Peer Mountain doesn’t have access to any of the data stored by its technology. In fact, each user owns all off their own data. Upon uploading, everything is encrypted and stored/transmitted securely. Additionally, although it’s built for Ethereum, Peer Mountain can be rolled out for any blockchain and supports all sorts of integrations.
Peer Mountain is also scalable while providing the lowest degree of latency possible. Peer Mountain can be deployed for enterprises and it’s ready to be used for all sorts of transactions. Peer Mountain’s systems keep identities safe while staying compliant with all regulations.