BOUNTY || PEER MOUNTAIN - Decentralized Trust For all .

https://www.peermountain.com/

Every time a person transacts with a bank, credit agency, government, or online retailer, that organization generates and stores a copy of that person’s information following a number of rules and regulations according to the specifics of the interaction. The result is a world of enormous digital fortresses, each holding a duplicate of the identity of anyone who has ever been a customer. These fortresses the centralized servers that hold all our information are rich, obvious targets for cybercriminals. No matter how many digital moats, archers, and catapults the defenders build and deploy, the attackers will keep coming. And a single breach of any one of these fortresses can result in the loss of millions of identities.

Events like these demand that we make radical and fundamental changes to how we store and guard our identities. The problem is not only that data storage and protection procedures of enterprises like Equifax aren’t broad or rigorous enough. The issue lies in the overall method in which these companies store, guard, and transmit data.

Developers can harness blockchain technology to give individuals further ownership of their personal information, and enable them to store that information in a distributed ledger, thus helping effectively mitigate the risk of identity theft. To achieve this goal, many organizations have launched blockchain-based platforms over the past year; several of them have also had successful coin offerings.

Peer Mountain goes beyond providing users with further ownership and control over their cryptographically secure identities, offering an end-to-end application ecosystem designed to facilitate the commerce and exchange of digital and physical services. It facilitates trust and the secure sharing of information with multiple independent parties across broad networks while preserving traceability and compliance at every end of the transference of data.

Peer Mountain is the first decentralized peer-to-peer trust marketplace that connects self sovereign identity owners with regulatory compliant service providers, and opens a new paradigm for how and where individuals and organizations conduct business.

Peer Mountain is a mobile-first distributed system of trust. It uses cryptographic protocols to allow people and institutions to create and own a trusted record that encompasses digital identity, trust relationships, and proof of activities. System members own and control their data; they decide who can access it, as their information remains inaccessible and unexposed to third parties at all times.

PMT is offering our participants a total allocation of 2% from our overall token supply. The total number of tokens in circulation may vary (depending on the actual amount raised during Token Sale), but in any case 2% of tokens will still be designated to the bounty campaign.The rules of each bounty pool are different, the sizes of the pools are different, and points do not carry over from pool to pool. PLEASE READ ALL RULES CAREFULLY.

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