PEER MOUNTAIN: Solutions for Personal Data Security

in ico •  7 years ago 

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Personal data is important information that must be kept secret, because it can cause huge losses when our information is stolen by irresponsible person. Especially if our information is stolen can provide benefits and value of some money to other parties such as credit card details, social security numbers, and others. In the summer of 2017, the crime of theft of sensitive personal data reached approximately 146 million data belonging to Americans. Something terrible where the Internet as a smart solution to the acceleration of economic growth but also still have the shortcomings so that there are people who gain profit by stealing personal data have others.

In response to this crisis, governments and regulators passed a law requiring companies to collect and store sensitive data more securely and to test existing methods of storing and manipulating data and documentation, for example, the EU General Data Protection Regulations. Events like these require us to make radical and fundamental changes to how we store and safeguard our identity. The problem is not just the data storage procedures and the protection of companies like Equifax is not broad or tight enough. The problem lies in the whole method by which these companies store, maintain, and transmit data.

Every time someone transacts with a bank, credit agent, government or online merchant, they will get a copy of that person's data for ever being a customer. This is a big responsibility for sellers and online service providers to be able to maintain the confidentiality of the data. But in fact according to the above information that the data can still be stolen freely and easily. All that does not mean they are not trying to maintain the confidentiality of the data, only so far the thieves are able to break into their data server until the millions of personal data lost stolen away.

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From the above problems comes Peer Mountain offers solutions for personal data security of customers. Can not be denied because our lives have now been digitized which means we need digital services but still have to keep our data confidential even though there have been many cases of crime in cyberspace about the data theft. Developers can utilize blockchain technology to give individuals more ownership of their personal information, and enable them to store that information in a distributed ledger, thereby helping to reduce the risk of identity theft effectively. To achieve this goal, many organizations have launched blockchain based platforms over the last year; some of them have also managed to offer coins.

Peer Mountain further gives users more ownership and control over their secure cryptographic identity, offering an end-to-end application ecosystem designed to facilitate trade and exchange of digital and physical services. It facilitates trust and sharing of secure information with independent parties across a wide network while maintaining traceability and compliance at the end of each data transference. Peer Mountain is the first decentralized peer-to-peer trust. The market that connects the identity owners with the appropriate service providers, and opens new paradigms about how and where individuals and organizations do business.

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An intelligent innovation that certainly answers the need for information security that will definitely crowded by people because this is the first and only product that emerged amidst the hectic business in cyberspace. You need to know that Peer Mountain is holding ICO for fundraising from investors (third parties) as capital to run the business. Strong and needed products by everyone, the security guaranteed by decentralized blockchain system makes Peer Mountain the most favorite ICO rating. To the investors immediately docked and bought as many PMT tokens. Below is a little explanation of the details of ICO that they carry out.

The token name of PMT with the rate at which ICO 1 eth equals 1500 PMT. Their supply tokens range from 223,437,500 PMT. Their ICO is underway with various bonus and discount offers with time split up to 4 stages of ICO. For more information you can visit the links I share below. Thank you for visiting.

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cyberdg
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Thanks for this. Interesting ico to be sure! Have you checked out their SmartCap? Another great innovation.

Hey this is great! Thanks for this article. I assume you have joined us in our Telegram room? Do you mind if we post this to our social channels?

please with my pleasure

Thanks! We are posting to Twitter, Facebook and LinkedIn in the morning (morning where I am, anyway!). If you are in our Telegram room please introduce yourself to us as the person who write the cool article. Love to chat more and Jed, the CEO, wants to say hi.