RiverMount is a team of B2B consortium projects gathered to overcoming the problems of the centralized Financial Investment Industry and create a platform for free, sustainable financial investment anywhere in the world. Based on smart contracts, we aim for a decentralized financial market that does not require banks or institutions.
Along with project releases, Rivermount mentioned currently experiencing problems with blockchain, including • slow transaction per second (TPS) and lack of scalability. Also mentioned the problems in the financial market including • high exchange rates between countries, • differences in monetary policy by country, • the high tax rate for profits from trading, and vulnerable hacking attacks due to centralized server operation.
Rivermount is a decentralized financial infrastructure project that builds a new digital financial ecosystem to collaborate / exchange the value of digital financial institutions or foundations, through the SPOS algorithm of SUCON, the blockchain expertise partner.
For more information, visit: http://rivermount.io/
This project is planned to come out to the world in three phases:
Phase 1: RM GLOBAL Financial Investment Application ‘RM Funds’
Phase 2: DEX Exchange Application based on RM STABLE ‘RM DEX’
Phase 3: RM Mainnet Platform ‘RM Mainnet’
It works with Ethereum Mainnet prior to Mainnet launch to enable fast transactions and reasonable rewards to users.
An official from RiverMount emphasized, “Rivermount is a consortium project that is conducted in collaboration with an excellent blockchain technical team and marketing experts centered on executives who have experience in operating a real financial investment company.”