Mercury (MER) is a provenance digital token powered by the Waves blockchain that enables cross-chain time-stamping from the Jupiter blockchain that is permissioned to the Waves blockchain and back. It enables time-stamping of Jupiter blockhashes on the Waves platform. Data is usually encrypted and repeated in Jupiter Nodal System (JNS). This prevents anyone from tampering the data and limits its access only to authorized personnel. Jupiter is Sigwo Technologies' main product, but it is a privateShow more [+] blockchain. Users would be skeptical building their applications on it since they would assume internal control. Mercury, that is issued on a public chain, the Waves platform is, thus, used to bring Jupiter to the public by connecting it to the public platform.
MER is used as the transaction token on the Waves platform. Sigwo Tech buys this token for its clients to enable dual-provenance. With more nodes accepting MER on the Waves platform, it becomes fully functional enabling the development of DApps and other functionalities. MER is premined and is supported by the Waves official wallet. It has a total supply of a billion tokens and is available for trading on Upbit, Bittrex, Bibox, Cobinhood, IDEX, ForkDelta and Gate.io exchanges.
The team behind this project include Steven Grove, founder of Darkus and the President of Sigwo Technologies as well as a lead developer, Vaughn Murphy, content and marketing manager, Rafael Aguire, a developer and Kyle Hensman, a front-end developer among others.