J.P. Montana | Asset Digital Management

J.P. Montana Architecture

The J.P. Montana has opened the way for us to take our first step into the world of "crypto."

J.P. Montana Smart Node

Key associated with J.P. Montana platform system
The clients can use Smart wallet after undergoing the verification procedure. The Smart node goes into the approval mode according to the option before the approval work is performed. The client has an option to delay the approval, make a reservation and, make cancelation.

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Super Node (Full Node)

Super Node contains Full Blockchain
The Super node plays a role in maintaining a stable state corresponding to possible attacks. The Super Node does not participate in agreement on decision making. The confirmed block is broadcasted once 51% or more of Smart node agrees.

A Super node is originally designed to have one Mega block. But it is possible to create multiple mega blocks based on the agreement of Super node. The group of the Mega blocks becomes "Megablockchain."

BDTP (Blockchain Digest Transmission Protocol)

Blockchain Digest Transmission Protocol
BDTP has a close interaction with connecting the blockchain and Megablock via the Super node.

An operation of adding a block is performed when a block is formed with verification with agreed decision value.

It plays an essential role in transforming/Inverse transformation the latest block to Mega block by DF (Digest Function).

BDTP adopted MDHL (Multilayer Databus Hyper Logic) instead of the serial structure. MDHL can dramatically increase processing speed by adding Thread

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J.P. Montana Smart Wallet

The Smart Wallet is a new and convenient way for users to connect with Smart Node
and J.P. Montana (J.P. Montana Name Service) so that users can conveniently use the Smart Wallet.

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Wallet option (Transaction between Smart Wallet holders)

It makes it easy to access and check the balance of transaction history in Smart Wallet. The Smart wallet users can see own assets without checking each wallet with the function of linking other wallets.

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Improvement of the transaction

The selection procedure has been added on whether to receive tokens or reject them (by pressing 'Accept' or 'Decline') This is one of the functions requested by other wallet users.

Escrow service function

It is a contractual arrangement in which a third party receives and dispurses monetary value on conditions agreed to by the transaction parties.

ESP Transaction Steps

When the buyer clicks the button on Smart wallet and decides whether to register shipping information, the information will be sent to ESP (Escrow Service Provider) via SCVM (Smart Contract Virtual Machine). The contract will go through once all three parties (buyer, seller, and ESP) validate the request. And transaction will be added to the block which confirmed by Super node. The Smart Node completes the transaction by verifying on the three requested information (buyer, seller, and ESP), and the Super Node creates the completed transaction as a block and adds it to the blockchain. The requests for transactions held for a specified period will proceed automatically to protect the sellers.

Delayed transaction

It is a function to hold the transaction requested by the user for a specified time. The delay can be done with followings. First, the Smart wallet can hold the transaction request so that a delayed transaction can be carried out and broadcast after the specified time period. Second, each transaction recognizes the transaction delay block number in hash value. The transaction can proceed after the block time has elapsed. Such trading options can afford even if an unnecessary transaction request occurs due to human errors or by hacking. Ex) 30 min, one hr., 2hr, 1day, 5days, etc.

Reserved transaction

It is a function to advance transaction time when the user reserves the specific requested time.

Wallet management

Reissuance of Private Key It is a beneficial feature to use when a private key needs to be re-issued for lost or other reasons, but it is made available after the top-level certification to minimize security risk.

SW-OTP Smart Wallet One Time Password It is an authentication method which is sync with the Smart wallet and enhances security.

Authentication by phone It is an authentication method which inputs by notifying the (OTP) One Time Password by calling the specific number when the user wants access to Smart Wallet

Wallet Scheduler The registered SMS Provider (limited to companies that have been certified by the Public Channel regarding API management, security, and operation related to the smart wallet) in J.P. Montana Platform Network will be able to send SMS (less than 90bytes) when the one of the safe transaction, delayed transaction, reservation of transaction is completed.