What is PVM
Privateum is a technological platform for financial systems integration on the Ethereum blockchain network, allowing banks, insurance companies, borrowers, lenders, businesses large and small including groceries and other stores to integrate within one global system and to form a union and legal umbrella, providing equal access opportunity for users to form partnerships within the union, growing their business while paying near zero transactoin fees. Pravateum has no hidden fees and no subscription fee required to access to its one big business community performing as a single cooperative union. Privateum is committed to growing its large and healthy global financial community of platform users, developing secure, home grown Know Your Business (KYB) and Know Your Customer (KYC) systems to keep all information safe and private, shared only with trusted legal partners as needed to gain access to the platform. Privateum private network is built on a Zero Trust and Encrypt Everything, Know Nothing framework. Privateum dev team will never have access to customer or transaction data. Customer information is protected from all parties using Privateum unique Ghost Network private data guard solution. Privateum production system is build in alignment with SOC2 Trust Principles and NIST 800-53 security controls. Data in transit is encrypted with TLS 1.2 or higher. Data at rest is encrypted by default using AES-256 with scheduled key rotation.