Peerceptiv is a peer assessment tool that transforms the traditional grading process into a powerful learning opportunity through structured peer review. It employs a double-blind review system where students anonymously evaluate their classmates' work using instructor-defined rubrics, which promotes objective feedback and reduces potential bias. Through this reciprocal process, students develop critical evaluation skills as they analyze others' work while receiving diverse perspectives on their submissions. Peerceptiv's proprietary algorithms monitor review quality and reliability, ensuring fair assessment outcomes while identifying both exceptional reviewers and those who may need additional guidance. For instructors, it significantly reduces grading workload while providing detailed analytics on both assignment performance and reviewer effectiveness. By engaging students as active participants in the assessment process, Peerceptiv fosters deeper learning, develops critical thinking skills, and prepares students for professional environments where peer collaboration and feedback are essential.