PLATIO – COMBINING FIAT AND CRYPTO TOGETHER
The introduction of cryptocurrency has been a blessing to many especially the blockchain technology that backs its existence. It has brought improvement in several sectors of life including health, research, education and many more. The banking sector is also not an exception but crypto is normally side-lined and the holders do not enjoy the benefits that fiat holders do. Most people have not accepted crypto yet because it is difficult to access and also there is no link between fiat and crypto.
The goal of Platio ecosystem is to increase the usage of cryptocurrency and to integrate the traditional financial services with the digital one. There is also going to be a mobile application and a web interface that will enable users to have all the necessary data required to conduct transactions on the platform. Platio has been authorized by both UK and EU authorities to make and receive payments in both fiat and crypto.
Cryptocurrency holders do not enjoy all the banking services that fiat holders enjoy. Platio ecosystem combines the use of fiat, crypto and stock. Platio will have a mobile application which will be available on both IOS and Android phones. The exchange that will be available on Platio platform will not only allow exchanges from crypto to fiat and vice versa, it will also allow users to use Platio payment cards, and other services like an asset guard. Platio will not only focus on cyptocurrencies that are on exchange, but also allow users to access cryptocurrencies of other projects.
We also have a unique way of dealing with the volatility of crypto tokens. Users can exchange their tokens into fiat and back to crypto promptly in order to maintain their investments and prevent them from running at a loss. The Asset Guard feature also helps to deal with the volatility of crypt. There is a specific feature that activates this Asset Guard which helps to transform crypto to fiat and also activate the standby Transfer option. This will save users the time they spend behind their PC’s monitoring their savings all the time. The Standby Transfer feature allows a user to select the inactivity period of his or her account and also specify instructions to be carried out if the user does not log in for a specific time. This feature can help transfer tokens to a specific wallet or bank account.
PGAS TOKEN
The token used on the Platio platform is the PGAS token which will be used for all transactions (fees, commissions). Token holders will enjoy a discount on all transaction fees and the discount will also depend on the user’s token usage and subscription level. Because unsold tokens will be burned, the tokens remaining in the ecosystem will increase in price as the demand also increases.
TOKEN DISTRIBUTUION
We believe combining hardware and software technologies will improve the security system on our ecosystem. We will always see to the day to day monitoring of security on the platform. The Treasury module helps to secure funds of our customers. There are rules set out by (GDPR) European Commission in the General Data Protection Regulation and Platio will follow those rules. Any user that logs in to our website will have to pass two-factor Authentication as well as email confirmation to make sure there are no intruders that log in to someone’s account.
Visit the following sites for more information about the project
Website: https://platio.io
Telegram: https://t.me/platio_ecosystem
Facebook: https://www.facebook.com/platio.io
Twitter: https://www.twitter.com/Platioecosystem
Reddit: https://www.reddit.com/user/Platio_io
Whitepaper: https://platio.io/static/docks/platio-onepager.pdf
LinkedIn: https://www.linkedin.com/company/platio-limited
Author: https://bitcointalk.org/index.php?action=profile;u=1619057
Address: 0xbb33b6Dd17a13e7435fb8a592590FF70C5f2b4D9
Well combining the usage of digital currencies and fiat currency has been the problem that the crypto community is facing and so with Platio offering to solve this predicament is a very laudable idea which i must say. Great job devs!
the discount on all transaction fees is what i am hoping for since transaction fees are becoming unbearable.
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This has been an article I have been hoping for since then. Expect some ethereum from me.