Extensive Independent ICO Review: Introduction to Platio "A multi crypto wallet built in platform for fiat, crypto and stocks"
Image reference: https://platio.io/static/docks/platio-whitepaper.pdf
Hello everyone, its talk time again. We know that in 2018, there is no other business, which grow rapidly as the adoption of blockchain technology to every sector of the economy. Agree? Blockchain technology becomes essential and vital for different use-cases in which different big firms are interested to implement it immediately to improve virtually their business. All sectors are into blockchain already. Food, Manufacturing, health, finance, banking, real estate and tech companies are all scratching their heads and scrambling to get in with this trend.
I've been involved with cryptocurrencies and blockchain only last year. I knew that digital cryptocurrencies would impact on our economy and clearly I am right. It is happening now! Everyone cares on how we transfer value online, but what truly sunk deep was the fact that blockchain technology is truly a revolutionary concept that ever invented. All thanks to you, SATOSHI.
Lots of different blockchain concept everyday being introduced into cryptocurrency. But not all are capable to perfectly create something like bitcoin did. But as I've scanned this project called Platio which was kept advertised on youtube, on coinmarketcap and other social sites. I'm quite intrigued and curious what this all about. So I decided to check out the details. As I browsed their website. I think Platio will come in handy app that consists all function of a wallet that can transact and rendered payment of cryptocurrency, fiat, and even stocks? That's a wow actually. It's just a simple browsing and there's a lot to tell about their project.
If you're kind of person who loves to handle bank account transactions, payments and services virtually, I think this one is for you. Sounds simple right? Let us dig deeper about the Platio project.
WHAT IS PLATIO ALL ABOUT?
If you knew Peer to Peer short for "P2P" This is platio platform want to emphasize and introduced. I know Ive been just a year, and no doubt that many P2P blockchain tech surfaced the market but every project has it own uniqueness and difference from each other. The most appealing benefit of P2P transfers is we can process transactions electronically, with the system automatically matching the makers and takers without requiring a middleman or third party group. Many users even not crypto enthusiats enjoy the transparent and simple way of P2P works.P2P networks are also more secure in many respects. What makes P2P attractive more is there are a real time ledger which can view by all and fraudulent activity can be identify easily.
Technically speaking, every transaction is a peer-to-peer transfer. Whether you're using cash, crypto, credit cards or any other form of payments. This is where Platio project butt in form of a P2P but improved platform.
Image reference: https://platio.io/static/docks/platio-whitepaper.pdf
As you all knew, the people behind Platio choose to build their platform on a private Sidechain based on EOS technology and a predefined set of smart contracts backed. I think they are in their right mind to do this. EOS started to improved their blockchain with a lots of feature and surely with Platio offered features can implemented smoothly on their blockchain. Their platform will secure all business processes and internal transactions to the Platio market built in app. All the assets within the Platio Ecosystem will be tokenized. Tokenized assets will be used for internal transactions and smart contracts in the Platio Ecosystem.
PLATIO PRODUCT AND FEATURES......
Image reference: https://platio.io/static/docks/platio-whitepaper.pdf
As seen on the image aboved, Platio App will covered all the features mentioned and this product will be available on Apple iOS and Android devices to easily navigate these features. This Smart Banking Ecosystem App cope to needs of all people who are virtually wants to monitor and transact their finances. With the app capabilities, not just fiat and crypto are involved but also stocks brokerage and exchange can be process as well. I really admire that the idea of Stocks will be available also on their platform and this decision is one of the best idea ever implemented on an ICO project.
WHAT SO SPECIAL ABOUT PLATIO? WHAT IS THE DIFFERENCE FROM OTHER P2P?
Ive seen so many similar concept of this like Status Network, Transcrypt, Minx, and many more but the developer of Platio make it easier and simple for all kind of community. Not just for crypto people but also who are into stocks and finance industry. What they ate building as you watched the video ads on the start of their website is a very simple app with a usual interface to send and received payment for cryptocurrency, fiat currency, and stocks.The app will be a user-friendly UI design with Intuitive operations and screens. You dont need an exchanger to trade your favorite coins, stocks, cryptocurrency, fiat cause they will create a built-in conversions for all the system integrated. What is exciting here is they already have necessary license from Europe and UK to integrate all mentioned aboved. I think it's my first time to encounter a platform that can also integrate trading of stocks aside from crypto on a regular blockchain project.
Image reference: https://platio.io/static/docks/platio-whitepaper.pdf
As you can see on the above image, Platio take an advantage on its competitors by such features. All of them are considered as an exchange but they have few features to offer thst beyond the capacity of a normal exchange. As a P2P system they added Asset Guard and Smart Escrow.
Asset guard is a sole backboned safety precaution method of Platio ecosystem to secure the funds inside the platio wallet system. It will alleviates necessary need to efficiently monitor the market updates. Also it includes, backup phrase for other authorized person over your account. or store your backup phrase so that authorized persons could access your account's assets. What mote enticing here, is the addition of Smart Escrow feature. They can handle parties who want to secure a mode of transaction with other parties. Probably they will cut some fees but you will be secure that your funds are in good hands. Trust is important and a platform with a billion $ worth can manage big clients for this feature systematically via the platform.
LATEST UPDATE FOR NOW?
As of this writing, their ICO still live and currently on their presale stage. The Crowdsale is estimated to be finish on December 9, 2018 but I can feel they can easily complete it due to quality product within their platform. You can see the details below of their ongoing Crowdsale.
Image reference: https://platio.io/static/docks/platio-whitepaper.pdf
CONCLUSION
Based on the discussion above, I think they can pulled off this project well cause they have an experience team overseeing the project plus the product itself have a very interesting concept. I know it has a lot of similarities with a lot of platform out there but what Platio have that they don't have matters. In world of crypto, the best idea always being favored by most, remember that crypto is a continuous revolutionary industry in which the most capable of delivering new concept wins. So far, I am confident with this project and I believe that Platio can outperformed other competitors on this kind of concept. But the secret here is HOW the management will make it happen. The team behind Platio are on different levels and calibers when it comes to experiences and I assure you that every member of their team have skills to do their job to make this project worth it. I suggest that you take a peek of what's this project can offer and tell me If all I'm saying here is wrong. Hope you like my blog about Platio project.
If you want to know full details of the project just visit the following links below for update and latest news about Platio ICO.
Website: https://platio.io/
OnePager: https://platio.io/static/docks/platio-onepager.pdf
Creator of this article:
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eth address: 0x2981f6554aC5519Fec7ba96a3A799d81C683199C