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Since its inception less than ten years ago, the cryptocurrency market has reached a market capitalization of over 200 billion USD as of August 2018. However, we believe that the cryptosector is a long way from reaching its peak as it has yet to be integrated into the broader . Cryptocurrencies do not enjoy the same access to traditional banking products and services as fiat. While some still question the benefits of digital currency, the Platio team believes that digital currency can become mainstream in the near future. However, we also believe that the mainstream will only embrace digital currency when it is much more easily accessible. Without the development of robust blockchain technology there would be no crypto market as we know it today. It offers a unique alternative way of securely transferring financial assets around the globe, both inside and outside of the current banking infrastructure.
The Platio Ecosystem will be based on a seamlessly operated mobile and web interface, where users will have all the necessary data and tools at their fingertips to instantly transact with crypto, fiat or stock. Platio’s platform will be built on EOS technology, capable of hosting smooth, routine interactions of Platio’s multilayered ecosystem. Our digital management solution will be built into this robust infrastructure, and will work with crypto, fiat and stocks. The absence of harmonized
international regulatory frameworks for the sale and use of cryptocurrency has impeded its adoption and the growth of global markets in digital assets. The Platio Ecosystem will facilitate financial operations in fiat, crypto and common stocks all within one ecosystem. It will also enhance the utility of crypto assets with two unique products: Asset Guard and Smart Escrow.
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Traditional banks are very selective in the services they provide for crypto users within their current banking systems. They have not embraced the digital coin era, or the way cryptocurrencies have evolved. Being fully compliant, regulated and technologically advanced, Platio solves this problems with easy access to the Platio Ecosystem, using tokenization of assets based on EOS technology, and supporting the three types of assets: crypto, fiat and stocks. Specifically, Platio’s goal is to provide solutions to crypto users.
Platio is the all-in-one smart banking platform for encrypted assets, fiat and stocks. Backed by EOS's blockchain technology, the platform provides users with a secure and convenient way to manage transactions between traditional and digital finance. Users can make payments by password via SEPA / SWIFT and debit card.
Smart banking plans to build trust with unique asset protection and smart products. Both use smart contracts to protect Platio users from the major challenges of cryptography.
Problem
- You have to import many services to be disbursed: exchange, online conversion, electronic payment service. Platio carries a purse of a single user and finally offers a way to run multiple operations with all the money in one place with three asset types.
- There is no secret to keep Crypto from showing you some of the risks: sudden changes in encryption values and the risk of losing a private key. The property protection feature of Platio protects your passwords, fiat and stocks, all stored in a secure ecosystem against the risks posed by high market volatility or loss of access. . In addition, with Platio you can define exchange conditions and the smart deal will exchange your password or stock for fiat and return. You can specify the length of the non-active external account that The smart deal will transfer ownership from your encrypted account to another account crypto or fiat
- Can not change password payments.
Solution
Smart Escrow will only issue your password after you receive what you are paying for. Smart deals send crypto, fiat or stock to the seller of the product or service only after the parameters of the deal are met and the buyer actually receives the promised product or service.
"Platio aims to have the best features from both cryptographic and fiat financial systems," explains Dima Okhrimchuk, CEO of Platio. "Our smart banking ecosystem is set to increase confidence in the password as an asset and promote its global adoption."
The role of blockchain
Platio builds a separate Sidechain based on EOS technology and a pre-defined set of intelligent contracts are supported. Platio Blockchain will ensure safe, fast and transparent internal business processes. The efficiency created through Blockchain will increase the organization's productivity and help cut transaction costs and processing time associated with traditional banking systems. All properties in Platio Ecosystem will be encrypted. Encrypted assets will be used for internal transactions and smart contracts in the Platio Ecosystem.
Exchange & Brokerage
Exchange & Brokerage will be an essential part of the Platio Smart Banking Ecosystem. For Platio this product will not only be the instrument for users to exchange and trade fiat, crypto and stocks, but also the underlying technology enabling Platio's other products, such as Platio payment cards, the Merchant processing API, Payments (SWIFT/SEPA/Ripple/OCT) and Asset guard.
Platio Exchange will allow users to exchange and trade both in crypto and fiat. Users will be able to make transactions in:
- Cryptocurrencies and tokens of blockchain projects
- Fiat currencies of supported countries.
The Platio Ecosystem will be focused not only on mainstream crypto currencies, but also on granting access to tokens of blockchain projects. Platio aims to support both the crypto community and prospective projects by allowing its users to buy and sell crypto assets with higher growth potential. At the same time, tokens listed on the Platio Exchange will allow those projects to find new adopters and increase their business potential.
TOKEN DETAIL
PGAS is an ERC-20 utility token that is used for transactions in the platform.
Use cases of PGAS:
Payment of commissions and fees
Payment for registration
PGAS will generate revenue for Platio as any transaction made will generate transaction revenue or registered revenue.
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