Platio Smart Banking Ecosystem to Overcome the Crypto Challenges

binar667 (7)in #fintech • 6 years ago

Platio is the all-in-one smart banking platform for crypto, fiat, and stock assets. Platio Smart Banking is set to make crypto a trusted, widespread means of payment. This platform will offer users a safe and convenient way to manage transactions between traditional and digital finance. Users can make payments in crypto via SEPA / SWIFT and debit cards.

The platform is to be hosted on EOS blockchain, making the project the first BaaS (Banking as a Service) solution on EOS technology. The Blockchain will ensure secure, fast and transparent internal business processes. The efficiencies created through Blockchain will increase organizational output and help cut down the transaction costs and processing time associated with traditional banking systems.

The Platio app will available on iOS as well as on Google Android, and Internet-based software. The financial environment of Platio includes many elements and features that interact to provide customers with smooth transaction procedures. Platio can adapt the element to the requirements associated with each individual and company, ensuring that each of them will appreciate the advanced capabilities for cryptocurrency transactions.

The Features

Platio Smart banking plans to build trust with unique ‘Asset Guard’ and ‘Smart Escrow’ products. Both use smart contracts to protect Platio users from the main challenges of the crypto world.

If you are a crypto user, you must have faced this challenge - at least once:

Must enter many services to be disbursed: exchanges, online converters, electronic payment services.
It’s no secret that holding Crypto exposes you to several risks : sudden fluctuations in crypto values and the risk of losing a private key. ownership
Crypto payments cannot be changed.

Platio, however, has the solution:

Platio carries the wallet of a single user and finally provides a way to run multiple operations with funds all in one place with three types of assets.
The Asset Guard feature of Platio protects crypto, fiat, and your shares, all stored in an ecosystem safe against possible risks caused by high market volatility or loss of access. In addition, with the Platio you can determine the conditions of exchange and smart contracts will exchange crypto or your shares for fiat and return You can specify the length of inactivity of the outside account that the smart contract will transfer.
The Smart Escrow will only release your crypto after you receive what you are paying for. The smart contract sends crypto, fiat or stocks to the seller of a product or service only after parameters of the deal are met and the buyer actually receives the promised product or service.

The Benefits

Make deals in crypto and fiat using smart escrow which resolves conflicts between parties
Protect crypto, fiat and stocks from volatility or access loss risks
Trade and exchange on one platform in crypto, fiat and stocks
Receive crypto and fiat via invoicing & processing for businesses and individuals
Keep crypto, fiat and stocks in one place
Spend crypto and fiat with plastic or virtual payment cards
Pay in crypto and fiat using swift/sepa/oct
Transfer crypto, fiat and stocks for free within platio ecosystem

The Token: PGAS

In order to stay accessible to the greatest number of potential investors, Platio will be releasing its native PGAS currency as an ERC-20 compliant token on the Ethereum blockchain. Once the EOS infrastructure is in place, the project team will then perform an air-swap with its own side-chain.

The project has set itself a €34.5 million hard cap for its upcoming Initial Token Sale as part of its overall mission to globalize its business model. The company’s closed pre-sale continues until 7th October. Investors joining the open pre-sale after 8th October can expect a 10-15% bonus.