Platon Finance is the first insured crypto-financial ecosystem based on a Ethereum blockchain, connecting the classic fiat money market with modern digital currencies via its own ERC-20 standard token, PlatonCoin. Thanks to high-security standards by the latest Symantec technologies and the crypto insurance against cyber theft by a Lloyd's syndicate, Platon Finance is bringing a unique blockchain-based solution to the increasing security issues around digital assets.
Plutons are digital tokens issued to users on the Ethereum blockchain, these are native to the Plutus app. To provide an analogy, these tokens are similar to cash back or frequent flier miles. As a user, you will automatically be rewarded with a 3%* rebate in Plutons for every Bitcoin deposit you make towards a purchase. Plutons can be used within the Plutus app in the same way as Bitcoins. This means that you can use Plutons to charge your contactless balance just as you would with BTC, with the added benefit of zero fees and instant conversions.