Platin (PTNX Token): Blockchain Proof Of Location (PoL) Protocol?

2018-11-1 12:04

What Is Platin?

Platin is a secure, lightweight, verifiable, blockchain agnostic, and decentralized Proof-of-Location protocol that makes cryptocurrency real for people to see, feel, and touch by decentralizing the location services marketplace with the proof of verification and secure location capabilities for any digital assets. The platform's peer-to-peer location protocol is available to businesses worldwide.

The platform contains a location-aware language called SolidityGEO, which allows for the expression of complex regions as well as boundaries, thus visualizing the location of digital assets like branded coin, cryptocurrency, and document—all depending on the current underlying business case.

Easy Location

The platform allows everyone to geo-locate digital assets anywhere on the map in the entire world in real-time through privacy, open, and preserving zero-knowledge proofs that are part of the Platin protocol. Any digital asset now has a fixed location in the physical space through the platform. This provides an incentive for people to easily interact with them.

The Platin protocol is extensible and interoperable and has the potential of transforming every industry be it retail, humanitarian aid, automotive, supply chain, and security. The platform provides GIS extensions to blockchain, Ethereum, and EOS that developers can use in order to define and request secure location proofs on the specific blockchain.

The Platin platform is developed by an excellent team of experienced professionals in blockchain, mobile, security, and AR. This enables the making of cryptocurrency to be real and more accessible worldwide, through a decentralized protocol based on incentivized location witnessing and signal harvesting.

How Platin Blockchain Proof Of Location (PoL) Protocol Works

To participate on the platform, users need to purchase its tokens. The platform's token are the PTNX tokens, which are ERC20 compliant and utility tokens on the platform. Users need to hold the tokens to be able to request location proofs through the platform's Proof-of-Location protocol found on blockchain.

The tokens allow for the coupling as well as representation of the geographical information within the secure digital assets. Early token holders get advantages in terms of bonuses, the ability of making early location stakes, higher percentage holdings of scarce cryptocurrency, as well as becoming a backer of Platin project.

Platin Benefits Security

The leveraging of high value assets is possible on the platform since the security of the platform is backed by its experienced and proven team of full time cryptographers. This ensures the efficient working of the platform. Platin focuses on the security and privacy of both its hardware and software components.

Interoperability

The platform is very hardware agnostic since it supports very flexible leveraging of existing infrastructure on its system.

Coverage

The Proof-of-Location protocol is not limited only to the areas that are being deployed but rather used anywhere and at any place on earth. It is not restrictive to a specific group of people.

Standards

The platform uses deployed, proven, and standardized ISO and W3C accepted standards in its operations such as the verifiable claims and the simple feature geometry.

Platin PTNX Token ICO Details Parameters of the ICO Token symbol: PTNX Token sale date: Oct 28, 2018 Accepted payment methods: ETH, BTC Total token supply: 1 Billion PTNX Hard cap: $18 Million Soft cap: $3 Million ICO: 300 Million PTNX

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Platin ICO

The PTNX utility tokens enable secure and verifiable location proofs to be requested via Platin’s Proof of Location (PoL) protocol on the blockchain, or to enable the coupling of and representation of geographical information within secure digital assets.

2018-9-24 16:33