PlusCoin P2P platform

PlusCoin (PLCN)- DSPLUS
4 min readJul 6, 2018

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Trading platforms are a convenient and practical way to shop all around the world. Saving time and money is one of the most important components influencing the choice of modern man. Nowadays, each of us can take advantage of this kind of platform and make a purchase from anywhere in the world.

People often face the problem of paying for their orders, assuming that this order was made from one country to another. Currency conversion is sometimes very unprofitable or inconvenient for buyers, so they prefer to make orders either within their own country or on major international sites like AliExpress, eBay, Amazon, etc. Therefore, some suppliers lose their potential buyers and buyers do not receive the product they desire. We’ll call it problem №1.

Its solution is obvious: to give customers and sellers a service with a single payment currency. Generally accepted standards for working with fiat currencies (USD, EUR, RUB, CNY, etc.) cannot be applied because the currency conversion problem will not be solved. But why can’t we use cryptocurrency for these purposes? It is safe, anonymous, and fast, transfers are made at lowest costs, and moreover, a digital currency does not need to be converted for the seller and the buyer (of course, except for the cases when they need to exchange it for a fiat currency).

But this does not end there. I now propose that we consider a few more reasons for abandoning the standards of classical eCommers platforms and a few more reasons to support innovations in this market segment.

Problem №2 is the process of pricing, specifically the increase in purchase costs because of commissions of intermediary banks, which process payments.

Problem №3 might be more aptly described as “Fake reviews”. Even on top international eCommers platforms, especially there, we often come across fabricated reviews on a product and a seller or our feedback is deleted because it is not optimistic and does not embellishes dream opportunities of this purchase. Drived up ratings, not real reviews.

Inability to automate a plenty of processes, loss of money and user data in case of hacker attacks and so on. We can continue describing all the problems for a very long time. But I would prefer to turn to a relatively detailed analysis of what DS Plus (PlusCoin) prepares. And I think that you will agree with me.

The PlusCoin development team implements all the functions of a unified marketplace based on Blockchain and some more features into the DS PLUS (PlusCoin) P2P platform. the most significant difference from the examples I mentioned above is that due to the use of a private blockchain, all operations will be committed without commissions and the speed of transactions will be several times faster than common transfers in BTC or ETH. Sellers and buyers will not face the problems of currency conversions, commissions of intermediary banks, changes in the entered transactions data, etc. Buyers will be able to see true reviews and sellers will be able to stand out from the list of competitors, earning confirmed positive ratings.

A private blockchain is integrated into the platform work. The fact all the information about transactions passes a stage of data recording in peculiar private data ledger is its difference from the standard common network. This process will allow to exclude the network load and to minimize commisions to zero, it will provide a higher speed of operations with PlusCoin (AppPLCN).
AppPLCN is a unique digital payments unit based on private blockchain (PlusCoin) and P2P platform, respectively. In future it will be fully integrated into the work of DS PLUS mobile app. AppPLCN cannot be purchased at exchanges, this coin will only exist in the project infrastructure, on all the platforms related to PlusCoin private blockchain.
If you are already a project member and possess PLCN you may ask the right question: Where and how can I use PLCN if only AppPLCN can be used on the platform? The answer to this question is very simple. PLCN is an ERC-20 Token created in Ethereum Network, so it can only be transmitted in the common Ethereum net. PLCN can be traded at exchanges, it can be purchased or sold, sent to another wallet or just kept, altogether anything can be done with it through common Ethereum Network.
Putting PLCN on deposit through the personal account is sufficient for using PLCN on P2P platform and receiving AppPLCN by the rate 1 to 1. Generally, PLCN is the same AppPLCN, but it can be traded in the global Ethereum Network. Once depositing P2P is done and AppPLCN tokens are received it is possible to commit purchases. Everything is simple!
If you’ve sold a good, received AppPLCN and want to use them in the global Ethereum Network, that is sufficient to commit withdraw through a couple of clicks in the personal account.
Speed, anonymity, trust, safety and technological effectiveness are the main principals in the work of the P2P platform will be released in the closest time.

Official site: https://pluscoin.io/

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