Plancoin ABSTRACT and VISION

Plancoin community
3 min readApr 11, 2018

ABSTRACT

PLANCOIN is a highly secured Peer-to-peer and crytpo-payment decentralized platform powered by the Script (POW/POS) algorithm with a unique and self-regulated financial system which enables our users, members or participants to earn PLAN through staking or mining.The latest innovations in technological advancement, a novel model of crowdfunding and new cryptocurrency are brought together to give a powerful and comprehensive model of investor-participant and crypto asset appreciation with its related interest alignment.
Thus, this model is generalizable and cross-cuts a number of sectors. Therefore, the interests of these investors, participants, and the society’s most vulnerable are aligned by designing this effectively tax-subsidized cryptocurrency.
As it is widely believed, currency supply to a hard cap is strictly limited. Hence, the currency-institutional system is developed to generate a long-term and rapid growth in currency demand, as well as permanent and repetitive reductions in the supply of token. As a result, financial institutions, Individuals, and large companies can design various crowdfunded projects that smoothen their reputations with less labour — then receive primary tax deductions for doing so. In actual sense, donations to these projects would directly increase the demand of the token. Additionally, a certain portion of the wages would be sent to a medium-term worker or other pension fund, which in turn would fuel the long-term systemic reductions in the supply of liquid token. This innovation, however, is also generalizable across many cryptocurrencies. If it is widely adopted, it would remarkably accelerate a value creation in the crypto-asset marketspace.

VISION

Not all revolutions have already taken place in this digital era. The Blockchain technology and its breakthrough especially changes how we understand money as the traditional medium of payment. Several blockchain-based cryptocurrencies have disrupted many industries from the several methods of crypto-payment to traditional banking and other financial sectors.
This is where PLANCOIN comes in. Generally, the vision behind the development of this project emanates from the incredible potentials of the cryptosphere. Furthermore, the ever-increasing adoptions make them an integral part of the financial ecosystem throughout the world. To us, this means that each scale and unit of the retail and e-commerce industries will begin the adoption of a cryppto-based payment technologies. However, this will need secure yet innovative encompassing payments service providers.

The E-commerce and payment industries are growing exponentially. Virtually all the online retailers and e-commerce stores are on the threshold of incorporating the different Blockchain-based payment methods. Hence, this is the accurate time for PLANCOIN to emerge and champion a new industry of crypto-payments. We want to reinvent real and living E-commerce payment processes according to the demands of the global markets. PLANCOIN has chosen this direction; the projected direction of crypto-payment and e-commerce industries. We will ensure an instantaneous transfer and exchange of all crypto-holdings for our users, retailers, businesses, and merchants.

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Plancoin community

Plancoin trading solution, digital currency transaction based on Blockchain technology