The Plexus is Platin’s Blockchain. But Why Does Platin Need its Own Blockchain?

  • Incentives
    Proof of Location is incentivized by awarding the PTN token to participating nodes, and Plexus allows for a single-purpose ledger that is laser focused on geo-spacial incentives including micro-transactions, location-oriented transactions and location business logic.
  • Technical control
    Platin’s need for consensus and robustness are centered on the needs of privacy-preserving location credentials, zero knowledge proofs and validations; as a result Platin prioritizes technical implementations that other chains overlook.
  • Mobile first
    We are a mobile first blockchain and focus on mobile oriented solutions. It’s the computer we all already have in our pockets.
  • Throughput
    Most blockchains are continually innovating for greater throughput. But the Plexus sidesteps the ‘workarounds’ creating one of the fastest and lightest possible decentralized chains.

The Platin white paper discusses the above in greater depth: platin.io/#whitepaper


ABOUT PLATIN
Platin (platin.io) is a secure Proof of Location protocol based on activity recorded and exchanged by means of ordinary smartphones or more specialized devices. Platin incentivizes nodes at scale by means of its own blockchain-based cryptocurrency ‘PTN’. The result is a secure location protocol that is ubiquitous, stackable, reliable, and suited for integration with any business based on location such as supply chain, money and location verifications, LBS-enabled commerce, token geofencing, KYC+AML, and more. Platin’s union of secure location and cryptocurrency at the protocol level is disrupting industries across the world. Location is Everywhere™.

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