Pluton (PLU) is a reward system. It is a decentralised reward system. Pluton is a start up organisation. Pluton is having the aim of building the contactless payment system of the next generation. Pluton is having the objective of making payments with crypto currency possible and accessible for everyone for their daily purchases. This can be done by connecting everyone with technology of blockchain. The blockchain technology also needs to be connected with infrastructure of traditional payments. It enables the process of making contactless payment by users with Bitcoin at merchants from 32 million NFC (Near Field Communication) enabled merchants group by proxy. The users have to just send Bitcoin to this application of smart phone to begin making contactless payments.
Plutons (PLU) are digital crypto tokens. Pluton (PLU) is an ERC20 reward crypto token which is on the Ethereum blockchain. PLU is issued on Ethereum blockchain. Plutons are the native crypto coins to the Plutus application. These Pluton (PLU) tokens are same as returning cash, to provide an analogy. Every user will receive a discount of 3% in Plutons automatically for every Bitcoin deposit made by the user for a purchase.
Plutus application is compatible with Bitcoins (BTC) and Plutons (PLU) both in similar manner. The user’s contactless balance can be charged both with Plutons and Bitcoins with equal ease, zero fees and instant conversions.
Pluton (PLU) empowers the user with the convenience of making fast and top priority transaction and no transaction fees charged for this service. It is indeed very simple to make contactless payments with Plutons (PLU) and Plutus application. The user has to simply hold her/his smart phone above the merchant’s Nera Field Communication (NFC) reader to make payments to the merchant with Plutons (PLU) or Bitcoin. The transaction of payment will be complete. The user can make contactless payments with Bitcoin at 32 million brick and mortar merchants by proxy with use of Plutus application. This process totally bypasses the necessity to wait for merchants to accept Bitcoins (BTC) as a direct form of payment.
The user can transact with other individuals with peer to peer gateway of PlutusDEX. There is no need to store crypto coins on PlutusDEX, allowing all users to have full control of their funds.
The users can buy digital currencies without any charge and pay those digital currencies with Tap and Pay payment system for just 3%. The users can also receive rewards in Plutons (PLU) worth between 1% to 3% on every purchase they make with Pluton. Pluton is the pioneer in contactless payment system.
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