RATE Group | Smart Banking Ecosystem to Shield Consumers From Volatility in Cryptocurrency Prices
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Smart Banking Ecosystem to Shield Consumers From Volatility in Cryptocurrency Prices

Smart Banking Ecosystem to Shield Consumers From Volatility in Cryptocurrency Prices

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A new smart banking ecosystem based on blockchain technology is offering an all-in-one platform for managing cryptocurrencies, fiat money and stocks — and hopes to make crypto payments practical and widespread.

Platio believes that, eventually, all financial assets are going to be tokenized and run on blockchains — completely transforming the international financial system. However, the company says progress has been slow because some cryptocurrency features are making businesses and consumers anxious.

Its platform is going to provide users with peace of mind knowing that their financial assets are safe via a suite of tools. Platio hopes to assuage concerns about unreliable consumers and merchants through a Smart Escrow tool, which helps both parties feel confident that transactions will go according to plan, as dispute resolution will be available if payments aren’t made or goods and services aren’t delivered.

Other features in the startup’s ecosystem include Asset Guard,…

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