Update: New KYC Partnership, Lower Barriers to Entry, Upcoming FinTech Event in London

You’ll be glad to hear that we will be releasing v.02 of the Plutus Tap & Pay BETA on Monday the 13th November.But before that, we’d like to start you out with a recap. Here is a quick heads up on the last week ofPlutus. We’re proud to announce thatPlutushas partnered with leading KYC compliance and screening technology firmsOnfidoandComplyAdvantageto streamline the on-boarding experience by providing faster and more convenient KYC/AML verification.

More importantly, we have also lowered the barrier to entry.Thismeans that anyone will be able to purchase small increments, for example£100worth, of digital currencies through the PlutusDEX usingonly simple e-mail and text message verification. This also applies to Plutus Tap & Pay, where you will be able to deposit up to£100or€100of Pluton, Bitcoin, and Ethereum to add balance on your account. Right now the team is working at full capacity, and once the PlutusDEX is publicly released and has reached workable volume, community founding members will be set to receive their very own Plutus Debit Cards.

The product release dates will be announced in due course. Visit our booth on the 6th-7th of December at the FinTech Connect Live conference in London’s EXCEL.Our prodigious CTO Martin will be showcasing a live demo of the PlutusDEX and Tap & Pay during his presentation to a sizable FinTech audience. Best of all, this is the largest conference of its kind in the UK, and completely free to attend.

See you there! For those that are always looking for more news and information, here is a short summary from our most recent AMA on Wednesday 8th with Martin (CTO), Filip (CCO), and Nick (Community Support). If you have your own questions, then join us on Telegram next Wednesday:http://t.me/plutus_group We are currently in the late stages of third party service integration and testing of thePlutusDEX BETA.

As soon as we are satisfied with our security audit, we will be able to officially announce a public release date for thePlutusDEX, which will then be closely followed by the launch ofPlutus Tap & Payapp and thePlutus Debit Card. With regards to our marketing efforts, they are already in play and planned in tandem with our product release. Furthermore,Plutusis currently looking to expand its team in key positions to address this.

It is our strategy not to rush or hype expectations before our customers can interact with a stable and reliable Plutus application. We would also like to clarify questions aboutPlutons. Namely thatPlutonswere created as a loyalty reward token for users of thePlutus Tap and Payapp, they were not created for the purpose of being a speculative token.

Plutonsare priority and loyalty tokens that enable our customers to use the service with0% fees and instant deposit confirmations.We want to reiterate thatPlutusdoes not and will not initiate contact with third party services for listing that may encourage speculation. Please note that becausePLUis a decentralised token, any service can integrate Pluton support easily using publicly available information without our consent, especially if they already support otherERC20tokens. Thanks again for all your continuing support.

Sincerely, Plutus Previous update: