With half of the year gone it seems PlatON is relentless as ever as they keep creating and pushing out newer updates in ways that increases it's network performance while also creating multiple options for its users and not simply your every day trading of assets.
On May 24th 2023, the official account of PlatON Network sent out a tweet that would change the entire narrative of PlatON and it's read below
PlatON to Unveil Wallet Plugin Services for Ecosystem Partners
#PlatON will launch wallet plugin services for its ecosystem partners that feature seamless compatibility with decentralized wallets supported by existing projects, cross-chain transfers, and @AlchemyPay on/off-ramp
Additionally, future updates of the plugin will include features such as cross-chain and cross-coin swaps, encrypted payment-based transaction authentication, prepaid card sales, and virtual VISA cards.
PlatON will incorporate privacy-preserving computation capabilities into real-life distributed financial infrastructure (mainly payment & settlement facilities) and provide comprehensive payment and settlement standards and solutions for all ecosystem partners.
The network aims to make crypto and decentralized financial infrastructure more accessible to Web2 users, enabling traditional businesses to operate more efficiently, securely, and compliantly by leveraging decentralized payment capabilities.
For those who don't understand what the above means, let's break it down further more.
Wallet plugin service are like extensions or rather adds-on that creates an easy payout for various online services, meaning your favorite sites can be paid for on the go but on PlatON we are talking web3 improving on web2, with this upcoming service users will be able to interact with various decentralized wallets installed on whatever browser they see fit and perform onchain activities with a simple one click performance from bridging to swap of various kinds of assets which is not limited to a particular chain.
Say you have $LAT on PlatON Network and you want usdt on erc20, this wallet plugin service will allow you to swap with a one click without first bridging your $LAT to erc20 and then looking for a decentralized exchange to swap to usdt, this wallet plugin does all this and all you have to do would be to confirm the transaction and pay the corresponding fee.
The goal as usual is to create more awareness and make financial payment as seamless as possible while ensuring the technology behind it all is in no way termed complex but rather individuals can easily put on their pc or mobile phone whichever they see fit and make these transactions wherever they are and best part it can be achieved 24/7 without needing a 3rd party confirmation.
PlatON is bringing this and more and as usual, every update made will be posted via PlatON various social medias and you simply have to follow them to be among the first inline to test run every update.
If you are yet to follow PlatON Network then simply click on this Twitter link and ensure the notification is on https://twitter.com/PlatON_Network?t=WNy5PnziZQjvzylF3XD7mA&s=09
Regards to when the wallet plugin service will launch? Simply follow PlatON today and any new update corresponding to the above will be shared across, also this post will be updated when that time comes so simply anticipate.
Until then, if you have a question or two regarding the above then kindly drop a comment below and I will reply as soon as possible.
https://reddit.com/r/NigeriaCrypto/comments/141b57i/platon_to_onboard_wallet_plugin_service_what_does/
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i think platon is one undervalued token out there? i planned investing on it, but forgot, thanks for your post.