The Plutus team held a successful design Hackathon in London this weekend. Expect some great changes to the UIX and complete design overhaul of the platform, eta Q1 2019. #Cryptoanywhere #Buidl

Dear Community, as we strive to improve our functionality and U/X we are calling on you to complete a short survey on the overall satisfaction of the ‘Plutus Tap & Pay’ app. Your feedback will go towards influencing our next major upgrade. As a gesture of gratitude, we will be rewarding 5 PLU for every completed survey: https://plutusit.typeform.com/to/qBYDmL

Hi tulusikhlas,

Thank you for the support, security truly is of paramount importance to us.

At Plutus, we consider it of the upmost importance to provide privacy and security to our users. As a result, our development team have implemented numerous measures to prevent any malicious activity before it occurs.

Vulnerability Reward Programme

Plutus recognise the importance of security researchers who invest time and effort into helping us secure our platform. As a result, anyone who reports a vulnerability that could compromise the confidentiality or integrity of our users or service, will be directly rewarded.

Security is of paramount importance, which means we will investigate all reported bugs and potential breaches. If you believe you have discovered a bug or vulnerability in Plutus.it, or any of our applications; please contact us right away at security@plutus.it

Rewards

Rewards will only apply to vulnerabilities found on the latest version of our app, ‘Plutus Tap & Pay’, no longer will we be rewarding bugs found on old versions.
A reward of up to $500 (paid in PLU) may be provided for the disclosure of qualified bugs (Bypassing login processes, executing code, interfering with user interaction, accessing other sessions, etc.).

Smaller vulnerabilities that do not meet our severity criteria may still be provided with a minimum of $100 (PLU) if they lead to an improvement in overall security.

Participants have until 31st December to disclose any bugs discovered. In order to abide by our policy, vulnerabilities must be disclosed privately, and provide us reasonable time to respond.

Please note: We do not reward spam or socially engineered vulnerabilities, neither do we reward vulnerabilities that have been disclosed publicly. Third-party applications such as the ones we use to test our BETA applications are not incorporated into this bounty programme. This includes Crashlytics, Telegram, etc.

The Jackpot

Hackers will also be in with a chance of winning a $3000 (PLU) jackpot prize, one security researcher will be picked at random out of everyone that disclosed valid vulnerabilities to receive the jackpot.

Terms & Restrictions

-   The first person to report and disclose a bug will be rewarded.
-   Publicly disclosed bugs will not be rewarded.
-   The reward amounts may increase and decrease, this is at our discretion.
-   We may cancel the programme at any time.
-   Your testing must not violate any laws at any time.
-   Bugs discovered on old app versions will not be rewarded.
-   Bugs discovered after 31st December 2018 when the bounty hacker scheme finishes will not be rewarded.
-   Due to legal restrictions, we cannot and will not reward residents of countries under current U.S. sanctions (including North Korea, Libya, Cuba).

Whilst the review is mostly accurate, we recommend people use our company website for information about the project: https://plutus.it/

More current updates can be found on our Medium channel: https://medium.com/@PlutusIT

As for the second question, there is no way around KYC checks for making larger transactions; these are necessary for us to comply with existing rules and regulations. We treat confidentiality and privacy with the upmost importance and only request what information is legally required in order to pass KYC.

If you have any other questions, please let us know.

Plutus

Hi menace.bit,

We have previously experienced some delays however the project is nearing its final stages. BTC & ETH are now tradable on the PlutusDEX and the app will be officially live this November.

If you have any other questions, please let us know.

Plutus

Announcement
The London based company have announced major developments to their decentralized exchange. BTC and ETH can now be bought or sold on the platform.
Plutus is now integrated with SEPA, a payment-integration initiative that enables efficient cross-border payments in Euros. This means Plutus users can now easily and instantaneously deposit, trade and withdraw their Euros or cryptocurrencies.

Danial Daychopan, Plutus CEO, says “This is exciting progress for both the PlutusDEX platform and Plutus Tap & Pay. Our goal has always been to provide our members with a convenient way to convert cryptos and spend anywhere. Now they can.”

Plutus
PlutusDEX works on a purely peer-to-peer basis, meaning unlike other exchanges there is no centralized storage of everyone’s wealth that can be hacked. Instead, PlutusDEX matches users looking to securely purchase one another’s assets, and the funds are transferred directly between personal wallets.
PlutusDEX facilitates fair market rates based on the current exchange rates across all exchanges. While in its initial beta launch, all fees will be covered by Plutus meaning you can exchange your crypto and euros at zero costs.

Additionally, the platform can also be used as a payment service, users can top up their balance with crypto and spend their funds at any POS terminal in the world. Plutus are making it incredibly convenient to get the most out of your assets and live the ‘Bitcoin lifestyle’.

The platform can be accessed via the ‘Plutus Tap & Pay’ app, available on android and iOS; the app is already live: https://play.google.com/store/apps/details?id=it.plutus.android

Cryptocurrencies are rapidly evolving, and this development continues Plutus’ position as one of the leaders in a global push for fintech innovation.

Up to 160,000 Bitcoin and 160,000 Bitcoin Cash, worth over $1.1 billion, is set to be distributed within six months as part of the Mt. Gox bankruptcy proceedings. The collapsed exchange has now opened its rehabilitation claim filings to corporate users, as well as individual users; those seeking to recoup their funds from the infamous defunct Japanese exchange have until October 22 to file claims.

Danial Daychopan, CEO at crypto debit card Plutus, comments on how the release of such a large amount of Bitcoin may affect the market.

Full Article: https://decryptmedia.com/2018/09/17/crypto-industry-unafraid-billion/

Plutus are enabling users to instantly convert and spend their cryptocurrencies without experiencing any fees through the use of their decentralized P2P exchange known as PlutusDEX.

Unlike centralized exchanges, the users’ funds are at no point stored in a company wallet ensuring the users are in possession of their funds at all times which is a massive deal. “If you don’t own your private keys, you don’t own your bitcoin.” With centralized exchange wallets, you are not in possession of the private keys, the exchange is. This can be a shocking realisation for many people and it should be. In 2014 the world’s largest cryptocurrency exchange service Mt. Gox, had 850,000 bitcoins belonging to both the company and customers stolen which makes the development of a peer-to-peer decentralized exchange such as PlutusDEX so advantageous.

On top of this it is wrapped into a user friendly Tap & Pay app which allows users to spend their converted crypto at any brick and mortar globally. Plutus is now in beta testing, take a look here: https://plutus.it/

Full Article: https://www.reddit.com/r/plutus/comments/9f6tjb/the_benefits_of_peertopeer_payment_networks/

Plutus are enabling users to instantly convert and spend their cryptocurrencies without experiencing any fees through the use of their decentralized P2P exchange known as PlutusDEX.

Unlike centralized exchanges, the users’ funds are at no point stored in a company wallet ensuring the users are in possession of their funds at all times which is a massive deal. “If you don’t own your private keys, you don’t own your bitcoin.” With centralized exchange wallets, you are not in possession of the private keys, the exchange is. This can be a shocking realisation for many people and it should be. In 2014 the world’s largest cryptocurrency exchange service Mt. Gox, had 850,000 bitcoins belonging to both the company and customers stolen which makes the development of a peer-to-peer decentralized exchange such as PlutusDEX so advantageous.

On top of this it is wrapped into a user friendly Tap & Pay app which allows users to spend their converted crypto at any brick and mortar globally. Plutus is now in beta testing, take a look here: https://plutus.it/

Full Article: https://www.reddit.com/r/plutus/comments/9f6tjb/the_benefits_of_peertopeer_payment_networks/

Looks interesting. Thanks!

Welcome on board. You can download the beta and test your PLU on the app.

Please create a ticket on our website or email support@plutus.it

Sorry about the inconvenience.

Thanks

At the moment you can use the PlutusDEX to purchase PLU using a FIAT balance. We plan to enable BTC and ETH as well once our security audits are completed and we have final approval.

All in all, the PlutusDEX is primarily intended to be a gateway to facilitate peer-to-peer buying of crypto using fiat. As such, currently we will not support crypto-to-crypto trading.

"We are temporarily closing access to the BETA until Monday, 12th March before activating LIVE #cryptocurrency and payment support. Please read our latest post for more details."

https://twitter.com/PlutusIT/status/971665474445561856