Plutus Weekly Report - 6th November 2018

in update •  6 years ago 

Welcome to the Plutus Weekly Report on Tuesday 6th of November

Our bounty program continues to be a success, our devs are helping to scale our platform, we are working towards Plutus 2.0, and more. Read on.

Building Towards Plutus 2.0
In June 2016, we articulated part of our vision for the long-term future of Plutus

Now that we have built up a network of amazing strategic partners, we are able to take the next steps towards a full-featured platform.

The necessary preparations are being undertaken that may enable us to offer (current and additional) products indispensable to both crypto-enthusiasts, the unbanked, as well as the general public.

Using the power of SEPA transfers, Plutus Tap & Pay is quite possibly the fastest way to get from cryptocurrencies to a bank account balance.

Access your funds whenever you need them, with Plutus Tap & Pay.

You can now download the latest BETA version of the Plutus Tap & Pay app for Android or iOS and enjoy rapid crypto to fiat conversions at zero fees.

Media and Press

Global Banking & Finance Review Magazine:

“Blockchain Can Offer Solutions to Brexit Pitfalls”

An interview with our CEO and Founder, Danial Daychopan. (Page 58) - here

Development Updates

The wheels are spinning and development is moving forward to deliver results. This week, our development progress is quite concise, but far more challenging than usual.

  • Preparing for a complete overhaul of front-end infrastructure and flow, based on the results of the London UX session

  • Testing edge-cases for card integration. Overall progress on card integration is at 35%.

  • We have released a new version of the app with small changes in design and UX

  • Implementing (even more) changes that will let our infrastructure reliably handle a large influx of users and scale to a larger audience.

The Bounty Program

Hundreds of hackers, coders, and enthusiasts have been stress-testing Plutus’ systems to win Pluton rewards (PLU). In total, our bounty hunters contributed 30 successful improvements that have been approved and implemented.

The success of our first (but not last) bounty competition so far has helped us enhance the security of our platform, in line with our mission to provide a cryptocurrency product that you can rely on.

“It’s this changing attitude to crypto that we hope to encourage as we build towards a full-service launch with the Plutus Debit Card next year. This is the first step to impacting real change on the crypto market of the future.”

To keep up to date with all things Plutus, join our Telegram groups, and read this weeks update in full - visit our Medium blog here

Very important note: If you previously participated in the PLU crowdsale and have yet to claim your PLU you must do so before the end of December 2018. If you miss this deadline you will forfeit your unclaimed PLU and this will be used for bounty payouts.

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