Proton

Proton XPR

$0.0120
Market Cap $ 19.485 MM (#423)
24h Volume $ 3.651 MM
Chg. 24h: 6.90%
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Proton project purpose and description

Proton clarity of purpose

Proton purpose and aspects

Proton is a new public blockchain and dApp platform designed for both consumer applications and P2P payments. It is built around a secure identity and financial settlements layer that allows users to directly link real identity and fiat accounts, pull funds and buy crypto, and use crypto seamlessly.

Proton categories

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Short description

Proton - A blockchain-based identity method for signing and settling financial transactions.

Abstract

Proton (XPR) is a new public blockchain and smart contract platformdesigned for both consumer applications and peer-peer payments. It is builtaround a secure identity and financial settlements layer that allows users todirectly link real identity and fiat accounts, pull funds and buy crypto, anduse that crypto seamlessly in apps.At the core of Proton is the notion of a verified account, where a user BobSmith can verify his identity, and securely assert that @bob is in fact hisreal account. Moreover, Bob can link fiat accounts to this account, andpush and pull fiat funds from daemon commands via the node. This meansthat after KYC, @bob can move funds between a special purpose bankaccount or a credit card and crypto with one fast transaction. It also meanshe can find and send either fiat or crypto to his friend Alice Black (@alice)knowing that she is the real Alice Black.

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