Platform for Unique Identification

A fully compliant Web3 platform that everyone can rely on.

Plunid platform is a Web3 Identity Provider (IdP) focused on:

Increasing trust and transparency in the crypto space

Let’s bring everyone into the crypto space.

Problem

Non-crypto users are frightened of the crypto space. Some of them even think that it’s all based on scams, fraud, and illegal activities. Who can blame them?

We need to lower technical barriers and make crypto space more secure for those who wish to join in.

Why is it a problem?

There really are a lot of illegal activities in the crypto space (money laundering, Ponzi and pyramid schemes, rug pulls and exit scams, fake exchanges and wallets, phishing scams, …). Lot of crypto price volatility and speculations, and price manipulation (pump and dump, whales in the game). Failed projects and lost investments. You name it.

Businesses are hesitant to accept crypto customers because they don’t know who’s behind all those crypto adresses. So they’re sticking to existing reliable and globally accepted payment solutions.

Solution

A lack of clear regulations and transparency leads to a lack of trust. Plunid’s sole purpose is to increase trust and transparency in the crypto space by becoming a globally trusted on-chain Identity Provider (IdP). Plunid combines regular users, their businesses, and governments into one platform and provides safety regulations for each player in the crypto space.

What’s in it for you?

  • You don’t have to be afraid of scams or fraud anymore – because everyone who transacts in Plunid-issued digital assets is identified on the platform.
  • You sent your Plunid-issued digital assets to the wrong address? No problem. Our customer service is always here to help you get it back.
  • You lost your private keys, or someone stole them from you? No problem. We guarantee all your Plunid-issued digital assets, no matter what.
  • On Plunid platform there are no duplicate or fake user accounts.

Redefining blockchain authentication

Making life easier and more secure for the ordinary crypto user.

Problem

You’re a crypto user, but whenever you want to sign in to a crypto-related service or platform, you still have to log in using an email or a mobile app.

Why is that a problem?

Emails can be hacked, and phones can be physically stolen.

Why not use your most secure asset—the same one that protects your funds—for authentication instead? Your crypto wallet.

Solution

As a future globally trusted on-chain Identity Provider (IdP), we’re working on a Sign in with Plunid solution. This is our first step toward Plunid SSO (Single Sign-On).

With an active Plunid personal profile, you can use your Ethereum address as your single, unique on-chain ID—just like an email on the web, where nobody knows who’s behind an address like little.dorothy@gmail.com.

What’s in it for you?

  • No need to use your email—enjoy an easier sign-in process.
  • With SSO, there’s no need to repeat the same authentication process.
  • Reduces the risk of identity theft.

Redefining blockchain business operation

Making life easier for all the regular businesses that want to expand their presence into the crypto space.

Problem

You own a successful business in the real world and you’d like to offer and sell your products/services to on-chain customers. Or you’d like to enable your customers to pay in crypto, right? So why don’t you?

Why is it a problem?

Crypto is unregulated and uncharted territory. You’re afraid of scams, frauds, regulatory uncertainty, and legal liability. It’s much safer and simpler to do it in-store (brick and mortar) and within an online shop dealing with fiat currencies, or with regular bank accounts and credit/debit cards.

Solution

Create your Ethereum address. Register your business in Plunid (register a business profile). Once you fill in all required data and we verify your business identity – we’ll activate your business profile. The moment you have an active business profile you can freely do business with other active users on our Plunid platform.

What’s in it for you?

  • You’ll gain more customers.
  • No need to worry about cryptocurrency volatility (Plunid-issued digital assets are stablecoins and CBDCs).
  • No need to worry that you’ll lose your Plunid-issued digital assets if you lose the keys for your Ethereum account.
  • No security risks (we always know who’s your customer and you can rely on us for any legal actions).

Redefining blockchain government regulation

Making life easier for governments (Yes for them too).

Problem

Tax authorities want to collect tax on each transaction (whether that’s a VAT, income, and sales tax, capital gains or loss, …). Regular banks have mandatory reporting so it’s easy to work with them. But it’s totally different within the crypto space.

Why is it a problem?

Because the crypto space is disconnected from the real-world economy. You can’t always know who’s the owner behind the crypto address (crypto anonymity). And even if the tax authorities know the starting point (they’ve linked an individual to his wallet address) it’s tough to track all transactions because there are some crypto exchanges and cryptocurrencies that have totally anonymous transactions (Zcash, Dash, Monero, …). That’s why most tax regulations are based on crypto-to-fiat transactions.

Solution

Governments can register their government profile in Plunid (register a government profile). Plunid will offer help with opening different accounts for various taxes. Businesses and persons who registered their plunid profiles can transfer Plunid-issued digital assets directly to those accounts.

Even if the government does not open its profile at Plunid, the Plunid Foundation (as an on-chain IdP) makes transactions with Plunid-issued digital assets fully transparent for taxation purposes.

What’s in it for the governments?

  • In case the government issues CBDC on Plunid platform it will enable a better tax collection in the crypto space.
  • Fully transparent crypto space on the Plunid platform (all Plunid transactions are fully traceable).
  • Fully compliant Plunid crypto space (we adhere to the same rules/laws/requirements as the regular business entity).
  • In case of suspicious activities, government authorities can require an audit (we can provide information on our platform users, much like a bank).