The Use Case

Plata Token and its use case using the ACTM kiosk

Our plan is emulate all tranquility and standards the traditional automated teller machine can offer to users. Plainness and speed using the machine are the focus of this project. No registrations will be needed, cards or apps installed, only the Web3 wallet. All information gathed will be from the Polygon Blockchain. Withdraws (Token to Cash) When holding $PLT tokens in his Web3 wallet (Metamask, Trust Wallet, or Coinbase Wallet), the user will be able to swap some of them for fiat money using simple software running on the ACTM. Basically, some tokens need to be sent to a smart contract without any connection or injection. When the transaction confirmation happens the machine will spill the wished cash.

Deposits (Cash to Plata) The user can also deposit fiat cash in the kiosk, the money lodgement will be counted by the machine and after assessment, Plata tokens will be transfered to the customer Web3 Wallet. The system will ask for the target address, avoiding the maximum possible of information from the customer.