Polybius is a regulated digital bank that feature an open API, allows electronic identification and is highly scalable, meaning that it can process a high number of transactions in a short period. This platform also has PolyID, a feature that collects users’ data and stores it in a digital pass environment where it is encrypted. Such data can only be accessed using SSL certificates, dynamic PINs (Personal Identification Numbers) and biometric information. Polybius creates a point of accessShow more [+] terminal where uses can manage all of their financial activities. Different industries will also be in a position to integrate easily, and allow easy transfer of data without compromising on privacy. Other technologies include big data, internet of things, applied AI, smart contracts and decentralized ledgers. It is a project of the HashCash company, based in Brussels, Belgium.
The token used as the currency on this platform PLBT is an ERC20 token. This token was never premined, but had its ICO (Initial Coin Offering) from May 31, 2017 to June 30, 2017 that raised approximately $62.9 million. The price of one token during this sale was $10. There was a total of 3.9 million tokens, with 93% being available for sale. Token holders receive dividends that are distributed using blockchain snapshots. The token is compatible with ERC20 tokens' wallets and is listed for trading on various exchanges including Mercatox, HitBTC, YoBit, Livecoin and ForkDelta.
Polybius team comprises of blockchain experts and enthusiasts as well as finance, banking and legal professionals. They include Anton Altement, the CEO and co-founder, Ivan Turygin, co-founder, Sergei Potapenko, co-founder, Edgar Bers, business developer, Vadim Gerassimov, the CTO and Jerome Dickinson, the Chief Legal Officer among others.