Total raised
—
Last: Undisclosed 2019-01
Stage
Seed
Founded
2017
Headcount
2
HQ
Tel Aviv-Yafo
Sector
Cyber Security
About
Platin is a secure proof-of-location protocol based on activity recorded and exchanged by smartphones or more specialized devices. Platin incentivizes nodes at scale with its own blockchain-based cryptocurrency, PTN. The result is a secure location protocol that is ubiquitous, stackable, reliable, and suited for integration with any business based on location, such as supply chain, money and location verifications, location-based commerce, gaming, token geofencing, and know-your-customer and anti-money laundering processes.
Funding history · 1 round · — total
2019-01
Undisclosed
Undisclosed
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Platin's primary business focus?
- Platin is a secure proof-of-location protocol that uses blockchain technology and its own cryptocurrency, PTN, to verify location data from smartphones and specialized devices.
- When was Platin founded and where is its headquarters located?
- Platin was founded in June 2017 and is headquartered in Tel Aviv-Yafo, Israel.
- What is the current operational status of Platin?
- Platin is currently inactive, having ceased operations in November 2019.
- Which investor participated in Platin's funding round in January 2019?
- In January 2019, Platin secured an undisclosed investment from EOS VC.
- How many employees did Platin have?
- Platin had between 1 and 10 employees, with an exact count of 2.
- Who are the founders of Platin?
- The founders of Platin are Lionel Wolberger, Allon Mason, and Heinz Petersen.
- What are the main applications or use cases for Platin's technology?
- Platin's technology is suited for applications such as supply chain management, money and location verifications, location-based commerce, gaming, token geofencing, and know-your-customer (KYC) and anti-money laundering (AML) processes.
- What products has Platin developed?
- Platin developed products named SolidityGEO and Platin Signal Harvesting.
Sectors & technology
Primary sector
Cyber Security
Sub-sectors
Cyber SecurityData Security
Technologies
Data StorageDLT & Blockchain
Target customers
Financial ServicesFinancial ProductsVirtual Currencies
Business model
B2BB2B2C
Highlights
Verified
Tags
location-basedkycsoftware-applicationsblockchaincryptocurrencycyber-securitymobile-applications