PLUME

Plume

$0.07083
2.93%
PLUMEERC20ETH0x4C1746A800D224393fE2470C70A35717eD4eA5F12024-08-07
Plume (PLUME) is a blockchain platform focused on tokenising real-world assets (RWAs) and integrating them into decentralised finance. It provides tools like the Arc tokenisation engine, Nexus data highway, and Smart Wallets for secure and compliant asset management. Founded by Chris Yin, Plume aims to create a transparent and interoperable ecosystem for both retail and institutional participants, bridging the gap between traditional finance and blockchain technology.

Plume is a public blockchain designed to optimise the tokenisation and integration of real-world assets (RWAs) into decentralised ecosystems. Its infrastructure facilitates the conversion of physical or legal claims on real-world assets into blockchain-based digital tokens. Plume’s modular framework is tailored for compliance, interoperability, and scalability, supporting the needs of both crypto-native and traditional finance participants. The ecosystem incorporates key components like the Arc tokenisation engine, the Nexus data highway, and Plume Smart Wallets to offer a seamless platform for managing RWAs.

Plume also powers its ecosystem with specific tokens, such as Plume USD (a stablecoin pegged to the US dollar for RWA transactions) and Plume Arc, which supports its tokenisation framework.

Plume is utilised primarily to bring RWAs onto the blockchain, enhancing their liquidity, accessibility, and composability in decentralised finance (DeFi) applications. Its key use cases include:

  • Asset Tokenisation: Through its Arc engine, Plume enables users to tokenise assets like real estate, commodities, and revenue streams while maintaining compliance with legal and regulatory frameworks.
  • RWA Finance (RWAfi): The ecosystem supports yield-generating instruments based on RWAs, enabling users to earn income from assets such as loans and real estate.
  • Decentralised Finance: Plume's Smart Wallets enable the staking, lending, borrowing, and composability of tokenised RWAs within DeFi protocols.
  • Real-World Data Integration: The Nexus component connects blockchain assets with off-chain data, such as economic indicators or social trends, supporting DeFi applications and prediction markets.
  • Onramps and Offramps: Plume facilitates seamless fiat-to-crypto and crypto-to-fiat conversions, allowing for easy onboarding of users and businesses into the blockchain ecosystem.

Plume was founded by Chris Yin, whose professional profile indicates expertise in blockchain technology, finance, and compliance.