Monarch Wallet vs Plexus

Monarch Wallet now allows businesses, creators and others to easily accept cryptocurrencies on custom or recurring bases while reducing fees to as low as 0.5% per transaction and eliminates chargeback

Monarch offers mobile and desktop apps, a decentralized wallet and exchange, a portfolio tracker, and universal KYC integration. Monarch supports more than 3,000 cryptocurrencies. It allows qualified users to buy cryptocurrency with a bank or credit card, earn up to 8.1% APR interest on select cryptocurrency holdings, and switch between hot and cold wallets, all while maintaining their own private keys and seed.

Location: Las Vegas, United States

Pioneering a new approach towards identity and contracts for everyone and everything.

Plexus is developing a smart contracts platform to help businesses sign smart contracts using real-world identity with Identiplex™, our pioneering technology on blockchain.

Problems
Real-world online proof of identity is an issue
Centrally stored contracts / data is accessible by the service provider
Centralized systems are prone to cyber attacks
Digital transaction management services only support traditional static documents

Solution
Identiplex™ is our sovereign real-world identity that is used to sign smart contracts
Edge security means we cannot access any customer data, we are private by design
Plexus is a decentralized platform and therefore secure
Our contracts are smart and can preform tasks like bank to bank payments