What is the Plume Network?
Plume Network (PLUME) is a secure layer one blockchain designed to simplify the tokenization process and real asset applications. Plume provides the necessary infrastructure for tokenizing real assets, automatically verifying their compliance, and leveraging assets further within DeFi protocols for lending, borrowing, collateralization, and other common financial functions in the world of digital currencies.
The Plume Network's proprietary tokenization engine (Arc) allows asset owners to streamline the process of transferring real and digital assets on the network. The smart wallets offered by the platform enable the utilization and enhanced management of these tokenized assets across external DeFi protocols. Additionally, Plume supports real assets by integrating external liquidity sources and enriching data. In short, the platform provides a comprehensive solution for asset owners to manage their real assets, from transferring them on the network to actively generating yield through their use within the DeFi industry. The project refers to this active application of real assets within the DeFi framework as (RWAfi), highlighting the close integration of these assets with the finance sector in the digital currency world.