Press Release
“Data Island” Problem Can Be Solved by Combining Privacy Computing AI and Blockchain Technology
Platon Now Offers Breakthrough Solutions to Break the “Data Island” and Release the Value Potential
During the COVID-19 pandemic, medical networking services developed rapidly, and big data played a key role in the development. In the medical industry, new medical models and cutting-edge research also require a large number of patient data to verify. However, due to the lack of effective privacy protection, data cannot be shared, resulting in the “data island” phenomenon, which has become a big problem to be solved. At the same time, the widespread use of medical big data also triggered the issue of privacy leaks and data abuse, and raised social concerns about data security and privacy protection.
These problems exist not only in the medical industry, but also in other industries. Citing the protection of trade secrets and refusing to trade their own data, government departments are also reluctant to share data because of security, interests, technology, and other concerns. This exacerbates the “data Island” problem, which restricts the maximization of data value.
In the current data market, users produce new online data every day, but they do not own the data. Data is held in the hands of each independent collector, resulting in the compartmentalization of data ownership, which is referred to as “data Island.” The lack of data privacy protection and sharing mechanism is the main obstacle for data authentication.
Blockchain provides an opportunity for data validation. Blockchain is a distributed ledger technology designed to realize transaction accounting through the joint participation of multi-nodes, and each node account is complete and cannot be tampered with. This helps in integrating users into the three-party governing account for insusceptible and uninterrupted data production, data monopoly and data use.
Through node authorization, the final data income is shared among the parties in proportion to realizing the sharing of data ownership. Although transaction information is shared in this process, account information is highly encrypted. Therefore, zero-knowledge proof is an effective strategy to protect the privacy of accounts. Zero-knowledge proof is to make the verifier believe that he has certain knowledge or ability without providing any useful information to the verifier, for example, to realize the asset transfer without disclosing user identity.
Blockchain technology can be widely used in equipment authentication, communication encryption and other areas to provide a strong support for breaking the “data island” and promoting data transactions.
Privacy computing brings solutions
The realization of data sharing transaction and potential value release happens on the value chain of “property right confirmation – privacy protection – co-computing – value sharing.” The scheme, which is widely accepted by finance and blockchain industry, is based on the solution combining privacy computing and AI, which is a new way to solve security problems such as key management, by integrating multiple cryptography algorithms with frontier blockchain technology. Public chain PlatOn is the pioneer that set a precedence of multi-party secure computing (MPC) and other cryptographic algorithms into the key management system (KMS), which realizes the management of massive scale digital assets through cryptography, thereby effectively resolving the contradiction between data privacy protection, right ownership and data sharing, and improving the value and efficiency of data. The technology can be used in future scenarios such as digital wallets and inter-agency transactions.
PlatON has focused on the combination of privacy computing and big data AI. The open-sourced, community-based, blockchain ecosystem recently launched Tensorflow, the world’s first privacy AI framework that supports mainstream in-depth learning. PlatON’s series of innovative practices have provided an observable way to solve the problem of “data island” and data asset transaction.
Thanks to its rich industry experience, PlatON can fix the impasse and step forward. It is reported that PlatON’s core founding team has more than 15 years of experience in finance and communications, and strong software implementation capability too. These are exactly what the foundation for PlatON is built on to continuously and effectively promote R&D investment and business practice. At present, PlatON is focusing on R&D and solving the problem of data sharing step by step in the engineering and business world. Currently, PlatON’s leading network, Alaya, is focused on the financial sector, where data is highly standardized and financial institutions have a strong desire to address data privacy concerns.
PlatON’s Future Vision: Building a Data Transaction Infrastructure
PlatON has become a global leader in the field of privacy-protected computing. With the accumulation of finance and AI, PlatON has reached strategic cooperation with HashQuark, Keystore, HashKey Hub and other well-known platforms in the industry to jointly promote the implementation and application of cutting-edge technologies, such as KeyShard, so as to realize the new digital assets custody service in the world and better protect the security of digital assets.
PlatON’s vision is to build a peer-to-peer computing network that integrates verifiable computing, privacy computing, scalable computing, and dedicated computing hardware to provide open-source public infrastructure software development, consulting, and operational services to developers, data providers, as well as various communities, organizations, and individuals with computing needs around the world, and ultimately to support mass data asset transactions.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Tel Aviv–Jaffa business leader Said Abulafia shares lessons from a historic Arab family-owned bakery that has served customers for nearly 150 years.
Tel Aviv–jaffa, Israel, 22nd July 2026, ZEX PR WIRE— Most businesses do not make it to ten years. According to the U.S. Bureau of Labor Statistics, only 34.7% of private-sector establishments born in 2013 were still operating in 2023. Family businesses face another challenge: only about 30% transition to the second generation, and roughly 12% remain viable into the third.
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That makes Abulafia Bakery’s history unusual. Founded in Jaffa in 1879, the historic Arab family-owned bakery has operated for nearly 150 years through political change, economic pressure, shifting customer habits, and several generations of family leadership.
Said Abulafia believes the bakery’s long history offers practical lessons for modern businesses trying to survive.
“When people hear that the bakery started in 1879, they think about history,” says Abulafia. “I think about responsibility. Every generation had to make decisions that kept the business alive. That is the real lesson.”
Longevity Starts With Trust
For Abulafia, the bakery’s staying power begins with customer trust. Customers return because they know what to expect. They recognize the product, the place, and the experience.
Modern businesses often focus on attention. Abulafia believes trust matters more.
“A customer who comes once is important,” he says. “A customer who comes back with their children or grandchildren tells you something much deeper. It means the business became part of their routine.”
That kind of loyalty is not built by a single strong campaign. It is built through years of consistency.
Consistency Is Not Old-Fashioned
In a fast-moving business environment, consistency can sound plain. Abulafia sees it differently.
For a bakery, consistency is operational. Ingredients must be reliable. Production has to stay controlled. Service has to feel familiar. Small changes are noticed quickly.
“If something changes in the product, regular customers know,” he says. “They may not explain it in technical terms, but they feel it. That is why consistency is not just a nice idea. It is part of the business model.”
Adaptation Without Losing Identity
Abulafia says one of the biggest challenges for heritage businesses is knowing what to change and what to protect.
A business founded in 1879 cannot operate exactly as it did in earlier generations. Costs change. Customer behavior changes. Competition changes. Operations must improve.
At the same time, moving too far from the core identity can weaken what has kept the business going.
“You have to modernize carefully,” says Abulafia. “If you change everything, you lose the reason people trusted you. If you change nothing, you fall behind. The work is finding the line between the two.”
What Modern Businesses Can Learn
Abulafia believes the bakery’s history offers several lessons that extend beyond hospitality.
First, businesses need a clear core. They should understand what customers return for and protect it.
Second, growth should not come before stability. A weak system becomes harder to manage as it expands.
Third, businesses should listen to repeat customers. Long-term customers often notice operational problems before leadership does.
“People talk a lot about innovation,” he says. “But sometimes the best information comes from a customer who has been coming to you for 20 years and notices when something feels different.”
Pressure Reveals Weakness
The bakery has faced many periods of uncertainty, including the COVID-19 pandemic, supply disruptions, rising costs, and fluctuating demand. Abulafia says those periods forced the business to simplify and strengthen its systems.
“When conditions are easy, you can ignore problems,” he says. “When pressure comes, every weakness becomes visible. That is when you either fix the system or keep repeating the same mistakes.”
For Abulafia, pressure is not only a challenge. It is a test of how well a business is built.
A Call to Study Businesses That Last
Abulafia encourages entrepreneurs, operators, and family business owners to study long-running businesses, not only fast-growing ones.
Many modern business stories focus on rapid scale. Abulafia believes there is equal value in studying enduring companies.
“A business that lasts for generations has already answered questions many newer businesses are still trying to solve,” he says. “How do you keep trust? How do you adapt? How do you stay useful to people over time?”
Call to Action
Abulafia encourages business owners to take practical steps:
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Identify what customers truly return for
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Protect the parts of the business that create trust
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Make changes gradually and measure the impact
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Listen closely to long-term customers
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Build operations that can survive difficult periods
“Longevity is not one big decision,” he says. “It is many small decisions made well over time.”
About Said Abulafia
Said Abulafia is a Tel Aviv–Jaffa-based business leader involved with Abulafia Bakery, a historic Arab family-owned bakery established in Jaffa in 1879. His work focuses on preserving the bakery’s legacy while adapting operations for modern customers, changing markets, and long-term continuity.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
New York City, NY, USA, July 22nd, 2026, FinanceWire
Knot, the leading merchant connectivity platform, has announced its partnership with RBC, Canada’s largest bank, to make RBC cards the default payment method for millions of cardholders wherever they spend. Using Knot’s CardSwitcher, RBC cardholders can set their RBC card as the saved payment method at their favorite merchants directly from the RBC mobile app, without manually entering card details. The partnership marks Knot’s first expansion beyond the United States.
Keeping RBC Top of Wallet
One of the hardest moments in payments is the first one. When a cardholder gets a new RBC card, putting it to use means hunting down every merchant where a card is already saved and updating each one by hand, so a new card often sits idle for weeks before it sees real spend. The partnership removes that friction. From the RBC app, cardholders add their RBC card to their preferred merchants in a few taps and set it as the saved payment method at the places they already spend, from the day the card is in hand.
For RBC, that means a card that goes to work immediately instead of waiting to be activated across a cardholder’s everyday spend. Placing the card as the default at the merchants cardholders use most keeps it top of wallet, turning a new RBC card from an occasional choice into a go-to payment method from the start and driving repeat spend and deeper loyalty to RBC.
Expanding into Canada with the Country’s Largest Bank
For years, Knot has built the merchant connectivity layer across the United States, linking the people, financial institutions, and merchants behind everyday spend. RBC is where that infrastructure goes international for the first time. Canada is Knot’s first market beyond the U.S., and launching it with the country’s largest bank sets the standard for every market that follows.
RBC did not become Canada’s largest bank by standing still. They move early, they invest in their clients, and they push the industry forward. That is exactly the kind of partner Knot wants to build alongside, and the reason RBC is the right first step into a new market. Bringing CardSwitcher to Canadian cardholders is the start of a longer roadmap, both for what Knot and RBC build together and for where Knot goes next.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Its success comes from the 101,000+ employees who leverage their imaginations and insights to bring the company’s vision, values, and strategy to life so it can help its clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, RBC has a diversified business model with a focus on innovation and providing exceptional experiences to its more than 19 million clients in Canada, the U.S., and 27 other countries. Learn more at rbc.com.
About Knot
Knot is the leading merchant connectivity platform, simplifying how consumers, merchants, and financial institutions interact. CardSwitcher is the foundation of Knot’s product suite, letting users update and manage card-on-file payments across hundreds of merchants. Building on the same connectivity infrastructure, TransactionLink delivers SKU-level transaction data, and SubManager gives users a single place to view and manage their subscriptions. By removing friction at every step, Knot helps financial institutions grow engagement, loyalty, and spend.
Users can learn more at KnotAPI.com and connect with Knot on X (@KnotAPIs) and LinkedIn (LinkedIn.com/company/KnotAPI).
Contact
Head of Growth
Jose Del Real
Knot
press@knotapi.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
New York City, USA, July 22nd, 2026, FinanceWire
RedotPay, a global stablecoin-based payment fintech, today announced it has been named to CNBC’s World’s Top Fintech Companies 2026 list, in the Payments category. RedotPay’s inclusion in the prestigious list reflects the growth of the company, which is the global leader in stablecoin consumer payments by volume and has over eight million users.
The list is compiled independently by CNBC and Statista, based on the past year’s performance data. Now in its fourth edition, the list honors 500 companies across nine market segments — Payments, Wealth Technology, Neobanking, Alternative Financing, Digital Assets, Enterprise Fintech, Insurtech, Regtech, and Others. For each segment, performance indicators and other metrics were used to evaluate and select companies for inclusion on the list.
“We’re honored to be recognized as a leading payments fintech company by CNBC and Statista. Stablecoin-powered payments are quickly becoming trusted by millions around the world, especially among those who don’t have reliable access to traditional banking infrastructure. We remain focused on making everyday stablecoin payments accessible to many more around the world,” said Michael Gao, CEO and Co-Founder of RedotPay.
The recognition reflects RedotPay’s continued focus on making stablecoin payments accessible, reliable, and compliant for customers and businesses globally. The company recently surpassed $1bn in monthly total payment volume. Its investors include Goodwater, Galaxy, Pantera, and Lightspeed.
About RedotPay
RedotPay is a global stablecoin-based payment fintech that integrates blockchain solutions with traditional banking and finance infrastructure. Our intuitive platform empowers millions around the world to spend and send digital assets, ensuring faster, more accessible and inclusive financial services. RedotPay advances financial inclusion for the unbanked and supports crypto enthusiasts, driving global adoption of secure and flexible stablecoin-powered financial solutions to bring crypto to real life. For more information, visit www.redotpay.com.
Contact
RedotPay
press@redotpay.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Said Abulafia on What a Bakery Founded in 1879 Can Teach Modern Businesses
Knot Expands into Canada, Partnering with RBC, the Country’s Largest Bank
RedotPay Recognized as One of the World’s Top Fintech Companies by CNBC
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