Connect with us

Press Release

Decentralized And Fully Open-Source Project PlatON Aims To Construct New Generation Financial Infrastructure

Published

5 years ago

on

In recent years, with rapid development of 5G, Internet of Things, cloud computing and other technologies, the whole society has been evolving and upgrading on the road of informationization, digitization and intelligentization, and the data has become the key factor in the production process. As the value of data resources is gradually recognized, the demand for data circulation and sharing is increasing.

Although entities such as platform enterprises can set up algorithm analysis teams, use crawlers and terminal equipment and other technologies to obtain external data and process the same, provide relevant data to the outside world or provide data services, and overcome their own development problems in a centralized processing mode, from the perspective of the whole society, the data that can be acquired and processed by the centralized processing mode is still limited. The current digital infrastructure cannot meet the urgent needs for data transaction and sharing. Moreover, the inherent protection policy of trade secrets in the industry and the concerns of government departments on security interests restrict the maximum use of data value.

The emergence of blockchain and privacy computing technology provides guarantee and incentive for protecting data privacy and promoting data sharing transactions, and is gradually disrupting the traditional centralized governance model, creating the possibility for building a “decentralized” digital infrastructure.

“Decentralization” Reform And Development Trend In The Financial Field

The financial industry depends on big data, and its essence is in effective allocation of resources on the basis of mutual trust. As the traditional financial system is based on the centralized mode, it is highly dependent on intermediaries such as banks and arbitrators such as courts, which makes the market transaction cost high and the system efficiency low. It requires a lot of paperwork and it is difficult to manage vouchers. Introducing blockchain technology into the financial industry will break through the traditional centralized capital transaction mode and build a scattered and decentralized financial service system, which is called distributed finance (Defi).

Defi is not bound by central financial intermediaries such as banks, exchanges and brokerage companies, and uses blockchain intelligent contracts, which can specify in advance how to deal with all possible disputes and eliminate the necessity of third-party arbitrators, thereby reducing the provision and use of intermediary services and reducing transaction costs within the system. Compared with the traditional financial system, Defi transactions are smoother, and the financial services it provides will not be affected by a single point of failure.

Although Defi has many advantages in technology and business model, its development still faces many challenges. Security, as the first element of financial infrastructure, is also an unavoidable topic in Defi development. Within the financial system, the underlying network carries the transaction flow and payment settlement, while the vast amount of data flowing on nodes is related to customer privacy and trade secrets. In addition to that, whether it is institutional coordination and financial supervision in the short term or profit sharing in the future financial scenario, it is necessary to make a trade-off between data sharing and protection. All these cannot be separated from the escort of private computing technology.

Exploration Of PlatON In Constructing Financial Infrastructure

As a global leader in blockchain + privacy computing, PlatON will provide public infrastructure services under the open-source architecture for global AI and distributed application developers, data providers and various communities, institutions and individuals with computing needs through a new generation of private computing architecture consisting of verifiable computing, secure multi-party computing, zero-knowledge proof and homomorphic encryption.

At present, PlatON technology application scenarios have been extended to credit reporting, payment and clearing, key management and other fields. Facing the future all-digital era, one of PlatON’s core strategies is to explore possible paths for building a new generation of financial infrastructure by relying on privacy computing and its technical endowment, so as to promote large-scale transaction services and liquidity governance of data assets. To this end, PlatON officially launched the meta-network Alaya in October 2020. As the prototype network and “business sandbox” of PlatON’s new generation financial infrastructure, Alaya is committed to becoming the “pioneering demonstration area” of the next generation privacy computing and data asset computing infrastructure in the world.

PlatON is also a decentralized and fully open-source project, and anyone who is willing to support its development can contribute and get rewards. Recently, PlatON launched Hackathon activity on DoraHacks developer platform Hackerlink and set up a bonus pool of 170,000 US dollars, aiming at encouraging developers to emerge new inspiration and create new value, and further enriching the ecological application of PlatON and its meta-network Alaya around the private AI computing network. This activity was officially launched on July 21st and is expected to last until the end of September. The idea is tested on the Alaya development and test network or main network to continuously verify the completeness of the basic functions of the network. PlatON welcomes developers from all over the world to submit blockchain projects based on Alaya network to build a secure and credible digital infrastructure.

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

See author's posts

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.

Related Topics:
Continue Reading

Press Release

Leverabet Launches Cryptocurrency-Based Online Gaming Platform Focused on Digital Transactions and Transparent Gameplay

Published

14 hours ago

on

February 15, 2026

By

 

New York, NY/ GlobePRWire / Feb 12, 2026 –Leverabet, a cryptocurrency-enabled online gaming platform, has announced the launch of its digital entertainment ecosystem designed to integrate blockchain-based payments with a wide selection of online gaming content.

 

The platform enables users to participate in online games and sports-related markets using supported cryptocurrencies. By utilizing blockchain infrastructure, Leverabet facilitates digital asset deposits and withdrawals within its system.

 

Leverabet reports that its platform currently provides access to more than 15,000 on-demand games and coverage of over 500,000 sporting events annually. The gaming portfolio includes casino-style entertainment titles, multiplier-based games, and sports markets accessible through a single user interface.

 

To support transparency, Leverabet incorporates provably fair gaming technology. This system allows users to independently verify game outcomes through cryptographic validation methods.

The platform also includes structured user rewards and tier-based benefits designed to provide engagement incentives for registered users. Certain games within the ecosystem feature high-multiplier mechanics as part of their gameplay structure.

 

Leverabet states that it is designed with a privacy-conscious framework and streamlined account setup, subject to applicable laws and jurisdictional requirements. Availability of services may vary by region.

 

As the cryptocurrency sector continues to evolve, Leverabet aims to contribute to the broader development of blockchain-based digital entertainment platforms.

 

Users are encouraged to review local regulations before participating. Online gaming involves risk and may not be suitable for all individuals. Responsible participation is advised.

 

For more information, please visit:

Website: https://leverabet.com

X (Twitter): https://x.com/LeverabetCom

Telegram: https://t.me/leverabetcom

Instagram: https://www.instagram.com/leverabetcom

 

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Xiangyang, China: locals welcome the Chinese New Year by flying sky lanterns and experiencing intangible cultural heritage.

Published

16 hours ago

on

February 15, 2026

By

On February 14, 2026, local time, residents gather in the Ancient City of Xiangyang, located in Xiangyang, Hubei Province, China, to release Kongming lanterns in a coordinated public event. The Ancient City of Xiangyang boasts a history spanning 2,800 years.

Under the theme “Thousands of Lanterns Flying Above the Hanshui River and Thousands of Families Welcoming the Spring Festival,” the event organizers distribute 2,000 helium-filled electronic Kongming lanterns on-site. Citizens and visitors inscribe their Spring Festival wishes and heartfelt blessings upon the lanterns, transforming intangible hopes into tangible aspirations poised to ascend into the night sky. As the lanterns flew gently and serenely, cheers, festive songs, and warm blessings resonated in unison, harmonizing with the luminous glow of the Ancient City Wall of Xiangyang and the gentle ripples of the Hanshui River—culminating in a vivid Spring Festival tableau: “Thousands of lanterns shimmering against the ancient wall; thousands of households welcoming spring together.”

A series of folk performances is also held that evening. The lion dance and the intangible cultural heritage–designated fire pot performance make a striking appearance, embodying the auspicious symbolism of “fire dispelling malevolent forces and bringing peace to every household.” Additionally, an on-site chorus comprising one thousand participants performs traditional Spring Festival songs, infusing the entire venue with festive joy.

Text by: Xiao Yumeng, Pan Ling

Photos by: Yang Dong, Li Xuhu

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

George Washington University Launch Groundbreaking Public Certification Course on Mold Illness

Published

1 day ago

on

February 14, 2026

By

United States, 14th Feb 2026 — The National Organization of Remediators and Microbial Inspectors (NORMI) is proud to announce a first-of-its-kind educational opportunity for the general public and mold professionals alike: Understanding Mold Illness: The Basics, an online course offered through The George Washington University Office of Professional Education.

This unique opportunity makes university-level education on mold illness available not only to NORMI members, but also to non-member professionals and the general public, marking a significant step forward in accessible, science-based environmental health education.

“This is the first time an internationally-renowned university has recognized the need for a mold course at this level of detail,” said Doug Hoffman, President of NORMI.  “We are excited to incorporate this offering to our clients and professionals. Dr. Heyman has done an outstanding job of making this information easy to understand and, because it is so basic, it will lay a strong foundation of understanding for both the public and the profession.”

A Foundational Course Addressing a Growing Need

Understanding Mold Illness: The Basics is a self-paced, online course designed to introduce participants to the science, health implications, and real-world challenges associated with mold exposure. The course covers:

  • Core science behind mold-related illness and inflammatory responses
  • Common symptom patterns and clinical considerations
  • Mycotoxins and environmental exposure pathways
  • Practical communication strategies for professionals and the public
  • A credible academic framework bridging health science and environmental practice

The course was developed by Dr. Andrew Heyman, Fellowship Director Integrative Medicine Program at GWU, a recognized leader in environmental and mold-related health education.

“We are so excited to be able to partner with NORMI to offer this to a profession that needs this information,” said Dr. Andrew Heyman.  “Their clients are struggling in their pursuit of legitimate, science-based information about mold illness, and this is a great start in the right direction.”

Certification Through George Washington University

Upon successful completion, participants receive a Certificate of Completion from George Washington University, adding academic credibility for professionals in mold inspection, remediation, indoor air quality, healthcare-adjacent fields, and environmental health — as well as informed consumers seeking trustworthy education.

Exclusive NORMI Public Promotion

To encourage widespread participation, NORMI is offering an exclusive promotional opportunity for public enrollment:

This offer is available to both professionals and the general public, reinforcing NORMI’s commitment to education, transparency, and raising standards across the mold and indoor environmental health industries.

Why This Matters

Mold exposure continues to affect homes, schools, workplaces, and public buildings nationwide. While mold is common, the health impacts are often misunderstood, leading to confusion, misinformation, and frustration for affected individuals.

By supporting professional education with a leading academic institution, NORMI is helping bridge the gap between science, professional practice, and public understanding — empowering individuals with credible, foundational knowledge that supports better decisions and healthier environments.

About NORMI

The National Organization of Remediators and Microbial Inspectors (NORMI) is a global leader in standards, training, and certification for mold inspectors, remediators, and indoor environmental professionals.
doug@normi.org

Media Contact

Organization: NORMI, National Organization of Remediators and Microbial Inspectors

Contact Person: Doug Hoffman

Website: https://www.normi.org/

Email: Send Email

Country:United States

Release id:41423

The post George Washington University Launch Groundbreaking Public Certification Course on Mold Illness appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us