Press Release
Decentralized And Fully Open-Source Project PlatON Aims To Construct New Generation Financial Infrastructure
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.
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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.
Press Release
CaoCao Inc. Enters Unmanned Road Testing Phase – Marking a Milestone in Robotaxi Capabilities
Hongzhou, China, 2nd Apr 2026 – On April 1, CaoCao Inc. announced that it had obtained approval from the relevant regulatory authorities, becoming the first enterprise in Hangzhou authorized to conduct unmanned road testing of Robotaxis. This marks a milestone breakthrough in CaoCao’s Robotaxi technological capabilities and ushers in a new phase of unmanned operations.
The Company’s Robotaxi transformation has been fully accelerated. As the most critical commercial vehicle for Robotaxi under Geely Holding Group, the Company has become one of the few global technology mobility platforms equipped with full Robotaxi capabilities by leveraging its three-in-one development strategy of “intelligent purpose-built vehicles + intelligent driving technology + intelligent operations”. In December 2025, the Company unveiled its Robotaxi 2.0 solution and rolled out its second-generation Robotaxi vehicles to explore the transition from safety drivers in the driver’s seat to fully unmanned operations.
Currently, the scale of CaoCao’s Robotaxi fleet deployed in Hangzhou has reached over 100 vehicles, and the Company plans to further expand the fleet size and operating areas. Meanwhile, the Company has launched the world’s first Green Intelligent Mobility Hub in Hangzhou, which integrates automated battery swapping, automated cleaning, in-vehicle tidying, intelligent dispatching and automated settlement, providing efficient operational support for the Robotaxi fleet. In addition, the “CaoCao Smart Mobility RAS remote safety service platform” has been put into operation, which will undertake real-time remote assistance and full-process safety monitoring, further enhancing passenger safety and travel experience during Robotaxi operations.
In 2026, the Company plans to gradually expand to more domestic cities, while exploring the development of Robotaxi business in Hong Kong and deploying Robotaxis in international markets. The Company will apply its proven platform operations, intelligent dispatching and asset management capabilities matured in the Chinese market to international markets, and rapidly replicate its business model in suitable markets with the support of Geely Holding Group’s global network.
Going forward, CaoCao will continue to work closely with Geely Holding Group to accelerate the development of fully purpose-built Robotaxi vehicles, which are scheduled to debut this year. The Company plans to deploy a total of 100,000 vehicles by 2030 and launch commercial operations globally.
Media Contact
Organization: Caocao Inc.
Contact Person: Jing Liu
Website: http://caocao.com.cn
Email: Send Email
City: Hongzhou
Country:China
Release id:43550
The post CaoCao Inc. Enters Unmanned Road Testing Phase – Marking a Milestone in Robotaxi Capabilities 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
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.
JOHANNESBURG, SOUTH AFRICA – April 02, 2026 – Following a landmark Supreme Court of Appeal (SCA) ruling and aggressive new directives from the National Gambling Board (NGB), the South African online gambling landscape has experienced its most dramatic shift in a decade. With local bookmakers now strictly barred from offering fixed-odds bets on casino games like roulette, a widespread regulatory “grey area” has been abruptly closed off. For thousands of South African players, this means their go-to platforms are rapidly changing, leaving a wave of confusion in their wake.
In response to this severe market disruption, SouthAfricanCasinos.co.za, the country’s leading independent casino review portal, has released a comprehensive 2026 guide. This resource is designed to help players navigate the transition, identify secure offshore platforms, and safely test new digital environments without financial risk.
The End of the Sportsbook “Grey Area”
The October 2025 SCA ruling clarified that, under provincial gambling acts, it is strictly unlawful for sports betting operators to offer casino-style games disguised as fixed-odds contingencies. The NGB has since doubled down in early 2026, issuing formal notices to Provincial Licensing Authorities to clamp down on the use of Remote Gambling Servers (RGS) for unauthorised casino games.
“The days of playing roulette or blackjack on your local sports betting app are coming to a hard stop,” a spokesperson for SouthAfricanCasinos.co.za stated. “Regulators are actively cleaning house. While this ensures operators stick to their licensed verticals, it forces casino enthusiasts to seek out dedicated, internationally licensed platforms that cater securely to the South African market. Our priority right now is ensuring players don’t end up on rogue, unregulated sites out of desperation.”
Testing Unfamiliar Platforms with a No Deposit Bonus
Because players are now migrating to completely unfamiliar platforms, SouthAfricanCasinos.co.za is advising consumers to heavily utilise operator promotions to thoroughly vet a site’s software, user interface, and overall reliability before committing a single Rand of their own funds.
The single most effective tool for navigating this transition safely is the no deposit bonus. By claiming this specific promotion, players are credited with bonus funds simply for registering and verifying a new account. This acts as a risk-free sandbox environment. It allows South Africans to fully experience the mechanics of a new casino, test the responsiveness of the platform on their mobile devices, and verify that the site seamlessly handles Rand transactions. It also provides an opportunity to interact with the customer support team to gauge their helpfulness before making a financial commitment.
Maximising Value and Exploring Game Libraries with Free Spins
While live table games were the primary target of the recent legal disputes, digital real moeny slot games remain a massive draw for the South African audience. To safely explore the thousands of slot variations available on dedicated casino platforms, SouthAfricanCasinos.co.za highlights the strategic use of free spins.
These promotional spins allow players to test out the latest titles from top-tier global software providers without dipping into their bankroll. It provides a highly effective, risk-free method to understand a specific game’s volatility, explore its bonus round mechanics, and observe its payout frequency.
Understanding Bonus Terms and Wagering Requirements
While promotional offers provide excellent testing grounds, SouthAfricanCasinos.co.za urges players to understand the mechanics behind them. A no deposit bonus or a package of free spins is rarely just “free money”; they are subject to specific terms and conditions designed to protect the casino.
The most critical factor to look for is the wagering requirement (or playthrough requirement), which dictates how many times a player must bet the bonus amount before they can withdraw any associated winnings. SouthAfricanCasinos.co.za actively screens and highlights platforms that offer transparent, realistic wagering requirements and fair maximum cash-out limits, ensuring players have a genuine chance of converting their promotional play into real-world funds.
The Importance of Localised Payment Gateways
As players move away from local bookmakers, finding international casinos that accommodate the South African banking system is paramount. Many offshore sites lack the infrastructure to process local currency seamlessly, leading to high conversion fees and delayed payouts.
SouthAfricanCasinos.co.za specifically targets and recommends platforms that not only accept the South African Rand but also integrate trusted local payment gateways. This includes support for SID Instant EFT, traditional bank transfers via major SA banks (like FNB, Standard Bank, and Capitec), and popular e-wallets. Ensuring these systems are in place guarantees that players can deposit and withdraw their funds securely, rapidly, and without hidden conversion costs.
About SouthAfricanCasinos.co.za (SAC)
As the premier destination for local online gamblers, SouthAfricanCasinos.co.za (SAC) provides an indispensable service by rigorously testing and ranking best online casinos tailored specifically for the South African market. SAC offers players in-depth, unbiased reviews, exclusive promotional codes, and comprehensive guides on safe gambling practices.
Every platform recommended by SAC undergoes a strict vetting process to ensure it supports Rands, offers localised payment methods, and provides robust security measures. By partnering directly with top-tier operators, SAC secures exclusive deals that give local players the highest possible value when joining a new site.
A Commitment to Player Security in 2026
As the NGB continues to enforce strict compliance across the country, the separation between sports betting and casino gaming will only grow wider. SouthAfricanCasinos.co.za remains committed to continuously auditing the market, updating its recommended lists daily to reflect the safest, most lucrative, and most transparent platforms available to local players during this period of industry upheaval.
For more information on the shifting regulatory landscape, or to access the latest vetted platforms offering high-value promotional deals, visit SouthAfricanCasinos.co.za.
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.
Press Release
CaoCao Inc. Enters Unmanned Road Testing Phase – Marking a Milestone in Robotaxi Capabilities
Hongzhou, China, 2nd Apr 2026 – On April 1, CaoCao Inc. announced that it had obtained approval from the relevant regulatory authorities, becoming the first enterprise in Hangzhou authorized to conduct unmanned road testing of Robotaxis. This marks a milestone breakthrough in CaoCao’s Robotaxi technological capabilities and ushers in a new phase of unmanned operations.
The Company’s Robotaxi transformation has been fully accelerated. As the most critical commercial vehicle for Robotaxi under Geely Holding Group, the Company has become one of the few global technology mobility platforms equipped with full Robotaxi capabilities by leveraging its three-in-one development strategy of “intelligent purpose-built vehicles + intelligent driving technology + intelligent operations”. In December 2025, the Company unveiled its Robotaxi 2.0 solution and rolled out its second-generation Robotaxi vehicles to explore the transition from safety drivers in the driver’s seat to fully unmanned operations.
Currently, the scale of CaoCao’s Robotaxi fleet deployed in Hangzhou has reached over 100 vehicles, and the Company plans to further expand the fleet size and operating areas. Meanwhile, the Company has launched the world’s first Green Intelligent Mobility Hub in Hangzhou, which integrates automated battery swapping, automated cleaning, in-vehicle tidying, intelligent dispatching and automated settlement, providing efficient operational support for the Robotaxi fleet. In addition, the “CaoCao Smart Mobility RAS remote safety service platform” has been put into operation, which will undertake real-time remote assistance and full-process safety monitoring, further enhancing passenger safety and travel experience during Robotaxi operations.
In 2026, the Company plans to gradually expand to more domestic cities, while exploring the development of Robotaxi business in Hong Kong and deploying Robotaxis in international markets. The Company will apply its proven platform operations, intelligent dispatching and asset management capabilities matured in the Chinese market to international markets, and rapidly replicate its business model in suitable markets with the support of Geely Holding Group’s global network.
Going forward, CaoCao will continue to work closely with Geely Holding Group to accelerate the development of fully purpose-built Robotaxi vehicles, which are scheduled to debut this year. The Company plans to deploy a total of 100,000 vehicles by 2030 and launch commercial operations globally.
Media Contact
Organization: Caocao Inc.
Contact Person: Jing Liu
Website: http://caocao.com.cn
Email: Send Email
City: Hongzhou
Country:China
Release id:43550
The post CaoCao Inc. Enters Unmanned Road Testing Phase – Marking a Milestone in Robotaxi Capabilities 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
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.
CaoCao Inc. Enters Unmanned Road Testing Phase – Marking a Milestone in Robotaxi Capabilities
Navigating South Africa’s 2026 iGaming Shakeup
CaoCao Inc. Enters Unmanned Road Testing Phase – Marking a Milestone in Robotaxi Capabilities
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