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

Published

4 years ago

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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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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.

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Press Release

The Grok Potato Experiment: 24-7 Autonomous Cultivation

Published

5 hours ago

on

January 21, 2026

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Valencia, Spain, 21st Jan 2026 – Solanum (also referred to as Grok Potato) is a live, continuous experiment in autonomous plant cultivation designed to test whether an AI system can responsibly manage a living biological process over time. 

용기, 음식, 트레이, 플라스틱이(가) 표시된 사진 AI 생성 콘텐츠는 정확하지 않을 수 있습니다.

The project places Grok in full control of an indoor grow environment, where it observes the plant through a live camera feed and receives environmental data such as temperature and humidity. Based on this real time input, Grok evaluates plant condition, determines whether intervention is required, and issues command to a Raspberry Pi that directly controls grow lights and irrigation hardware. Once activated, the system operates without human intervention or scheduled overrides, forming a closed loop feedback system in which observation, decision making, and physical action are handled autonomously. 

The experiment is intentionally simple focused on a potato (Solanum tuberosum), a resilient and well studied crop often used in space agriculture research to make system behavior and outcomes easy to observe and evaluate. All activity runs 24/7, allowing continuous monitoring of how the AI responds to changing conditions, early growth signals, and periods where restraint is preferable to action. Solanum is not a simulation or advisory tool, but a real-world test of AI autonomy at the intersection of software, hardware, and biology.

Learn more at : https://solanum.live/

Media Contact

Organization: Solanum

Contact Person: Paul

Website: https://solanum.live/

Email: Send Email

City: Valencia

Country:Spain

Release id:40368

The post The Grok Potato Experiment: 24-7 Autonomous Cultivation 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

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Andreas Demetriades and Co LLC Provides Legal Services for Property Purchases in Cyprus

Published

6 hours ago

on

January 21, 2026

By

Recognition in Real Estate & Construction Practice Reflects Firm’s Continued Excellence and Team Achievement

Paphos, Cyprus, 21st Jan 2026 – Andreas Demetriades & Co LLC, a leading law firm specializing in real estate and immigration law, announces its elevated tier ranking in The Legal 500 EMEA 2025 edition. This prestigious recognition represents a significant advancement in the firm’s Real Estate & Construction practice area ranking.

The Legal 500, one of the world’s most comprehensive legal directories, conducts rigorous independent research to identify the leading law firms and lawyers across 150 jurisdictions. This higher tier ranking underscores Andreas Demetriades & Co LLC’s consistent delivery of exceptional legal services and its strengthened position in the EMEA legal market.

“While this achievement reflects our firm’s unwavering commitment to excellence, it fundamentally celebrates the exceptional team that drives our success,” said Demetris Demetriades, Managing Partner at Andreas Demetriades & Co LLC and Head of Investments. “Our talented and dedicated professionals are the cornerstone of our practice, and their collective expertise and collaborative approach have been instrumental in achieving this recognition.”

The firm’s advancement in The Legal 500 rankings comes as Andreas Demetriades & Co LLC continues to handle complex real estate transactions and construction matters for a diverse portfolio of domestic and international clients. The firm’s deep sector expertise and client-focused approach have established it as a trusted advisor in the Cyprus legal market.

About Andreas Demetriades & Co LLC 

Andreas Demetriades & Co LLC is a full-service law firm based in Cyprus, with particular expertise in Real Estate & Immigration law. The firm is committed to delivering innovative legal solutions while maintaining the highest standards of professional excellence.

Media Contact

Organization: Andreas Demetriades & Co LLC

Contact Person: Demetris Demetriades

Website: https://www.demetriadeslaw.com/

Email: Send Email

Address:Tryfonos Court, Nikolaou I. Nikolaidi Ave 16-3rd Floor, Paphos 8010

City: Paphos

Country:Cyprus

Release id:33003

The post Andreas Demetriades and Co LLC Provides Legal Services for Property Purchases in Cyprus 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

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Cloud PR Wire

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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.

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Press Release

Andreas Demetriades and Co LLC Provides Legal Services for Property Purchases in Cyprus

Published

6 hours ago

on

January 21, 2026

By

Recognition in Real Estate & Construction Practice Reflects Firm’s Continued Excellence and Team Achievement

Paphos, Cyprus, 21st Jan 2026 – Andreas Demetriades & Co LLC, a leading law firm specializing in real estate and immigration law, announces its elevated tier ranking in The Legal 500 EMEA 2025 edition. This prestigious recognition represents a significant advancement in the firm’s Real Estate & Construction practice area ranking.

The Legal 500, one of the world’s most comprehensive legal directories, conducts rigorous independent research to identify the leading law firms and lawyers across 150 jurisdictions. This higher tier ranking underscores Andreas Demetriades & Co LLC’s consistent delivery of exceptional legal services and its strengthened position in the EMEA legal market.

“While this achievement reflects our firm’s unwavering commitment to excellence, it fundamentally celebrates the exceptional team that drives our success,” said Demetris Demetriades, Managing Partner at Andreas Demetriades & Co LLC and Head of Investments. “Our talented and dedicated professionals are the cornerstone of our practice, and their collective expertise and collaborative approach have been instrumental in achieving this recognition.”

The firm’s advancement in The Legal 500 rankings comes as Andreas Demetriades & Co LLC continues to handle complex real estate transactions and construction matters for a diverse portfolio of domestic and international clients. The firm’s deep sector expertise and client-focused approach have established it as a trusted advisor in the Cyprus legal market.

About Andreas Demetriades & Co LLC 

Andreas Demetriades & Co LLC is a full-service law firm based in Cyprus, with particular expertise in Real Estate & Immigration law. The firm is committed to delivering innovative legal solutions while maintaining the highest standards of professional excellence.

Media Contact

Organization: Andreas Demetriades & Co LLC

Contact Person: Demetris Demetriades

Website: https://www.demetriadeslaw.com/

Email: Send Email

Address:Tryfonos Court, Nikolaou I. Nikolaidi Ave 16-3rd Floor, Paphos 8010

City: Paphos

Country:Cyprus

Release id:33003

The post Andreas Demetriades and Co LLC Provides Legal Services for Property Purchases in Cyprus 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

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About Author

Cloud PR Wire

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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.

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