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Platon Aims To Become The Public Infrastructute Of Privacy Computing To Open Up Business Prospects For The Crypto Space

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5 years ago

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In the Information Age, Data Becomes a New Factor of Productivity

In economics, factors of production, also known as production inputs, are essential resources for the production of goods and services. In his epochal work “Principles of Economics”, famous British economist Marshall put forward the theory of four factors of production — land, labor, capital and entrepreneurial talent. National income (NI) is the reward of four factors, and that is, national income (NI) = labor wage (w) + land rent (r) + capital interest (i) + operating profit (π). This “four-in-one formula” sums up the core of western economic production theory and distribution theory, which has been widely accepted for more than a century.

However, factors of production are a historical category that evolves with the development of economy and society. The birth and development of the Internet has changed the mode of production, life and consumption, and it promoted many important and profound changes, and played an increasingly important role in economic development, social life and national governance. The full exploitation and effective utilization of all kinds of data has raised production efficiency to an unprecedented level. Data has become an indispensable factor in economic activities and a new generation of production factors after land, energy, population and food.

Table – Production Factors at Different Stages

Privacy Brings Data Dilemma and MPC Realizes Data Collaborative Computing

Nowadays, people have already extended their social activities to the network space. Every day, people contribute data continuously to the network space. A large amount of data is collected, calculated, analyzed, excavated and this goes beyond the original data level of information value.

However, because of the plain text nature of the data, the owner loses ownership of the data once the data is granted to others for use. Therefore, to ensure the privacy protection of data, a huge amount of data managed by enterprises cannot be exchanged and co-calculated with the data held by other enterprises, which is why a large number of data cannot generate value.

The emergence of privacy computing ends this dilemma. Yao Qizhi, a member of the Chinese National Academy of Sciences, proposed secure multi-party computing (MPC) in 1982. In a nutshell, participants have to enter information to calculate an agreed function. In addition to the accuracy of the calculations, they must also protect the privacy of each participant’s input data. Specifically, there are now n participants, each of whom, xi, is aware of the xi they entered, who together calculate a pre-agreed function f (x1 ,…, xn) = y. In this way, all participants will get the final y value, but they will not be able to know the specific data entered by the other participants. Thus, with local data not aggregated and privacy not divulged, each party can still achieve a common desired result by performing the operations of the given logic.

Privacy computing opens up huge business prospects for the digital world (Crypto Space)

Bitcoin’s pioneering combination of virtual currencies and peer-to-peer payment systems open the door to decentralization. With the introduction of intelligent contract function, Ethernet has greatly improved the scalability of blockchain, and all kinds of applications can be deployed on blockchain. Because of these characteristics, early public blockchain networks such as Bitcoin and Ethernet have been developed, attracting a large number of blockchain and encryption enthusiasts in the world, and many traditional institutions have been entering the area of blockchain, exploring various possibilities of decentralization.

The combination of privacy computing and blockchain is expected to put data ownership back in the hands of data producers, meaning that vast amounts of data can be counted without affecting privacy and ownership, so that the owners can profit and data can burst out with greater value. Therefore, the blockchain project based on privacy calculation is naturally suitable for the commercial practice in the fields of financial, medical, scientific research, government affairs, and logistics and so on.

“Operator” PlatON network for blockchain data

PlatON, the representative project of the combination of privacy computing and blockchain currently, is based on the basic attribute of blockchain and is supported by privacy computing network, and provides the next generation Internet infrastructure protocol with the core characteristics of “computing interoperation”. PlatON’s vision is to become the public infrastructure for privacy computing of the next generation, publishing privacy computing algorithms through contracts, and implementing MPC protocols with data providers and computing nodes for privacy protection requirements, so as to realize cooperative computing of data. PlatON, designed to price data flows, is all about computing and data, which is the most fundamental part of future human production. PlatON can achieve large-scale application landing and commercial scenario implementation:

For example:

I. Build a wider credit collection network. The public chain that provides private computing can provide user with customizable computing logic template and multi-party access mode, and in the case that the access party’s data does not need to be collected and shared, only the credit inquiry results are output to the demander, and the original data can be encrypted and stored in the blockchain system to meet all kinds of audit needs.

II. Supply chain financial infrastructure. The public chain of private computing is based on blockchain technology and cryptography algorithm, which can provide a platform solution for supply chain finance to digitally identify, process and transfer assets. Construct a new financial financing model of supply chain in which the information of the upstream and downstream enterprises can be shared symmetrically, the credit value of the core enterprises can be transmitted, the business tickets can be split and the risk can be controlled, and provide convenient data traceability for the supervision and enhance the service efficiency of the industry as a whole.

To build the public infrastructure for the digital age, PlatON continuously optimizes technology, iterates the underlying infrastructure, and breaks through the “impossible triangle” in terms of performance. “Impossible triangle” means that it is difficult to achieve both a good “decentralization” and a good “security” of the system in a blockchain and a high “transaction processing performance” at the same time. The most well-known blockchain projects in the industry are Bitcoin, Ethernet, and EOS. At present, using native Token transfer performance test method and EOS under the same testing conditions, PlatON has achieved a comprehensive performance leader in the quasi-real environment, and will continue to focus on the data field and accelerate the construction of data market.

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.

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Press Release

i-payout Introduces a New Approach to Payments, Closing the Beneficiary Information Gap

Published

3 hours ago

on

October 6, 2026

By

Fort Lauderdale, USA, October 6th, 2026, FinanceWire

New payment delivery solution enables businesses to initiate payments with limited beneficiary information while giving recipients a secure, streamlined way to receive their funds.

International Payout Systems, Inc. (“i-payout”), a global payments technology provider, today announced a new payment delivery solution designed to modernize how businesses issue refunds, claims, reimbursements, and other payments when complete beneficiary payment information is not readily available.

Across industries including insurance, travel, e-commerce, e-sports, consumer products, and corporate services, businesses routinely encounter the same challenge: they know who needs to be paid and how much they are owed, but they may not have the banking, card, or other payment information necessary to deliver the funds.

i-payout’s Solution Changes That Process

Rather than requiring businesses to collect and maintain sensitive payment credentials before initiating a reimbursement, businesses can submit available beneficiary information, such as an email address, payment amount, and transaction or claim reference. i-payout then facilitates a secure digital payment experience that allows the beneficiary to provide the information required to receive the funds and select from available payment delivery options.

Traditional payment delivery processes can involve manual outreach, incomplete banking instructions, returned payments, and lengthy exchanges between businesses and beneficiaries. These processes increase operational costs while delaying access to funds.

Once a reimbursement is authorized, the beneficiary receives a secure notification directing them to complete the payment process by following secure, intuitive, self-guided steps.

This approach enables businesses to separate the decision to authorize a payment from the operational challenge of managing the payment delivery.

The solution is designed to support organizations managing high volumes of payments to individuals and businesses, including insurance claim reimbursements, airline and travel reimbursements, customer refunds, corporate and vendor reimbursements, and many others.

By centralizing beneficiary onboarding, payment information collection, payment-method selection, and disbursement within a single workflow, i-payout helps businesses replace fragmented reimbursement processes with scalable payment infrastructure.

Companies like Riot Games recognize that the future of reimbursements requires a more automated, seamless, and beneficiary-centric approach. Modernizing the refund process can significantly reduce the time between payment obligation and payment delivery, while eliminating many of the manual processes and operational complexities traditionally associated with issuing refunds. By leveraging an interoperable payment infrastructure, businesses can initiate reimbursements using the beneficiary information already available and allow recipients to securely complete any additional requirements and select their preferred method of payment. This creates a frictionless end-to-end process while providing beneficiaries with greater choice, convenience, and faster access to their funds.

The result is a fundamental shift in how these payments are managed: transforming what has historically been a fragmented process into a streamlined digital payment experience that benefits both the business and the beneficiary.

“The reimbursement market has historically focused on the question of how to move the money. We believe the bigger challenge starts one step earlier: How do you pay someone when you know money is owed but don’t have everything required to deliver it?” said Eddie Gonzalez, President & CEO of i-payout. “Our solution is designed to close that gap. The business tells us who needs to be paid and how much is owed. We provide the technology that enables the beneficiary to securely complete the payment journey and receive their funds.”

As consumers increasingly expect payments to be digital, fast, and convenient, reimbursement and refund experiences have often remained disconnected from the advances occurring elsewhere in payments. i-payout aims to change that.

By combining beneficiary engagement, secure information collection, payment orchestration, and global payment capabilities, i-payout is building infrastructure designed to turn reimbursement and refunds from a back-office process into a modern digital payment experience.

About i-payout

International Payout Systems, Inc. (“i-payout”) is a global payments technology company providing businesses with solutions for distributing funds to individuals and businesses across markets and payment methods. 

Its technology supports enterprise payment programs requiring recipient onboarding, payment delivery, transaction management, payment tracking and configurable disbursement workflows. 

About Riot Games

Riot Games was founded in 2006 to develop, publish, and support the most player-focused games in the world. In 2009, Riot released its debut title, League of Legends, which has gone on to be one of the most-played PC games in the world. In the years since, Riot has released VALORANT, Teamfight Tactics, Legends of Runeterra, League of Legends: Wild Rift, Riftbound and 2XKO. Riot’s titles have led to the creation of some of the most-watched and widely recognized esports in the world, culminating in events like the League of Legends World Championship, VALORANT Champions Tour (VCT) and the TFT Open, which are watched by millions of fans each year. Riot has also expanded its IP through multimedia projects across music, comic books, board games, and Arcane, its Emmy-winning animated series.  

For more information regarding i-payout’s services, please email discover@i-payout.com.

Contact

CEO
Eddie Gonzalez
International Payout Systems Inc. “i-payout”
discover@i-payout.com
954-513-3151

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Cloud PR Wire

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Press Release

New Generation of Crypto Miners Released by ASICID

Published

4 hours ago

on

October 6, 2026

By

Hong Kong, Hong Kong, October 6th, 2026, Chainwire

ASICID Inc. has released its IDMINER Series, a new lineup of cryptocurrency mining systems designed for Bitcoin, Litecoin, and Dogecoin mining.

The series includes the IDMINER HomeRack, IDMINER 2 and IDMINER 1, with configurations ranging from 1,150 TH/s to 9,600 TH/s of Bitcoin hashrate and from 350 GH/s to 3,200 GH/s of Litecoin and Dogecoin hashrate.

The three models are designed for different mining setups, from individual and home miners to professional and larger-scale operators.

IDMINER Series Specifications

IDMINER HomeRack

  • Bitcoin hashrate: 9,600 TH/s
  • Litecoin/Dogecoin hashrate: 3,200 GH/s
  • Power configuration: 4 × 1,300W
  • Estimated monthly mining revenue: up to $25,590*

IDMINER 2

  • Bitcoin hashrate: 2,400 TH/s
  • Litecoin/Dogecoin hashrate: 800 GH/s
  • Power consumption: 1,300W
  • Estimated monthly mining revenue: up to $6,390*

IDMINER 1

  • Bitcoin hashrate: 1,150 TH/s
  • Litecoin/Dogecoin hashrate: 350 GH/s
  • Power consumption: 700W
  • Estimated monthly mining revenue: up to $2,790*

*The revenue figures are estimates based on network conditions, cryptocurrency prices, and mining difficulty at the time of publication.

Designed for Simpler Deployment

The IDMINER systems are delivered pre-configured and tested before shipment. Users can connect the miner to power, connect via WiFi or Ethernet, enter their preferred mining pool information, and begin mining.

The systems support major mining pools and also provide access to ASICID’s Zero-Fee Mining Pool option.

Other features include thermal management and hardware testing before shipment.

Built for Bitcoin, Litecoin and Dogecoin Mining

ASICID develops and manufactures its mining hardware through an integrated production process that includes research and development, hardware engineering, assembly, thermal testing, and quality assurance.

The company is headquartered in Hong Kong with additional operations in the United States and serves individual miners, professional mining businesses, and institutional operators.

With the IDMINER Series, ASICID is targeting miners looking for high-hashrate hardware with straightforward deployment and power requirements suited to ongoing mining operations.

For more information about the IDMINER Series, users can visit www.asicid.com.

Contact

Peter Lam
media@asicid.com

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Press Release

Vstock Transfer Names Securities Industry Veteran Erica Goodstein General Counsel and Chief Compliance Officer

Published

4 hours ago

on

October 6, 2026

By

New York, USA, October 6th, 2026, FinanceWire

Vstock Transfer today announced that Erica Goodstein, a veteran securities attorney with over 26 years of experience, has joined the firm as General Counsel and Chief Compliance Officer. Erica joins Vstock Transfer after more than a decade as Assistant General Counsel at Equiniti and American Stock Transfer & Trust Company, LLC where she served as a lead attorney supporting the company’s legal and regulatory functions, advising executive leadership and the board on corporate strategy and risk management. Earlier in her career, she spent nearly 14 years as an attorney at Skadden, Arps, Slate, Meagher & Flom LLP, handling complex domestic and international commercial litigation and related matters spanning securities, intellectual property, bankruptcy, real estate, and corporate takeover disputes.

“Erica’s experience speaks for itself and having her lead our legal and compliance function reflects exactly where Vstock Transfer is headed,” said Seth Farbman, Chairman and Co-Founder of Vstock Transfer.

“Erica joins us at a pivotal moment,” said Yoel Goldfeder, CEO of Vstock Transfer. “While her experience will be valuable in our existing services, including SPAC and de SPAC transaction services, proxy solicitation, and annual meeting services for the issuers we serve, Erica’s background will also help us expand well beyond core transfer agency work with AI, blockchain and related corporate services. Having someone with her background gives our clients, and prospective clients, real confidence in the governance behind that growth.”

“What drew me to Vstock Transfer is the momentum,” said Goodstein. “The caliber of companies coming to this firm and the scope of services being rolled out reflect a firm that, even after fifteen years, is scaling deliberately. I am looking forward to building on the legal and compliance foundation and roadmap to match that growth.”

About Vstock Transfer

Vstock Transfer is an SEC-registered stock transfer agent providing transfer agency and corporate action services to public companies on Nasdaq, NYSE, and the OTC markets. Services include DWAC and DRS processing, dividend distributions, proxy solicitation, annual meeting support, virtual meeting hosting, as well as SPAC and de-SPAC transaction services.

Contact

Chairman
Seth Farbman
Vstock Transfer
Seth@vstocktransfer.com

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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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