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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.

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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

GoldRock Metal Exchange Earns BBB Accreditation, Reinforces Transparency for Precious-Metals Buyers

Published

58 minutes ago

on

July 28, 2026

By

Newport Beach, United States California, July 28th, 2026, FinanceWire

Newport Beach dealer highlights invoices before payment, insured private delivery and clear separation between dealer and IRA custodian roles

GoldRock Metal Exchange, a Newport Beach-based dealer facilitating purchases and sales of physical gold, silver, platinum and palladium, today announced that it became a BBB Accredited Business on May 4, 2026.

The company’s public BBB Business Profile gives consumers a place to review GoldRock’s business identity, address, management and accreditation status before entering a precious-metals transaction. BBB Accreditation reflects a business’s commitment to BBB Standards for Trust. It is not an endorsement, product certification or guarantee of transaction or financial outcomes.

“Trust should be verifiable before funds move,” said Beau Turner, chief executive officer of GoldRock Metal Exchange. “Clients should be able to verify the business, review the selected product and price in writing, and understand which party is responsible for delivery, retirement-account administration and custody.”

GoldRock’s public website describes separate transaction paths for direct purchases and self-directed IRA transactions. For direct purchases, the company confirms the selected product and transaction price and provides an invoice before payment. Insured private delivery is available for eligible purchases, subject to transaction and carrier terms.

For self-directed IRA transactions, GoldRock acts as the precious-metals dealer and assists with education, forms and transaction coordination. An independent custodian or trustee administers the retirement account, and qualifying metals are shipped to the secured depository selected for the account. GoldRock does not administer or custody IRAs.

The company’s process reflects a broader consumer-protection principle: pricing, fees and responsibilities should be clear before a transaction is completed. Public guidance from the Commodity Futures Trading Commission and the Financial Industry Regulatory Authority encourages physical-metals buyers to compare spot and retail prices, understand premiums, dealer spreads and fees, and obtain agreed costs and terms in writing before paying.

“BBB Accreditation adds another public checkpoint, but accreditation is only one part of earning confidence,” Turner said. “The day-to-day standard is accurate information, responsive communication and transaction terms that a client can review and understand.”

Consumers can review GoldRock’s BBB Business Profile, learn about direct purchases or review the company’s self-directed precious-metals IRA process.

ABOUT GOLDROCK METAL EXCHANGE

GoldRock Metal Exchange is a Newport Beach, California-based precious-metals dealer facilitating purchases and sales of gold, silver, platinum and palladium bullion products. The company supports direct purchases for private delivery and eligible precious-metals transactions through self-directed IRAs. GoldRock is a dealer, not an IRA custodian, trustee, tax adviser or investment adviser.

Contact

Chief Financial Officer
Blake Turner
GoldRock Metal Exchange
contact@goldrockmetalexchange.com
(888) 859-0978

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Press Release

World AI Show Concludes Landmark Indonesia Edition, Announces Next Chapter in Kuala Lumpur, Malaysia this September

Published

1 hour ago

on

July 28, 2026

By

World AI Show Indonesia wraps up with high-stakes ministerial dialogues, enterprise blueprints, and precision networking as Trescon names Kuala Lumpur the next stop for its global series, scheduled for 9–10 September 2026.

Jakarta, Indonesia, 28th July 2026, ZEX PR WIRE — The highly anticipated 47th Global Edition of World AI Show successfully concluded at the Sheraton Grand Jakarta. The premier summit gathered 1,200+ senior tech leaders, enterprise decision-makers, and innovators from across Southeast Asia to turn strategic technological conversations into concrete commercial roadmaps. Organized by Trescon, the event solidified Indonesia’s position as a dominant hub for AI execution, driving immediate commercial value across regional enterprise ecosystems.

The milestone edition was driven by powerful public-private collaboration, officially backed by Strategic Government Partners, including the Ministry of Industry | Startup For Industry (SFI) and the Ministry of Creative Economy (EKRAF), alongside key industry bodies AISII and KORIKA, and Global Innovation Partner: DTEC Dubai (Dubai Technology Entrepreneur Centre)

The summit featured an elite lineup of global tech leaders, powered by Lead Sponsor DATADOG; Platinum Sponsor Magure; Gold Sponsors Zoom, Redis, UCloud Global, PT ASIX INDONESIA CERDAS, and Akamai; Silver Sponsors Alibaba Cloud | Indonet and Datalabs | Google Cloud; alongside dedicated CXO Boardroom Partners DATADOG, Zoom, Redis, and Aerospike. Crucial cross-sector alignments were further championed by key Association Partners including KADIN JAKARTA, APDI, Starfindo, Britcham Indonesia, ISACA Indonesia, KUMPUL, Telkom University, ADIGSI, Indonesia AI Society, and Block 71 Indonesia.

The opening day delivered high-level strategic blueprints focused on commercializing AI efficiency. Addressing a packed room on the strategic imperative of advanced technologies, Muhammad Neil El Himam, Deputy for Digital and Technology Creativity at the Ministry of Creative Economy (EKRAF), delivered a compelling keynote titled “AI-Powered Creative Economy: Unlocking Indonesia’s Next Growth Engine.” Framing the technology through the lens of pop culture, El Himam stated that artificial intelligence is officially “inevitable,” asserting that the core challenge shifting for the nation is no longer about adoption, but determining who will engineer the greatest economic value from it. Citing hard data, he noted that generative AI reduces production timelines by 45% across design, writing, and video operations. Highlighting the ultimate relationship between automation and human ingenuity, El Himam remarked:

“Artificial intelligence will shape the future, but human creativity will determine its value.”

The operational complexity of AI took center stage during the panel session, “From Insight to Impact: How AI and Data Intelligence are Redefining Business Growth in Indonesia.” Leaders from banking, retail, telecom, and manufacturing explored embedding machine learning into core strategic architectures to move past dashboards and into measurable business outcomes. During the panel, Sajal Bhatnagar, Chief Digital Officer at Allo Bank, highlighted the structural paradigm shift taking place across the industry, stating:

“AI is not just for menial, administrative tasks; it is built for complexity. In credit underwriting alone, AI delivers predictive reasoning that outperforms human capabilities by 30%. We are witnessing a massive structural paradigm shift where complex responsibilities can be fully outsourced to AI, it is simply a matter of organizations being agile enough to adopt it.”

Day 2 shifted focus toward practical enterprise deployment and digital public infrastructure. Delivering a powerful keynote on “Indonesia’s Digital Tourism Journey: Building Smarter, More Connected Visitor Experiences,” Ni Made Ayu Marthini, Deputy Minister for Marketing for the Ministry of Tourism, Republic of Indonesia, addressed the inevitable shift toward an AI-driven digital economy.

She officially highlighted the market launch of “Maya”, the country’s new 24/7 intelligent AI travel companion embedded into the Indonesia travel platform. Built under strict compliance to eliminate hallucinations, Maya curates hyper-personalized itineraries for global travelers in under three seconds while acting as a command center to counter over-tourism. Highlighting the critical balance between digital speed and human-centric service, Ni Made Ayu Marthini noted:

“Whether we like it or not, AI is here. But let me be entirely clear: we will never replace the natural hospitality of Indonesia with AI. Technology is simply a brilliant tool to make our ecosystem faster, more productive, and more profitable on the global stage, while keeping human connection at the absolute center of the experience.”

The event also featured insights from other highly influential driving forces, including Lupi Trilaksono, Head of Center for Health Resource System Policy at the Ministry of Health, Republic of Indonesia; Arie Purwanto, Deputy Director of Data Science and Governance at Badan Pemeriksa Keuangan; Risma Fattahatin Muizzullah, Head of the Small and Medium Electronics and Telematics Industries Team, Ministry of Industry of the Republic of Indonesia; and Hans Christensen, Vice President at Dtec – Dubai Technology Entrepreneur Campus.

By bridging the gap between cutting-edge technical capabilities and industrial execution, the summit successfully bypassed event friction to unlock high-value face-to-face engagement. Utilizing KonfHub as the central networking highway, the platform enabled senior decision-makers to pin down closed-door discussions, fast-track partnership opportunities, and build alliances that will drive the next chapter of regional growth.

As the Indonesia edition came to a successful close, Trescon announced the highly anticipated next destination for its global AI series: the World AI Show Malaysia, scheduled to take place on 9–10 September 2026 in Kuala Lumpur, Malaysia. The upcoming Malaysian edition will look to continue the conversation on AI’s pivotal role in accelerating enterprise transformation, building sovereign cloud infrastructure, and enabling long-term digital competitiveness across the ASEAN region.

For sponsorship & partnership opportunities at the upcoming World AI Show in Malaysia, please contact Shrikanth Prabhu, Commercial Director, at prabhu@tresconglobal.com.

About Trescon

Trescon is a global business events and consulting firm specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, expos, investor connect and consulting services. For more information, visit: www.tresconglobal.com

Media Contact
Reeha Haris
PR & Media Executive
E: reeha@tresconglobal.com

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Press Release

Scandic Coin Issues Statement About BitMart Withdrawal Freeze and Lack of Funds

Published

12 hours ago

on

July 27, 2026

By

London, United Kingdom, July 27th, 2026, Chainwire

SCANDIC COIN (SNC) demands an immediate explanation from BitMart. According to SNC, a withdrawal request submitted on 26 July 2026 at 09:10:03 German time remained marked as “Processing” for more than 35 hours. At publication, 22,000 USDT and nearly 930,000 SNC had still not reached the designated wallets.

SCANDIC COIN states that timestamped screenshots document the balances, withdrawal request, amounts, date, time and continuing status. The assets are not BitMart’s property. According to SNC, they belong exclusively to its operating company, are not BitMart funds and are not locked in active trading positions.

BitMart has announced the wind-down of its trading-platform operations. In that context, a prolonged failure to release substantial company-owned assets — without a case-specific reason or reliable deadline — is unacceptable. An exchange instructing users to withdraw must demonstrate that withdrawals can actually be honoured.

The unavoidable question is: Is this a technical or compliance-related delay, or does BitMart lack sufficient liquidity, financial resources or operational capacity to honour withdrawals promptly and in full?

SCANDIC COIN is not asserting insolvency as a proven fact. But after more than 35 hours without payment or a satisfactory explanation, BitMart must dispel that concern immediately with verifiable facts.

BitMart Must Answer Immediately:

  • Why is the withdrawal still marked “Processing”?
  • Is a compliance, security or risk review pending, and are further documents required?
  • When exactly will the 22,000 USDT and nearly 930,000 SNC be released?
  • Does BitMart have sufficient liquid assets to honour all legitimate withdrawals in full?

Immediate Release or Escalation

SCANDIC COIN demands immediate release of the assets or a detailed written explanation identifying the precise legal, compliance, technical or security reason and a binding completion time. If BitMart fails to act, SNC will preserve the screenshots and account records and pursue all available legal and regulatory remedies.

Contact

Lina Brugger
Office@ScandicCoin.dev

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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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