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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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6 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

QuickBooks Online or Enterprise? A Practical Guide for Growing Businesses

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2 hours ago

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November 5, 2026

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Brandon, MB, November 5, 2026, ZEX PR WIRE — For many businesses, the decision to move from QuickBooks Enterprise or Desktop to QuickBooks Online is no longer a question of whether cloud technology is available. The more important question is whether a migration will genuinely improve operations, reporting, and long-term scalability.

According to QuickBooks data specialists at QBRP, businesses often assume that moving to the cloud is automatically the best option. In reality, the right choice depends on factors such as data volume, workflow complexity, inventory requirements, reporting needs, third-party integrations, and the organization’s reliance on historical accounting records.

“Cloud solutions offer significant advantages, but they’re not the ideal fit for every company,” said a QBRP spokesperson. “The goal should be choosing the platform that best supports the business, not simply following industry trends.”

When QuickBooks Online Makes Sense

For many growing organizations, QuickBooks Online offers benefits that can improve flexibility and accessibility. Because the system is cloud-based, authorized users can access accounting data from multiple locations without relying on local servers or remote desktop connections.

A migration to QuickBooks Online may be a strong fit when businesses:

  • Need anytime, anywhere access to financial data
  • Support remote or distributed teams
  • Rely on cloud-based applications and integrations
  • Want automatic software updates and reduced IT maintenance
  • Require simplified collaboration with accountants and advisors

For service-based businesses and organizations with relatively straightforward accounting processes, these advantages can often outweigh the costs and complexities of migration.

For manufacturers, distributors, wholesalers, and businesses managing sophisticated inventory processes, Enterprise frequently provides capabilities that may be difficult or costly to replicate in an online environment.

The Hidden Challenge: Data Conversion

One of the most overlooked aspects of migration is the handling of historical data.

Not every QuickBooks Enterprise feature converts perfectly to QuickBooks Online. Depending on file size, transaction history, custom configurations, and reporting structures, businesses may encounter differences in how data appears after conversion.

Questions that should be evaluated before migration include:

  • How much historical data needs to be retained?
  • Will inventory records convert accurately?
  • Are custom reports critical to daily operations?
  • Which integrations must continue functioning after migration?
  • Will users require workflow changes or retraining?

Without a thorough assessment, organizations risk discovering critical limitations only after the migration is complete.

A Business Decision, Not Just a Technology Decision

The most successful migrations occur when businesses evaluate operational requirements before evaluating software features. QuickBooks Online can deliver meaningful benefits for many organizations, but Enterprise continues to serve as the better long-term platform for others.

Rather than approaching the decision as “Desktop versus Cloud,” QBRP recommends assessing how the accounting system supports day-to-day operations, future growth plans, reporting requirements, and data-management objectives.

For businesses considering a move from Enterprise to Online, a professional migration assessment can help identify potential risks, evaluate conversion readiness, and determine whether migration will provide measurable business value or whether remaining on Enterprise is the more strategic choice.

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/

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Cloud PR Wire

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Press Release

Before AI Can Help, Your QuickBooks Data Must Be Trusted

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2 hours ago

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November 5, 2026

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Brandon, MB, November 5, 2026, ZEX PR WIRE — As artificial intelligence becomes increasingly embedded in accounting software, many businesses are discovering faster ways to categorize transactions, reconcile accounts, generate reports, and uncover financial insights. Yet amid the excitement surrounding AI-driven bookkeeping, one critical question is often overlooked: what happens to years of carefully maintained accounting history when a business changes platforms, upgrades systems, or restructures its accounting workflow?

Recent enhancements across QuickBooks Online continue to expand the role of AI in everyday bookkeeping. Intuit’s latest updates include AI-powered reconciliation tools, enhanced transaction matching, automated categorization assistance, and intelligent reporting capabilities designed to reduce manual effort while improving efficiency. According to Intuit, newer AI-assisted reconciliation features can significantly accelerate the reconciliation process while maintaining user oversight.

While these capabilities offer substantial productivity benefits, accounting professionals caution that AI is only as valuable as the financial history supporting it.

“Businesses often focus on what AI can do today without considering the value of the accounting data they’ve accumulated over the last five, ten, or even twenty years,” said a spokesperson for QuickBooks Repair Pro. “Historical accounting records are not simply archives. They provide context, audit support, trend analysis, tax documentation, and the financial intelligence that helps organizations make informed decisions.”

As more organizations migrate from desktop accounting environments to cloud-based platforms or integrate AI-assisted workflows, questions surrounding historical data preservation are becoming increasingly important. Financial records frequently contain years of customer transactions, vendor histories, inventory records, payroll information, reconciliations, attachments, and audit trails that may not transfer perfectly between systems.

The challenge is particularly relevant as AI tools increasingly rely on historical patterns to improve categorization accuracy and identify anomalies. Intuit’s recent product updates emphasize smarter transaction matching, confidence-based categorization suggestions, and enhanced reporting insights driven by existing accounting data.

For many organizations, preserving accounting history is no longer merely a recordkeeping exercise. Historical financial data often serves as the foundation for forecasting models, budgeting decisions, cash flow analysis, and AI-driven recommendations. A successful modernization strategy therefore requires balancing innovation with responsible data stewardship.

As AI continues reshaping bookkeeping workflows, businesses that protect and properly migrate their historical accounting records will be better positioned to take full advantage of emerging automation technologies while maintaining the financial continuity their operations depend on.

 

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/

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Cloud PR Wire

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Press Release

Think Before You Click Rebuild: 10 QuickBooks Problems That Require Expert Help

Published

2 hours ago

on

November 5, 2026

By

Brandon, MB, November 5, 2026, ZEX PR WIRE — When QuickBooks problems appear, many business owners assume a Verify Data, Rebuild Data, or quick online fix will solve the issue. Sometimes that’s true. But certain warning signs point to deeper data corruption that can worsen if users continue making changes to the file.

As QuickBooks company files grow larger and more complex, issues such as unexplained balance-sheet differences, failed rebuilds, inaccessible files, damaged transactions, negative inventory, and unsuccessful conversions can threaten the integrity of years of financial history.

According to QuickBooks Repair Pro, the biggest risk is not the initial problem itself, but the well-intentioned attempts to repair it without fully understanding the underlying cause.

“The question isn’t whether a file has a problem. The question is whether the problem is safe to troubleshoot,” said a QuickBooks Repair Pro spokesperson. “Once reports stop matching, transactions become damaged, or QuickBooks repair tools fail repeatedly, businesses should focus on protecting their data rather than experimenting with additional fixes.”

Among the most serious red flags are balance sheets that no longer balance, recurring reconciliation discrepancies, negative inventory issues that keep returning, severe performance degradation, corrupted transactions, failed data conversions, and company files that suddenly refuse to open.

In many cases, these symptoms indicate deeper structural issues within the company file that routine troubleshooting cannot resolve. Continuing to enter transactions, rebuild data repeatedly, or manually adjust balances can make diagnosis and recovery significantly more difficult.

QuickBooks Repair Pro advises businesses to think of QuickBooks issues in two categories: problems that affect software behavior and problems that affect data integrity. While software issues can often be resolved through updates and standard troubleshooting, data-integrity issues require a more cautious approach because historical financial records may be at risk.

As accounting data becomes increasingly valuable for reporting, compliance, forecasting, and business decision-making, knowing when to stop troubleshooting can be just as important as knowing how to troubleshoot.

 

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/

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.

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