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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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3 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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Leading Manufacturer of Swimming Pool Equipment, PoolKing, Makes a Splash at Canton Fair 2024

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3 hours ago

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April 25, 2024

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  • Leading manufacturer of swimming pool equipment will be exhibiting at Canton Fair between 23rd – 27th April 2024 in booth 11.2M23 and 9.1K06.
  • PoolKing will be proudly unveiling a new series of products at the exhibition

poolking exhibition

China, 25th Apr 2024, King NewsWire  – Pool King, China’s leading supplier and manufacturer of swimming pool equipment, today announces that it will be exhibiting at the upcoming Canton Fair, the largest trade fair in China, taking place in Guangzhou. 

From Tuesday 23rd April – Saturday 27th April Pool King will be presenting its most advanced swimming pool equipment technology at booth 11.2M23 and 9.1K06. During the fair, PoolKing will also proudly be unveiling a new series of products. Customers visiting the booth will have the opportunity to explore the new range of high-quality products, including swimming pool filters, pumps, lights and fittings, all renowned for superior performance, reliability and durability. 

Since 2005, PoolKing has prided itself on being a customer-centric and quality first business and has since grown to be the leading manufacturer of swimming pool equipment in China. With active customers in over 40 countries worldwide, PoolKing is a one-stop solution for all swimming pool equipment needs. PoolKing aims to take the worry out of pool ownership by developing products that are efficient, require little maintenance, and add value to your investment.

Examples of the latest technologies that PoolKing will be presenting at the fair include PoolKing’s fiberglass sand filter which uses cutting edge vacuum technology to prolong product life and reduce maintenance costs. 

Whilst at the booth, industry professionals and buyers will be able to speak to PoolKing product experts about their swimming pool equipment needs and see demonstrations of PoolKing products. 

In addition to showcasing its product lineup, PoolKing will also be offering insights into emerging trends and technologies shaping the swimming pool industry. Visitors can engage with PoolKing’s knowledgeable team members to learn about the latest advancements and best practices in pool maintenance, water treatment, and sustainability.

Representing one of the grandest events on the global trade calendar, Canton Fair is China’s oldest and largest trade fair, attracting buyers from all over the world. It is an optimal platform for PoolKing to showcase its products and expertise on a global stage, and the team look forward to strengthening existing partnerships, forging new connections, and exploring opportunities for growth and expansion in global markets.

poolking

Sandy, Pool King’s foreign trade manager, said: “We are delighted to be exhibiting at the Canton Spring Fair once again. It is an honour to be attending such a prestigious event, and we look forward to showcasing PoolKing’s latest series of products and connecting with new and old industry stakeholder contacts. 

Canton Fair is a premier platform for international trade and collaboration, offering us a valuable opportunity to engage with visitors from all over the world and demonstrate the quality and versatility of PoolKing products”.

Notes to editors

For more information, or to speak to a spokesperson, please get in touch using the following contact details:

Website: https://www.poolking.co/

Contact: Sandy

Telephone: +86-13922334815

Email: [email protected]

About PoolKing 

POOLKING is one of the largest professional manufacturers of water filtration equipment in China. It has a professional and intelligent production base of 60,000 square meters located in Guangzhou and Taishan.

Since 2005, PoolKing has been manufacturing advanced technology filtration equipment worldwide, helping clients enjoy the fun of swimming pools. With quality at the heart of everything, PoolKing manufactures equipment for swimming pools, spas, aquatic centers, water parks, aquaculture, public aquariums, water features and water treatment projects .

Poolking embraces “quality comes from technology” as the basic concept of business management, insisting on continuous innovation, and placing customer needs at the core of the company’s operation. PoolKing is dedicated to realizing its commitment to customers with accurate data design, strict quality control and fast after-sales service. 

Poolking’s products quality enjoys a worldwide reputation for providing a clean and high-quality water environment for a large number of famous projects at home and abroad.

Media Contact

Organization: PoolKing

Contact Person: Sandy

Website: https://www.poolking.co/

Email: Send Email

Country: China

Release Id: 25042411400

The post Leading Manufacturer of Swimming Pool Equipment, PoolKing, Makes a Splash at Canton Fair 2024 appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Golden Horizon Advisors LLC: Empowering Investments, Streamlining Business

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3 hours ago

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April 25, 2024

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United States, 25th Apr 2024, King NewsWire – Golden Horizon Advisors LLC, a leading consulting firm, announces its commitment to empowering investments and streamlining business operations through a unique blend of advertising and technical solutions. The firm specializes in fundamental and technical analysis for financial and business sectors, providing comprehensive services to a wide range of clients, from stock market enthusiasts to cryptocurrency investors.

Owned by John Sbicca, Golden Horizon Advisors LLC is dedicated to offering advanced consulting services designed to help clients navigate the complexities of the financial world and optimize their business strategies. The firm’s expert team is equipped to assist with stocks, commodities, cryptocurrencies, and other investment instruments, ensuring clients are well-informed and strategically positioned.

Beyond investment advice, Golden Horizon Advisors LLC offers a suite of business consulting services, focusing on automation, technical solutions, and operational efficiency. The firm aims to bridge the gap between complex technology and everyday business needs, helping clients streamline their operations and achieve long-term success.

“We believe in providing our clients with the tools and knowledge they need to succeed in today’s fast-paced financial and business landscapes,” said John Sbicca, owner of Golden Horizon Advisors LLC. “Our comprehensive approach ensures that we can meet the diverse needs of our clients, whether they’re seasoned investors or entrepreneurs looking to build successful businesses.”

Golden Horizon Advisors LLC is dedicated to delivering results-driven solutions that empower clients to make informed decisions and grow their ventures. With a focus on innovation and customer satisfaction, the firm continues to set new standards in the consulting industry.

For more information about Golden Horizon Advisors LLC and its services, please visit https://goldenhorizonadvisors.com or contact (800) 287-3751.

About Golden Horizon Advisors LLC:
Golden Horizon Advisors LLC is a comprehensive consulting firm specializing in advertising and technical solutions for the financial and business sectors. The company offers a unique blend of expertise in fundamental and technical analysis for stocks, commodities, and cryptocurrencies, as well as business consulting for automation and technology solutions. Owned by John Sbicca, the firm is committed to empowering investments and streamlining business operations.

Contact: Media Department
Phone: (800) 287-3751
Email: [email protected]
Website: https://goldenhorizonadvisors.com 

Media Contact

Organization: Golden Horizon Advisors LLC

Contact Person: Media Department

Website: https://goldenhorizonadvisors.com

Email: Send Email

Address: Golden Horizon Advisors LLC 4300 Ridgecrest Dr SE Suite L #917 Rio Rancho, NM 87124

Country: United States

Release Id: 25042411402

The post Golden Horizon Advisors LLC: Empowering Investments, Streamlining Business appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Local Ohio Travel Agency, Chima Travel, Announces Record Growth Years After The Covid Pandemic

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3 hours ago

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April 25, 2024

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Chima Travel, a prominent Ohio travel agency founded in 1918, recently celebrated its significant team expansion and a century of service. The agency has doubled its leisure team after experiencing remarkable growth post-COVID. They have expanded their outreach beyond Columbus and Cincinnati, aiming to serve travelers nationwide. Additionally, Chima Travel launched a podcast during the pandemic to continue aiding travelers. The agency, having endured historical crises like the Great Depression and 9/11, continues to customize stress-free travel experiences for its clients.

Fairlawn, Ohio, United States, 25th Apr 2024 – Chima Travel, Ohio’s leading travel agency, today announced the celebration of its expansion.

Since its founding in 1918, Chima Travel has been helping would-be travelers plan their trips across the planet. Throughout the Company’s history, it has been the undisputed leader of travel in the region. Chima Travel is thrilled to announce a significant expansion of their leisure team, doubling in size following a period of remarkable growth. This resurgence comes after the challenges posed by the COVID pandemic, marking a new era of prosperity and opportunity for the agency. Recently, they’ve announced a renewed goal of helping travelers across the Columbus and Cincinnati areas, with a further goal of helping travelers across the United States. 

During the COVID pandemic, Chima Travel continued their goal of helping travelers plan their trips with the launch of their brand new podcast, “The Travel Agents”.

Brian Chima, CEO of Chima Travel, said: “Chima Travel’s 100 year history is one of consistent care for our clients and determination to be a staple in our community. Our latest expansion allows us to serve the community better, and make those travel dreams come true. We expect the team to continue to grow, and look forward to serving the greater Ohio region for years to come. Today, we are one of Ohio’s fastest growing independent travel agencies, and hope to attract clients from all over the United States.”

Looking to Travel in 2024 & 2025?

Chima Travel has been helping clients plan their dream vacations since 1918. Over the company’s 100 years of business, they’ve had to endure the Great Depression, 9/11 and the Covid Pandemic. All of which have seen many travel agencies close their doors. At Chima Travel, the travel agency prioritizes the customer’s vision for their trip, carefully curating an experience that fits the traveler’s goals. Whether it be cruises, all inclusive vacations, flights, or touring, Chima Travel is where travelers go to remove the stress of planning their vacations. 

Media Contact

Organization: Chima Travel

Contact Person: William Lee

Website: https://chima.travel/

Email: Send Email

Contact Number: +13308674770

Address: 55 Merz Blvd

City: Fairlawn

State: Ohio

Country: United States

Release Id: 25042411412

The post Local Ohio Travel Agency, Chima Travel, Announces Record Growth Years After The Covid Pandemic appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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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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