Press Release

Platon: To create a new digital civilization by Protecting CryptoArts

Published

5 years ago

May 25, 2021

CryptoArts, a new favorite in the digital age

Recently, a NFT painting of digital artist Beeple was sold for $69.34 million, setting a record price for cryptoart. Earlier, Dorsey, the CEO of twitter, transferred his first tweet as a NFT, with the price of about $2.9 million. The birth of these high-priced works of art has pushed the cryptoart into the artistic field，which has been changing people’s traditional cognition and empirical judgement of art. So what is NFT? Is NFT valuable?

NFT (non-homogeneous token) is also a kind of cryptocurrency asset, which relying on the blockchain network behind it. The holding information of these assets can be recorded in the blockchain. Different from bitcoin and Ethereum, each NFT is unique, so it is not for exchange, like basic commodity purchase or other basic transactions money. However, because of that NFT assets can’t be copied, works of art or collections can be transferred on the blockchain network as the unique cryptocurrency asset. For example, if you successfully register as a password artist on the NFT trading platform, your uploaded works of art can also become a NFT asset. The process of becoming a NFT can be regarded as “coinage”, and then by aggregating into blocks to become the unique token asset on the blockchain.

All along, the biggest attribute of art is uniqueness and irreplaceable, which coincides with the essence of NFT. In the traditional art market, artworks are repeatedly sold at high prices, which is unmatched by any other industry. At present, cryptoart is the most powerful growth area in the digital collection market.

Perfect combination of encryption technology and artistic value

Although NFT assets are unique and irreplaceable, and can exist in different forms and contents, their essence is still token. Token itself has no intrinsic value. Only when it is placed on the value system of the real world, can it be endowed with specific meanings.

When we buy a NFT, it actually means that we buy a “digital certificate” representing the ownership and authenticity, that is, we get a unique password generated by blockchain technology. For example, if you buy a painting in the art field, what others see is only a copy of the digital picture, while the buyer has the only original copy of the whole network. This work has been authenticated by blockchain technology, and has a digital signature that cannot be copied, so that buyers can confirm the uniqueness of their collection. The underlying logic is the consensus mechanism based on the network computing power of blockchain. For the cryptoart, this network flow based consensus is important. Through effective mechanisms to improve consensus, let more people know about the works, and by exposure and auction, or artists’ appearance on public media, can achieve “value-capture”, thus increasing the collection value and transaction price of works.

In this process, encryption and privacy protection technology play a key role. For a cryptoart, the owner should have both the ownership and the right to use. Currently, we only protects the ownership, but fails to protect the right to use. If the owner of a work puts a cryptoart on display in the gallery, the owner can get a share of the income from the exhibition, and only with the authorization of the owner, can the art work be fully displayed. Only in this way can the right to use of cryptoart be more effectively protected, which is what PlatOn’s privacy computing has been working for.

The privacy token contract of PlatOn can achieve the purpose of hiding identity through zero knowledge proof algorithm. Zero knowledge proof is to make the verifier believe that one has some knowledge or ability without providing any useful information to others, so as to protect the cryptoart. In addition, digital assets need to be taxed in the future, which also involves the trade of ownership. Token’s Rosetta privacy AI framework improves the efficiency of MPC (multi-party secure computing) and provides strong support for digital asset trading.

Platon’s Alaya scheme, Protecting the cryptoart

As a global blockchain leader, PlatOn, with its rich experience in the field of privacy protection, can help the digital identification and asset digitization of traditional works of art and even real estate, and help traditional assets become indelible and unchangeable . PlatOn launched the meta network Alaya scheme on October 24 last year. The scheme is based on distributed storage system, with globally distributed nodes, and is linked in the form of NFT. It supports the subsequent change of ownership of digital assets through cooperative transfer, so as to protect cryptoart and built a new digital civilization.

In addition, in the main network release of PlatOn is launched in last month, NFT transfer is also used for voting on the chain, and NFT badges in the main network community will be sent to all voting participants. It can be seen that PlatOn’s exploration on NFT privacy protection has been in the field including the cryptoart, community souvenirs, voting and so on, which will light the dawn of new digital civilization.

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

OSL Lists State-Supervised Gold-Backed Stablecoin USDKG as Platform Expands Asia’s Digital Asset Ecosystem

Published

13 hours ago

May 22, 2026

Cloud PR Wire

HONG KONG – USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic, today announced its official listing on OSL HK, the Hong Kong-licensed digital asset exchange of global stablecoin payment and trading platform OSL Group. The milestone marks a significant step for the state-supervised, asset-backed digital currency as it enters one of the world’s most established licensed virtual asset markets.

Link: https://www.osl.com/hk-en/announcement/new-listing-on-osl-hk-gold-dollar-usdkg

Pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading pair USDKG/USDT is now available to professional investors across OSL HK’s over-the-counter (OTC) platform.

The listing of USDKG aligns with OSL’s commitment to contribute to the development of a secure and compliant digital asset ecosystem in Asia and beyond. It also expands USDKG’s reach into new markets through a regulated platform aligned with institutional standards, supporting its use in cross-border settlement and broader financial applications.

Jason Liu, Global Exchange COO of OSL, said: “OSL is dedicated to providing investors with access to regulated, innovative assets. The listing of USDKG not only enriches OSL’s product offerings for the market, but also strengthens its compliant stablecoin ecosystem, as the introduction of a state-backed, compliant digital asset further underscores OSL’s credibility and leadership within the industry.”

Biibolot Mamytov, CEO of Gold Dollar (USDKG), said: “This listing represents an important milestone for USDKG as we enter one of the most established and highly regulated digital asset markets globally. Hong Kong is widely regarded as the gold standard for digital asset regulation, and working with OSL reflects our focus on transparency, gold-backed reserves, and institutional-grade infrastructure.”

About USDKG

USDKG is issued by OJSC Virtual Asset Issuer, a state-owned entity under Kyrgyzstan’s Ministry of Finance, with an initial issuance of $50 million backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with smart contract audits conducted by ConsenSys Diligence.

The token is already accessible through decentralized exchanges, including Curve and Uniswap, and supported by major wallets such as Ledger Live, MetaMask, Trust Wallet, and TronLink. The stablecoin is fully compliant with FATF KYC/AML standards and is designed to facilitate financial inclusion and efficient cross-border value transfer.

With this listing, Kyrgyzstan continues to position itself as a regional first-mover in regulated, asset-backed digital currencies, bridging traditional finance and blockchain infrastructure while maintaining full sovereign oversight and public accountability.

About OSL Group

OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide. For media inquiries, please contact: media@osl.com.

Social Links

GitHub: https://github.com/USDkg/USDkg

X: https://x.com/USDKG_Official

LinedIn: https://www.linkedin.com/company/usdkg/

Media Contact

Brand: USDKG

Contact: William Campbell

Email: business@usdkg.com

Website: https://www.usdkg.com

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Press Release

General Compute Launches the First ASIC-Native Neocloud

Published

14 hours ago

May 22, 2026

Cloud PR Wire

General Compute has opened its production inference cluster to developers building agent applications, running SambaNova SN40 and SN50 dataflow silicon that posts the fastest independently benchmarked speeds on the MiniMax M2.7 model family.

San Francisco, California, United States, 22nd May 2026 – General Compute today announced the general availability of General Compute Cloud, the first ASIC-native neocloud purpose-built for the next generation of autonomous AI development tools. Where existing neoclouds rack incumbent GPUs, General Compute has designed its serving stack around its inference-optimized ASICs.

Unlike traditional cloud platforms designed around human operators clicking through dashboards, General Compute Cloud is also the first major cloud to treat AI agents as first-class users. Coding agents can complete the entire onboarding flow themselves, creating an account, claiming the launch credit, and retrieving a working API key, without requiring a developer to step in. The result: a developer can ask their AI agent to “switch its inference to General Compute,” and minutes later be looking at running infrastructure they never had to provision by hand.

Agentic workloads issue dozens or hundreds of model calls per task, which means even small per-token gains compound into dramatic differences in developer experience and unit economics. By optimizing the silicon, runtime, and API surface for inference rather than retrofitting general-purpose accelerators, General Compute aims to push down both first-token latency and sustained token throughput on the open and frontier models developers use most.

Agent-native signup is supported out of the box. When invoked through OpenCode, OpenClaw, or any compatible client, the agent can complete account creation, verify the workspace, claim launch credit, and return a scoped API key back to the developer’s environment — turning what was historically a multi-step onboarding into a single natural-language instruction.

“Our goal is simple: we want General Compute to be the fastest inference provider on the market, and we want to ship the fastest inference API any developer or AI agent can call,” said Jason Goodison, CTO and co-founder of General Compute. “Optimizing the silicon is how we get there. The $200 in launch credit is our way of inviting builders, and their agents, to put us up against anyone else and see the numbers for themselves.”

General Compute Cloud is available immediately to customers globally at generalcompute.com. The launch credit is automatically applied to new accounts created between May 20 and May 27, 2026. OpenCode and OpenClaw users can begin a General Compute session directly from within their agent by asking it to “sign me up for GeneralCompute.com”

About General Compute

General Compute is the first ASIC-native neocloud, building custom inference silicon and the cloud platform that runs on it. The company’s stated goal is to operate the fastest inference provider and the fastest inference API for AI agents and the developers who deploy them. Founded in 2025 and headquartered in San Francisco, General Compute is backed by leading technology investors. Learn more at generalcompute.com.

Media Contact

Organization: General Compute Inc

Contact Person: Jason Goodison

Website: https://generalcompute.com

Email:
jason@generalcompute.com

Contact Number: +14257537666

Address:440 North Barranca Avenue

City: Covina

State: California

Country:United States

Release id:45346

The post General Compute Launches the First ASIC-Native Neocloud 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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Press Release

Post Oak Group Reports Middle Market Emerging as the Strong Segment of 2026 M&A

Published

14 hours ago

May 22, 2026

Cloud PR Wire

Post Oak Group, recently named the Top Middle-Market Investment Bank in Texas, is reporting a meaningful acceleration in transaction activity across the middle market

Houston, Texas, United States, 22nd May 2026 – As broader M&A markets continue to navigate shifting macroeconomic conditions, interest rate normalization, and evolving buyer behavior, the middle market has emerged as the strongest and most active segment of dealmaking in 2026. Post Oak Group, recently named the Top Middle-Market Investment Bank in Texas, is reporting a meaningful acceleration in transaction activity across the middle market, a trend the firm sees as reshaping the broader M&A landscape heading into the second half of the year.

While large-cap M&A has remained selective and mega-deal volume has been uneven, the middle market is demonstrating a level of consistency, resilience, and deal momentum that distinguishes it as the most reliable segment of the 2026 cycle. Founders, family-owned businesses, sponsor-backed companies, and institutional buyers are all returning to the table with renewed conviction, driving a broad-based resurgence in middle-market deal activity.

Post Oak Group, a leading middle-market investment bank headquartered in Houston, Texas, attributes this strength to several converging dynamics:

A Narrowing Bid-Ask Spread

After two years of valuation disconnects between buyers and sellers, expectations are aligning. Sellers have adjusted to the current rate environment, and buyers, particularly private equity, family offices, and strategic acquirers, are showing increased willingness to transact at levels that work for both sides. This is one of the most significant unlocks for middle-market deal flow in 2026.

Renewed Buyer Appetite Across Multiple Channels

Private equity firms with record levels of dry powder are deploying capital aggressively into the middle market, where competition for high-quality assets remains intense but more rational than during the 2021 peak. At the same time, family offices have emerged as a dominant force, often outcompeting traditional sponsors on founder-led deals where cultural fit, longer hold periods, and operational alignment matter as much as price.

Strategic Acquirers Returning to the Table

Corporate buyers are increasingly active in the middle market as they pursue tuck-in acquisitions, sector consolidation, and capability-driven deals. With many large public companies focused on disciplined growth, the middle market has become a primary source of strategic optionality.

Sector Breadth Driving Sustained Activity

Unlike prior cycles concentrated in a handful of sectors, 2026 middle-market activity is broad-based, spanning industrial services, healthcare services, energy transition, business services, technology-enabled services, and consumer-driven verticals. This diversification is one of the key reasons the segment is proving more durable than the broader M&A market.

A Shift Toward Quality and Certainty

Buyers and sellers alike are placing a premium on certainty to close, disciplined diligence, and well-prepared processes. This favors middle-market transactions, where senior-led advisory, structured execution, and relationship-driven dealmaking continue to outperform.

As the Top Middle-Market Investment Bank in Texas, Post Oak Group has been at the center of this resurgence, advising founders, shareholders, and institutional clients across complex M&A and capital markets transactions throughout 2026. The firm’s partner-led model, institutional-grade execution, and deep sector coverage have positioned it as a trusted advisor in a market environment where preparation, precision, and process integrity are more important than ever.

“The middle market has consistently demonstrated its ability to perform across cycles, and 2026 is proving to be one of its strongest years in recent memory,” said David Chua, Managing Partner of Mergers & Acquisitions at Post Oak Group. “We are seeing renewed confidence from buyers, recalibrated expectations from sellers, and a meaningful expansion in transaction activity across nearly every sector we cover.”

“What makes this cycle different is the breadth of activity,” Chua added. “Founders are coming to market with stronger businesses, sponsors are deploying capital with greater discipline, and strategic acquirers are returning in force. The middle market is where most of the meaningful dealmaking is happening right now, and we expect that momentum to continue through the back half of the year.”

About Post Oak Group

The Post Oak Group is a prominent middle-market investment bank headquartered in Houston, Texas. As the Top Middle-Market Investment Bank in Texas, the firm advises founders, shareholders, and institutional investors across M&A advisory and capital markets transactions. With approximately 300 professionals, a leadership team representing more than 250 years of combined investment banking experience, and more than $82 billion in completed transactions across 12 countries, Post Oak Group combines institutional-quality execution with senior-led, partner-driven engagement across industrial services, healthcare, energy, business services, technology-enabled services, and consumer sectors.

Media Contact

Organization: Post Oak Group

Contact Person: Alexander Treistman

Website: https://www.postoakgroup.co/

Email:
info@postoakgroup.co

City: Houston

State: Texas

Country:United States

Release id:45345

The post Post Oak Group Reports Middle Market Emerging as the Strong Segment of 2026 M&A 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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