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“Data Island” Problem Can Be Solved by Combining Privacy Computing AI and Blockchain Technology

Published

4 years ago

on

Platon Now Offers Breakthrough Solutions to Break the “Data Island” and Release the Value Potential

During the COVID-19 pandemic, medical networking services developed rapidly, and big data played a key role in the development. In the medical industry, new medical models and cutting-edge research also require a large number of patient data to verify. However, due to the lack of effective privacy protection, data cannot be shared, resulting in the “data island” phenomenon, which has become a big problem to be solved. At the same time, the widespread use of medical big data also triggered the issue of privacy leaks and data abuse, and raised social concerns about data security and privacy protection.

These problems exist not only in the medical industry, but also in other industries. Citing the protection of trade secrets and refusing to trade their own data, government departments are also reluctant to share data because of security, interests, technology, and other concerns. This exacerbates the “data Island” problem, which restricts the maximization of data value.

In the current data market, users produce new online data every day, but they do not own the data. Data is held in the hands of each independent collector, resulting in the compartmentalization of data ownership, which is referred to as “data Island.” The lack of data privacy protection and sharing mechanism is the main obstacle for data authentication.

Blockchain provides an opportunity for data validation. Blockchain is a distributed ledger technology designed to realize transaction accounting through the joint participation of multi-nodes, and each node account is complete and cannot be tampered with. This helps in integrating users into the three-party governing account for insusceptible and uninterrupted data production, data monopoly and data use.

Through node authorization, the final data income is shared among the parties in proportion to realizing the sharing of data ownership. Although transaction information is shared in this process, account information is highly encrypted. Therefore, zero-knowledge proof is an effective strategy to protect the privacy of accounts. Zero-knowledge proof is to make the verifier believe that he has certain knowledge or ability without providing any useful information to the verifier, for example, to realize the asset transfer without disclosing user identity.

Blockchain technology can be widely used in equipment authentication, communication encryption and other areas to provide a strong support for breaking the “data island” and promoting data transactions.

Privacy computing brings solutions

The realization of data sharing transaction and potential value release happens on the value chain of “property right confirmation – privacy protection – co-computing – value sharing.” The scheme, which is widely accepted by finance and blockchain industry, is based on the solution combining privacy computing and AI, which is a new way to solve security problems such as key management, by integrating multiple cryptography algorithms with frontier blockchain technology. Public chain PlatOn is the pioneer that set a precedence of multi-party secure computing (MPC) and other cryptographic algorithms into the key management system (KMS), which realizes the management of massive scale digital assets through cryptography, thereby effectively resolving the contradiction between data privacy protection, right ownership and data sharing, and improving the value and efficiency of data. The technology can be used in future scenarios such as digital wallets and inter-agency transactions.

PlatON has focused on the combination of privacy computing and big data AI. The open-sourced, community-based, blockchain ecosystem recently launched Tensorflow, the world’s first privacy AI framework that supports mainstream in-depth learning. PlatON’s series of innovative practices have provided an observable way to solve the problem of “data island” and data asset transaction.

Thanks to its rich industry experience, PlatON can fix the impasse and step forward. It is reported that PlatON’s core founding team has more than 15 years of experience in finance and communications, and strong software implementation capability too. These are exactly what the foundation for PlatON is built on to continuously and effectively promote R&D investment and business practice. At present, PlatON is focusing on R&D and solving the problem of data sharing step by step in the engineering and business world. Currently, PlatON’s leading network, Alaya, is focused on the financial sector, where data is highly standardized and financial institutions have a strong desire to address data privacy concerns.

PlatON’s Future Vision: Building a Data Transaction Infrastructure

PlatON has become a global leader in the field of privacy-protected computing. With the accumulation of finance and AI, PlatON has reached strategic cooperation with HashQuark, Keystore, HashKey Hub and other well-known platforms in the industry to jointly promote the implementation and application of cutting-edge technologies, such as KeyShard, so as to realize the new digital assets custody service in the world and better protect the security of digital assets.

PlatON’s vision is to build a peer-to-peer computing network that integrates verifiable computing, privacy computing, scalable computing, and dedicated computing hardware to provide open-source public infrastructure software development, consulting, and operational services to developers, data providers, as well as various communities, organizations, and individuals with computing needs around the world, and ultimately to support mass data asset transactions.

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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

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

Published

17 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Cloud PR Wire

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

Published

17 hours ago

on

November 23, 2024

By

DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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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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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

18 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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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