Press Release
Decentralized And Fully Open-Source Project PlatON Aims To Construct New Generation Financial Infrastructure
In recent years, with rapid development of 5G, Internet of Things, cloud computing and other technologies, the whole society has been evolving and upgrading on the road of informationization, digitization and intelligentization, and the data has become the key factor in the production process. As the value of data resources is gradually recognized, the demand for data circulation and sharing is increasing.
Although entities such as platform enterprises can set up algorithm analysis teams, use crawlers and terminal equipment and other technologies to obtain external data and process the same, provide relevant data to the outside world or provide data services, and overcome their own development problems in a centralized processing mode, from the perspective of the whole society, the data that can be acquired and processed by the centralized processing mode is still limited. The current digital infrastructure cannot meet the urgent needs for data transaction and sharing. Moreover, the inherent protection policy of trade secrets in the industry and the concerns of government departments on security interests restrict the maximum use of data value.
The emergence of blockchain and privacy computing technology provides guarantee and incentive for protecting data privacy and promoting data sharing transactions, and is gradually disrupting the traditional centralized governance model, creating the possibility for building a “decentralized” digital infrastructure.
“Decentralization” Reform And Development Trend In The Financial Field
The financial industry depends on big data, and its essence is in effective allocation of resources on the basis of mutual trust. As the traditional financial system is based on the centralized mode, it is highly dependent on intermediaries such as banks and arbitrators such as courts, which makes the market transaction cost high and the system efficiency low. It requires a lot of paperwork and it is difficult to manage vouchers. Introducing blockchain technology into the financial industry will break through the traditional centralized capital transaction mode and build a scattered and decentralized financial service system, which is called distributed finance (Defi).
Defi is not bound by central financial intermediaries such as banks, exchanges and brokerage companies, and uses blockchain intelligent contracts, which can specify in advance how to deal with all possible disputes and eliminate the necessity of third-party arbitrators, thereby reducing the provision and use of intermediary services and reducing transaction costs within the system. Compared with the traditional financial system, Defi transactions are smoother, and the financial services it provides will not be affected by a single point of failure.
Although Defi has many advantages in technology and business model, its development still faces many challenges. Security, as the first element of financial infrastructure, is also an unavoidable topic in Defi development. Within the financial system, the underlying network carries the transaction flow and payment settlement, while the vast amount of data flowing on nodes is related to customer privacy and trade secrets. In addition to that, whether it is institutional coordination and financial supervision in the short term or profit sharing in the future financial scenario, it is necessary to make a trade-off between data sharing and protection. All these cannot be separated from the escort of private computing technology.
Exploration Of PlatON In Constructing Financial Infrastructure
As a global leader in blockchain + privacy computing, PlatON will provide public infrastructure services under the open-source architecture for global AI and distributed application developers, data providers and various communities, institutions and individuals with computing needs through a new generation of private computing architecture consisting of verifiable computing, secure multi-party computing, zero-knowledge proof and homomorphic encryption.
At present, PlatON technology application scenarios have been extended to credit reporting, payment and clearing, key management and other fields. Facing the future all-digital era, one of PlatON’s core strategies is to explore possible paths for building a new generation of financial infrastructure by relying on privacy computing and its technical endowment, so as to promote large-scale transaction services and liquidity governance of data assets. To this end, PlatON officially launched the meta-network Alaya in October 2020. As the prototype network and “business sandbox” of PlatON’s new generation financial infrastructure, Alaya is committed to becoming the “pioneering demonstration area” of the next generation privacy computing and data asset computing infrastructure in the world.
PlatON is also a decentralized and fully open-source project, and anyone who is willing to support its development can contribute and get rewards. Recently, PlatON launched Hackathon activity on DoraHacks developer platform Hackerlink and set up a bonus pool of 170,000 US dollars, aiming at encouraging developers to emerge new inspiration and create new value, and further enriching the ecological application of PlatON and its meta-network Alaya around the private AI computing network. This activity was officially launched on July 21st and is expected to last until the end of September. The idea is tested on the Alaya development and test network or main network to continuously verify the completeness of the basic functions of the network. PlatON welcomes developers from all over the world to submit blockchain projects based on Alaya network to build a secure and credible digital infrastructure.
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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.
Press Release
AI Quantitative Trading and Artificial Intelligence Promotion Conference to be Held in Johannesburg
With the rapid development and deepening application of artificial intelligence technology, South Africa’s financial market is facing unprecedented opportunities. In response, the AI Quantitative Trading and Artificial Intelligence Promotion Conference, jointly organized by the South African Financial Regulatory Commission and SBG Securities, will be grandly held on March 29, 2025, at the WESTIN Hotel & Resort in Johannesburg.
This prestigious event will bring together top capital investors and senior leaders from various financial institutions, making it an important platform for boosting capital activity in the South African financial market. The conference aims to enhance South Africa’s influence in the global financial sector and further solidify its position as a regional financial hub.
The conference will be hosted by David Hodnett, a senior economic analyst at SBG Securities, who will lead attendees in an in-depth discussion on the current state and future of AI quantitative trading. AI-powered quantitative trading is no longer a nascent technology in the financial market but is gradually evolving into a mainstream investment strategy. Leveraging big data analysis and machine learning, quantitative trading provides more precise predictions and execution capabilities, significantly improving market efficiency.
A highlight of the event is the special invitation extended to Elon Musk, a pioneer in artificial intelligence, to attend and deliver a keynote speech. His presence will undoubtedly add immense value to the conference, as his remarkable achievements in technology and deep insights into the future of AI will provide attendees with new perspectives and inspire further innovation.
The conference will also focus on the practical applications of artificial intelligence in financial markets, including its advantages in risk management, trading strategy formulation, and portfolio optimization. As AI technology continues to mature, traditional financial market trading is expected to undergo a transformative shift. Attendees will gain valuable insights into AI’s future trends and how South Africa can seize opportunities in this evolving landscape.
We cordially invite financial professionals, investors, and industry elites with a keen interest in artificial intelligence to join us for this momentous occasion. Together, let’s explore how AI technology can propel the South African financial market to new heights.
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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.
Bangalore, January 20, 2025 – The Golden Mongkhon 2025, India’s premier Muay Thai championship, wrapped up with roaring success at St. Benedict’s Academy, Bangalore, from January 16 to 19. The event showcased the very best of Indian Muay Thai, with 75 fighters from across the nation delivering electrifying performances.
A Platform for Champions
The tournament featured fighters from all age groups and weight categories, highlighting the immense talent within India’s Muay Thai community. Among the standout performers:
- Fahad Zeban (Kolkata), a two-time title belt holder (2024 and 2025), wowed the audience with his precision and power.
- Mezan ur Rehman Khan (Kolkata) impressed with his technical prowess and aggressive style.
- Sumanth P (Karnataka) created history by winning the title belt for the third consecutive year (2023, 2024, and 2025), cementing his legacy in Indian Muay Thai.
Young fighter Sushil (aged 11), waiting for his round to begin, that won the hearts of all audineces.
The event wasn’t just about the seasoned fighters. Young talents like Ryan Immanuel, Ryan Samuel (twins), Sushil, and Nalan and Nikalyan Raj (twins) stole the show in the kids’ division with their exceptional skills, captivating the audience with their confidence and charisma.
Electric Atmosphere and Seamless Execution
The venue saw nearly 300 spectators, including families, coaches, and martial arts enthusiasts, who filled the arena with passionate cheers. Fighters were even given quirky nicknames by the crowd, reflecting their unique fighting styles and personalities.
One of the event’s highlights was the seamless execution by the organizers. Even when the ring sustained minor damage during an intense bout, the issue was resolved swiftly in just 30 minutes, allowing the event to proceed without delay. During this time, the crowd enjoyed a quick tea break, ensuring everyone remained engaged and energized for the remaining matches.
Praise from Coaches
The event received accolades from participating coaches, particularly those from Kolkata and Tamil Nadu, who applauded the efficient scheduling and smooth operations.
“Normally, our fighters have to endure long waits before their bouts, which can be mentally draining. But here, everything ran like clockwork. The fights started and ended on time, giving fighters ample time to recover, celebrate their wins, and interact with others,” shared coach Lionel from Kolkata.
A Vision for the Future
Golden Mongkhon team with some of the Bengaulru Fighters
The brainchild behind Golden Mongkhon, Hemanth Kumar, an official with the World Muay Thai Federation, expressed his happiness with the event’s success. “This year’s Golden Mongkhon highlighted the immense potential of Indian fighters. My goal is to elevate this brand to the international level by organizing professional events that rival global standards,” he said.
Hemanth also revealed plans to expand the event into a professional league later this year, with details to be announced soon.
A Celebration of Muay Thai
Golden Mongkhon 2025 was not just a competition—it was a celebration of talent, discipline, and community. With fighters like Thirubalachandran, India’s first Muay Thai world champion, setting the stage for inspiration, the event showcased the bright future of Indian Muay Thai.
As the event concluded, the fighters and coaches left not only with medals but also with memories, camaraderie, and the promise of even bigger things to come. With its growing success, Golden Mongkhon is on track to become a global phenomenon, putting India on the Muay Thai map.
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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.
Press Release
KTS Finance Introduces Its Official App to Transform Insurance and Investment Management
GlobePRWire / January 21, 2025, KTS Finance, established in 2018 by Ermal Kopani, proudly announces the launch of its groundbreaking official application. Designed to simplify the management of insurance policies and investment products, the app offers customers a faster, more transparent, and self-sufficient experience.
With just a few clicks, users can purchase insurance and investment products through the app’s intuitive interface. The platform allows real-time tracking of requests, personalized quote generation, and regular updates. Accessible on both smartphones and computers, the app provides a seamless, round-the-clock financial management solution.
Simplified Financial Operations for Customers
The new app serves as a comprehensive tool for efficiently managing financial needs. From purchasing policies to tracking applications and receiving timely notifications, the platform enhances convenience and clarity for users.
“This app is a testament to our dedication to innovation and customer satisfaction,” said Ermal Kopani, founder of KTS Finance. “Our mission is to simplify complex processes with secure and efficient solutions tailored to modern financial demands.”
Empowering Collaborators with Advanced Tools
The app isn’t just built for customers—it also includes advanced features for KTS Finance collaborators. It streamlines operations with centralized policy management, planning and analysis tools, and integrated communication systems. By automating routine tasks and providing real-time insights, the app enables collaborators to focus on delivering exceptional service.
This dual-purpose design creates a unified and efficient financial ecosystem that benefits both users and internal teams.
A Secure and Scalable Platform
The KTS Finance app is designed to meet the needs of a wide range of users, from individuals to large enterprises. Its scalable architecture allows it to handle operations of varying sizes and complexities, ensuring flexibility for personal use, small businesses, and large organizations.
To ensure data security, the app employs cutting-edge encryption technology and strict access controls. Users can confidently manage their financial information, knowing the platform adheres to industry-leading security and compliance standards.
A Forward-Thinking Solution for the Digital Era
With the launch of its official app, KTS Finance reinforces its position as a leader in the insurance and financial sectors. The platform underscores the company’s commitment to innovation, addressing the evolving demands of an increasingly connected world.
Key features of the KTS Finance app include:
- Quick Transactions: Effortlessly purchase insurance and investment products.
- Real-Time Updates: Track the status of requests instantly.
- Personalized Quotes: Generate custom quotes independently.
- 24/7 Access: Manage finances anytime, anywhere on smartphones or computers.
- Collaborator Tools: Advanced features for policy management, performance analysis, and internal communication.
- Scalability: Suitable for individuals, small businesses, and large enterprises.
- Data Security: High-level encryption and compliance with industry regulations.
About KTS Finance
Founded in 2018 by Ermal Kopani, KTS Finance specializes in insurance and investment products, delivering secure and innovative solutions for modern financial management. With a strong commitment to customer satisfaction and technological advancement, KTS Finance continues to reshape the industry.
For more information about the app and its features, visit the KTS Finance website or download the app today.
SOURCE: KTS Finance
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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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