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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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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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Press Release

Spread Joy this Holiday Season with PQ.Hosting: Join Our Charity Campaign and Win a MacBook Air!

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Chisinau, Moldova —

PQ.Hosting, a global leader in high performance hosting solutions, is pleased to announce a special charity campaign. This initiative supports orphanages and offers participants the chance to win incredible prizes, including a MacBook Air 13.

The holiday season is time for family, festivities and heartfelt wishes. However, for many children in orphanages, these cherished traditions can feel out of reach. PQ.Hosting has long supported orphanages and is now calling on its clients to join this meaningful cause. Together with our clients, we can bring holiday magic to children in need.

How to Participate in the Charity Campaign?

Joining the campaign is simple and rewarding:

  • Order or Extend a Hosting Plan: PQ.Hosting will donate 10% of clients payments to orphanages
  • Enter the Prize Giveaway: Follow four easy steps to qualify for amazing prizes.

Join the Celebration: Win Exciting Prizes with PQ.Hosting

This holiday season, PQ.Hosting offers clients an opportunity to win amazing prizes, including:

  • iPhone 16 Pro Max
  • 3 Gaming Accessories Sets
  • €50 Account Balance
  • Gaming Chair
  • Smart Speaker
  • 1 Year of Free VPS Hosting
  • 3 Months of Dedicated Server Usage
  • 1-Year VPN Subscription
  • Exclusive PQ.Hosting Merch
  • 10 Telegram Premium Subscriptions for 1 Year
  • Grand Prize: MacBook Air 13

Visit our website for more details!

Key Dates

Campaign Period: From 18th December 2024 to 29th December 2024 (11:59 PM UTC+3).

Winners Announcemeign is our way of ending the year on a heartfelt and impactful note,” said Ivan Neculiti, CEO of PQ.Hosting. “We invite everyone to join us in spreading joy and embracing the true essence of the holiday season.”

Media Contact

Organization: PQ.Hosting

Contact Person: Stella

Website: https://pq.hosting/en/

Email: social@pq.hosting

About PQ.Hosting

Founded in 2019, PQ.Hosting has earned a reputation for delivering high-performance VPS/VDS, dedicated servers, VPN, proxy and SSL certificates to over 150,000 clients worldwide. With a network spanning 42 countries and speeds up to 10 Gbps, PQ.Hosting continues to set industry benchmarks for speed, reliability and customer service.

Don’t miss this chance to make a difference and win amazing prizes. Together let’s make this holiday season unforgettable!

nt30th December 2024 during a live broadcast on our YouTube Channel.

Together We Can Create Holiday Magic

“Our 2024 journey has been extraordinary, with milestones that reflect growth and success. This campaign

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Press Release

Vietnam Set to Welcome Nearly 16 Million International Tourists by End of 2024

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Vietnam’s tourism sector is on track for a remarkable year, with nearly 16 million international visitors expected by the end of 2024, marking a significant rebound and growth in the industry.

According to the latest data from the Vietnam National Administration of Tourism, the total number of international arrivals reached approximately 15.84 million during the first eleven months of 2024, reflecting a 41% increase compared to the previous year. In November alone, Vietnam welcomed 1.71 million international tourists, a 20.5% rise from October and a staggering 38.8% increase from November 2023.

Market Growth and Major Source Markets

The growth in international visitors has been predominantly driven by travelers from Asia, who account for nearly 80% of all arrivals. Major source markets include South Korea, China, Taiwan, Japan, the United States, India, Malaysia, Cambodia, Australia, and Thailand. Notably, South Korea leads the way with over 4.13 million visitors, marking a 128.3% increase compared to the previous year, while China follows closely with 3.3 million visitors, a significant 222% rise.

European markets are also contributing to this growth, with the United Kingdom being the top source, sending over 279,000 tourists, followed by France, Germany, and Russia.

Mr. Phan Trong Thang, Director of Metta Voyage, commented, “Vietnam is on the rise, being chosen in the region for its freshness compared to Thailand, Indonesia or Singapore, its diverse and affordable cuisine, and the many newly opened direct flights at reasonable costs.”

Positive Trends Across Various Markets

Several countries have seen remarkable increases in visitor numbers compared to the previous month, including Poland (up 238%), Italy (up 88%), and Norway (up 66%). This upward trajectory highlights Vietnam’s increasing appeal as a tourist destination.

Mr. Nguyen Cuong Bach, Deputy Director of Metta Voyage, added, “High-end travelers are choosing Vietnam tour packages for its diverse experiences from North to South, the availability of new premium products, and the dedicated service of the Vietnamese people.”

Diverse Tourist Arrivals

Arrivals via air travel remain the most popular, with over 1.4 million international guests flying into the country. This trend underscores the importance of enhancing air connectivity to sustain growth in Vietnam tourism.

Conclusion

With a predicted total of 17 to 18 million international visitors by the end of 2024, Vietnam’s tourism industry is poised for a successful year. The country’s rich cultural heritage, stunning landscapes, and diverse experiences continue to attract travelers from around the globe.

Company Name: Metta Voyage Co., Ltd

Content Person: Nguyen Cuong Bach 

Contact Email: bach@mettavoyage.com

City: Hanoi

State: Hanoi, Vietnam

Website is: https://mettavoyage.com

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ReelDAO Joins NVIDIA Developer Program: Revolutionizing the Short Film Industry with AI and Blockchain

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ReelDAO, a pioneering decentralized platform dedicated to transforming the short film industry, has officially joined the NVIDIA Developer Program. This collaboration marks a significant step in ReelDAO’s mission to harness generative AI and blockchain technologies, empowering creators and reshaping content creation and distribution worldwide.

“We are thrilled to join the NVIDIA Developer Program,” said the founder of ReelDAO. “This partnership will accelerate our technological innovation, particularly in AI-powered creation tools and Web3 decentralization.”

Empowering Short Film Creation with AI

ReelDAO’s proprietary VisionaryAI engine, enhanced by NVIDIA’s technological support, is poised to redefine the industry:

  • Intelligent Scriptwriting: Leveraging NVIDIA AI for seamless narrative construction.
  • Dynamic Video Production: Accelerating rendering speeds and improving visual quality with GPU-optimized tools.
  • Real-Time Effects: Delivering Hollywood-level special effects to independent creators at reduced costs.

Blockchain and AI Synergy

As the first Web3-powered short film platform, ReelDAO integrates blockchain technology to decentralize content creation, distribution, and revenue management. With NVIDIA’s support, ReelDAO is enhancing smart contract optimization and distributed computing, further solidifying its industry leadership.

Through the native RDO token, creators can access AI tools, participate in governance through voting, and enjoy equitable revenue sharing, fostering a community-driven ecosystem.

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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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