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PlatON Privacy Computing: Addressing The Fundamentals of Enterprise’s Survival and Development in the Information Age

Published

3 years ago

on

The good times for the world’s tech giants are over. America’s four tech giants, Google, Apple, Amazon and Facebook, are facing one of the toughest antitrust investigations in the history of the Internet. The State Administration for Market Supervision also points to the monopolistic behavior of these Internet platforms. A global anti-monopoly tide is surging and the effects can be felt in the field of science and technology and the Internet.

According to incomplete statistics, in the past four years, large-scale technology enterprises have encountered anti-monopoly investigations and disputes in 17 countries and regions, with a total of 84 cases. Google had the most, with 27, followed by Amazon and Apple, with 22 each, and followed by Facebook, with 13 investigations against them. Google alone has paid more than $9 billion over the past three years in antitrust penalties imposed by the European Union. China’s anti-monopoly campaign also began in 2021. In April, State Administration for Market Supervision fined Alibaba 18.228 billion yuan, which is 4% of Alibaba’s sales (455.712 billion yuan) in China in 2019. It is the largest antitrust fine in Chinese history.

The global situation is no different. The development of the entire Internet is moving towards regional separation and even getting gradually disconnected. At the same time, corporations and governments are reaching agreements exceptionally and coincidentally in regards to the antitrust issues. Emerging-market economies, in particular, are getting increasingly aware that the potential monopolies of tech giants undermine markets and fair trade.

Privacy Protection Is Becoming An Important Factor In Antitrust Enforcement

With the continuous development of digital economy, two areas of privacy protection and anti-monopoly began to cross and merge. In terms of the impact of antitrust on privacy protection, competition pressures, including privacy protection, companies might be pushed to strengthen privacy protection, but opening up competitive data elements could weaken privacy protection. On the other hand, considering the influence of privacy on antitrust, privacy protection can enhance the competitive vitality of digital economy, especially in non-price dimensions, but privacy protection may restrict the competitive factors, such as the opening and sharing of data.

Much of the behavior of Internet platforms is data behavior, resulting in competition, privacy, security and other issues. Digital platform has become a new driving force of economic growth, but due to the asymmetric collection and use of user data information, “algorithm discrimination” is a matter of concern for many.

Privacy Computing Power Has Become The Core Of Industrial Long-Term Development

Under the situation of tight global data supervision, the difficulty of data acquisition restricts the business development of the demander, and the enterprise needs to provide the solution for safe data flow. How to take into account the data availability and privacy security protection, realize the massive data flow while protecting the data privacy security, and prevent the sensitive information leakage, has become the industry’s core concern. The existing data privacy protection schemes mainly aim at the protection of static data, focus on the relatively isolated application scenarios and technical points, and propose solutions to the specific problems in the given application scenarios, but fail to protect the data in calculation and analysis.

Privacy computing can solve the problem of data security in the process of dynamic use and sharing of data, and realize that data can be invisible when using and value can be mobile without leaking data out, and information between multi-services can be shared safely and in compliance.

PlatON: A New Generation Of Privacy Computing Platform

PlatON’s mission is to provide the next generation of Internet-based protocols with the core feature of “computing interoperability”, based on the basic properties of the blockchain and supported by the privacy computing network. PlatON’s privacy AI open-source framework Rosetta aims to make it possible for engineers in the big data and AI fields to use all kinds of privacy computing technologies without any barriers, while categorizing different privacy requirements from the perspective of data privacy and supporting the most cost-effective privacy computing algorithms. For example, the user who is sensitive to the data content, can carry on the irreversible anonymous protection through the encryption means. If the user is strict to the data protection request, it may consider scarifying the convenience and realizing the omni-directional anonymity.

The results of PlatON’s privacy computing are slowly coming to market, with the company’s privacy Token contract officially opening source in 2021, it aims at helping eco-developers and partners hide information about both parties in their products and PlatON through the privacy Token contract standard. Exploring how to combine privacy protection technology with AI, many mainstream organizations are entering the battlefield, the market space is very large, PlatON invests a lot in the local battlefield, occupying the advantage.

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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

15 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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Press Release

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

Published

15 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

15 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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