PlatON Monthly Report: August 2024

PlatON Network
4 min readSep 2, 2024

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01 — Technological Progress

TOPOS MINT

1)Completed the system upgrade of TOPOS MINT and collaborated with DCS CARD CENTRE to take over the issuance system of DUSD on Ethereum.

2)Delivered a unified platform for multi-chain issuance of DUSD, optimizing the recharge experience of DUSD cards and providing more consistent and convenient services.

TOP WALLET

1)TOP wallet, designed to serve the payment ecosystem, is currently under development. It utilizes the PlatON MPC+AA framework to enhance security and user experience. Additionally, it supports social login and GAS-free payment features, simplifying user transaction processes.

2)The first version is scheduled for release at the end of September, with functionalities such as multi-chain top-up, withdrawal, transfer, financial management, QRPAY, and ZKPAY to be implemented by the end of October.

3)It will integrate the latest demonstration scenarios of ZKPAY, offering users more innovative payment experiences.

TOPOS Cross-Chain Payment Acquisition System

1)Strengthened cooperation with licensed Money Service Operators (MSOs) in Hong Kong to connect more features to virtual fiat currency accounts, including one-click settlement of fiat currencies to bank accounts, displaying VA account balances, transaction records, etc., providing a more integrated acquiring service.

2)In line with the latest ZKPAY scenarios of TOP wallet, developed acceptance terminals supporting NFC payments to broaden payment scenarios.

3)Launched an agent commission distribution module, enabling agents to independently develop merchants, set rates, and allocate commissions, thereby expanding the global agent network.

4)In terms of OTC channel expansion, completed technical integration with Hashkey, reducing the cost of digital currency acquiring and settlement for merchants in fiat currencies.

TOPOS RemiNet

Completed channel integration and launch with COINS.PH, significantly enhancing the stability of the USDT payout channel to the Philippines, reducing costs, and providing better exchange rates.

02 — Ecosystem

PlatON On-Chain Eco Game Bones Beta Version Released

The test version of the PlatON on-chain ecosystem game Bones developed by THALLO Labs based on Telegram MiniApp has been officially released, allowing players to embark on their Tap To Earn journey. According to THALLO Labs, THALLO Labs is developing the THALLO Games platform to further promote the prosperity of the PlatON gaming ecosystem, bringing users a richer gaming experience and innovative interactions.

THALLO Labs is committed to exploring frontier interdisciplinary fields and has established laboratories in blockchain, quantum communication, embodied intelligence, and aerospace. With a complete capability for product development and iteration, it possesses drone clusters, fog computing clusters, and multi-source heterogeneous AIoT devices. It has also independently developed a three-dimensional generative vertical model and the inter-chain communication protocol ETP.

03 — Community Events

PlatON Attends Indodax Online AMA Event

On August 15th at 2:00 PM (UTC+7), PlatON Tech Ambassador OteMzl participated in an online AMA hosted by Indodax. Under the moderation of Fayruzza Argichenia, he shared insights and engaged in discussions on issues of interest to the community.

PlatON India Collaborates with Finder Club to Host X-SPACE Event

On August 21st at 1:00 PM (UTC), PlatON India, in collaboration with Finder Club, hosted the X-SPACE event and offered rewards totaling $100 USDT.

PlatON Philippines Community Hosts Community Invitation Contest

The PlatON Philippines community is launching a community invitation contest. From August 23 to September 5, participants who invite friends to join the PlatON Philippines community will have the chance to win a total of $150 in LAT rewards.

PlatON Launches a New Round of CoinMarketCap Follow-to-Win Event

On August 6th, PlatON initiated the second round of its CoinMarketCap follow-to-win event. Users who follow PlatON’s official account on CoinMarketCap will have the opportunity to win a grand prize of $20.

PlatON Ecosystem Project Cycnus University Launches Video Creation Incentive Program

PlatON on-chain education ecosystem project Cycnus University announces the “PlatON | TOPOS Video Creation Incentive Program” science popularization activity, encouraging the community to create videos to promote TOPOS and PlatON payment services.

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PlatON Network
PlatON Network

Written by PlatON Network

PlatON — An Infrastructure for Privacy-Preserving Computation and Distributed Economies.

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