PlatON Monthly Report: January 2025

4 min readFeb 7, 2025

01 — Technological Progress

TOP WALLET

1）TOP WALLET Version 1.3.7 (Released): The ZKAPY algorithm has been upgraded to support the generation of a ZK Proof once, allowing for multiple verifications. This enables Smart Money to issue once, with the wallet’s payment QR code dynamically updating, balancing transaction security and operational flexibility.

2）TOP WALLET Version 1.4.0 (In Development): Optimizing the backup method and process for MPC key sharding, allowing multiple devices to log in and manage the same AA wallet account.

RemiNet

1）Completed a cross-border remittance test with a Middle Eastern wallet partner on the AED to PHP route, reaching an intention to go live in production.

2）Relaunched the INR payout channel, supporting USDT payments to India.

3）Advancing the development of remittance channels in Pakistan, Vietnam, Thailand, Indonesia, and Singapore.

TOPOS Cross-chain Acquiring System

1）Added batch cross-chain remittance functionality.

2）The GIMLET platform has been delivered to the client and has passed technical acceptance.

02 — PlatON News

PlatON Confirms Attendance at Consensus Hong Kong and Will Host a Payment-Themed Roundtable Forum

PlatON has confirmed its attendance at Consensus Hong Kong, a top-tier global blockchain summit hosted by CoinDesk, which will be held from February 18th to 20th. As part of the conference’s key agenda, PlatON will organize a roundtable forum on the theme of “Stablecoins: Shaping the Future of Payments.” Attendees of this roundtable discussion will include Wei Zhou, CEO of Coins.ph; Jason Tay, Business Head at StraitsX; Joy Cham, Founder of 8Hexa & Gimlet; and Tan Siang, VP of TOPOS. Together, they will delve into how stablecoins are reshaping the global payments landscape.

LAT Launches on Turkish Digital Asset Platform Bitci

At 15:00 Turkish time on January 29th, the Bitci digital asset platform officially listed LAT and opened the LAT/TRY trading pair.

03 — Community Events

PlatON Launches “Spring Festival Staking” Event

With the arrival of the Spring Festival, PlatON has launched the “Spring Festival Staking | Stake LAT to Earn USDT” event for the global community. Users can participate by staking LAT through TopWallet to share in a prize pool of 5,000 USDT.

PlatON Community Ecosystem Project DeworkHub Hosts Online AMA Event

On January 12th, PlatON community ecosystem project DeworkHub held an online AMA titled “Discussing Why PlatON is the First Choice.” The founders of DeworkHub, Rouseeeau, tsecheonglung (Chief Operating Officer), and Awaken (Senior Vice President), were all in attendance to provide detailed answers to the hot topics of concern to users.

DeworkHub Launches “PlatON Community Ecosystem Tour Exhibition — Eco-Jumping Grid” Event

From January 27th to February 27th, DeworkHub is launching the “PlatON Community Ecosystem Tour Exhibition — Eco-Jumping Grid” event. This event is an exciting journey to explore the ecological world, where participants have the chance to win multiple exciting rewards including $LAT, $USDT, sDWH, and exclusive NFTs.

PlatON Developer Ambassador Attends Payment-Themed Binance Live

On January 28th, PlatON Developer Ambassador Israel Okereke participated in a payment-themed Binance Live session hosted by Crypto Panda and provided detailed answers to user concerns.

TOPOS VP Tan Siang Attends Alibaba Cloud Web3 Cloud Day Panel Discussion

On January 14th, TOPOS VP Tan Siang was invited to attend the Alibaba Cloud Web3 Cloud Day event. During the panel discussion themed “Web3 Meets Web2: Digital Assets Meets Traditional Finance,” Tan Siang joined guests from institutions such as Alber Blanc Capital, OKCoin Japan, and ChainUp to explore the challenges and opportunities that Web2 companies face when adopting Web3 solutions.

About PlatON

PlatON is an open financial infrastructure initiated and promoted by the LatticeX Foundation, aiming to become a major blockchain platform in the era of Web 3. It secures stability and performance on a par with that of the financial system, and provides cryptography-enhanced compliant digital asset management, multi-scenario encrypted payment and settlement solutions, as well as smooth and user-friendly experience for various types of Web3 native applications and applications/users migrating from Web2 to Web3.