PlatON team showed up in Distributed 2018 and released the next-generation computing architecture — PlatON

Dr. Feng Xiao and Mr. Lilin Sun, founders of PlatON, with their core team, released the next-generation global computing architecture — PlatON in Distributed 2018 Enterprise Blockchain Conference held on July 19–20, 2018 in San Francisco.

With the rapid development of Internet and the popularization of intelligent terminals, human society is now entering a fully digital age. At the moment and in the foreseeable future, tens of billions or even trillions of smart nodes will be increasingly added to building the global computing network, which creates massive amounts of data continually and exponentially.

It is beyond traditional Internet architecture’s ability to solve the problems such as how to build high-efficiency connections among nodes with full utilization of their idle computing power and storage or how to determine the data sovereignty and data value with data privacy protection and data liquidity. For solutions, the existing blockchain system is embarking on a new path. However, there are still some problems with privacy protection and waste of computing power and resources of the PoW consensus mechanism.

In the fully digital age, a new-generation computing architecture and combination of hardware and software public infrastructure becomes a necessity of tackling various problems in the complex network environment, further improving the efficiency of social production.

PlatON emerges as the times require.

What is PlatON?

PlatON is the next-generation computing architecture for the future and the public infrastructure in the fully digital age. It is therefore not a conventional blockchain technology system, but a service-oriented carrier for the coming future.

On the basis of community evolution and the development of distributed technology, cryptography and blockchain, PlatON proposes a new computational model where the computing power, algorithms and data are recognized as basic services so that they could be deployed as the infrastructure covering the full range of computation, storage and communication. It will provide an open source architecture with services such as public infrastructure software development, consulting and operation to all distributed application developers, resource providers as well as communities, organizations and individuals with computation requirements.

What can PlatON do?

On PlatON, secure data exchanging application chains and applications can be built to provide institutions and individuals with safe and reliable data exchanging and collaborative computing services that makes their data privacy under protection in the process of data sharing. Meanwhile, they are able to preserve data ownership while reaping the economic benefits of data reusing.

Various decentralized applications can also be built on P2P network of PlatON, such as decentralized identity authentication, social network, exchange, payment and settlement. These applications will be working independently of centralized organizations with merits such as decentralization, privacy protection, safety and incentive compatibility.

Any applications, featuring data exchange and computation as a core, can benefit from services of global data collaboration and computing power sharing on PlatON, such as collaborative scientific computation, data transaction, healthcare data consortium, joint credit reporting, social network and Internet of Things.

Featured Cases

1. Joint Credit Reporting

Traditional credit systems are now facing the classic “blind men and an elephant” problem due to limited data sources, unreliable data models, and constrained data sharing. A distributed social credit system on PlatON, with privacy protection, will facilitate integration of data from multiple sources, allowing individuals to manage their own credit data and organizations to carry out joint credit reporting, promoting the construction of a global social credit system.

2. IoT and Industrial IoT

PlatON provides a global infrastructure with data security and privacy protection for large-scale IoT network , integrating the capacity of edge computing, which boosts the development of IoT applications in various industries such as smart manufacturing, Internet-of-Vehicles, agriculture, smart cities, and distributed energy management.

3. Healthcare

Healthcare and genetic data of individuals have the highest privacy requirements and largest amount of data types. An open service platform for healthcare information can be built on PlatON with a unified and general set of data exchange standards to make the connection of heterogeneous data among different organizations. This promotes further analysis and application of healthcare and genetic data to make a global healthcare database network. It can also support services such as individual unified health account and healthcare data consortium.

Why PlatON?

Technology Innovation

1. Meta Computing Framework — Monad

PlatON proposes a new computational model that decouples computation from consensus and supports a linear scalability of computing power. As a kind of innovation, it makes off-chain computation work. Verifiable computation algorithm is applied in order to prevent fraudulent computation while computing performance can be improved by parallel computing.

2. Homogeneous Multi-chain Architecture

PlatON is a decentralized RPC framework. On the RELOAD overlay network PlatON implements a P2P service discovery mechanism which supports dynamic service discovery and registration, service transparent routing and access, service containers with multi-lingual support, as well as service orchestration and service governance.

Technology Advantages

PlatON is the first operating network in the world with full privacy protection that applies a great many cryptographic algorithms to preserve data sovereignty and data privacy. As the issue of individual data protection is gaining more and more attention, PlatON finds a new way of data sharing using collaborative computing to avoid the risk of data breach and abuse. It makes it more possible that individuals or institutions have more control over their own data with full privacy protection, which makes data a smoother flow and a more proper use.

PlatON team have been preparing it for over two years. They are now speeding the pace of PlatON primary network going live and open source code licensing. Meanwhile, a general cross-platform client will be launched as well.This enables developers and users around the world to participate in the building of the public infrastructure in the fully digital era.

PlatON will not start an ICO and will fully abide by different rules and regulations of various countries with the assistance of a team of professional legal advisers.

Roadmap

Founder

Feng Xiao

Founder of Wanxiang Blockchain Lab

Founder and investor of Fenbushi Capital

Chairman of Wanxiang Blockchain Co., Ltd.

Ph.D. in Economics, Nankai University

Over 25 years of experience with the securities industry and asset management.

The earliest advocate of blockchain technology in China Leading figure in today’s Blockchain industry.

Early sponsor of Ethereum; invested in over 50 leading blockchain projects around the world.

Lilin Sun

Founder of BCOS open source blockchain software

Master, Wuhan University

Bachelor, Beihang University

Served at China UnionPay as the head of strategic development, in charge of payment innovations.

Entered Bitcoin and blockchain sector in 2013. Began focusing on cryptography in 2016, have been investing in and supporting academic research and engineering implementation of cryptography ever since.

An advocate and sponsor of computational complexity theories such as ZKP, MPC, FHE and algorithm game theory in China and other areas around the world.

White Paper”Let Us Compute — PlatON — The Next-Generation Computing Architecture” is also released. Please download it from the following website: https://www.platon.network/pdf/PlatON_whitepaper.pdf

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

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PlatON Network

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

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