PlatON: What You should Know
Introduction
To understand platon we need to go back to the first cryptocurrency which is bitcoin. Bitcoin being the first of the blockchain design, the advantages it offered carried the consideration of individuals to it. The blockchain technology came into the cryptocurrency world with a full bundle and has not relented in providing its services. The intriguing part about the blockchain technology is its features and the manner in which it has influenced the cryptocurrency society all in all. Its capacity to analyse,verify and affirm data are novel and has drawn more regard for it. Significantly more, if the blockchain technology is introduced to our human exercises, we will be surprised on the amount it will change the world. The blockchain technology keeps running on a number of nodes and accord that is in charge of endorsing data, however as of late the capacity of these nodes are running low and possesses stretched the energy for data validation and affirmation.
The platOn system is said to be a blockchain Infrastructure organize that is used for Privacy Computation, just as distributed economies.
PlatOn Overview
The PlatON platform is a first of its kind to introduce the Verifiable Computation into the crypto society. Seeing that the Blockchain technology is falling behind in speed, they introduced the Verifiable Computation otherwise called VC. This feature is known for its speed of checking data andcomfirming them. They will likewise be introducing the Homomorphic Encryption and the Multi Party Computation to guarantee that exchanges are safe.
The PlatOn platform are anticipating rolling out an improvement in the standards of blockchain system. They will utilize VC and HE to turn the entire system around. For quite a while blockchain technology is known for proficiency, yet even now after the re-development the blokchain technology will be know for significantly all the more energizing offers.
Uses Of PlatON
Installment and Settlement
Healthcare
Key Management
Credit Reporting
Artificial intelligence and IoT
Advertising
Conclusion
The Blockchain technology is encountering a hindered in its speed and the way toward confirming data and exchange, yet the PlatON platform has come to roll out an improvement, through the introduction of VC and HE they will help the blockchain technology ascend its place in the cryptocurrency world.
Project links
Website - https://www.platon.network/
Twitter - https://twitter.com/PlatON_Network
Facebook- https://www.facebook.com/PlatONNetwork/
Whitepaper - https://platon.network/static/pdf/en/PlatON_A_High-Efficiency_Trustless_Computing_Network_Whitepaper_EN.pdf
Telegram - https://t.me/PlatONHK
Bounty0x Details
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