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Singapore, Singapore–(Newsfile Corp. – November 12, 2021) – On November 5, 2021, PlatON, a privacy-preserving AI network, officially released its version 2.0. PlatON 2.0 is an important strategic deployment of PlatON in the next stage. It will form a decentralized AI market by establishing a decentralized private computing network, thus realizing a self-organizing and cooperative general AI network.

Not only is it a theoretical framework, PlatON is making efforts to apply the results of this established research field to new fields such as finance, medicine, smart city and Internet of Things applications, and promote the formation and development of private computing application ecology. In a case of smart cities, intelligent mobile solutions can be provided in commercial real estate in the city center by using multi-agent AI digital services based on blockchain. Using AI can optimize resource use and reduce the carbon footprint of cities. We predict that the large-scale implementation of smart city infrastructure will lead to a reduction of 34,000 tons of carbon dioxide emissions every year.

“Privacy protection has become a turning point in the development of AI. With the vigorous development of AI, it also encounters old problems and new bottlenecks. The accumulation of data is increasing, and the growth rate of data is getting faster and faster. However, there is a strange phenomenon that more and more AI enterprises have no data available and more and more excellent algorithms have no data to train. The progress of AI needs the support of data,” said one of the top developers of PlatON privacy AI computing platform.

He maintained that the platform makes AI smarter. The “deep learning” neural network algorithm needs massive data from all sides for training, including structured text and data, unstructured files, pictures, videos, audio, etc. These data may contain a large amount of sensitive private information. On the premise of no privacy protection at present, it is difficult to collect the required data from different enterprises and individuals, and the direct use of these sensitive privacy data also faces legal risks.

The digital encryption technology of PlatON 2.0 can encrypt and protect the data, and prevent any party except the data itself from abusing the data without obtaining authorization. Moreover, blockchain can trace and record data and protect personal data in real time. PlatON combines blockchain and privacy computing technology to establish a decentralized collaborative privacy AI network and global brain, so as to democratize the AI and establish a secure general AI.

The overall goal is achieved in three stages. Decentralized privacy computing network, establishing a decentralized data sharing and privacy computing basic network, connecting data owners, data users, algorithm developers as well as hashrate providers.The decentralized AI market achieves the co-construction and sharing of AI assets, agile intelligent application development, and provides full-process products and services from AI hashrate and algorithms to AI capabilities and their production, deployment, as well as integration. The decentralized AI collaboration network allows AI to cooperate on a large scale and brings together collective wisdom to execute complex AI services.

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With the help of blockchain and private computing technology, anyone can share computing resources in a safe and frictionless market, which really reduces marginal costs and greatly reduces social computing costs. PlatON 2.0 is designed for safe data sharing, it promotes the compliant circulation of data, breaks the monopoly of data, and accumulates more data at better quality and lower cost than tech behemoths through decentralization.

About

The application trend of PlatON 2.0 is under development.

To know more, visit https://www.platon.net work/en

Contact:

Kiki.Chen
kiki.chen(at)latticex.foundation

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103224

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