Introduction
Its no longer news that the blockchain technology has come to stay.Since its inception in the year 2018, more people and countries has come to know more about this technology, this can be attributed to its unique features, as it is now, most of the world power state are seeking out ways where they can induce the blockchain technology to co-habit with their economy system. Blockchain is not just some means of analyzing data and confirming them, but when applied to our day to day activity we will get to know the full potency of the blockchain technology.
What is Blockchain?
Blockchain is a set of computer that analyzes and confirms data. It is one of the world's trusted technology in the cryptocurrency world. Its features are interesting and suiting to the crypto system and man's system. Among the so many features lets mention a few;
- Decentralized technology
-Enhanced security - Distributed ledger
- Consensus
- Fast settlement and a whole lot.
Platform Overview
The PlatON platform is a platform that looks forward to causing a change in the blockchain system. Although the nature of its efficiency, it is still true that it consumes time, energy and power. This is so because of its use of different nodes to carry out verification. The PlatON platform will make use of VC (Verifiable Computation) to change the whole process, not just that they will also introduce the use of Homomorphic Encryption to control and safe keep transactions.
Conclusion
The PlatOn platform are looking forward to making a change in the norms of blockchain system. They will be making use of VC and HE to turn the whole system around. For a long time blockchain technology is known for efficiency, but even now after the re-innovation the blokchain technology will be know for even more exciting offers.
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
Writers Details
Bounty0x Username - Kingmykky