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PlatON Stock

PlatON

LAT

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PlatON Whitepaper

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PlatON FAQ

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### What is PlatON? PlatON is a blockchain platform that focuses on privacy-preserving computation and decentralized collaboration. It is designed to facilitate the secure exchange and analysis of data while maintaining user privacy. By utilizing advanced cryptographic solutions, PlatON aims to create a more efficient and privacy-centric infrastructure for various industries and services. For comprehensive information and updates on PlatON, refer to Eulerpool.

PlatON is a blockchain-based platform developed to function as an open financial infrastructure, with a focus on privacy computing as a core technical component. This initiative, spearheaded by the LatticeX Foundation, is positioned as a crucial protocol for the emerging Web3 era, concentrating on privacy protection while supporting the development and deployment of decentralized applications (dApps). Central to PlatON's architecture is its compatibility with the Ethereum Virtual Machine (EVM), which allows for the seamless migration and integration of Ethereum-based applications. This is further enhanced by the integration of the WASM virtual machine, which supports advanced programming languages, expanding the possibilities for developers to create sophisticated and efficient applications. PlatON's mission encompasses providing a robust solution for the stability and performance of financial systems, addressing the need for privacy-enhanced management of digital assets in accordance with regulatory standards. It also aims to enable encrypted payment and settlement across various scenarios, making it a versatile platform for financial transactions and interactions. The platform's native token, LAT, is essential to its ecosystem, facilitating transactions, governance, and incentivization. PlatON's focus on privacy and its comprehensive approach to developing a secure, efficient, and user-friendly infrastructure make it a significant contributor to the advancement of blockchain technology and its role in establishing a decentralized financial landscape. As with any investment in cryptocurrencies, individuals are advised to conduct thorough research and consider the inherent risks associated with digital assets.

**How is PlatON Secured?**

PlatON employs a comprehensive strategy to ensure its network remains secure and robust, incorporating cutting-edge technologies and strategic partnerships to safeguard its ecosystem. At its core, PlatON utilizes advanced cryptographic techniques, such as digital signatures and encryption, to protect data and transactions on its platform. These cryptographic measures are vital for maintaining the integrity and confidentiality of information, rendering it exceptionally difficult for unauthorized parties to tamper with or decipher sensitive data. Beyond its cryptographic foundation, PlatON bolsters its security through the implementation of privacy computing technologies. These technologies enable secure data computation without revealing the actual data, thereby preserving user privacy while allowing for the processing of sensitive information. This aspect is particularly crucial for applications that demand data confidentiality and security. The network's architecture is designed for high throughput and low latency, ensuring transactions are processed efficiently and swiftly. This not only enhances the user experience but also contributes to the network's resilience against attacks that aim to overwhelm the system with a high volume of transactions. PlatON's compatibility with Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contract engines further reinforces its security posture. By supporting these widely adopted smart contract platforms, PlatON benefits from the extensive testing and security audits these engines have undergone, reducing the risk of vulnerabilities in its own smart contract implementation. The platform has also established partnerships with various financial institutions, using these collaborations to enhance its security measures and ensure compliance with regulatory standards. The introduction of a deposit token issuance system, TOPOS TDI, exemplifies PlatON's dedication to secure and regulated token issuance, providing an additional layer of trust and security for users and investors. Ongoing research and development efforts are central to PlatON's strategy to maintain and advance its security capabilities. By actively exploring new security technologies and methodologies, PlatON aims to stay ahead of potential threats in the rapidly evolving digital landscape. In summary, PlatON's security is strengthened by a combination of advanced cryptographic techniques, privacy computing technologies, strategic partnerships, and a commitment to continuous improvement. This comprehensive approach ensures the platform can provide a secure, efficient, and user-friendly environment for Web3 applications and users transitioning from Web2.

How is PlatON intended to be used?

PlatON operates as a decentralized computing network with privacy computing as a fundamental feature. It is engineered to serve as an open financial infrastructure, aspiring to achieve the stability and performance akin to traditional financial systems. This platform is particularly dedicated to optimizing the management of digital assets through privacy computing, offering encrypted payment and settlement solutions adaptable to a multitude of scenarios. Its capabilities extend beyond financial applications to encompass industries such as artificial intelligence (AI), data processing, and more, demonstrating its versatility and broad applicability. The LatticeX Foundation, the entity behind PlatON, has strategically positioned it as a key blockchain platform in the transition to Web 3.0. This transition signifies a major move towards a more decentralized internet, where users have enhanced control over their data and digital assets. PlatON's infrastructure is crafted to support this shift by offering a secure, efficient, and user-friendly platform for Web3 native applications, as well as for those transitioning from Web2 to Web3. Furthermore, PlatON's utility is highlighted by its partnerships and the support it has garnered, emphasizing its potential for widespread adoption and its capability to address the requirements of various use cases. Whether applied in financial services, AI, or data processing, PlatON's technology provides a foundation for developing solutions that demand high levels of privacy and security. In conclusion, PlatON serves as a multifaceted platform that not only reinforces the financial ecosystem with improved privacy and security but also serves a wider range of industries aiming to harness blockchain technology and privacy computing. Its development is directed towards enabling a smooth and secure transition to a decentralized digital future, establishing it as a notable force in the Web 3.0 era, according to Eulerpool.

What have been the significant events for PlatON?

PlatON has established itself within the blockchain and cryptocurrency arena through a series of notable milestones, demonstrating its commitment to the advancement of the Web3 ecosystem and its applications. A significant moment for PlatON was its debut at the Singapore FinTech Festival, where it showcased its capabilities and future vision in finance in partnership with TOPOS TDI. This event highlighted PlatON's dedication to innovation and its vital role in the emerging digital finance landscape. Reinforcing its commitment to the development and application of blockchain technology in finance, PlatON engaged in a substantial collaboration with the Monetary Authority of Singapore and various financial institutions. This partnership focused on asset tokenization, a transformative process poised to revolutionize asset management by utilizing blockchain technology to create digital representations of physical assets. This initiative exemplifies PlatON's role in bridging traditional financial systems with the new opportunities offered by blockchain technology. Furthermore, PlatON's partnership with NETDRAGON WEBSOFT signifies a strategic entry into the Web3 domain, exploring cooperation opportunities that could bolster the Web3 ecosystem. This collaboration underscores PlatON's efforts to extend its influence and applications beyond finance into wider areas of the digital economy. Anson Zeall's involvement with PlatON, particularly his participation in conferences and promotional events, further elevates the platform's visibility and credibility within the cryptocurrency community. As a prominent figure with extensive experience in cryptocurrency and regulatory compliance, Zeall's advocacy for PlatON and his insights into the future of crypto payments, especially at events like the Hong Kong Web3 Festival, greatly enhance the platform's reputation and outreach. PlatON's journey, marked by these pivotal events, illustrates its ambition and progress towards establishing a comprehensive open financial infrastructure. By prioritizing stability, performance, and user-friendly experiences for Web3 applications, PlatON aims to facilitate a seamless transition from Web2 to Web3, ensuring that its platform remains at the forefront of the digital asset management and blockchain technology sectors.

Investors interested in PlatON are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.