PlatONE Consortium Chain Platform: Create a new generation of data fusion infrastructure
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2021-01-12 11:58
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PlatONE is a new generation alliance blockchain platform based on privacy computing, which mainly supports enterprise-level applications.

In 2020, the global data generation will reach 50.5ZB, a year-on-year increase of 23%. The global data market continues to upgrade on the road of informatization, digitization, and intelligence, and data has become a key factor of production. With the continuous recognition of the value of resources, the self-owned data of enterprises and individuals has become the main source of data, and with the increasing demand for data circulation and sharing, the industry demand for the whole process of data collection, data analysis, and data application Increasingly, the multi-dimensional integration of data and the further development of service entities have become a clear development direction of the data industry.

The importance of data is becoming more and more obvious, but problems also follow. Whether it is medical data, Internet consumption data, or industrial process data, there are data that are useful but unusable, data are difficult to interoperate, and data owners are not Willingness to share other crux. With the increasingly clear policy and compliance orientation, the traditional extensive data collection and data analysis models will gradually be eliminated, and data owners and data demanders urgently need a safe, credible, compliant, efficient, and convenient A platform that effectively protects enterprise data assets and realizes value synergy.

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What is PlatONE?

PlatONE is a new generation alliance blockchain platform based on privacy computing, which mainly supports enterprise-level applications. The platform proposes an enterprise-level alliance chain infrastructure featuring privacy computing, which can meet various demand scenarios such as financial business, medical health, physical industry, transportation and logistics, and e-government.

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What can PlatONE do?

At present, PlatONE has been applied in multiple industry application scenarios, taking the industry perspective as an example:

Biomedical

PlatONE and partners in the biopharmaceutical field will work together to build a key tumor gene annotation and data sharing platform based on the biomedical big data alliance chain. Based on the PlatONE alliance chain, the platform aims to use blockchain and cryptography technologies such as data confirmation, security sharing, and privacy protection to provide hospitals, research and development institutions, regulatory agencies, and governments with a credible data collaboration environment to promote the medical industry. Innovation and development.

supply chain finance

supply chain finance

It can build a new supply chain financial financing model for upstream and downstream enterprises in the supply chain with symmetrical information sharing, transferable credit value of core enterprises, detachable process of commercial bills, and controllable risks, and provide data traceability convenience for supervision and improve the overall industry service efficiency.

Applicable scene:

  • Credit financing - Financial institutions grant credit lines to customers, within which customers can borrow from banks to reduce cumbersome loan inspections.

  • Receivables Financing - A business assigns its own receivables to a bank and applies for a loan.

  • Bill Financing - transfer of commercial paper to a bank, which pays the payee the balance at face value less discounted interest.

PlatONE has been used to create the first domestic financial product based on blockchain technology, focusing on the automotive supply chain and serving core enterprises in the automotive industry. The product provides an efficient solution for supply chain receivables financing, solves the problem of multi-party trust, and solves the problem of data sovereignty under the condition of ensuring data security. In addition, PlatONE has also been jointly built by high-tech companies and banks in the industry as a blockchain-based supply chain financial platform. The number of active users on the platform has reached 56, and the cumulative amount of financing has reached tens of millions of yuan.

Anti-counterfeiting traceability

Utilizing the non-tamperable and traceable characteristics of information on the blockchain chain, combined with existing business scenarios, it provides one-stop services for data storage, traceability and verification, and realizes credible commodity anti-counterfeiting traceability. Based on technologies such as blockchain, Internet of Things and intelligent anti-counterfeiting, it records the information of each link of product production, and provides blockchain traceability services and enterprise marketing services for products.

The anti-counterfeiting traceability solution based on the PlatONE alliance chain has the following advantages:

  • The Internet of Things enhances data authenticity - Embed the blockchain SDK into the production line scanning equipment, realize the direct chain recording of scanning data, reduce manual intervention, and improve data authenticity.

  • Data privacy protection - Cryptographic algorithm protects the security of traceable core data among participating institutions on the platform, reduces transaction friction of open services, and ensures platform information security.

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PlatONE features and advantages

PlatONE is an enterprise-level application service platform, which has passed the "double test" of the China Electronics Standardization Institute's functional test and performance test.

In the functional test, 99 use cases (60 mandatory and 39 optional) of the Electric Standards Institute were verified, and a total of 93 use cases passed, which performed exceptionally well in the peer evaluation; in the performance test, in the transaction response time test , ordinary transaction load performance test, contract transaction load performance test and other multi-module test data scores are among the best, among which the transaction response time reaches the millisecond level, and the highest TPS of ordinary transactions reaches 30,000+.

In addition, the PlatONE alliance chain platform also provides developers with a friendly environment and has the following advantages:

Built-in privacy protection

  • Support SM2, SM3, SM9 and other national secret algorithms

  • Support cryptographic algorithms such as zero-knowledge proof, homomorphic encryption and secure multi-party computation

High performance and high scalability

  • Self-developed CBFT high-performance consensus algorithm

  • Support WASM/EVM dual virtual machine

  • Massive heterogeneous data storage mechanism, large-scale point-to-point communication network

  • high security

high security

  • Consensus algorithm security audit, smart contract security audit

  • Multi-account data isolation, node access security

high availability

  • Developer-friendly IDE development environment.

  • Provide operation and maintenance personnel with one-click deployment script and graphical operation interface

Currently, PlatONE has been put into use in multiple industry solutions. In the future, Matrix Element will continue to take advantage of the combination of privacy computing and blockchain technology and industry, deeply cultivate the new public infrastructure field in the digital age, provide more customers with integrated solutions based on data security flow, and promote data commercialization , Digital industrialization innovation and development.

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