PlatON Partners with PolkaDAO’s Infrastructure of SubDAO

Recently, PlatON, a privacy AI computing network, announced a partnership with SubDAO, a PolkaDAO infrastructure, to realize the integration and interoperability of PlatON and SubDAO through multi-dimensional technical and ecological collaboration.

As a DAO infrastructure based on Polkadot, SubDAO aims to help users participate in the governance and extension of DAO easily and conveniently. The project will provide all DAOs with the tools needed for governance, and at the same time achieve multi-asset management by leveraging Polkadot’s cross-chain ability, thus maximizing the yields of funds managed and deposited by DAO and promoting the prosperity of DApps and DAO ecosystem on the Polkadot ecosystem.

Through this partnership, SubDAO will provide projects of the PlatON ecosystem with management tools for DAOs, including member management, voting management, and asset management. In addition, the partnership will help PlatON better automate the Github-based Grant review process with Github OCWs of the SubDAO.

PlatON is a new generation of privacy AI computing network for the world, bringing a new computing paradigm through its cryptography-based privacy computing technology. With privacy-preserving computation, PlatON protects the privacy of input data and the computation function itself while guaranteeing the free flow of data between individuals and organizations. By establishing a compliant data flow channel, the value of data factors is truly realized, upon which the productivity of the whole society is enhanced.

PlatON will use its unique strengths in data computation and privacy protection to provide a variety of privacy-preserving computation solutions based on Secure Multi-Party Computation (MPC), Homomorphic Encryption (HE), and Secret Sharing (SS), enabling unprecedented flow safety and processing performance for DAO data management and driving the development of the SubDAO tech ecosystem.

In addition, SubDAO is developed in the form of smart contracts (ink!) based on Substrate in order to facilitate developers to customize and iterate DAOs, and allow everyone to deploy them on other chains. Besides, for smoother adaptation of existing WASM applications, PlatON will work with SubDAO to popularize and develop the toolkit of the ink! smart contract, enabling the Privacy-Preserving Computation to empower DAO, DApp, and other areas.

In the future, PlatON will work with SubDAO closely to meet the practical needs of the users and promote the implementation of applications, jointly promoting the ecological integration of the PolkaDAO infrastructure and the privacy AI computing network of PlatON for the establishment of a healthy, strong and prosperous united ecosystem.

About PlatON

PlatON, initiated and driven by the LatticeX Foundation, is a next-generation Internet infrastructure protocol based on the fundamental properties of blockchain and supported by the privacy-preserving computation network. “Computing interoperability” is its core feature. By building a computing system assembled by Verifiable Computation, Secure Multi-Party Computation, Zero-Knowledge Proof, Homomorphic Encryption and other cryptographic algorithms and blockchain technology, PlatON provides a public infrastructure in open source architecture for global artificial intelligence, distributed application developers, data providers and various organizations, communities and individuals with computing needs.

About SubDAO

SubDAO is a DAO infrastructure based on Polkadot, where any decentralized organization is allowed to conveniently create and manage a DAO. SubDAO does not only connect DAO with DApps to realize DAO’s cross-chain management but also bridges Web 2.0 and Web 3.0.

The founding team of SubDAO is composed of the former Technical Team leader of the IBM Group and many early well-known developers from Polkadot. All team members own rich experiences in Internet companies such as IBM, Tencent, and Alibaba. Jack Platts, former Director of External Cooperation of the Web3 Foundation and Partner of Hypersphere Ventures, serves as a strategic contributor to SubDAO. So far SubDAO has completed multi-million dollar financing including Hypersphere, Huobi Ventures, and other institutions.