Baleyworld’s New Consensus Node; Aitos officially Becomes a Part of PlatON Baleyworld

On Jul.4, 2019, Aitos officially became the latest consensus node of PlatON’s Baleyworld. As a leading solution provider in trusted identity authentication and privacy-preserving for the Cellular IoT enterprises, Aitos has a strong background in research, development and technology. Being a part of PlatON, Aitos will be involved in helping construct PlatON’s ecosystem with its powerful resources.

Baleyworld’s New Consensus Node; Aitos officially Becomes a Part of PlatON Baleyworld

Based on the global cellular IoT technology, Aitos developed the BoAT (Blockchain of AI Things) wallet, a trusted application framework on cellular modules, to build a device-side identity authentication system. BoAT will divide data users into data owners (the users,) and data contributors (device manufacturer) according to data generated by IoT devices, forming an application for the value exchange of IoT data between devices.

PlatON applies the PPoS (PlatON Pos) consensus algorithm that consists of three stages: a node becomes a validator; VRF is used to choose a consensus node from the validator nodes; the consensus nodes then taking turns to produce blocks and running the CBFT. Aitos will be responsible for executing the transactions, and packing the transaction data into blocks. Thus, other nodes in PlatON Baleyworld will only need to verify the legitimacy of new producing blocks, which will greatly shorten the verification time, and in turn increasing the performance and efficiency of the transaction.

In addition, Aitos provides MPC solutions based on privacy preserving to the IoT data trading market. Based on the application of blockchain technology, Aitos collaborates well with PlatON’s privacy preserving solution that combines blockchain technology and privacy computing technology.

About Aitos

Aitos is a technology start-up which focuses on the trusted identity authentication and data privacy protection of Cellular IoT. Aitos entered into the fragmented vertical IoT industry by utilizing the global Cellular IoT industry’s technology. Aitos aims to be the ‘super liquidator’ of data asset in applications and services from all industries by empowering IoT devices manufactures to extract the value of IoT applications and data generated by IoT devices with the help of the global alliance of cellular module manufacturers.

About PlatON

Ever since it’s founding, PlatON has striven to become the most trustworthy blockchain network for data security, constructing the new era of trustless computing using a distributed computing network, which is scalable, high-performing, and one which offers a strong protection for privacy. And also to build a brand-new network ecosystem which emphasizes data privacy-preserving, effective data validation, and the efficient use of data. Through the support of powerful technology, PlatON will provide services such as infrastructure development, consulting and operation under open-source architecture for developers of global distributed AI and distributed applications; data providers; communities, institutions, and individuals with computational needs.

This article is reproduced from https://platon.network/informationDetail?id=173&plat=1

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