PlatON (LAT) crypto asset is now listed on INDODAX on the Mainnet network.

Interested in PlatON (LAT) and how to buy it? Learn more before investing by reading below!

About PlatON (LAT) 

PlatON is a decentralized computing network built by LatticeX Foundation. PlatON builds a computing system consisting of cryptographic algorithms such as verifiable computing, secure multi-party computing, zero-knowledge proof, and homomorphic encryption to provide open infrastructure for distributed AI developers, distributed applications, data providers, as well as institutions, communities and individuals with computing needs. PlatON provides the next-generation Internet basic protocol featuring “computing interoperability”. One of what makes PlatON unique is that LAT acts as the medium of data trading in the PlatON market.

For more information, visit the official website of PlatON (LAT) at https://platon.network/

Challenges, Opportunities, and Utilities

PlatON aims to solve two major problems in blockchains, which are scalability and privacy. Scalability is still a huge challenge for blockchain architecture, as most blockchains currently are not efficient in processing transactions per second, far different from the needs of the financial industry. PlatON tries to solve this problem by separating consensus and computation. Privacy is also a major issue of blockchains, as most data on blockchains are public and can be read by anyone. However, PlatON uses modern cryptography to achieve privacy-preserving computation without relying on third parties. Therefore, PlatON aims to solve the scalability and privacy problems which are the main challenges in current blockchain architectures.

LAT differentiates itself from other protocols in a few different ways. 

• Computing interoperability across applications and networks. 
• LAT as a medium of exchange in PlatON’s data market. 
• Enhanced privacy and security through leading cryptographic algorithms. 
• Open infrastructure for distributed computing ecosystem developers. 
• A decentralized system without central control.

Here are some of the utilities of the LAT token:

• Payment and Settlement : LAT is used as the payment and settlement token for online economic activities, such as service/asset transactions and token transfers.
• Network Governance : LAT holders can vote on decisions related to the network’s operation (including system parameters and network proposals), ecosystem development, and software upgrades.
• Service Staking : LAT holders can stake/delegate their LAT to provide profitable services for the network, including transaction verification, computation, and data/algorithm, and receive corresponding rewards.

Founder and Investor of PlatON (LAT)

Dr. Feng Xiao is the founder of the blockchain project called PlatON. Dr. Xiao Feng also serves as the chairman of Wanxiang Blockchain. At the Distributed 2018 Conference held in San Francisco, Dr. Xiao Feng personally introduced the next-generation global computing framework developed by his core team, namely PlatON. In a small meeting, Dr. Xiao Feng discussed his latest thoughts on the development of blockchain technology and industry prospects, including new business boundaries, possible breakthroughs in business models, and the value brought by blockchain technology to public blockchains. He talked about how blockchain technology could transform industries by creating new business opportunities and models through its capabilities. Dr. Xiao Feng is a leading figure in the blockchain space, spearheading innovative projects like PlatON and guiding the development of companies such as Wanxiang Blockchain.

With fundraising of $50,000,000.00, PHA is backed by investors and venture capitals such as Hash Global, Youbi Capital, Alpine Capital Research.

Crypto Asset Ranking Information

As of July 16, 2024, the CoinMarketCap ranking of PlatON (LAT)  is #554, with a market cap of USD 49,603,731. It has a circulating supply of 5,889,824,013 LAT and a maximum supply of 10,250,000,000 LAT.

How to Buy PlatON (LAT) on INDODAX 

Now that you’ve discovered more about PlatON (LAT) , you can start investing in PlatON (LAT)  easily and securely on INDODAX. 

You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.

To buy PlatON (LAT)  crypto asset on INDODAX, follow the steps below:

1. Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
2. Then, deposit by reading how to make a deposit below
3. After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
4. Search for LAT in the IDR market, and click to visit the crypto asset page
5. On the crypto asset page, enter the balance and desired LAT purchase price, or buy instantly at the current price
6. Next, you should wait for the price to increase for some time
7. Once the price increases, your assets can be sold at a higher price with the Instant method
8. If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number

INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.

Let’s invest in PlatON (LAT) on INDODAX now!