BitWell Labs and PlatON Enter into Strategic Partnership to Build Web3 Privacy Computing Infrastructure
On June 16, BitWell Labs, the venture capital and innovation department of BitWell, a leading global trading platform for growing assets, has entered into a strategic partnership with PlatON, a privacy AI computing network. The two parties will collaborate on decentralized data flow, data security, and privacy AI computing network to jointly drive the construction of Web3 privacy computing infrastructure
BitWell Labs will help the platform access PlatON’s decentralized privacy computing network and ecosystem, enhance the security and data privacy of the platform’s decentralized on-chain financial products, provide users with a one-stop and seamless cross-chain experience, and open up the platform’s GameFi, NFT, DeFi and other application portals.
With its financial advantages and cooperation resources, BitWell Labs will actively participate in the PlatON ecosystem construction, supporting and cultivating high-quality projects in terms of funding, channels, media, partners, users and technology.
About BitWell Labs
BitWell Labs is the venture capital and innovation incubation arm of BitWell, the world’s leading growth asset trading platform, dedicated to providing more investment, collaboration, and incubation opportunities for the world’s top blockchain projects.
BitWell Labs has established a $50 million metaverse fund to support and invest in GameFi and NFT, as well as other metaverse-related projects, to help more quality projects develop in terms of marketing, operations, trading, and more.
PlatON, initiated and promoted by LatticeX Foundation, is a next-generation Internet infrastructure protocol based on the basic properties of blockchain and supported by the Privacy Computing Network, with “computational interoperability” as its core feature. PlatON provides a public infrastructure under open source architecture for global artificial intelligence, distributed application developers, data providers and various organizations, communities and individuals with computing needs by building a computing system jointly assembled by verifiable computing, secure multi-party computing, zero-knowledge proof, homomorphic encryption and other cryptographic algorithms and blockchain technology.