NEW YORK, Aug. 19, 2024 /PRNewswire/ -- Platonic, a
blockchain infrastructure technology company, proudly announces the
launch of its cutting-edge decentralized tokenization platform.
Developed to empower financial institutions, Platonic's platform
enables the tokenization of a wide range of assets with
unprecedented levels of data privacy and security. The company is
positioned to be a driving force in the technological evolution of
the financial services industry.
Platonic is reinventing tokenization in capital markets. Its
patented Layer 1 blockchain prioritizes security and client data
protection. Having facilitated hundreds of billions in transactions
already through active pilot programs, Platonic's technology
enables limitless, secure tokenization for financial
institutions.
"Our vision is to disrupt tokenization with a fresh take on how
issuers and investors interact using advanced technology to build a
decentralized network," said Violet
Abtahi, founder and CEO of Platonic. "Regardless of the role
in the asset lifecycle, our technology will connect customers and
partners, automate workflows, and reach new markets, while
maintaining complete confidentiality and control of proprietary
information."
Platonic's platform stands out in its ability to leverage a
permissioned private network, ensuring that data privacy and
ownership rights are strictly controlled by issuers. This addresses
major security concerns in the tokenization process, making it a
trusted solution for financial institutions. The technology
seamlessly integrates into both legacy and digital financial
infrastructures, allowing institutions to maintain business
continuity while leveraging the benefits of blockchain technology.
Additionally, Platonic's AI-linked smart contracts enhance
automation and operational efficiency and enable financial
institutions to realize cost savings immediately. The platform
connects to public blockchains to facilitate broader market access,
liquidity, and distribution.
Platonic's approach to tokenization serves as the connective
tissue needed to facilitate collaboration, engagement, and
accelerated adoption in the digital asset space. By building a
vendor and broker-agnostic decentralized network that prioritizes
security and data protection, Platonic is poised to transform the
future of finance.
Abtahi continued, "As the financial industry is moving beyond
blockchain experimentation to implementing market-ready solutions,
Platonic is committed to serving as the catalyst for advancements
in digital assets, driving innovation in capital markets."
About Platonic
Platonic is at the forefront of the
next generation of financial market infrastructure. Platonic's
permissioned Layer 1 blockchain linked to public chains ensures
privacy, security, and business continuity, delivering
enterprise-level performance. Platonic's vendor-agnostic approach
empowers global financial institutions to participate in a
digitized common market infrastructure on a decentralized platform.
For more information, visit platonic.io.
Media contact:
Neal
Stein
Z Corp PR
321.473.7407
neals@zcorppr.com
Logo -
https://mma.prnewswire.com/media/2484056/Platonic_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/platonic-reimagines-tokenization-with-a-focus-on-security-and-data-protection-302224645.html