Updated on:11/30/2025 02:33 PM 
CryptoSlate had the opportunity to speak with Jingqi Qu, the CTO of PlatON, a next-generation blockchain infrastructure designed for privacy-preserving computation and decentralized economies.
In our exclusive interview, we delve into:
CryptoSlate (CS): Can you tell us about the PlatON protocol and the primary problems it aims to solve?
Jingqi Qu (JQ): PlatON is an open-source, community-driven blockchain ecosystem that serves as the foundational infrastructure for privacy-preserving computation networks and decentralized economies. In essence, we are redefining the business landscape by protecting data privacy and providing a framework to solve critical data-related challenges. We view the PlatON network as a cornerstone for data sovereignty.
After years of dedicated research and development, PlatON has emerged as a leading global player in the privacy-preserving computation field. We provide an infrastructure designed to facilitate massive data asset transactions, leveraging our deep expertise in management, high-performance computing, and artificial intelligence.
Our focus on privacy-preserving computation targets industries with urgent needs for secure data sharing and collaborative technologies. Data is the new capital, and privacy-preserving computation will be the core engine of the digital economy. PlatON was born as a value transfer network to facilitate the circulation of data assets, acting as a global "data sharing hub" that is cross-ID, cross-account, cross-domain, and cross-industry.
CS: Is PlatON built on an existing blockchain or developed from scratch?
JQ: We initially forked from Ethereum but have since undertaken significant upgrades. We replaced the core consensus mechanism from Casper to a secure, PoS-based Concurrent BFT called Giskard, designed a new staking incentive mechanism, and introduced advanced cryptographic algorithms like BLS signature aggregation.
From a technical standpoint, we have removed over 625,000 lines of code and added more than 742,000 lines of new core code. Moving forward, we will integrate more privacy-preserving computation frameworks as middleware and components. You can think of it as a new blockchain network that maintains Ethereum compatibility.
CS: Is the PlatON network targeting businesses? If so, what kinds?
JQ: Yes, PlatON is targeting the real-world economy, specifically the data economy. Today, intelligent IoT devices, sophisticated AI models, and massive cloud computing capabilities have unlocked tremendous value from big data, but this value has accrued to a limited number of platforms at the expense of individual data privacy.
A sustainable digital economy is only possible when data rights are protected, algorithms like AI are secure, and computing power is fairly compensated. Data is the next generation of capital and resource with immense potential value, and PlatON is building the marketplace for it.
CS: What key technical features of the PlatON protocol are unique?
JQ: There are several, with more to come. From a blockchain perspective, our Giskard consensus algorithm has passed formal verification by Runtime Verification, demonstrating significant performance and throughput without the immediate need for Layer-2 scaling solutions.
From a privacy and AI standpoint, we launched the world's first privacy-preserving AI framework, Rosetta, which helps developers integrate with TensorFlow for secure computation. This is foundational for building a next-generation data banking architecture, and we are collaborating with commercial banks and insurance institutions.
Crucially, our strong cryptography team has contributed Multi-Party Computation (MPC) algorithms to the Ethereum ecosystem. For example, PlatON received an Ethereum Foundation grant (FY19-0157) in 2019 and another grant (FY21-0379) this year for our work on MPC. We plan to release a privacy-preserving computation network with a suite of related protocols.
CS: How does PlatON navigate the complex landscape of global regulations?
JQ: We have embraced a compliance-first approach from day one, regularly consulting with our legal counsel. We are building a regulation-friendly blockchain and will implement necessary features to support compliance when required. Technically, PlatON remains an open-source protocol and a public network ecosystem.
CS: What are some current or upcoming use cases for PlatON?
JQ: PlatON is a full-featured blockchain ecosystem supporting common DApps like DeFi and NFTs. Our Alaya network focuses on this area. On top of that, privacy-preserving technology will enhance these use cases as we roll out our privacy protocols. We also support more complex institutional use cases, especially those that are data-intensive.
For example, we have delivered MPC-supported solutions like the KeyShard wallet management architecture and rolled out a bank-focused data collaboration protocol. In the future, a data marketplace will emerge, where individuals, institutions, and even machines can participate as data providers, computing providers, or algorithm providers. All parties will use the same protocol, agree on results, settle automatically on-chain, and share benefits fairly.
CS: How does PlatON handle security and scalability?
JQ: Performance, security, and stability are our top priorities. Our testnet has undergone extensive stress tests, fault injections, and security drills. A recent security audit by SlowMist confirmed the robustness of our codebase. Our core consensus algorithm, Giskard (a BFT + PoS + VRF mechanism), has been formally verified, significantly enhancing network security against malicious attacks. Economically, our incentive model prevents the centralization of staking power. Thanks to the state-of-the-art Giskard, we are confident in both our security and scalability.
CS: Can you tell us about the PlatON team and their background?
JQ: We have a team with a strong foundation in both academia and technology. Our core members possess deep experience in distributed systems architecture. We began focusing on blockchain in 2016 and have significantly rewritten the codebase, demonstrating our engineering depth. Our team's background in traditional finance—from settlement to payments platforms—helps us architect practical applications. As an open-source project, our community is growing, with over 100 core developers.
CS: What does PlatON's roadmap look like for the next 1-2 years?
JQ: The roadmap is clear. This year we celebrated our mainnet launch. Next, we will deploy key privacy-preserving protocols and release the first version of our privacy computation network. We believe that with PlatON's technology, a new wave of solutions for privacy-protected data will emerge. We will also build cross-chain bridges to extend our privacy-preserving capabilities to other ecosystems. Stay tuned for more updates.
