Particl (PART) is a privacy-focused decentralized platform, launched in July 2017, that provides a blockchain-based marketplace for secure and anonymous e-commerce transactions. Developed by the Particl Foundation, co-founded by Paul Schmitzer and Ryno Mathee in Zug, Switzerland, the platform integrates privacy-enhancing technologies like Confidential Transactions and Ring Signatures to ensure transaction security and privacy. The Particl platform is scalable, energy-efficient, and features voting and governance models. The native token, $PART, is utilized for various functions within the platform. It is used for conducting private transactions, paying for marketplace services and transaction fees, staking for network governance, and incentivizing user participation in maintaining the network's integrity. $PART thus plays a crucial role in the operation and governance of Particl's e-commerce platform, supporting its aim to offer private and secure online transaction solutions.
