The invention discloses a high-hardness and high-wear-resistance titanium alloy as well as a preparation method and application thereof. The chemical composition of the high-hardness and high-wear-resistance titanium alloy is TiaPtbMc, wherein M is at least one of Pd, Au, Ag and Rh, a is more than or equal to 70 at.% and less than or equal to 75 at.%, b is more than or equal to 24 at.% and less than or equal to 30 at.%, c is more than or equal to 1 at.% and less than or equal to 5 at.%, and a+b+c=100 at.%. The high-hardness and high-wear-resistance titanium chooses Ti and Pt binary alloys as the basis, and elements such as Pd, Au, Ag and Rh are further alloyed, so that the hardness of the alloy is remarkably improved; due to the fact that the selected alloying elements have relatively highchemical stability, the corrosion resistance and the biocompatibility of the alloy can be improved; the main crystal phase is a Ti3Pt intermetallic compound, the microhardness value of the Ti3Pt intermetallic compound is greater than 700HV, which is far higher than pure titanium and traditional medical titanium alloy, and can effectively alleviate the problem of poor wear resistance; and in addition, Pt, Pd, Au, Ag, Rh and the like are precious metal elements, have relatively high chemical stability and high corrosion resistance in a physiological environment, and can effectively reduce ion precipitation and reduce biotoxicity.