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Building a machine network based on blockchain to create a new IoT era

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Mankind is entering the era of “connection of all things”

Recently, the Ministry of industry and information technology released the key industries and application scenarios of “5G + industrial Internet”, marking that China’s 5G application has shifted from exploration to promotion. 5G has three characteristics: high speed, low delay and wide connection, which will promote the consumer Internet forward to the industrial Internet, and finally build an intelligent world of “everything connected”.

The essence of industrial Internet is to use information technology to closely connect the equipment, production lines, factories, suppliers, products and customers in the industrial manufacturing industry, which is across the equipment, system, and region, so as to improve efficiency and promote the intellectualization of the whole manufacturing service system. The 5G application scenarios released recently, such as collaborative operation and flexible manufacturing, indicating the importance of industrial Internet to achieve broader and deeper social cooperation. It is through this large-scale cooperation that human civilization makes progress continuously.

Large-scale social cooperation could be divided into two patterns: the first is centralized, with hierarchical “command-feedback” chain and mutual principal-agent relationship as the core characteristics. The typical representatives are government, bureaucratic organizations and military units; the second type is decentralized, represented by market mechanism. There is no central planning or unified coordination. The participants of the mechanism, based on cost-benefit calculation, promote the overall interests through automatic division of labor and exchange. On the social level, the efficiency of decentralized market mechanism is higher than that of centralized command mechanism. In the future mass machine equipment connection (mMTC) network, a decentralized and value exchange based large-scale collaboration among machines can be realized by introducing market mechanism. Therefore, the industrial Internet in the digital era is not only the Internet of factory manufacturing, but also a distributed network and governance structure. All enterprises can safely join this network to realize manufacturing services, integrated innovation and value sharing.

Sharing mechanism in large scale machine cooperation

Although large-scale collaboration between machines has great value potentially, it still faces problems such as privacy protection, trust between agents and higher demand of computing power of large-scale collaboration.

Therefore, the solution design of the industry is to adopt the pattern of “machine network + blockchain”. The role of Cloud in traditional industrial Internet, such as using the smart contract based on the blockchain to realize the value measurement, distribution and settlement of large-scale cooperation. Finally, it would make the large-scale cooperation of cross-border and public affairs more credible and efficient.

1) Effective data confirmation

The reason why blockchain has become the key to the future industrial Internet is that it integrates technologies such as cryptography, peer-to-peer network, consensus mechanism, and forms a new way of data recording, transmission, storage and presentation, so as to construct a decentralized pattern, which can effectively confirm the data rights. In the industrial Internet, the integration of blockchain technology can solve the problem of mutual trust and cooperation among multiple players, as well as the problem of industrial enterprises’ control over their own data.

2) Reducing the transaction cost of multilateral platform

With the development of global market and the subdivision of supply chain, the participation cost of complex business activities is no longer “bilateral”, but “multilateral”, and the establishment of trust relationship is more and more expensive. Blockchain technology can build a peer-to-peer and unified platform for business activities. At the same time, it can significantly reduce one of the trust costs in transaction costs to be commercially feasible. Participants in business activities will move from traditional “bilateral platform” to “multilateral platform”. While scale effect is formed, the trust cost will not increase too much.Finally, it will be superimposed into an ecological effect, forming a viable business model.

3) To solve the problem of Isolated Data Island by privacy computing

Although blockchain can play a significant role in solving trust, cooperation and other problems in industrial Internet, it still has some defects in data value mining and privacy protection. Therefore, blockchain also needs to combine with privacy computing. Privacy computing can not only realize data sharing under privacy protection, ensure the authorization of privavy data, but also prevent malicious eavesdroppers or others from accessing the original data or data calculation results. In the industrial Internet, the core data is still kept in the enterprise. Under the premise of meeting the needs of data privacy security, privacy computing enables enterprises to use massive industrial data more efficiently and accurately, solving the problem of Isolated Data Island. Furtherly, it enhance the value of data in the process of sovereign ownership and rights sharing, and realize the two-way empowerment of various enterprises.

PlatON helps intelligent interconnection of Machine Networks

PlatON is a privacy computing network based on cryptography algorithm. As a global leader in blockchain industry, it can effectively solve the problems about Big Data managemen in the industrial Internet by its existing technical advantages, and provide a safer infrastructure based on privacy protection and edge computing capability. Firstly, PlatOn’s powerful encryption algorithm technology can provide trusted device authentication, multi-channel data transmission and data storage services for industrial Internet, and enhance the security of device system; Secondly, PlatOn’s new computing architecture can make full use of the computing resources of adjacent nodes, provide strong computing support for the industrial Internet, and comprehensively improve the timeliness of services. Finally, PlatOn’s privacy protection and multi-party secure computing (MPC) technology can support collaborative analysis of massive data and integration of diverse scenarios

On April 30, 2021, the PlatON privacy AI computing network obtained the community license with 80.6% support rate, and the current pre-deployment network has officially become the main network. PlatON will gradually establish a multi-agent collaboration and computing network for the future, and promote industrial civilization and human society from “interconnection of all things” to “intelligent connection of all things”.

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WHY VANESSA HUDGENS CHOSE AMAZON’S EKOUAER OVER LUXURY LABELS — AND WHAT IT REVEALS ABOUT FASHION’S NEW ERA

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New York, US / Timesnewswire / October 2, 2026 – For decades, A-list celebrity endorsements followed a predictable blueprint: high fashion, multi-million-dollar haute couture deals, and unattainable luxury. But this fall, Hollywood star Vanessa Hudgens is continuing her game-changing fashion narrative with Amazon’s sleepwear and loungewear giant, EKOUAER.

First announced as an official EKOUAER Brand Friend earlier this July, Hudgens’ collaboration with the brand hits a major crescendo this October as EKOUAER celebrates its 11th Anniversary. Rather than aligned with exclusive runaway brands, Hudgens has embraced the ultimate daily wardrobe staple used by millions of everyday women across America.

“Becoming a mom has definitely made me appreciate versatility even more,” says Vanessa Hudgens. “I want pieces that are comfortable and easy for everyday life, but that I can dress up and still feel really good in.”

As EKOUAER marks its 11-year milestone, the timing coincides with October’s major Amazon shopping moment, proving that “everyday comfort” is officially beating traditional luxury status symbols. The star’s fall favorites spotlight pieces engineered for multi-scenario living, including the viral Ekouaer Satin Pajamas Set with Bow Tie Front and and the versatile, ultra-cozy Ekouaer 2-Piece Pleated Lounge & Sweater Set. “For me, it’s about finding that sweet spot where you feel comfortable but still put together,” Hudgens adds. “I love being able to take the same piece and completely change the feeling of it depending on how I style it.”

As EKOUAER kicks off its 11th Anniversary celebrations, the alliance redefines modern celebrity style: luxury isn’t about the price tag—it’s about effortless comfort.

EKOUAER

Dana Li

pr@EKOUAER.com

New York, US

https://EKOUAER.com/

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From One Store to 400 Daily Orders: 70-Year-Old Lalit Kumar Takes Natural Spices Online Across UAE

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The Indian-born businessman has lived and worked in the UAE since 1983. Now 70, he has taken a single grocery store online, and it handles around 400 orders a day.

Dubai, Al Nahda 1, United Arab Emirates, 2nd Oct 2026 – When shipments were getting stuck and many small shops decided to sit tight, Lalit Kumar did the opposite. At 70, the owner of Natural Spices and Foodstuff Trading LLC moved his grocery business online. Today it delivers to customers in every emirate.

He started with one retail outlet and five staff. The business now handles about 400 orders a day through its own website, NaturalSpicesUAE.com, and through the UAE’s major online marketplaces. It sells spices, herbs, Indian groceries, snacks, dry fruits and other daily essentials.

Forty Years in the UAE

Mr. Kumar came to the UAE from India in 1983. Since then he has run businesses in electronics, transport, and oil and gas, and now in foodstuff. He says each one prepared him for the next. Electronics taught him how customers think. Transport taught him about timing. Oil and gas taught him patience.

“I came here as a young man and this country gave me a chance. It gave my family a home. I have never taken that for granted, and everything I build here is my way of saying thank you.”
— Lalit Kumar, Owner, Natural Spices and Foodstuff Trading LLC

Moving When Others Waited

The shift online came at a hard time for retail. Deliveries were running late, costs were going up and fewer people were walking into shops. Mr. Kumar decided not to wait it out.

With his team of five, he set up online ordering, reorganised the stock and worked out packing and delivery, all from the same store they were already running. The website went live, the products went onto the marketplaces, and orders started coming in from across the country.

“I have seen this market go up and down many times since 1983. If you stop every time things get difficult, you will never move. At my age people expect me to slow down. I would rather see what comes next.”
— Lalit Kumar

Still in the Store Every Day

Orders now go out to Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah. Customers say they come back for the range, the fair prices and delivery they can count on.

Growth hasn’t pulled Mr. Kumar away from the business. He is in the store every day. He talks to customers himself, bargains with suppliers and makes the big decisions. His staff say he has more energy than most of them, and he still knows many of his regulars by name.

“A customer is a person, not an order number. Whether they walk into the shop or order from Fujairah, they should get the same respect and the same fair price. That is how I have always worked. A website doesn’t change that.”
— Lalit Kumar

Looking Ahead

Over the coming months, the company plans to add more products, grow its marketplace presence and improve delivery across the UAE.

“I have been building businesses in this country for more than forty years, and I still feel like I’m starting out. As long as I have the energy, I’ll keep going, for my customers, my team and for the UAE.”
— Lalit Kumar

About Natural Spices and Foodstuff Trading LLC

Natural Spices and Foodstuff Trading LLC is a UAE-based grocery and foodstuff company serving customers through its retail outlet, its e-commerce platform NaturalSpicesUAE.com and leading online marketplaces across the United Arab Emirates. The company offers spices, herbs, Indian grocery products, snacks, dry fruits and other food essentials. It is owned and led by Lalit Kumar, who has been in business in the UAE since 1983 across the electronics, transport, oil and gas, and foodstuff sectors.

Media Contact

Organization: Natural Spices and Foodstuff Trading LLC

Contact Person: Lalit Kumar Kundani

Website: https://naturalspicesuae.com/

Email: Send Email

Contact Number: +971529941656

Address: Al Bannai Building, Shop 1, Al Amman Street, Al Nahda 1, Dubai, UAE

City: Dubai

State: Al Nahda 1

Country: United Arab Emirates

Release id: 45332

The post From One Store to 400 Daily Orders: 70-Year-Old Lalit Kumar Takes Natural Spices Online Across UAE appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Memito Opens Token Sale on Ethereum With Formula-Based Pricing and Multi-Network Payments

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Memito, a community meme token on Ethereum, has opened a token sale on memito.org. The price is calculated by a formula in the verified smart contract, and the sale accepts five assets on Ethereum, a bridge from five networks and a wide range of wallets.

Canada, 2nd Oct 2026 – Memito (MEMITO), a community meme token on Ethereum, has opened its public token sale at memito.org, making participation available worldwide in 24 languages, with five payment assets, a built-in bridge from five networks and support for seven popular wallets. The sale is run directly by the token’s smart contract, which is published and verified on Etherscan.

Formula-based pricing set in the contract

Instead of fixed sale rounds, the token price is calculated by a formula written into the smart contract. The formula starts at 0.00000018585 USD per token and adjusts the price according to the total amount raised in the sale. Before confirming a transaction, each participant is shown the calculated quote for the selected amount. Tokens are transferred to the participant’s wallet within the same on-chain transaction, so there is no separate claim step. Trading of the token has not opened, and no date has been set.

Payment options across networks

The sale accepts ETH, USDT, USDC, DAI and WBTC on Ethereum, with individual transactions from about 1 USD to 10,000 USD. For users whose funds are held on BNB Chain, Arbitrum, Base, Polygon or Optimism, the website integrates the third-party LI.FI bridge, which can move funds to ETH on Ethereum and shows the route fees before signing. The website is available in 24 languages.

The sale page supports MetaMask, Trust Wallet, OKX Wallet, Bitget Wallet, Binance Wallet and Bybit Wallet (via WalletConnect), as well as other WalletConnect-compatible wallets, on desktop and mobile devices.

Wallet selection on memito.org
Wallet selection on memito.org

“Memito started as a meme, but we are building it as a community first,” the Memito team said. “We wanted anyone, from any network and in their own language, to be able to join from day one, with the rules of the sale written openly into the contract. The community on X and Telegram is where we share every next step.”

Token details

The token contract address is 0xe02AD79732658a2ec2C85Ecd15De5E08A311373C. Maximum supply is 420,690,000,000,000 MEMITO. When trading opens, the final supply is allocated as follows: 60% to buyers, referrals and the liquidity pool, 10% to a reserve, 15% to the founder share held in the project’s Ecosystem Wallet and 15% to the treasury. The deploying wallet received no tokens at launch.

The memito.org token sale page
The memito.org token sale page

About Memito

Memito (MEMITO) is a community meme token (ERC-20) on Ethereum, distributed through a formula-priced token sale on memito.org. More information is available on the project website and on its X and Telegram channels.

The token sale is open now at memito.org, where participants can review the contract details and the current quote before taking part.

Website: memito.org | X: @MEMITO_COIN | Telegram: t.me/memito_coin

Disclaimer: This press release is provided for information purposes only and is not investment advice. Crypto-assets carry risk, including the loss of funds. Readers should do their own research.

Media Contact

Organization: Memito

Contact Person: Memito Team

Website: https://memito.org

Email: Send Email

Country: Canada

Release id: 49614

The post Memito Opens Token Sale on Ethereum With Formula-Based Pricing and Multi-Network Payments appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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