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Decentralized And Fully Open-Source Project PlatON Aims To Construct New Generation Financial Infrastructure

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In recent years, with rapid development of 5G, Internet of Things, cloud computing and other technologies, the whole society has been evolving and upgrading on the road of informationization, digitization and intelligentization, and the data has become the key factor in the production process. As the value of data resources is gradually recognized, the demand for data circulation and sharing is increasing.

Although entities such as platform enterprises can set up algorithm analysis teams, use crawlers and terminal equipment and other technologies to obtain external data and process the same, provide relevant data to the outside world or provide data services, and overcome their own development problems in a centralized processing mode, from the perspective of the whole society, the data that can be acquired and processed by the centralized processing mode is still limited. The current digital infrastructure cannot meet the urgent needs for data transaction and sharing. Moreover, the inherent protection policy of trade secrets in the industry and the concerns of government departments on security interests restrict the maximum use of data value.

The emergence of blockchain and privacy computing technology provides guarantee and incentive for protecting data privacy and promoting data sharing transactions, and is gradually disrupting the traditional centralized governance model, creating the possibility for building a “decentralized” digital infrastructure.

“Decentralization” Reform And Development Trend In The Financial Field

The financial industry depends on big data, and its essence is in effective allocation of resources on the basis of mutual trust. As the traditional financial system is based on the centralized mode, it is highly dependent on intermediaries such as banks and arbitrators such as courts, which makes the market transaction cost high and the system efficiency low. It requires a lot of paperwork and it is difficult to manage vouchers. Introducing blockchain technology into the financial industry will break through the traditional centralized capital transaction mode and build a scattered and decentralized financial service system, which is called distributed finance (Defi).

Defi is not bound by central financial intermediaries such as banks, exchanges and brokerage companies, and uses blockchain intelligent contracts, which can specify in advance how to deal with all possible disputes and eliminate the necessity of third-party arbitrators, thereby reducing the provision and use of intermediary services and reducing transaction costs within the system. Compared with the traditional financial system, Defi transactions are smoother, and the financial services it provides will not be affected by a single point of failure.

Although Defi has many advantages in technology and business model, its development still faces many challenges. Security, as the first element of financial infrastructure, is also an unavoidable topic in Defi development. Within the financial system, the underlying network carries the transaction flow and payment settlement, while the vast amount of data flowing on nodes is related to customer privacy and trade secrets. In addition to that, whether it is institutional coordination and financial supervision in the short term or profit sharing in the future financial scenario, it is necessary to make a trade-off between data sharing and protection. All these cannot be separated from the escort of private computing technology.

Exploration Of PlatON In Constructing Financial Infrastructure

As a global leader in blockchain + privacy computing, PlatON will provide public infrastructure services under the open-source architecture for global AI and distributed application developers, data providers and various communities, institutions and individuals with computing needs through a new generation of private computing architecture consisting of verifiable computing, secure multi-party computing, zero-knowledge proof and homomorphic encryption.

At present, PlatON technology application scenarios have been extended to credit reporting, payment and clearing, key management and other fields. Facing the future all-digital era, one of PlatON’s core strategies is to explore possible paths for building a new generation of financial infrastructure by relying on privacy computing and its technical endowment, so as to promote large-scale transaction services and liquidity governance of data assets. To this end, PlatON officially launched the meta-network Alaya in October 2020. As the prototype network and “business sandbox” of PlatON’s new generation financial infrastructure, Alaya is committed to becoming the “pioneering demonstration area” of the next generation privacy computing and data asset computing infrastructure in the world.

PlatON is also a decentralized and fully open-source project, and anyone who is willing to support its development can contribute and get rewards. Recently, PlatON launched Hackathon activity on DoraHacks developer platform Hackerlink and set up a bonus pool of 170,000 US dollars, aiming at encouraging developers to emerge new inspiration and create new value, and further enriching the ecological application of PlatON and its meta-network Alaya around the private AI computing network. This activity was officially launched on July 21st and is expected to last until the end of September. The idea is tested on the Alaya development and test network or main network to continuously verify the completeness of the basic functions of the network. PlatON welcomes developers from all over the world to submit blockchain projects based on Alaya network to build a secure and credible digital infrastructure.

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Press Release

Flying Dresses International Solidifies Global Presence, Setting a New Standard for Experiential Luxury on the World’s Most Iconic Stages

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Melbourne, Victoria, Australia, 6th Feb 2026 – Flying Dresses International has formally cemented its position as a global leader in experiential luxury, unveiling a new chapter of international activations that place couture, destination, and personal storytelling on some of the world’s most recognisable stages.

Over the past year, the brand has executed landmark experiences at locations rarely associated with fashion-led storytelling. These include a high-impact activation at Seattle’s Space Needle, a creative collaboration within Warner Bros. Studios in Los Angeles, and an international runway debut in Hawaii. Closer to home, Flying Dresses International has also taken to the runway in Tasmania and Cairns, marking its growing influence across Australia’s premium fashion and tourism markets.

What sets Flying Dresses International apart is not scale alone, but adoption. The brand has become a trusted creative partner for national pageant titleholders and international fashion ambassadors, positioning itself at the intersection of couture and cultural influence. These endorsements reflect a broader shift in luxury, where experience, symbolism, and authorship carry equal weight to design.

At the centre of this expansion is founder Maria Praljak, whose vision continues to shape the brand’s international relevance. A multi-award-winning entrepreneur, Praljak was recognised in both the Maldives and Dubai in 2025 for her contribution to global fashion tourism and women-led enterprise. With a background spanning law, politics, luxury yachting, and global travel, she has built Flying Dresses International into a platform that merges art direction, destination, and identity.

“We are not just a photoshoot; we are a foundry for modern icons,” says Maria Praljak, Founder of Flying Dresses International. “We provide the stage, the couture, and the art direction for a woman to forge her own ‘Insigne Dea’, a timeless testament to her power and her story.”

The January release of this announcement has been strategically timed to coincide with the commencement of Australia’s peak wedding season and the lead-up to major exhibitions in Melbourne. This timing positions Flying Dresses International directly in front of brides and luxury travellers during their most active planning window.

As the brand continues its international expansion across the United States, the Pacific, and Asia, Flying Dresses International is redefining how luxury fashion is experienced, documented, and remembered.

 

About Flying Dresses International

Flying Dresses International is a global luxury fashion and tourism brand specialising in high-impact couture experiences across iconic destinations. Operating across Europe, Asia, Australia, and the United States, the brand is known for combining statement gowns, cinematic art direction, and landmark locations to create powerful visual narratives for women worldwide. Flying Dresses International has become a recognised name within experiential luxury, pageantry, and destination fashion.

Instagram: @flying.dresses

Media Contact

Organization: Flying Dresses International

Contact Person: Maria Praljak

Website: https://flyingdresses.international/

Email:
maria@flyingdresses.international

City: Melbourne

State: Victoria

Country:Australia

Release id:41093

The post Flying Dresses International Solidifies Global Presence, Setting a New Standard for Experiential Luxury on the World’s Most Iconic Stages 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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Press Release

Elysium and Spotex Launch Integrated Front-to-Back Digital Asset Trading Platform for Institutional Markets

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  • Elysium and Spotex Deliver Integrated Front-to-Back Digital Asset Trading Solution for the Institutional Market 
  • Decade-Long Partnership Expands from FX to Cryptocurrency with Live Deployment at Major Crypto Broker 

Chicago, IL, 6th January 2026, ZEX PR WIRE, Elysium and Spotex today announce the integration of Spotex’s institutional trading platform with Elysium’s MatchHub post-trade infrastructure. The integrated solution delivers a seamless front-to-back workflow for digital asset trading and has been successfully deployed at an established cryptocurrency broker, enabling optimized execution, reconciliation, and settlement across multiple custodians and clearing venues.

The combined offering represents a natural evolution of the two firms’ decade-long collaboration in traditional OTC foreign exchange markets. As both companies expanded their capabilities to serve the growing institutional digital asset ecosystem, the integration creates a comprehensive solution for firms operating in both FX and cryptocurrency markets.

The platform leverages Spotex’s api-driven execution capabilities—including price discovery, matching engine, cross-asset liquidity aggregation, and fiat-crypto pair pricing—with MatchHub’s back-end infrastructure for trade reconciliation, counterparty credit management, and multi-party settlement optimization. This end-to-end solution addresses the nuanced challenges faced by institutional crypto brokers managing multi-custodial relationships and diverse clearing arrangements across both traditional and digital assets.

“The growth of the crypto OTC market is supported in part by quality off-chain liquidity.” said Chris O’Connor, CEO of Elysium. “Spotex’s execution capabilities enable brokers to create a deep and diverse liquidity stack and Elysium’s MatchHub solves the complexity of the post-trade workflows.

“Our long history with Elysium in FX markets made this integration a natural evolution,” said John Miesner, CEO of Spotex. “Deploying our proven execution capabilities in digital assets along-side Elysium’s robust post-trade capabilities delivers the same operational excellence that institutional clients expect from their FX trading operations.”

The live deployment at the cryptocurrency broker showcases the platform’s ability to handle high-volume institutional trading while maintaining rigorous reconciliation and settlement standards across traditional banking infrastructure and digital asset custodial relationships. The bundled solution is immediately available to all institutional digital asset trading firms seeking to streamline their liquidity and enhance operational efficiency.

About Elysium

Elysium’s flagship platform, MatchHub, is the post-trade engine trusted by makers, takers, brokers, and prime brokers in an ever-evolving digital asset market. MatchHub delivers real-time trade capture, netting, settlement, and integrated credit controls through a fully branded client portal. With a track record spanning traditional finance and a dedicated crypto focus since 2018, Elysium combines deep market knowledge with cutting-edge engineering to power the next generation of institutional digital-asset infrastructure. For more information, visit www.elysiumtechgroup.com

About Spotex

Spotex is a leading institutional liquidity and trade execution platform serving the FX and digital asset markets. The company provides sophisticated market participants with access to deep liquidity pools, advanced execution algorithms, and comprehensive market analytics. With a decade of proven performance in traditional FX markets, Spotex has expanded its platform to serve the growing institutional cryptocurrency market. For more information, visit www.spotex.com.

About Author

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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Press Release

Elysium and Spotex Launch Integrated Front-to-Back Digital Asset Trading Platform for Institutional Markets

Published

on

  • Elysium and Spotex Deliver Integrated Front-to-Back Digital Asset Trading Solution for the Institutional Market 
  • Decade-Long Partnership Expands from FX to Cryptocurrency with Live Deployment at Major Crypto Broker 

Chicago, IL, 6th January 2026, ZEX PR WIRE, Elysium and Spotex today announce the integration of Spotex’s institutional trading platform with Elysium’s MatchHub post-trade infrastructure. The integrated solution delivers a seamless front-to-back workflow for digital asset trading and has been successfully deployed at an established cryptocurrency broker, enabling optimized execution, reconciliation, and settlement across multiple custodians and clearing venues.

The combined offering represents a natural evolution of the two firms’ decade-long collaboration in traditional OTC foreign exchange markets. As both companies expanded their capabilities to serve the growing institutional digital asset ecosystem, the integration creates a comprehensive solution for firms operating in both FX and cryptocurrency markets.

The platform leverages Spotex’s api-driven execution capabilities—including price discovery, matching engine, cross-asset liquidity aggregation, and fiat-crypto pair pricing—with MatchHub’s back-end infrastructure for trade reconciliation, counterparty credit management, and multi-party settlement optimization. This end-to-end solution addresses the nuanced challenges faced by institutional crypto brokers managing multi-custodial relationships and diverse clearing arrangements across both traditional and digital assets.

“The growth of the crypto OTC market is supported in part by quality off-chain liquidity.” said Chris O’Connor, CEO of Elysium. “Spotex’s execution capabilities enable brokers to create a deep and diverse liquidity stack and Elysium’s MatchHub solves the complexity of the post-trade workflows.

“Our long history with Elysium in FX markets made this integration a natural evolution,” said John Miesner, CEO of Spotex. “Deploying our proven execution capabilities in digital assets along-side Elysium’s robust post-trade capabilities delivers the same operational excellence that institutional clients expect from their FX trading operations.”

The live deployment at the cryptocurrency broker showcases the platform’s ability to handle high-volume institutional trading while maintaining rigorous reconciliation and settlement standards across traditional banking infrastructure and digital asset custodial relationships. The bundled solution is immediately available to all institutional digital asset trading firms seeking to streamline their liquidity and enhance operational efficiency.

About Elysium

Elysium’s flagship platform, MatchHub, is the post-trade engine trusted by makers, takers, brokers, and prime brokers in an ever-evolving digital asset market. MatchHub delivers real-time trade capture, netting, settlement, and integrated credit controls through a fully branded client portal. With a track record spanning traditional finance and a dedicated crypto focus since 2018, Elysium combines deep market knowledge with cutting-edge engineering to power the next generation of institutional digital-asset infrastructure. For more information, visit www.elysiumtechgroup.com

About Spotex

Spotex is a leading institutional liquidity and trade execution platform serving the FX and digital asset markets. The company provides sophisticated market participants with access to deep liquidity pools, advanced execution algorithms, and comprehensive market analytics. With a decade of proven performance in traditional FX markets, Spotex has expanded its platform to serve the growing institutional cryptocurrency market. For more information, visit www.spotex.com.

About Author

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.

Continue Reading

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