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HOW DOES KAKLAB REALIZE PERMANENT STORAGE?

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KAKLAB is created for digital content and cultural market, aiming to achieve a fair, safe, high-performance, scalable and versatile blockchain infrastructure. KAKLAB will be realized in two stages: building a distributed file storage system KAK File, and creating an NFT asset protocol through smart contract. In the first stage, KAKLAB will realize permanent storage of digital content achieved by IPFS underlying protocol; in the second stage, KAKLAB will realize multiple NFT-related protocols, cross-chain transfer, DApp development, etc. achieved by smart contracts.

KAK FILE is based on IPFS as the underlying technology, applying KAK as node incentive to achieve permanent storage of file data.

Like IPFS, KAKLAB stores and retrieves files based on content rather than address, any file resources stored in which will be generated with a unique hash value through an encryption algorithm. Since hash value of each file is unique, KAKLAB will delete duplicate files to ensure the uniqueness.

When requesting a file:

Only ask “Who owns this file” can you request a file from KAK File and then the node where the file is stored in the system will provide this file.

When verifying a file:

If you want to verify the file, you only need to compare the hash value of the file we got with the hash value we requested from KAK File. If the hash values are the same, then we get the correct and complete file.

KAKLAB implements KAK incentive and punishment mechanism to ensure nodes completely store files within specified time. Nodes need to deposit KAK first, after fulfilling their storage obligations, they will be rewarded and refunded.

Nodes in KAK File get reward from the following ways:

Storage reward: Storage service providers deposit KAK to become a storage service provider, and provide storage service within specific time to obtain rewards from customers;

Block generation reward: Storage service providers become validators through competition, and obtain rewards and fees through packaging blocks.

When the following rules are triggered, they will be punished or even emptied:

Consensus attack punishment: if a qualified node does not generate a new block required by the consensus mechanism, it will be regarded as a network attack;

Failure to submit the storage proof within specified time: if the delay time exceeds the generation attack threshold value, it will be considered as malicious offline that affects the security of the stored file.

Error in submitted storage proof: when a node has disk damage or data loss, it shall try to recover the data. If the proof submitted by the node deviates from the hash value of the customer’s source file, and the data is not recovered within specified time, it will be considered as malicious destruction.

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Streamex Adds Microsoft and PayPal Lead Product Designer to High Level Talent Roster

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On May 26, 2026 Streamex (NASDAQ: STEX) announced the appointment of Kori Handy as Vice President of Product and Design. Streamex is a technology company building a tokenization ecosystem for all real-world assets, beginning with commodities.

Canada, 30th May 2026 – Global Stocks News – Sponsored content disseminated on behalf of Streamex Corp. On May 26, 2026 Streamex (NASDAQ: STEX) announced the appointment of Kori Handy as Vice President of Product and Design.

Streamex is a technology company building a tokenization ecosystem for all real-world assets, beginning with commodities.

“The majority of IT-focused employers worldwide are flat‑out struggling to find the skilled tech talent they need,” reports Alpha Apex.

“It is rare that a company at our stage is able to attract this many experienced, successful people,” Streamex CEO Henry McPhie confirmed to Guy Bennett, the CEO of Global Stocks News (GSN).  “I’ve received calls from other tech CEOs asking how we did it. Our elite team understand the technology, and see the growth opportunity. Kori Handy has scaled multiple companies by making products more intuitive. He will be a key player for Streamex as we expand our product line.”

The hiring of Mr. Handy follows the recruitment of CFO Christine Plummer, former Global Controller at Coinbase; Director Anthony Marciano, a Clinical Professor of Finance at the Leonard N. Stern School of Business; Director Shawn Matthews, the Founder and CIO of Hondius Capital and former CEO of Cantor Fitzgerald; CIO Mitchell Williams, who managed multi-billion dollar global and domestic equity portfolios and Director Kevin Gopaul, who helped architect and scale BMO’s $100 billion ETF franchise.

“Kori understands how to take highly complex financial infrastructure and turn it into experiences that feel simple, premium, and deeply intuitive,” stated McPhie in the May 26 press release. “As we scale GLDY and introduce the next generation of tokenized financial products, Kori will play a major role in shaping how the world experiences modern digital assets.”

Mr. Handy most recently served as Product Design Leader at Groundfloor, the award-winning real estate investing platform with more than $2.5B in Assets Under Management (AUM) and over 280,000 investors. He led a full redesign across web and mobile platforms.

“I’ve always believed the future belongs to companies that can take powerful technology and make it feel simple, emotional, and accessible to everyday people,” stated Handy. “We’re not just designing another fintech product, we’re designing the future experience of owning and interacting with real-world assets on-chain.”

On May 26, 2026 Streamex CEO Henry McPhie appeared on a YouTube episode of “When Shift Happens” (WSH) hosted by Swiss journalist Kevin Follonier, who has created “an unfiltered space for the deepest conversations with Web3 pioneers”.

Web3 empowers users to control their data, digital assets, and online identities. 

“For those belonging to the Boomer or GenX generations, the Web3 learning curve can seem insurmountable,” states Medium.com. Follonier’s interviews help flatten that curve by challenging tech CEO’s to “Explain it to my mom.”

Follonier: You’re the co-founder and CEO of Streamex. What is Streamex? Explain it to my mom.

McPhie: We are a public company. We issue tokenized commodities. That is taking the physical asset, whether that’s gold or silver, and then creating a digital representation of it, the same way that a stock represents ownership in a company. You can trade it, you can sell it, you can do whatever you want with it, because you own it.”

Follonier: Explain to my mom why we need tokenized commodities.

McPhie: If you wanted to go buy gold, it would cost you money to store it. If you buy our product, which is GLDY, you can get the same exposure to gold, and you get a 3.5% annual yield for holding it. For any commodity, tokenization gives you the ability to own real-world assets, while getting a yield on top of it.

Follonier: Explain to my mom why it is not possible to earn yield on a non-tokenized asset?

McPhie: “If you own physical gold, it just sits there. Warren Buffett’s pet rock theory. We’ve partnered with a group called Monetary Metals, which is a gold leasing company. Our largest lease client is a $4.5 billion publicly traded jewelry company that has 6,000 stores worldwide. They need gold to be able to create the jewelry. Whether it’s a watch, a bracelet or a chain. They lease the gold from us, and they pay us to be able to use it.”

On May 21, 2026 Streamex hosted its Q1 2026 Earnings and Corporate Update, which included the following highlights:

Equity Trust – access to $72B+ and 359,000 U.S. tax-advantaged retirement accounts. An upcoming integration with Equity Trust Company opens GLDY to a distribution channel that previously had no pathway to tokenized commodity products, unlocking a significant addressable market of U.S. retirement capital.

Orca – 24/7 decentralized secondary market for tokenized securities. Streamex and Orca have entered into a development partnership agreement to build a compliant, permissioned secondary trading venue for tokenized securities, starting with GLDY. Holders will have the ability to trade their position at any time on decentralized infrastructure, with compliance enforced automatically at the wallet level.

Wintermute – instant T+0 liquidity. A collaboration with Wintermute, one of the world’s leading institutional liquidity providers, enables GLDY investors to mint and redeem their positions instantly, 24/7, reducing settlement from T+2 to T+0 and removing a key friction point for prospective investors.

GLDY is live, earning yield, and proven. GLDY closed Q1 with approximately $14 million in AUM (3,096 oz), paid its first dividends of 10.48 oz of gold to holders, and NAV continues to track the gold price exactly as designed. The infrastructure is auditable, operational, and now the foundation for every product that follows.

$45.85M cash position, zero debt, and a clean capital structure. Q1 capital actions, a $40.25M equity raise and full retirement of all convertible debentures, leave Streamex fully deleveraged with management expecting significantly more than 12 months of runway at current burn rates. The Company is executing its roadmap from a position of financial strength.

“This was the quarter Streamex went from preparation to proof,” stated Morgan Lekstrom, Co-Founder & Executive Chairman of Streamex in the May 21 update. “We launched our first product, paid our first dividends to GLDY holders, retired all of our convertible debt, and strategically built an institutional partnership ecosystem that we believe uniquely positions the Company for substantial, scalable growth.”

Disclaimer: Streamex paid GSN C$1,750 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer: Global Stocks News (GSN) researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN makes no recommendation to purchase any individual stock. There may be forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

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Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

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Country:Canada

Release id:45503

The post Streamex Adds Microsoft and PayPal Lead Product Designer to High Level Talent Roster 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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2026 BRICS New Industrial Revolution Partnership Forum Opened in Xiamen

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Xiamen,China—May 27,2026—The 2026 BRICS New Industrial Revolution (NIR) Partnership Forum opened on May 27 in Xiamen, Fujian Province .

Xiamen, China, 30th May 2026 – With the theme of “Building a Smart Manufacturing Ecosystem Together to Accelerate the New Industrial Revolution”, the forum is co-hosted by the Ministry of Industry and Information Technology (MIIT) and the Fujian Provincial People’s Government, and co-organized by the BRICS New Industrial Revolution Partnership Innovation Base, the Xiamen Municipal People’s Government, the Fujian Provincial Department of Industry and Information Technology, and the International Economic and Technical Cooperation Center of the Ministry of Industry and Information Technology (MIIT).

Event Scene 

The forum aims to strengthen policy exchanges and industry matchmaking among BRICS countries in the field of smart manufacturing, better leverage the advantages of the BRICS as a “Rich Mine”, “Huge Market” and “Large Factory”, and build a mutually beneficial industrial ecosystem. The forum  featured parallel sessions on smart factory incubation, digital and intelligent transformation of clean energy products and equipment, smart manufacturing industrial software, and technological innovation in industrial intelligence industries. Concurrently, supporting activities such as the BRICS Industrial Innovation Competition, the BRICS New Industrial Revolution Exhibition, the BRICS New Industry “Golden Heron” Excellence Scholarship Training Course, and the BRICS Industrial Capacity Cooperation Industry Matchmaking Activities were also held.

Event Scene

The forum brought together representatives from government authorities, embassies and consulates, leading enterprises, industry associations, think tanks, and financial institutions from 27 countries, as well as representatives from international organizations including the United Nations Industrial Development Organization (UNIDO), the New Development Bank (NDB), and the League of Arab States.

At the opening ceremony, the International Smart Manufacturing Alliance, together with relative apartments, released an international cooperation initiative on smart manufacturing, along with case studies of overseas smart factories, a reference catalogue of smart manufacturing system solutions, and an English version of recommended smart manufacturing standards. As a practical step to implement the International Cooperation Initiative on New Industrialization, 11 cities from both home and abroad — including Durban (South Africa), Lagos (Nigeria), Belgrade (Serbia), Almaty and Astana (Kazakhstan), Kőszeg (Hungary), as well as Xiamen, Nanjing, Wuhan, Yinchuan, and Changzhou (China) — jointly launched the “New Industrial Revolution Partner Cities Network.” The China Center for BRICS Industrial Capabilities announced its achievements since establishment and released the 2026 BRICS Industrial Cooperation Case Collection.

The BRICS Partnership on New Industrial Revolution is a key pillar of BRICS economic cooperation. In 2020, the BRICS Partnership on New Industrial Revolution Innovation Base was established in Xiamen. Since its inception, the base has been focusing on meeting national needs, leveraging Fujian’s strengths, and addressing the common aspirations of BRICS countries. It has carried out innovative cooperation in policy coordination, talents cultivation, and project development, hosting more than 50 high-level international exchange events, over 90 online and offline training sessions, and facilitating 138 projects with a total investment exceeding RMB 62 billion.

Under the support of the BRICS Innovation Base, Fujian Province has continued to deepen exchanges and cooperation with BRICS countries. In 2025, Fujian’s total import and export volume with BRICS countries reached RMB 365.5 billion, accounting for nearly one-fifth of the province’s total foreign trade, a clear demonstration of the vast potential for expanded BRICS cooperation.

Media Contact

Organization: Fujian Provincial Department of Industry and Information Technology

Contact Person: Duan Mengyuan

Website: https://gxt.fujian.gov.cn/zwgk/xw/jxyw/202605/t20260528_7153395.htm

Email: Send Email

City: Xiamen

Country:China

Release id:45548

The post 2026 BRICS New Industrial Revolution Partnership Forum Opened in Xiamen 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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Good Good Creative Leads Video Production Excellence in Hong Kong to Drive Brand Growth

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Hong Kong S.A.R., 30th May 2026 – Good Good Creative, a premier video production house based in Hong Kong, continues to redefine how businesses connect with audiences by transforming abstract concepts into high-impact visual stories. Specializing in commercial advertising, mobile-first content, corporate communications, promotional campaigns, event coverage, and music video production, the agency delivers polished, cinematic content designed to accelerate brand growth and strengthen branding in an increasingly visual digital landscape.

End-to-End Production Built for Dynamic Markets

Good Good Creative offers comprehensive, full-service production support. They guide clients seamlessly from the initial spark of an idea to the final broadcast-ready delivery. Navigating the complexities of modern media requires a meticulous approach, and the agency’s robust workflow encompasses every stage of the creative journey:

  • Pre-Production: Creative concept development, storyboarding, scriptwriting, and casting.
  • Production: High-end filming utilizing state-of-the-art cinema cameras, lighting, and audio gear.
  • Post-Production: Advanced narrative editing, professional sound mixing, and localized voice-over recording.
  • Finishing Touches: Expert color grading, custom motion graphics, and 2D/3D animation.

This turn-key workflow ensures every project benefits from rigorous quality control, technical expertise, and artistic oversight. By managing the entire pipeline under one roof, Good Good Creative eliminates the logistical friction often found when dealing with multiple specialized vendors.

A Trusted Partner Across Diverse Industries

Understanding that no two brands are identical, Good Good Creative collaborates with a highly diverse clientele. Their portfolio spans local small businesses looking to establish a digital footprint, non-governmental organizations (NGOs) aiming to drive social impact, and multinational global brands executing localized campaigns.

By prioritizing deep collaboration, the production team works as an extension of the client’s internal marketing arm. They immerse themselves in the client’s brand guidelines, target demographics, and core values. This collaborative spirit ensures that the final product aligns perfectly with the brand’s strategic goals and corporate identity, delivering a strong return on investment through effective branding.

Crafting Stories Through Elite Technology

In today’s saturated media environment, capturing consumer attention requires more than just standard video; it demands visual excellence. Good Good Creative invests heavily in the finest equipment and industry-standard technology to deliver results that are both polished and highly professional. Combined with years of narrative experience and a deep passion for storytelling, the team crafts compelling visual hooks that keep viewers engaged from the first second to the last.

Whether a brand needs a 15-second high-energy mobile advertisement for social media, a sophisticated corporate documentary for stakeholders, or a large-scale promotional campaign launch, Good Good Creative possesses the infrastructure and creative vision to bring those ideas to life.

About Good Good Creative

Good Good Creative is a full-service video production agency specializing in stylish, engaging, and commercially driven video solutions. Committed to bringing client visions to life with precision and creativity, the agency serves businesses across all sectors, helping them stand out, build trust, and drive meaningful engagement through the power of professional film and video production.

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Organization: trustbanana

Contact Person: Sher

Website: https://trustbanana.com

Email: Send Email

Country:Hong Kong S.A.R.

Release id:45573

The post Good Good Creative Leads Video Production Excellence in Hong Kong to Drive Brand Growth 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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