Press Release
HOW DOES KAKLAB REALIZE PERMANENT STORAGE?

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.
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.
Press Release
Flying Dresses International Solidifies Global Presence, Setting a New Standard for Experiential Luxury on the World’s Most Iconic Stages
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
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.
Press Release
Elysium and Spotex Launch Integrated Front-to-Back Digital Asset Trading Platform for Institutional Markets
- 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.
Press Release
Elysium and Spotex Launch Integrated Front-to-Back Digital Asset Trading Platform for Institutional Markets
- 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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