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.
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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.
Press Release
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising in structured and fixed-income investments, today announced a new strategic relationship with a leading international banking institution. The collaboration will enhance Mayfair Southern’s ability to deliver regulated bond and fixed-income opportunities to its growing client base of professional and high-net-worth investors.
While the bank’s identity has not been formally disclosed, it is understood to be a London-based institution with a strong international footprint and a long-standing presence across key emerging markets. The partnership is expected to broaden Mayfair Southern’s access to global credit markets, enabling the firm to source high-quality, institutionally originated fixed-income products within a transparent and regulated framework. “Fixed income has always been a cornerstone of disciplined investing,” said a spokesperson for Mayfair Southern. “Our new partnership strengthens our capacity to offer clients access to regulated bonds and structured products that meet the highest standards of due diligence, governance, and performance potential.” Delivering Regulated Fixed-Income Solutions Mayfair Southern’s platform focuses on providing investors with exposure to regulated bond issuances and other fixed-income instruments designed to deliver stability and predictable returns within a risk-managed structure. The firm works exclusively with authorised counterparties and approved product providers to ensure all offerings comply with FCA standards. This latest collaboration will enable Mayfair Southern to offer a wider range of investment-grade bonds, infrastructure-linked securities, and other interest-bearing instruments sourced through its partner’s extensive international network. “Institutional-quality fixed-income access is typically reserved for large investors,” the spokesperson added. “Our goal is to make those opportunities available to private and professional clients in a way that is both accessible and fully compliant.” Strengthening the Firm’s Global Reach By aligning with a global banking partner, Mayfair Southern aims to extend its distribution and research capabilities, improving its ability to identify yield opportunities across different credit environments. This partnership also enhances the firm’s ability to monitor and manage risk, using institutional-grade analytics and independent oversight to maintain transparency for investors. Industry commentators have noted that regulated firms offering fixed-income products play a vital role in today’s market, where investors are seeking predictable returns amid macroeconomic uncertainty. The combination of Mayfair Southern’s compliance-led approach and its partner’s international reach positions the firm to serve as a trusted conduit between capital markets and investors seeking stability. About Mayfair Southern Mayfair Southern is an FCA-regulated appointed representative providing bespoke investment solutions for professional investors, institutions, and high-net-worth clients. The firm specialises in regulated bonds, fixed-income instruments, and other structured investments designed to deliver transparent, risk-adjusted outcomes.
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
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising in structured and fixed-income investments, today announced a new strategic relationship with a leading international banking institution. The collaboration will enhance Mayfair Southern’s ability to deliver regulated bond and fixed-income opportunities to its growing client base of professional and high-net-worth investors.
While the bank’s identity has not been formally disclosed, it is understood to be a London-based institution with a strong international footprint and a long-standing presence across key emerging markets. The partnership is expected to broaden Mayfair Southern’s access to global credit markets, enabling the firm to source high-quality, institutionally originated fixed-income products within a transparent and regulated framework. “Fixed income has always been a cornerstone of disciplined investing,” said a spokesperson for Mayfair Southern. “Our new partnership strengthens our capacity to offer clients access to regulated bonds and structured products that meet the highest standards of due diligence, governance, and performance potential.” Delivering Regulated Fixed-Income Solutions Mayfair Southern’s platform focuses on providing investors with exposure to regulated bond issuances and other fixed-income instruments designed to deliver stability and predictable returns within a risk-managed structure. The firm works exclusively with authorised counterparties and approved product providers to ensure all offerings comply with FCA standards. This latest collaboration will enable Mayfair Southern to offer a wider range of investment-grade bonds, infrastructure-linked securities, and other interest-bearing instruments sourced through its partner’s extensive international network. “Institutional-quality fixed-income access is typically reserved for large investors,” the spokesperson added. “Our goal is to make those opportunities available to private and professional clients in a way that is both accessible and fully compliant.” Strengthening the Firm’s Global Reach By aligning with a global banking partner, Mayfair Southern aims to extend its distribution and research capabilities, improving its ability to identify yield opportunities across different credit environments. This partnership also enhances the firm’s ability to monitor and manage risk, using institutional-grade analytics and independent oversight to maintain transparency for investors. Industry commentators have noted that regulated firms offering fixed-income products play a vital role in today’s market, where investors are seeking predictable returns amid macroeconomic uncertainty. The combination of Mayfair Southern’s compliance-led approach and its partner’s international reach positions the firm to serve as a trusted conduit between capital markets and investors seeking stability. About Mayfair Southern Mayfair Southern is an FCA-regulated appointed representative providing bespoke investment solutions for professional investors, institutions, and high-net-worth clients. The firm specialises in regulated bonds, fixed-income instruments, and other structured investments designed to deliver transparent, risk-adjusted outcomes.
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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.
Brandon, MB, 4th December 2025, ZEX PR WIRE, Multicurrency functionality is a valuable feature for businesses that deal with international clients, suppliers, or operations. It allows companies to manage transactions, invoices, and payments in multiple currencies, providing flexibility and accuracy in global trade. However, there are scenarios where a business may choose or need to remove multicurrency features from their accounting software, whether due to a change in business strategy, compliance issues, or software limitations.
Removing multicurrency support can have significant implications on how financial data is recorded and reported. Typically, once multicurrency is enabled in an accounting system, it becomes deeply integrated with the way transactions are handled. This includes currency conversions, exchange rate tracking, and foreign currency reporting. As a result, disabling or removing multicurrency support is not always straightforward and often requires careful planning.
One of the primary reasons a business might decide to remove multicurrency functionality is if it has ceased international operations or consolidated its activities to a single currency environment. This decision simplifies accounting processes by eliminating the need to track fluctuating exchange rates and reduces the complexity of tax reporting. However, businesses must ensure that all existing foreign currency transactions are properly reconciled before multicurrency is removed. This often involves settling outstanding balances, converting open transactions into the base currency, and finalizing any exchange gains or losses.
Another consideration is the impact on historical financial data. Some accounting software does not allow multicurrency to be turned off once enabled because it affects the integrity of past records. In such cases, the business may need to create a new company file or accounting database without multicurrency features and migrate their current financial data accordingly. This process can be time-consuming and requires attention to detail to avoid data loss or inconsistencies.
It is also important to consult with accounting professionals before making any changes to multicurrency settings. They can help assess the implications for tax compliance, reporting standards, and audit requirements. Furthermore, they can assist with reconciling foreign currency transactions and ensuring that financial statements remain accurate and compliant with regulatory guidelines.
In conclusion, removing multicurrency features from accounting software is a significant step that requires thorough evaluation and preparation. While it can streamline accounting processes for businesses operating exclusively in one currency, the transition must be managed carefully to preserve data accuracy and maintain compliance. Seeking expert advice and planning the removal process diligently will help businesses navigate this change successfully.
About QuickBooks Repair Pro
QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).
For more information, visit https://quickbooksrepairpro.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.
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
How to Remove QuickBooks Multicurrency and Simplify Your Accounting
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